The new rates, effective October 1, will see customers borrowing KES500-1000 pay a daily interest charge of KES6 down from KES10.
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
Ethiopian Airlines also owns 45% of Zambia Airways, 49% of Guinea Airways, 100% of Ethiopia-Mozambique Airlines, 49% of Chad Airlines, and 49% of Air Malawi.
The National Treasury has met 17.40% of its net domestic target for the FY2022/23 compared to 39.10% at the same time in the FY2021/22.
This is the third time Shelter Afrique has extended a line of credit to MSD since 2016.
Shareholders of KCB Group have approved the proposed acquisition of the DRC-based lender Trust Merchant Bank SA (TMB). At the Extra Ordinary General Meeting (EGM) shareholders gave their nod to enable the bank to accelerate the acquisition process. “The approval of the transaction demonstrates the confidence our shareholders have in the financial and strategic benefits of the transaction and the value it provides our regional clients and communities,” said KCB Group CEO Paul Russo. “The transaction is expected to close before the end of the year, subject to regulatory approvals and other customary closing conditions.” The deal will see KCB…
An authorized securities dealer is a person authorized to deal in securities and operate in a specified market segment as may be prescribed by the Authority.