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Digital lenders cut credit to Kenyans after CBK directive

NEWS

The micro-lenders say the blocking effected on April 14 last year, lowered the customer motivation to repay loans.

Digital lenders cut credit to Kenyans after CBK directive

By Patrick Alushula | 16 hours ago

Move over M-Shwari and KCB M-Pesa, Fuliza now the new lending king

Move over M-Shwari and KCB M-Pesa, Fuliza now the new lending king

It started with M-Kesho—the ill-fated product launched by the mobile service provider in partnership with Equity Bank in 2010.

Patrick Alushula | 2 days ago

Bank shareholders primed for bumper dividend payouts

Traditional dividend payers such as KCB, Equity, Co-operative Bank of Kenya, NCBA are all promising to distribute part of the profits to shareholders.

Patrick Alushula | 2 days ago

Kenya's foreign inflows dip to Sh56b on new ownership rules

Kenya’s FDI was spread into 36 projects and supported 2,000 jobs compared to Ethiopia which posted 11 projects and 1,000 jobs.

Patrick Alushula | 3 days ago

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