You are either the source or the target
Micro-financier Mwananchi Credit has accused its competitors of sponsoring a smear campaign in the media, with allegations of predatory lending. In a statement, Mwananchi Credit said that it lends people according to their risk factor with lower risk getting lower rates and higher risk being commensurately weighed. “Reference is made […]
Prostitution, alcohol abuse, drug abuse, and all manner of ills seems to have gripped our society. Sometimes last December (2020) a friend invited me to help do research on a matter related to business and social groups. So in one session, we spent some time walking around the central business […]
The money markets remained liquid during the week, with the average interbank rate increasing marginally to 2.7 percent, from 2.6 percent recorded the previous week, mainly supported by government payments. The average interbank volumes declined by 11.7 percent to 11.1 billion shillings, from 12.6 billion shillings recorded the previous week. […]
The financial woes facing Kenya Airways seem to be far from being over. As the once vibrant airline continues to register one major loss after another, its CEO now says that it needs at least 50 billion shillings to survive. Allan Kilavuka, the CEO of Kenya Airways said that the […]
There was a high demand for the months bond offers as the overall subscription rate for the three bonds was at 163. percent, the government received bids worth 81.7 billion shillings, higher than the 50.0 billion shillings offered. The three re-opened auctions were, FXD2/2010/15, FXD1/2020/15, and FXD1/2011/20 with fixed coupons […]
