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MARKETS

Sh200M Funding Boost For Affordable Private Schools

Ed Partners is targeting affordable private schools that provide education to the low-income population and charge school fees of between $150 (Ksh16,000) and $500 (Ksh54,000) per year. Additionally, these schools are looking for loans of between $2,000 (Ksh200,000) and $70,000 (Ksh7 million) payable up to six years. Ed Partners CEO Amos Mwangi said the company is focusing on Kenya’s affordable private school sector, which is typically starved of credit by mainstream lenders.

Markets Regulator Wades Into Cytonn Investments Saga

Cytonn Investments Saga: In line with its investor protection mandate, the Capital Markets Authority (CMA) has cautioned investors against investing through unlicensed and unapproved entities....

Kenya Raises Ksh108 Billion in Fresh Eurobond, Eyes More Debt

The bond was over-subscribed with over Ksh582 billion (USD 5.4 billion) offered by investors. The raise followed a 3-day virtual Eurobond roadshow where Kenya's delegation included Treasury Cabinet Secretary Ukur Yattani and Central Bank of Kenya (CBK) Governor Patrick Njoroge.

Micro-Finance Lender Plans Nationwide Rollout

Mwananchi Credit Limited has announced an ambitious plan for a nationwide branch rollout to widen credit access to thousands of Kenyans especially in the...

What To Expect When You Settle Debts

Managing Debt: Until you learned about debt settlement, you had zero idea what you were going to do to relieve yourself of all that...

Africa Drives Growth as Luno Hits 8 Million Customers

Speaking on Luno’s thriving traction in Africa, Marius Reitz, Luno’s General Manager for Africa, commented: “Across Africa, we’re witnessing a huge wave of retail investors step into the crypto market for the first time and that’s potentially due to easier access or the lower minimums required to purchase crypto."

Hackers Issue Illegal Approvals After Breaching NMS System

They targeted the system's Quick Response (QR) code, part of the e-construction development plans application system. With the digitally signed approvals, developers do not require hard copies with stamps as evidence of the city's permission.

5 Ways To Earn Good Money From Eighth Acre Plot

Many people get surprised by the practical applications of raw land, but there is a vast world of opportunity out there for those seeking to become landowners. This post covers some of the simplest and most common ways to put raw land into profitable use. This will help you understand how versatile and profitable it can be and spark interest in the various ways that land can be used.
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