All posts in Borrowing
‘Swiping’ to Pay for Chewing Gum – Coming Soon to a Kiosk Near You
You will soon be able “swipe” to pay for a packet of peanuts at your local Kiosk. Equity Bank is prospecting to tap the billions of shillings passing though kiosk and retail shops by introducing a system that will allow consumers to pay for goods without using cash.
Before You Rush for That Salary Advance
It’s the 14th of January 2013, approximately 17 days to the end of the month. For those of us who are already broke, that salary advance looks quite
CBK Lowers Key Lending Rate to 9.5%
The Central Bank Kenya 's Monetary Policy Committee has today announced a base lending rate of 150 basis points to 9.5% from the 11% rate set in November.In
I&M Bank Will Cut Lending Rate to 18%
I&M Bank will drop its lending rate by 1.5% to 18%. According to the privately-owned financial institution, the drop will take effect in February 2013. This comes shortly
M-Shwari vs Kopa Chapaa, The Bright Side
Financial services provision has in the last few years been a high scoring point for innovators and entrepreneurs all wanting to be part of the booming business. These
Kenya Projects GDP Growth at 5.2% in 2012
The Central Bank of Kenya (CBK) has projected that Kenya's real Gross Domestic Product (GDP) will expand by 5.2% with Monetary Policy focusing on achieving and maintaining low
Micro-Financiers Sign Credit Deal with Government
The government on Tuesday signed KES 600 million loan agreements with four Deposit Taking Microfinance institutions (DTMs). The funds given to the Kenyan government by the International Fund
CfC Stanbic Bank Will Cut Lending Rate to 17%
CfC Stanbic Bank will cut its lending rate to 17% from 19%, giving it one of the lowest lending rates of any bank in the country. The lender
KQ Msafiri Visa Credit Card, What it offers
Kenya Airways and Barclays Bank of Kenya recently relaunched a co-branded credit card dubbed KQ Msafiri Visa Credit Card. The KQ Msafiri Visa Credit Card holders will benefit
KCB Slashes Base Lending Rate
KCB Bank has announced that it will be reducing its base lending rate effective in the new year. In a public statement via the Group's twitter page, the



















