The new provisions aim to curb exploitative practices in the microfinance sector, offering enhanced safeguards for borrowers and guarantors.

Data from the National Treasury show this raised the total amount the government pays in interest to Sh622.5 billion, compared to Sh533.1 billion in t...

According to FSD, there were 62.2 million unique loans issued in 2023, up significantly from 37.8 million in 2019.

According to the 2023 Banking Supervision Report by the Central Bank, the deterioration in banks' asset quality is a 30 per cent jump compared to the...