Kenyan banks have said that they will be forced to lock out about 40 per cent of new borrowers if the bill on capping interest rates is signed into law.
According to a statement by the Kenya Bankers Association, some...
The following opinion feature on capping Interest Rates in Kenya was first published in the Business Daily. It is written by Jaindi Kisero.
"I am taking the liberty to advise President Uhuru Kenyatta as he ponders whether or not we...
When building a house, it is important for you understand the stages a design goes through before it is implemented to avoid major changes that might result in delays, an increase in cost, and dissatisfaction during construction.
Normally, a developer conceives...
1). Mercedes-Benz E-Class
The Mercedes-Benz brand has recently placed amongst the top performers for reliability in J.D. Power’s VDS, and our expert research suggests that the popular E-Class Sedan and Wagon are great choices in a reliable used luxury model...
Standard Chartered Bank has reported a profit of Sh5.2 billion in the six months ended June, up from Sh3.8 billion in a similar period last year.
This came as the bank announced that it had turned to buying government securities as...
Chase Bank has been given the green light to resume lending, four months after its reopening following a three-week closure that was caused by run on deposits.
The bank announced Wednesday morning that it has obtained approval from regulator Central...
Co-operative Bank of Kenya has recorded an 18.7 per cent jump in net earnings for the six months to June on higher interest income.
The bank posted a net profit of Sh. 7.41 billion, from the Sh. 6.24 billion recorded in the same period...
Dry period in diary production refers to the 50 to 60 days when a lactating but pregnant cow is given a break from milking prior to next calving down.
During this period milking is stopped and the cow given special...
The piston rings in your car's engine are responsible for controlling oil pressure and regulating engine oil consumption. Worn or damaged engine rings will usually lead to a myriad of problems, and will require an engine repair. Here are...
Family Bank’s net profit for the six months to June has dropped 39.8 per cent to Sh711.5 million as higher operating expenses dampened the positive earnings from interest income.
The bank closed the period with operating expenses of Sh3.81 billion,...
