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By FAITH NYAMAI More by this Author Five savings and credit co-operative societies (saccos) are now among the country's top lenders after accumulating savings and assets worth Sh149.9 billion as at the end of the last financial year. They are Mwalimu, Harambee, Stima, Kenya Police and Afya.
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The denial of credit to the extension of the Standard Gauge Railway (SGR) phase 2B or the lack of discussions to the said credit facility have in the past week dominated conversations in the public domain. While government has through State House vehemently rubbished information on the denial to a
News
The denial of credit to the extension of the Standard Gauge Railway (SGR) phase 2B or the lack of discussions to the said credit facility have in the past week dominated conversations in the public domain. While government has through State House vehemently rubbished information on the denial to a
News
By BRIAN NGUGI More by this Author Kenya added some 500 banking and insurance jobs in 2018, returning the sector to a growth trajectory after it shed 1,500 jobs the previous year. The pace of new employment, however, remained slow despite offering a glimmer of hope to millions of
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By JAMES KARIUKI More by this Author The strengthening of the Kenya shilling against the greenback by 1.6 percent has adversely affected tea prices, making smallholder tea farmers experience a 19.3 percent fall in earnings per kilogramme in the past nine months. Kenya Tea Development Agency (KTDA), the
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By JAMES KARIUKI More by this Author Local retailers secured the lion's share Sh429 billion from lenders to open new stores and refurbish outlets amid rising fierce competition including from incoming global brands. According to the 2018 Economic Survey, the money, representing 21.9 percent of the Sh1.
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The employment of mobile applications in the issuance of credit in the country has grown from a relatively non-existent position to become central to the delivery of financial services in Kenya. According to the recently released survey on financial access dubbed the FinAccess 2019 report by the Central Bank of