Cyber attackers stealing millions from small businesses
SMBs share a similar technology adoption trend to SACCOs exposing them to Cybersecurity threats that are detrimental to their growing ...
Tag: Central Bank of Kenya
Banks can leverage technology to rebuild, maintain healthy credit portfolio
Yet for SME and corporate lending, credit decisions remain an extended process as information is gathered manually and appraised over, ...
East African Trends: Tough balancing act for regional currencies
East African countries have had a tough balancing act in 2020 as the Covid-19 situation oscillated from good to bad over and ...
Africa wiggles out of used clothes AGOA deal
In Africa’s metropolises, you don’t have to be rich to wear Gucci Armani or Prada, no sir, it is common ...
Kenya National Debt now over half of GDP
Kenya is heavily in debt; granted it is not the only East African country to find itself neck deep in ...
Agribusiness: Lessons from Kenya’s cash crop rehab initiative
Once upon a time in Kenya, tea and coffee were the big players, the rulers of the country's agribusiness the ...
Flagged transaction grants Absa bank in Kenya the CBK’s rod
Central Bank of Kenya has cracked the whip against the Absa Bank in Kenya for failure to conduct proper tracing ...
Expanding frontiers: Investing in Tanzania’s construction sector
The construction industry in Tanzania contributed an average of 13.6% to Tanzania’s GDP over the last two years representing a whopping USD6billion. The government of Tanzania ...
Micro financing out of poverty
Micro financing is the go to solution for small businesses as banks tighten lending conditions to stifle Non Performing Loans ...
Tanzania: Central Bank issues stimulus, banks increase lending
In the backdrop of Tanzania’s Central Bank announcing a stimulus package for commercial banks, loans advanced by banks have shot ...
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