IMF loans,world bank loans Stories
World Bank Country Director for Kenya, Qimiao Fan, emphasised that the sustainability of Kenya’s debt should not be judged only by the current numbers...
The recovery follows a joint effort with Civil Registration Services, which enabled more efficient verification of death records.
HELB said applicants who registered using their KCSE index number must now revise their account details by adding their national ID number and first n...
Fringe benefits tax applies to employees, directors, or their relatives who receive welfare perks such as low-interest loans from their employers. The...
Despite their current challenges, most respondents said they do not intend to default permanently, expressing fear of being blacklisted by the Credit...
HELB argues that the current budget barely supports university and TVET students, and that including additional beneficiaries would require new fundin...
Hiding apps can offer greater privacy, organisation, and peace of mind, especially for those sharing devices with children or co-workers.
In the notice, HELB emphasised inclusivity by reiterating the urgency and commitment to supporting students from all backgrounds.
The move follows a series of benchmark rate cuts by CBK over the past year and a half, including the latest reduction in June, which brought the Centr...
The CBK survey shows a significant shift in farmers’ borrowing habits, with more now opting for commercial banks and digital loan platforms to fund th...
President William Ruto urged parents to insist on paying fees digitally, hailing schools that have adopted the platform as champions of accountability...
According to the Auditor General’s report, of the Sh22.96 billion allocated to the Hustler Fund in the 2022/2023 budget, only Sh12 billion was spent.
The Auditor General’s report has exposed major gaps in the management of the fund, showing the State Department for Cooperatives only spent Sh12 billi...
According to KMTC Chief Executive Officer, Dr Kelly Oluoch, the HELB portal is now open for applications and urged eligible students to apply before t...
According to HELB CEO Geoffrey Monari, accountants top the list of non-payment, with only 11 per cent of the active ones repaying their loans. Out of...
Managing director Phillip Mainga on Tuesday announced that Kenya has already assumed close to full operations of the SGR and is now focusing on empowe...
According to the CBK, the ratio of non-performing loans (NPLs), those unpaid for over 90 days, rose to 17.6 per cent by June 2025, up from 17.4 per ce...
Data from the State Department for Micro, Small, and Medium Enterprises (MSMEs) released in September shows more than 50 per cent of Hustler Fund borr...
Helb CEO Geoffrey Monari warned that the Sh35 billion in defaults could have been enough to fund at least 289,000 university and college students for...
By the end of April, the outstanding inclusive loans issued to micro and small enterprises reached about 4.77 trillion US dollars, up 11.9 per cent ye...
HELB CEO Geoffrey Monari warned that rising loan defaults threaten the sustainability of the fund, which for the last 27 years has supported students...
Auditor General Nancy Gathungu told MPs that there was no proof the borrowers were untraceable or incapable of repayment, raising concerns about trans...
In a statement on Thursday, CBK said the approvals are part of an ongoing review of over 700 applications it has received since March 2022.
The government now plans to borrow Sh591.9 billion from the local credit market to bridge a Sh876.1 billion budget deficit in the financial year start...
According to Afreximbank's 2025 report on the state of debt burdens, a major external influence behind this shift is the changing economic policy envi...
The State Department for Immigration and Citizen Service said this will help students avoid delays in accessing tertiary education, job opportunities,...
The drive will help students avoid delays in accessing tertiary education, job opportunities, and financial support such as HELB loans after completin...
The opportunity is also open to students who either missed the initial application or were unsuccessful in their first attempt, allowing them to submi...
The CBK survey revealed that banks plan to ramp up loan recovery efforts in eight of the 11 economic sectors and maintain the current pace in the rema...
Although more counties are releasing additional budget reports, the quality and comprehensiveness of these reports are not keeping pace.
