debts

6 Articles
Person holding Kenyan bank notes
BUSINESS

Rising Living Costs Push Kenyans into Debt for Basics

A recent Financial Wellness Monitor Report by Old Mutual has shown that an increasing number of Kenyan households are taking on debt simply...

Nakumatt
BUSINESS

StanChart Targets Nakumatt Land Over Unpaid Loans

Standard Chartered Bank Kenya has warned that it will begin selling off land tied to the failed supermarket chain Nakumatt unless the company’s...

Mumias Sugar factory
FEATURED ARTICLE

Mumias Sugar sinks further into negative territory after posting Sh15b loss

Mumias Sugar Company has plunged further into negative territory after posting a Ksh 15.1 billion loss in the year ending June 2018, which...

SMART MONEY

6 Critical Signs You Are Living Large

At one point in our lives, we can all say we have lived beyond our means and we were able to recognise that...

FEATURED ARTICLE

How to avoid being broke in campus

Most of the time, university students misuse their finances mostly on things that are not worth it. They lack money management discipline. It...

FEATURED ARTICLE

Nakumatt warehouse taken over unpaid taxes

The Uganda Revenue Authority (URA) has taken control of Nakumatt Supermarkets main warehouse, seeking to recover $86,000 (Sh8.6 million) in unpaid taxes. Officials...