An overdraft facility has been launched by Safaricom and KCB Bank Kenya (KCB) to allow business owners to access goods on credit. The ‘Fuliza ya Biashara’...
The 42nd Annual General Meeting (AGM) of pan-African housing financier Shelter Afrique will take place in Nigeria and endorse new reforms. Themed ‘Political Economy in the Built...
I&M Bank doubled the limit for salaried customers’ access to personal loans from Sh5 million to Sh10 million without requiring collateral. The lender declared on Wednesday...
The unsecured credit limit of I&M Bank Kenya Limited has been increased from Sh5 million to Sh10 million. The lender said in a statement that it...
Tata Holdings Africa (Kenya) and SBM Bank Kenya have agreed to a car financing deal that will allow customers to access vehicles on credit. Following the...
Kenya Power will receive a Sh40.8 billion ($300 million) interest-free loan from the World Bank to help it pay off debts, upgrade its dated transmission network,...
Hellen Chepkwony has been appointed by the Kenya Deposit Insurance Corporation (KDIC) Board of Directors to serve as the organization’s next CEO for a period of...
In February, wealthy Kenyans and businesses’ cash reserves almost reached $1 trillion due to a severe shortage that prevented the purchase of essential raw materials from...
The Nairobi Securities Exchange (NSE) saw a steady decline in foreign investor participation to a record low of 30.1 percent in March, trading shares worth Sh19.5...
The Retirement Benefits Authority (RBA) has given Enwealth Umbrella Fund approval to handle Tier 2 NSSF contributions from firms who choose not to contribute to the...