credit market Stories

Private sector credit slows to 4 per cent, shrinking Kenya's money supply
Maureen Kinyanjui  |  Jan 16, 2025

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...

High loan interest rates push more Kenyans to local credit arrangements
Alfred Onyango  |  Oct 29, 2024

Experts argue that the venture is often appealing because it typically comes with lower or no interest rates compared to formal loans from banks.

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