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3 results for "kenya economy"
Major Kenyan banks are lowering lending rates after the central bank made its tenth consecutive rate cut, making loans more affordable for millions. The policy shift comes as inflation cools, opening the door for businesses and families to borrow at better terms.
In a rare move for African banking mergers, South Africa's Nedbank has pledged to retain all 3,712 NCBA employees after acquiring the Kenyan bank. The promise breaks from the painful job cuts that usually follow such deals.
Kenya's economic growth is now driven by digital technology adoption rather than traditional aid or commodities. Small businesses are leading the charge with AI, digital payments, and e-commerce transforming how the nation does business. #