I do love the way that Business Daily Africa isn’t at panic stations just yet at the state of the Kenyan housing market. While They’re willing to admit that their forays into mortgage lending could leave some banks looking vulnerable, they don’t quite issue a red-flag warning to investors or shareholders. It’s almost as though [...]
Filed under: Business | Tagged: Banking, Economy, Finance, Kenya, Mortgages | Leave a Comment »
Maybe it’s because I read too much Dickens and have subliminally absorbed visions of being hauled away to the workhouse if I can’t make a payment, or maybe I live a freakishly frugal lifestyle, but an article in Business Daily Africa on increasing consumer debt in Kenya terrified me.
Who are these people who are using [...]
Filed under: Business, Work & Careers | Tagged: Banking, Consumer Credit, Credit Cards, Economy, Finance, Kenya | Leave a Comment »
Like lemmings inexorably following the rest of their herd over the edge of a cliff, Kenyan banks have decided that they want some of the toxic loan action that their western counterparts have been enjoying. According to Business Daily Africa, a number of banks are aiming to increase the size of their loan books as [...]
Filed under: Business | Tagged: Banking, Economy, Kenya, Lending, Loans | Leave a Comment »
Bank charges are still too high to make having an account a priority for most Kenyans.
Filed under: Business | Tagged: Banking, Economy, Finance | Leave a Comment »
Our earlier misgivings about microfinance may have been misplaced.
Filed under: Business, Small Business | Tagged: Banking, Economy, Funding, Microfinance | Leave a Comment »
