Money

Money

Cheaper loans at Co-op as bank cuts its base lending rate to 14.5 percent

 The Co-operative Bank of Kenya has announced a cut in its base lending rate. The bank has announced that effective immediately, its base lending rate has been slashed from 16.5 per cent to 14.5 per cent. The bank becomes the first tier one commercial bank in the country to reduce its lending rates by such
Cheaper loans at Co-op as bank cuts its base lending rate to 14.5 percent first appeared on Bizna Kenya Read More

Read More
Money

DTB to repossess 20 Ashok trucks from contractor over Sh. 101mn debt

 The Diamond Trust Bank is repossessing 20 Ashok trucks from a contractor who defaulted a Sh. 58 million loan that has ballooned to Sh. 101 million. This is after the High Court made a ruling in favour of the bank on February 3, 2025. DTB had told the court that it entered into a financing
DTB to repossess 20 Ashok trucks from contractor over Sh. 101mn debt first appeared on Bizna Kenya Read More

Read More
Money

Trucks to face mandatory use of Nairobi–Mombasa Usahihi Expressway

 Heavy commercial vehicles will be compelled to only use the Nairobi–Mombasa Usahihi Expressway. This has been established following revelations that the tolls expressway whose construction is expected to kick off in late 2025 shall rely on heavy commercial vehicles for the generation of up to 75 per cent of its revenues. The construction works on
Trucks to face mandatory use of Nairobi–Mombasa Usahihi Expressway first appeared on Bizna Kenya Read More

Read More
Money

Promises of foreign jobs turned to human trafficking, exploitation nightmares

 Human trafficking is one of the world’s most organised crime rings that poses a serious threat to national security for any government. In Kenya, the majority of the members of the public acknowledge that human trafficking in Kenya is prevalent and high. According to a National Crime Research Centre document, the perpetrators of human trafficking
Promises of foreign jobs turned to human trafficking, exploitation nightmares first appeared on Bizna Kenya Read More

Read More
Money

Mini-Town Team & Natural Lamu open branches at The Hub Karen Mall

 The Hub Karen Mall (THK) has announced the entry of two international brands to their establishment expanding their offerings to shoppers. The Egyptian owned Mini-Town Team is making a debut in Kenya has a nationwide branch network in Egypt while the Spaniard owned Natural Lamu boasts of 12 branches in Nairobi and the Coast region.
The post Mini-Town Team & Natural Lamu open branches at The Hub Karen Mall appeared first on HapaKenya. Read More

Read More
Money

Trump hits South Africa over new land law, case against Israel

 US President Donald Trump has signed an executive order freezing financial aid to South Africa over a new controversial land law and the country’s case against Israel. Trump, in the order, claimed that the new law that was signed by President Cyril Ramaphosa in January 2025, gives the government permission to unjustly and forcefully repossess
Trump hits South Africa over new land law, case against Israel first appeared on Bizna Kenya Read More

Read More