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Markets
Debt Shaming Cases by Mobile Lenders Down 75% on Fresh Regulations
Cases of harassment and debt shaming by digital lenders have declined following the joint efforts to bring sanity to the…
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November 3, 2023
Advantages of CIS mechanism for Kenyan borrower in Credit Market
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August 18, 2023
Metropol Launches Second Economic Forecast Report
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Kenya
S&P Downgrades Kenya’s Rating to B-
S&P Global Ratings downgraded Kenya’s credit score after the government nixed controversial tax hikes meant to address fiscal imbalances. The…
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Credit Rating
Fitch Downgrades Kenya’s Long-Term Foreign-Currency Rating to ‘B-‘
Fitch Ratings has downgraded Kenya’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘B’, while maintaining a Stable Outlook.…
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May 27, 2024
KCB Bank Raises its Base Lending Rate to 15.6%