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Equitel registers fast growth in loan disbursements
Equity Group’s mobile money platform Equitel has recorded a 6,470 per cent growth in loan disbursements since its launch in…
Browsing: Finance
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Safety nets key to entrepreneurism
The Jubilee government is big on entrepreneurship. We have a women’s fund for women entrepreneurs. On the President’s website, many…
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KCB-MPesa loans hit over Sh25 million daily
Kenyans are borrowing between 25 and 30 million daily through the mobile-based KCB-Mpesa credit line, Safaricom and Kenya Commercial Bank…
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Treasury to fill financial hole with Sh25 billion bond issue
The National Treasury is planning to issue a 10-year bond to raise Sh25 billion for the purposes of financing the…
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Fiscal deficits, politics raise Kenya’s credit risk
Kenya’s credit worthiness is facing a possible downgrade in the next one year due to a rising budget deficit and…
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Brexit may hit FDIs hard, says CBK boss
Kenya’s Foreign Direct Investments will be the hardest hit by the exit of Britain from the 28-member European Union in…
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KCB, Equity most attractive to investors – report
Top-tier lenders KCB, Equity, Co-operative and Barclays topped list of best stocks for investors in the January to March period…
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Pan-African lender Ecobank may close some operations
Ecobank is reviewing its expansion strategy following a decline in profits and may pull out of some African countries to…
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CS Rotich to table Budget estimates
Treasury Cabinet Secretary Henry Rotich will on Wednesday present the 2016-17 national Budget statement. Rotich has defied ceilings MPs set…
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NSE seeks powers to rein in rogue firms
By Titus Mbithi Nairobi Securities Exchange is seeking delegated powers to penalise public companies involved in corporate governance malpractices. The…