Foreign investors snap up 5 local microfinance banks
Loss-making microfinance banks (MFBs) have given foreign investors who want to tap into Kenya’s lucrative financial sector a major window for entry.
Source: businessdailyafrica.com
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LOLC Holdings to open four Key Microfinance outlets
Key Microfinance plans four new branches as the lender rebrands to LOLC Kenya Microfinance following acquisition by LOLC Holdings Plc.
Source: businessdailyafrica.com
Election crystal ball that is splitting investors
Survey says firms are concerned that business performance will be affected by increased political activity.
Source: standardmedia.co.ke
Election crystal ball that is splitting investors
Kenya's Bold Newspaper. Find the latest news in politics, business, entertainment, sports, live radio and TV
Source: standardmedia.co.ke
Microfinance banks bet on buyouts to shore up businesses
Five out of the 14 microfinance banks licensed by the Central Bank of Kenya are being acquired by foreign firms.
Source: standardmedia.co.ke