Saudi-Iran spat keeps local, foreign investors on toes
International investors have their eyes cautiously traded on the Saudi-Iran conflict with fears that it could boil over into oil and the stock market crunch.
By Morris Aron 8 years ago
Saudi-Iran spat keeps local, foreign investors on toes
High interest charges bring mortgage business to a standstill
Uncertainty over high interest charges has brought mortgage business to a standstill as customers shy away from loans to service their dream homes.
By Morris Aron 9 years ago
High interest charges bring mortgage business to a standstill
Kenyans brace for tougher times as shilling touches Sh106 against dollar
Prepare for further weakening of the Kenyan shilling in the next two-three months despite Central Bank of Kenya’s tight monetary stance, latest confidential banking industry insight report on foreign exchange and interest rates trends warns.
By Morris Aron 9 years ago
Kenyans brace for tougher times as shilling touches Sh106 against dollar
Shoppers stare at price increases as shilling jitters continue
Retail chains are revising upwards the price of commodities they stock and scaling back on expansion plans as the effects of the changing cost of credit and the weakening shilling begins to bite.
By Morris Aron 9 years ago
Shoppers stare at price increases as shilling jitters continue
Tough times loom for bank loan borrowers
If you have a personal loan, car loan, mortgage or use a credit card, life is about to get harder as interest rates increase between now and September 1.
By MORRIS ARON 9 years ago
Tough times loom for bank loan borrowers
Kenya largely 'safe' in global economic slowdown
Kenya’s economy will largely remain unaffected by the recent economic growth downgrade by the International Monetary Fund which placed China at its slowest growth rate in 24 years.
By MORRIS ARON 9 years ago
Kenya largely 'safe' in global economic slowdown
CBK exerts pressure on banks to cut lending rates
The Central Bank of Kenya’s decision to maintain the central bank rate and lower a key figure used by banks to determine interest rates is a calculated move to tackle inflation, the local unit and cost of credit in the short to medium term.
By MORRIS ARON 9 years ago
CBK exerts pressure on banks to cut lending rates
Promise of jobs abroad as youth become restless
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