Mobile loans in Kenya
![Capturing market share will be a tall-order for Telkom, whose mobile money service T-Kash commands a mere 0.1% of the market according to CBK data. [Photo/ TechArena]](https://businesstoday.co.ke/wp-content/uploads/2022/06/images-2022-06-27T114817.508.jpeg)
Telkom Challenges M-Shwari Dominance With New Mobile Loans
Telkom is set to venture into mobile lending as the loss-making telco turns to new revenue streams to achieve profitability. The service will...
MARTIN SIELE2 Mins read
Safaricom’s New 5% Loan Offer – All the Details of Halal Pesa
Safaricom on Wednesday, March 30 unveiled its first Sharia-compliant mobile loan, offered in partnership with Gulf African Bank. Known as Halal Pesa, the...
MARTIN SIELE1 Mins read
Govt to Help Pay Mobile Loans for Defaulting SMEs
Small and medium-sized businesses in Kenya will have their mobile and sacco loans guaranteed by the Treasury in a move meant to boost...
MARTIN SIELE2 Mins read
What New Mobile Loans Bill Means For You
The National Assembly Finance and Planning Committee has approved the state-backed Central Bank Amendment Bill 2021, a proposed law which seeks to bring...
MARTIN SIELE2 Mins read
![Among other things, digital lenders have been accused of exploitative lending, debt shaming, money laundering and illegal mining of private customer data. [Photo/ Cathryn Virginia | NBC News]](https://businesstoday.co.ke/wp-content/uploads/2021/07/earnin.jpg)
Digital Loans to Flow Once Again as CBK Backs Apps’ Return to CRBs
Central Bank of Kenya (CBK) Governor Patrick Njoroge has called for digital lenders to be allowed to resume reporting loan defaults to Credit...
MARTIN SIELE2 Mins read
End of an Era? Loan Apps in Kenya Face Closure Over New Bill
The government-backed Central Bank of Kenya (CBK) Amendment Bill of 2020 has continued to chug along in Parliament, proposing a raft of far-reaching...
MARTIN SIELE2 Mins read
Easy Mobile Loans Return to Haunt Kenyans With Huge Debts
Kenyans owed mobile lenders Ksh60 billion as of December 2018, exposing the penchant for easy and quick money harboured by the working and...
Samuel Gitonga1 Mins read
