Repeal of interest cap law to spur economic growth

Society Repeal of interest cap law to spur economic growth Wednesday, November 27, 2019 22:00 By SCOTT BELLOWS Removal of the artificially low-interest-rate cap will oddly increase lending. FILE PHOTO | NMG  In November, we saw a sizable strengthening of the Kenya shilling against the US dollar, especially between November 1 and November 24. This Continue Reading

CBK gives Murang’a firm green light to offer banking services

Market News CBK gives Murang’a firm green light to offer banking services Wednesday, November 27, 2019 22:00 By JAMES KARIUKI CBK Governor Patrick Njoroge. FILE PHOTO | NMG  Murang’a construction-for-rental income firm Akuria Investments has received approval to launch a wholly-owned deposit-taking subsidiary, Muungano Micro-Finance Bank (MMFB). In a special Kenya Gazette notice, Central Bank Continue Reading

Technology’s role in making it easier for SMEs to do business

Ideas & Debate Technology’s role in making it easier for SMEs to do business Wednesday, November 27, 2019 22:00 By SOROMFE UZOMAH | Digital platforms are able to more quickly process and streamline administrative tasks, giving SMEs back precious time and money to focus on doing, and growing, business. FILE PHOTO | NMG  The 2020 Continue Reading