Newspaper Articles – Kenya
Kenya – Banks lend Treasury Sh625bn after rate caps
Commercial banks pumped more money into government securities in the year to December 2017, even as they tightened credit to private enterprises and individual customers, fresh industry data shows.
Kenya – IMF warns over Kenya’s new debts, wants rate cap abolished
The International Monetary Fund has warned that Kenya debt is approaching the unstainable levels following the rate at which new loans are being contracted.
Kenya – Low interest rates fail to excite borrowers
Kenyan banks are sitting on billions as Kenyans shun borrowing despite the interest rates being capped…
Kenya – Consistent upward trajectory in house prices
Details of the housing price index…
Kenya – interest rate cap to drive mortgage market
The housing market to set to reap big from lenders appetite for loans and Government policies, as country country gets into new interest capping regime…
Kenya – House prices up as apartments account for 60pc
house prices went up by 2.2 percent, with apartment sales being the key driver, a survey by the Bankers Association of Kenya shows.
Kenya_Cabinet scraps all construction levies to ease home costs
Cabinet has scrapped all construction levies by State agencies and counties in a fresh bid to lower the project costs…
Kenya_It a deal! TSC and Knut agree on pay.
Teachers struck a deal with their employers which will see the lowest paid teacher, earn a basic salary of Sh 21 000 up from Sh 16 679, from next year July…
Kenya_Metropol analysts say that capping rates will spur private sector lending
The capping of bank interest rates will spur lending to the private sector, raising output and job creation…
Kenya_Interest rate cap felt by Nairobi Stock Exchange
Q3 of the year has accounted for most of the Nairobi Stock Exchange bourse decline due to fall in Bank Shares…