2020

By CW Correspondent At least four in every 10 employees working from home due to the coronavirus say their productivity level has reduced. A survey conducted by US-based QuickBooks shows approximately 40 per cent of workers say they are…
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By CW WriterThe Central Bank of Kenya has announal ced lowering the interest policy rate further to 7%, the lowest level in nine years, seeking to ease monetary controls and boost credit levels in the economy.This is the fourth…
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By CW Correspondent The Central Bank of Kenya (CBK) says it is working with member banks on a scheme to cushion micro, small and medium enterprises (MSMEs) against shocks arising from the Covid-19 pandemic. According to the reserve…
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By CW CorrespondentMenengai Oil Refineries Limited (MORL) has announced plans to step up the production of soap and hand sanitizers to ensure that there is enough to supply the whole country during this trying period of the Novel…
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Ecobank Kenya Limited has today donated KES 10 million towards the fight of the spread and impact of the Coronavirus in Kenya. The money will be channeled through the recently formed Covid-19 Emergency Response Fund.Ecobank’s donation…
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By CW WriterA digital application to help Saccos continue with their operations in the face of the outbreak of the Coronavirus pandemic has been launched.Digital banking platform Kwara announced the launch of Kwara Pronto digital…
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By Steve OtienoUse of mobile phones in making payments is expected to rise in the coming days after President Uhuru Kenyatta called on financial agencies to reduce transaction fees and encourage citizens to avoid handling physical cash in…
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By Steve UmidhaFor the past few years, Kenya’s fintech ecosystem has remained the apple of borrowers’ eyes, pouring millions of shillings in short-term loans and making it the hottest and probably the most insane investment activity in…
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