Topic: Loans
Kenyans brace for more expensive bank loans as CBK hikes its base lending rate
Jun 26, 2023 at 08:51 PM
Kenyans are bracing themselves for more expensive bank loans after the Central Bank of Kenya (CBK) increased its base lending rate from 9.5 per cent to 10.5 per cent....
World Bank set to expand its Kenya budget support loan to Sh129 billion
Mar 13, 2023 at 01:48 PM
Kenya expects to use the extra funding it is seeking from the Bretton Woods institution to plug the budget discrepancy in the 2022-2023 financial year that ends on June 30....
Hustler Fund will be obtained through online platforms, clarifies William Ruto
Nov 18, 2022 at 02:12 AM
President William Ruto has clarified the soon to be launched Hustler Fund, which seeks to foster financial inclusion, will be disbursed to the interested Kenyans via an online plat...
Hustler Fund: Kenyan ‘hustlers’ to be allowed to borrow Sh50,000 maximum
Nov 16, 2022 at 11:04 AM
Kenyans will be allowed to borrow a minimum of Sh500 and a maximum of Sh50,000 when President William Ruto’s Hustler Fund programme is officially launched on November 30....
Why Kenyans want “Dear IMF” to keep loans away from Uhuru
Apr 05, 2021 at 11:16 PM
IMF said the loan will be used by Kenya to support pandemic response, help reduce debt vulnerabilities, address weakness in state-owned enterprises and back anti-graft framework....
NCBA’s net profit dips to Sh4.6 billion
Mar 29, 2021 at 10:36 PM
NCBA’s full year net profit for the year 2020 dipped by 42 per cent to Sh4.6 billion as the bank raised its provisions for loan losses....
DP Ruto, who once strongly defended Govt borrowing, now changes tune
Feb 22, 2021 at 08:43 AM
DP Ruto, who once strongly defended Govt borrowing, now changes tune...
Kenyans borrowed Sh967 million daily through Fuliza during pandemic
Oct 06, 2020 at 06:38 AM
Kenyans borrowed Sh967 million daily through Fuliza during pandemic...
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