Banks Restructure Loans to Enterprises worth KSh 234.7 Billion Central Bank
A total of 72,559 micro, small and medium-sized enterprises(MSME) loan facilities in the banking industry valued at Sh 234.7 billion were restructured in 2020, says the Central Bank of Kenya [...]
Money Saving Tips When Buying A Family Car And Where To Buy
Your family is growing. It’s time to upgrade your car and find something more suitable to safely move around. A family car needs to be first and foremost safe. The [...]
Absa Kenya Launches Asset Management Unit
Absa Kenya has officially launched the Absa Asset Management Limited, a wholly-owned subsidiary that will offer wealth and asset management, as it eyes a piece of the lucrative KSh 1.3 [...]Respite for Borrowers as CBK Extends Loan Restructuring to June 2021
The Central Bank of Kenya ( CBK) announced that it has extended loan restructuring by commercial banks to cover loans that were performing as of March 2 2020, but were [...]How to Cancel or Replace Money Orders
At some point, you might have to cancel a money order you purchased or replace one that you lost. The following is some information on how you can do that. [...]MoneyWise Partners With Africa's Pocket on Investable Personal Finance Course
Investment banker Rina Hicks through her MoneyWise brand has unveiled a new adult financial-education course dubbed #Investable which aims to enhance participants’ knowledge and skills related to their own personal [...]Announcing Hisa App Public Beta Launch
Nairobi, 16th Feb 2021; We’re are excited to announce the public beta launch of Hisa App. Since December, we ran a successful private beta thanks to our early users for their [...]
How To Make Money Trading Derivatives In Kenya
In the complex world of trading financial markets, nothing is always guaranteed. Prices rise and fall depending on investor sentiment, and money changes hands several times each second every day. [...]
Kenyan Lenders Restructured 54.2% of the Banking Sector Loan Book in 2020
Kenyan banks restructured loans amounting to KSh1.63 trillion, equivalent to 54.2% of the total banking sector loan book by the end of December 2020 according to the Central Bank of [...]
Investing 101; A Beginner’s Guide for 2021 with Rina Hicks
I had the opportunity to speak to Rina Hicks, who is a is a director at Faida Investment Bank, a personal finance coach and Founder of MoneyWise Kenya. In this [...]Kenya's Parliament nods Bill to hike VAT, Individual and Corporate tax in 2021
Kenya's parliament has approved the Treasury's recommendations to increase Value Added Tax (VAT), Individual income tax, and corporate tax, signalling tough times in the new year for households and businesses. [...]Podcast; Equiti Capital CEO Brian Myers Talks Online Trading in Africa
Once in a lifetime, there are events known as Black Swans that accelerate the changes to the society both from a cultural and business standpoint to the point where we [...]
