Nairobi, April 9 -- The competition watchdog has punished several banks for overcharging borrowers charges they had not disclosed during lending amid a growing number of Kenyans who are taking on the ... Read More
Nairobi, April 9 -- Millions of Kenyans using M-Pesa and other mobile money services could be earning interest on their deposits were it not for a 2014 law that blocked it, making Kenyans the only one... Read More
Nairobi, April 3 -- Fights over contract breaches dominate filings in the small claims courts (SCCs), new data shows, even as the Judiciary faces pressure to clear a backlog of cases that risk locking... Read More
Nairobi, April 2 -- A growing number of savings and credit cooperative societies (saccos) are blocking members from exiting and clinging to their deposits against their will, complaints filed with the... Read More
Nairobi, March 29 -- The government has reversed a decision to increase import duty from Sh2.5 million to Sh3 million for a container of goods, yielding to pressure from traders who had complained abo... Read More
Nairobi, March 29 -- Traders on digital platforms are on a watch list of law enforcement agents with the Competition Authority of Kenya (CAK) revealing that it has tapped investigators to pursue risin... Read More
Nairobi, March 28 -- The scale of domestic and external debts could have tilted in favour of the latter by January on the impact of a weak shilling and more borrowing from foreign sources. By the end... Read More
Nairobi, March 21 -- Two-thirds of Kenyans on permanent jobs are taking up side hustles to cope with the tough economic times, a new survey reveals. The survey by digital credit firm, Tala shows that... Read More
Nairobi, March 21 -- The government spent more than half a trillion shillings to service debts in the first two months of this year, even as it remains with a larger burden of repaying more than Sh700... Read More
Nairobi, March 20 -- About a third of Kenyans would exhaust their savings within a month of losing regular income with more finding it impossible to save in the difficult economic times. This is base... Read More