Business Daily | by John Mutua
Workers and businesses defaulted on loans worth Sh45 billion in the six months to August when Kenya imposed stringent measures to contain the spread of the coronavirus.
Data from the Central Bank of Kenya (CBK) shows that non-performing loans (NPLs) rose to Sh394.4 billion in August, up from Sh349.9 billion at the end February — the sharpest six-month increase in recent history…
