UK, Kenya Begin Digital Trade Talks
World Bank lends $750 million to Kenya
Kenya economy to grow 4.3% in 2026, 4.4% in 2027 -...
Kenya Employment and Labour Court rules allows for...
Kenya's financial landscape shows resilience ...
Firm taps into Kenya's growing e-commerce
Kenya's e-commerce strategy seeks to drive di...
Forex trading in Kenya

Loans blamed for Kenya poor saving culture

Published on: Monday 04 October 2021

Overreliance on loans is to blame for Kenya’s poor saving culture, with the country’s savings ratio still lagging behind its peers at 12 per cent. Maisha Microfinance Chief Executive Ireneus Gichana ...

News source: https://www.standardmedia.co.ke/business/article/2001425276

Share this news on: Facebook Twitter

RELATED NEWS

» Loans blamed for Kenya poor saving culture

» Saving Lions: The Pride of Kenya

» PHOTOS: Warriors saving lions in Kenya, PLUS an elephant encounter | Day 4

» New app tracks family planning supplies in Kenya

» National savings marginally rise as economy recovers

HEADLINE NEWS

» Research highlights opportunities for digitizing agriculture in Kenya
» Kenya's forex reserve dips further as shilling hits new low
» Finnfund opens its first regional office in Nairobi, Kenya
» Kenya’s thermal power use grew 62%, pushed up electricity charges
» Chinese Companies at Center of Ksh25.5 Billion Kenya Urban Roads Projects
» Closing the loop in Kenya's fashion industry
» Kenyan Shilling to Uruguayan New Peso Spot Exchange Rates for 2022
» Kenya pension funds increase investment in long-term govt bonds
» Kenya will scale up crypto adoption in 2022, says Luno GM
» Mwalimu sacco’s deposits-share capital conversion a boost for cash-strapped Spire bank

My Financial News from Kenya, Savings

Loans blamed for Kenya poor saving culture