Kenya Union of Saving and Credit Cooperatives Stories
The five officials were arrested last Thursday in connection with a major financial scandal at KUSCCO, a key institution for savings and credit cooper...
President Ruto said the proposed agency would complement international credit rating agencies by filling data and analytical gaps.
The forensic audit conducted by PricewaterhouseCoopers highlighted non-performing loans and large-scale theft that have left the institution on the br...
The initiative will ensure that the country aligns with international standards, allowing Kenyan research findings and medical results to be recognise...
These saccos are said to have met the necessary regulatory requirements and are authorised to operate from January 1, 2025, to December 31, 2025.
Critics are questioning whether external observers and global investors truly understood Kenya’s realities.
According to data from the CBK, the total amount of money circulating in the economy dropped by half, marking a significant downturn in Kenya's financ...
China received more in debt payments than multilateral lenders, including the World Bank and the African Development Bank.
Directline had written to the IRA listing the directors including SK Macharia's wife as a shareholder.
Principal repayments exceeded Sh500 billion in the past year alone, highlighting Kenya's growing debt burden.
Even though Africa contributes little to global emissions, it is already facing severe effects of climate change, like more droughts, floods, and risi...
Dubbed ‘Operation Serengeti,’ the operation focused on dismantling criminal networks exploiting banking systems and engaging in fraudulent activities.
The agreement hinged on ensuring credibility in the system so it can reliably lead to reductions in greenhouse gas emissions driving climate change.
The Bill proposes the removal of definitions such as digital channel, digital credit, digital credit business, and digital credit provider from the Ce...
The COP29 talks begin on November 11, 2024, in Baku, Azerbaijan.
Experts argue that the venture is often appealing because it typically comes with lower or no interest rates compared to formal loans from banks.
The move brings to 85 the total number of licensed digital credit providers in the country.
The update, which delves into the bottlenecks currently impeding the growth prospects of the market, says the projected extended timelines are due to...
Gross loans decreased by 1.0 per cent from Sh4.1 trillion in March 2024, to Sh4.04 trillion in June 2024.
"Maybe it was my style of leadership and I will take the same style to Environment. I had the same style in Parliament," Duale affirmed.
