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Tuesday, January 28, 2020

UAP Old Mutual merger starts bearing fruit

UAP old Mutual has reduced its exposures by Sh1 billion by cutting off 100 high-risk accounts according to Group CEO Peter Mwangi. This helped the firm secure an impressive 46.5 percent in net margin growth...

How big bad borrowers like Kenya Airways continue to bleed lenders

Asset financing bank NIC Bank lent Kenya Airways an additional Sh1.6 billion to increase its exposure to the struggling airline. NIC Bank boss John Gachora said the additional lending was part of a combined effort...
overdaft

Everyone needs a financial lift at some point

Damning statistics indicate that in Kenya, a majority of small businesses don’t get to celebrate their second birthdays. While a good number of those that do, are usually packing up by their...
Digifarm Makueni

An over reliance on rain fed agriculture is hurting farmers in Makueni, but there’s...

About twenty-five kilometers off a road intersection at Emali in Makueni County lays kwakakulu village. There, Mr. John Ndisu, a green gram farmer gracefully winnows his bowl to separate the good grain from the chaff. This...
NSE derivatives

Turnover jumps 38 percent on Tuesdays trading at the NSE

The market turnover at the Nairobi Securities Exchange (NSE) surged 38 percent on Tuesdays trading to close the day at Sh286million, up from the Sh207million traded on Monday. Here is a market wrap for Tuesday’s...

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