Tala establishes Kshs. 1 million grant for MSMEs affected by covid
According to Tala, the grant will support Micro, Smalll Medium Enterprises which have been adversely affected by COVID-19 fallout and put them on a recovery...
loan
NCBA pools housing solutions for potential home buyers
NCBA Bank has rolled out EasyBuild, a platform to provide potential home buyers with a one stop shop for all construction solutions. The lender says...
Saccos restructured loans worth Kshs 7.7 billion in 2020
Saccos have had to restructure loans worth 7.7 billion shillings as Covid-19 disruptions affected the ability of borrowers to service loans. The Cooperative Alliance of...
IMF backs Attorney General’s plans to unearth owners of shadowy firms
Plans by the Attorney General Kihara Kariuki to have companies submit a copy of beneficial owners register has been commended by the International Monetary Fund...
Kenya to receives first IMF disbursement amounting to Kshs. 43.9B
Kenya is expected to receive Kshs. 43.9 billion ($410 million) from the International Monetary Fund (IMF) as part of the package agreed in April to...
Demand for housing raises loan advances
Demand for residential and non-residential housing has resulted in a 4.8 percent increase in loan advances to the sector which stood at 109.9 billion shillings...
Man U to let go of Schweinsteiger
By KBC Reporter English Premier League side Manchester United are inviting offers for midfielder Bastian Schweinsteiger. After an injury-hit and underwhelming debut season at Old...