93 per cent of small and medium enterprises (SMEs) or about nine out of every 10 businesses have reported missing out on loan restructures offered by ...
Commercial banks have been put on the spot for resembling digital lenders by saddling Kenyans with exorbitant mobile loans. This is as the traditio...
KCB and NCBA backed Mshwari and Fuliza have been established as the most accessed mobile credit providers by Kenya’s small and medium enterprises (S...
Safaricom’s mobile money service M-Pesa has been tipped to weather the disruptive storm from the recently launched Facebook Inc. owned-WhatsApp Pay ...
It has now emerged that Kenyans tapped Ksh.140 billion from Safaricom’s overdraft service Fuliza in just under nine months of operations. The inc...
Safaricom has announced a 14.4% rise in net profit for the first half of the year to September 30, 2019. CEO Michael Joseph said the company's net ...
A month ago, the internet was awash with information. Listed Telco Safaricom Plc had appointed a new CEO and a Kenyan at that! Peter Ndegwa’s por...
Fuliza is a service offered by Safaricom that enables users to complete their financial transactions even when they do not have enough money in their ...
The English Premier League (EPL) topped the Google Search trends in the August search queries; with Liverpool vs Arsenal and Manchester United vs Chel...
KCB Group has announced a five percent growth in earnings for the first six months of the year to Ksh.12.7 billion. The marginal growth, which howe...
A man was on Monday arraigned in court for allegedly stealing a phone and using it to borrow over Ksh.150,000 from different financial institutions. ...
Kenya’s Safaricom will start a joint venture with Vodacom to acquire the intellectual property rights to the popular M-Pesa mobile financial service...
Kelvin Ochieng sits on the edges of a sports apparel stall, off Suna Road Nairobi, sheltered from the striking sun beams on this unceremonious bright ...
Safaricom’s Board has remained mum on the appointment of a new Chief Executive Officer despite Bob Collymore announcing intentions to step down. ...
Kenya’s largest telco-operator by size Safaricom will pay out a special dividend to shareholders following its record year of profit making in what ...
By Reginald Kadzutu There has been a proliferation of easy loan products and use of digital credit in the Kenyan market riding on the pervasivenes...
Digital disruption in finance has re-opened the Pandora’s Box allowing for the slow but sure resurgence of expensive loan culture in the Kenyan econ...
The Kenya Commercial Bank (KCB) Group has announced a 22 percent growth in profits for the year ending December 31, 2018 to Ksh.24billion. This of...
Safaricom notched up one million users for its new overdraft feature on the M-Pesa platform in just eight days, surpassing its CEO’s expectations, h...