Banks accuse CBK of controlling loan rates
Business Daily | by Patrick Alushula
Commercial banks are accusing the Central Bank of Kenya (CBK) of capping lending rates after blocking their bid to...
Sacco remittances halve to Sh900m
Business Daily | by Lynet Igadwah
The amount of outstanding dues remitted to saccos halved to Sh900 million in the year to June compared to...
Kenyan banks to suffer more loan losses in 2021 – McKinsey
Kenyan Wall Street | by Jackson Okoth
Kenyan banks are expected to experience more losses in the coming year as customers struggle to service their...
DT Dobie, Co-op Bank to finance purchase of Mercedes buses
The Standard | by Standard Reporter
Motor dealer DT Dobie and Co-operative Bank have entered into a financing partnership worth Sh1 billion that will enable...
Poor implementation of tobacco rules fuelling addiction, NGO laments
Nation | by Aggrey Omboki
Haphazard implementation of tobacco control laws is fuelling the spread of tobacco consumption among teens, Kenya Tobacco Control Alliance (Ketca) chair...
Microfinance banks cut lending on Covid default fears
Business Daily | by Otiato Guguyu
Microfinance banks cut lending in the second quarter to June amid fears of default in the wake of coronavirus...
USIU gets approval to offer first online master’s degree in Kenya
Business Daily | by Lynet Igadwah
The Commission for University Education (CUE) has granted the United States International University (USIU) approval to offer Kenya’s first...
Simba targets users of secondhand cars with Sh1m Kenya-made car
Business Daily | by John Mutua
Simba Corporation on Thursday started selling a locally assembled car that retails at about Sh1.1 million ($10,000), targeting consumers...
