Forex reserves drop by Sh27b after debt repayment to China
NEWS
Central Bank attributes the dip between July 15 and 21 to a sharp increase in external debt service costs estimated at Sh39.6 billion.
By Dominic Omondi | 6 days ago
More Kenyans hooked on loans as pandemic takes its toll
New data shows increased dependence on borrowing for sustenance, with many taking credit from one loan app to pay off another.
Awal Mohammed | 8 days ago
The anatomy of the Kenyan digital borrower
CBK’s data indicates that banks lent Sh333 billion in personal/household loans between March and December 2020.
Frankline Sunday | 11 days ago
Shareholders set for a piece of Sh132 billion banks’ windfall
Slightly over a year since the country recorded its first case of the deadly virus, Kenyan banks appear to be on steroids.
Dominic Omondi | 11 days ago
The payment will include a principal of $183.5 mil...
By Dominic Omondi | Jul 12, 2021
SACCOs restructured loans worth Sh7.7 billion in D...
By Peter Theuri | Jul 06, 2021
Tom Mboya had good ideas on transforming Kenya int...
By Hudson Gumbihi | Jul 06, 2021
How Sacco members changed credit consumption patte...
By Macharia Kamau | Jul 05, 2021
The target is for Treasury to shrink its Budget ho...
By Dominic Omondi | Jun 30, 2021
The IMF has become the lender of choice when the c...
By Frankline Sunday | Jun 30, 2021
Move has left local investors, particularly commer...
By Dominic Omondi | Jun 28, 2021
This will bring to Sh76 billion the amount that th...
By Macharia Kamau | Jun 25, 2021
Taking out a loan is one of the best ways to solve...
By Pauline Muindi | Jun 23, 2021
Chepalungu Sub-County police commander Nelson Maas...
By Gilbert Kimutai | Jun 17, 2021
Generally, too much borrowing is not good. Taking ...
By Editorial | Jun 13, 2021
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