The National Assembly Public Investments Committee on Governance and Education has raised concerns over financial management in Kenya’s national schools.
The government paid Sh7.65 billion in commitment fees on undisbursed external loans over five years.
For an economy struggling not only to create new jobs but also to improve incomes, the solace for many has been digital loans. And, for this reason, the digital lending business has thrived
Loans
Kimisitu DT Sacco in partnership with Kenya Mortgage Refinance Company (KMRC) has unveiled an affordable mortgage products to support its members towards homeownership.
Kenyan commercial banks are in talks with US technology firm IronOne Technologies to deploy an AI platform designed to predict borrower defaults up to six months in advance.