Car loans default by MCAs costing Kenyans millions

Reading Time: 4 minutes Taxpayers are losing millions of shillings as many Ward Reps default on car loans and mortgages issued to them from […]

Borrowers face higher cost of loans

Reading Time: 2 minutes Loans and mortgages for Kenyans will be more costlier from January, when commercial banks for the second time adjust their […]

Central Bank should refrain from raising cost of loans

Reading Time: 3 minutes Central Bank’s Monetary Policy Committee (MPC) is expected to meet in about eight days, with indicators pointing to a possible […]

State to pay Sh72b for KQ loans

Reading Time: 2 minutes Kenya Airways will have gobbled up Sh72.2billion as interest payments for guaranteed loans by the financial year 2025/2026 if the […]

Auditor warns on Arror, Kimwarer loans

Reading Time: 3 minutes Kenya risks penalties for defaulting on servicing three loans amounting to Sh5.2 billion advanced by an international commercial bank to […]

Shofco members count their blessings

Reading Time: < 1 minute Saccos continue to become more popular, especially with people who have had very few successs when it comes to acquiring […]

Top financial pitfalls that we must avoid

Reading Time: 3 minutes By Liz Nkukuu It is Chris Rock who said that wealth is not about having a lot of money; it’s […]

Factors to consider before taking a loan

Reading Time: 4 minutes By Elizabeth Nkukuu A lot has been said about debt and some of us have some bad stories when it […]

Financing debt with overdrafts hurting Kenyans

Reading Time: < 1 minute The government has been urged to set aside a sinking fund to service ballooning public debt lest the country risks […]

Shylocks leave a trail of tears, misery, shame

Reading Time: 6 minutes Nyaboga Kiage In William Shakespeare’s play, The Merchant of Venice, Shylock, who is a fictional character, lends money to his […]