More Pain as CBK Hikes Loan Interest Rates to Record High
The Central Bank of Kenya (CBK) has increased the benchmark for lending rates for banks across the country by 200 ...
Tag: Loans
David Ndii: Blame Yourselves for Electing Ruto
David Ndii, the Chairperson of the Presidential Council of Economic Advisors, has blamed Kenyans for the high cost of living ...
Questions After Treasury Cuts Hustler Fund Budget by Half
The National Treasury has cut the budget for the Hustler Fund by Kshs 5 billion in the latest budgetary changes, ...
Ndii Explains Kenya’s Desperate Situation, Blames Uhuru
David Ndii, the Chairperson of the Presidential Council of Economic Advisors, has revealed the desperate situation of the country owing ...
Ruto Heads to China for Crucial Meeting
President William Ruto will depart the country for China on Saturday, October 14 in the evening. According to a statement ...
Kenya to Benefit from Ksh145 Billion World Bank Loan
Kenya is among countries set to benefit from a Ksh 145 billion loan from the World Bank. In a statement ...
Surviving on Credit and Default: The Reality in Kenya
The use of credit in Kenya has slowly become an integral part of daily life for many individuals and businesses. ...
Headache for Ruto as Hustler Fund Default Shoots to Ksh3 Billion
Hustler Fund defaulters have increased over the past nine months since President William Ruto launched the program, on November 29, ...
NCBA Fuliza Customers Increased by 16.8m in 2022
Customers for the biggest credit service for NCBA, Fuliza, have increased by 16.8 million for 2022. According to the released ...
Safaricom Unveils HELB Mobile Wallet for Students to Receive Loans through Mpesa
Safaricom in partnership with the Education Loans Board (HELB) have launched HELB Mobile Wallet which will allow students to receive ...