News
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What it means for Kenyan borrower as CBK begin issuing licences to mobile lenders
Beginning September 17, 2022, it will be illegal for mobile lenders, legally identified as Digital Credit Providers (DCP) to make…
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What politicians are not telling you about Kenya being broke
A section of Kenya Kwanza politicians has accused former President Uhuru Kenyatta of leaving Kenya’s economy in a “dilapidated” situation…
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What interest rate hike in U.S means for Kenya as MPC prepares to meet – CBK Governor Njoroge explains
African countries including Kenya are experiencing serious levels of economic distress to maintain relationship in the financial markets like borrowing…
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Using tech to avoid “The Great Resignation”
The Great Resignation is increasingly becoming a major source of concern for businesses. Initially, this global phenomenon was attributed to…
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Ukraine’s agricultural exports under grain deal reach 3.9 mln tons
Ukraine’s agricultural exports under a key grain deal reached 3.9 million tons, the Ukrainian Sea Ports Authority said Monday. So…
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CBK licenses only 10 out of 288 mobile lenders to operate in Kenya – see full list
The Central bank of Kenya (CBK) has began the process of issuing operating license to Digital Credit Providers (DCPs), better…
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Equity Bank inherits 20,000 teachers accounts valued at Ksh.1.3 billion from Spire bank
Equity Bank (Kenya) Ltd, a subsidiary of Equity Group Holdings entered into an Assets and Liabilities Purchase Agreement with Spire…
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Nigeria’s inflation at 17-year high of 20% in August
Nigeria’s inflation rate rose to 20.52 percent in August, the highest since September 2005, according to data released Thursday by…
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CBK to discontinue mobile lenders yet to comply with regulatory framework
The deadline is looming for Digital Credit Providers (DCPs) or better known – mobile lenders, who are yet to comply…
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Palm Oil farming in Busia could save Kenya Ksh.16 billion on annual imports
Western Kenya is poised to be Kenya’s source of palm oil which could spare the country the agony of spending…
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