East Africa Portland Cement Company (EAPCC) says it has completed the settlement of KCB’s Sh6.8 billion loan via land transfers to the lender, cutting its finance costs by Sh735 million …
The Kenya Commercial Bank (KCB) has issued a Sh336 billion in green loans over the last one-year to support projects that protect the environment. Transition to green financing helped push …
Over 4 million Fuliza defaulters will be removed from the Credit Reference Bureau (CRB) and other blacklists from November this year, the government and lenders have announced. The announcement made …
KCB Bank Kenya has secured a Sh18billion loan from the International Finance Corporation (IFC) that will boost the lender’s support for businesses that address climate change. Through the partnership, IFC …
Bank loan defaults have crossed the half a trillion shilling mark for the first time, setting up thousands of borrowers for property seizures in an economy hit with reduced cash …
The management of Sarrai Group of Uganda has started a test run of the mills at the debt-ridden Mumias Sugar factory after the rehabilitation and maintenance of the run-down equipment. …