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Nowhere to go as lenders shun State entities over loan defaults

NEWS

Commercial banks are cutting their loan exposure to State-owned enterprises (SOEs) amid increased default risk.

Nowhere to go as lenders shun State entities over loan defaults

By Patrick Alushula | 1 month ago

Up to your ears in debt? Here’s how to free yourself

Up to your ears in debt? Here’s how to free yourself

Experts advise prioritising your expenses and kicking out unnecessary ones is a good starting point to avoid being caught up in a debt trap.

Wambu Wainaina | 2 months ago

Alarm over debts as Controller of Budget pleads with MPs to save Kenyans

For every three shillings collected by KRA, two shillings are gobbled by debt. Central Bank of Kenya Governor Patrick Njoroge raised similar fears.

Grace Ng'ang'a | 2 months ago

Piling debt burden: Heed Central Bank’s warning

CBK Governor Patrick Njoroge appeared before Parliament for the second time in less than three months to talk about debt.

Editorial | 2 months ago

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