Kenya has been spurred to moderate moves on domestic debt accumulation to break the rising total public debt that has since grown to Sh8.7 trillion. The...
Digital lender Zenka Digital has announced a partial write-off of past interests due owed by customers across its entire loan portfolio. The move will see a...
The Central Bank of Kenya (CBK) has entered into an arrangement with Google in a move that will see unregistered mobile loan apps removed from Google...
Drought-stricken counties Marsabit, Garissa, Samburu and Isiolo have the highest proportion of borrowers defaulting on credit, including dues owed to shopkeepers and shylocks. The amounts of...
Popular Toyota car models including Probox, Succeed, Passo and Fielder dominate the list of an estimated 443 vehicles set to be auctioned by the Kenya Revenue...
The Kenya Commercial Bank (KCB) yesterday reopened the auction of Nyeri’s exemplary White Rhino Hotel over a Sh670 million debt after the High Court dismissed an...
The Central Bank of Kenya (CBK) has initiated fresh steps to curb abuse of the Credit Reference Bureau (CRB) blacklists. The banking regulator said it was...
Commercial banks are now charging large companies higher interest rates on loans compared to start-ups and individual borrowers, new data from the Central Bank of Kenya...
At least five top managers of the troubled Metropolitan National Sacco Ltd have resigned to pave the way for deeper investigations after a government audit revealed...
Kenya Airways (KQ) has observed that a planned strike by pilots will cost the national carrier Sh300 million a day, while insisting that the move is...