Author: Steven Umidha

Banks fund Greenlight Planet in Sh8b deal deal

Reading Time: < 1 minute Off-grid solar provider Greenlight Planet yesterday unveiled a $75 million (Sh8.3 billion) facility from a consortium of lenders to finance […]

Insurers to pay Sh1.3b Covid-19 virus claims

Reading Time: 2 minutes Insurers offering medical covers for treatment of Covid-19 paid claims worth Sh1.3 billion between March 2020 and June 2021 during […]

Survey: Digital credit demand set to jump in post-Covid era

Reading Time: 2 minutes Digital lending is projected to emerge stronger in the post pandemic era, according to Digital Lenders Association of Kenya (DLAK). […]

House told to defend voters by oversighting public debt

Reading Time: 3 minutes Lawmakers have been challenged to “set the bar for transparency and more openness” to help address Kenya’s soaring public debt […]

Kenya’s pension industry tp hit Sh1.5 trillion by October

Reading Time: 2 minutes Kenya’s retirement assets could soar to Sh1.5 trillion by end of October 2021 from Sh1.48 trillion the industry held as […]

Lenders are on recovery path – report

Reading Time: 2 minutes Kenyan banks expect the sector to bounce back in two years despite  concerns of non-performing loans, subdued demand and increasing […]

New business growth picks up in August, survey shows

Reading Time: 2 minutes Kenya’s private sector activity improved for a fourth straight month in August as firms saw a faster expansion in new […]

Donkey owners petition the President to close abattoirs

Reading Time: 2 minutes Donkey-owning communities from 28 counties has called on the government to end donkey slaughtering in the country – arguing that […]