4 million Kenyans blacklisted for defaulting loans will be ejected from the negative listing by November 1 according to President William Ruto. President Ruto said lowering the cost of credit is part of multiple interventions to lower the cost of living. “We must think beyond financial inclusion to a more accessible and affordable credit model. Instead of blacklisting, we can have a graduated listing of borrowers based on how they have borrowed and how they have paid back,” he said. “This is a positive development for millions of Kenyans who are excluded from accessing credit. We have the largest opportunity…
Author: David Indeje
David Indeje
David Indeje is the Community Engagement Editor at Khusoko, East Africa’s leading digital business news platform. He shapes editorial content, drives audience engagement, and amplifies diverse voices. Beyond journalism, he consults on digital strategy across agriculture, governance, technology, and health, while examining AI’s role in the future of media. He also serves as Communications Officer at KICTANet, advancing digital inclusion and policy dialogue.
The architectural design promotes a healthy lifestyle with the green space allocation within the development to cater for social functions, meditation and play areas, jogging track and sports courtyards that can be used for basketball, tennis or football.
Kenya registered a growth of 6.7 per cent in 2021 after a 0.3 per cent contraction in 2020.
Home buyers enjoy the lowest mortgage rate of 11.75% in Kenya. Approval to be granted in 48 hrs.
Based on research, most riders seem unaware of the safety features available to them, which contributes to a lack of confidence in the app’s safety.
Chief Justice Martha Koome said the decision was unanimous.