Friends mourn seasoned hiker Cheruiyot Kirui after Sh7m ill-fated Mt Everest hike
Kirui went missing above 8,000 metres on Wednesday as he attempted to summit Mount Everest.
Source: nation.africa
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Margins on bank loans fall as deposit rates increase
Interest margins from loans have narrowed as commercial banks offer higher returns on fixed deposit accounts.
Source: businessdailyafrica.com
How Kenyan designer stitched a fashion line fit for financiers
Living in Accra (Ghana) and Abuja (Nigeria) was a light bulb moment for her. There she saw an entire industry hinged on just fashion.
Source: businessdailyafrica.com
Banks stuck with Sh330bn of Covid-19 restructured loans
Commercial banks are still holding Sh330.9 billion worth of restructured loans on their books two years since Covid-19 relief measures.
Source: businessdailyafrica.com
How Kenyan banks are pricing their loans
Since 2014, Kenyan banks have been using the annual percentage rate (APR) pricing mechanism to show borrowers how much their loans will cost.
Source: businessdailyafrica.com