Kenya

Kenyans seeking instant mobile loans from Kenya Commercial Bank (KCB) should brace for higher charges after the bank increased the KCB M-Pesa rate to 7.5 per cent from 4.08 per cent.

Users, mostly businesspeople who have used the platform over time due to its attractive rates, were shocked to learn of the new charges.

Kenyans seeking instant mobile loans from Kenya Commercial Bank (KCB) should brace for higher charges after the bank increased the KCB M-Pesa rate to 7.5 per cent from 4.08 per cent.

Users, mostly businesspeople who have used the platform over time due to its attractive rates, were shocked to learn of the new charges.

East African stock markets recorded a depressed performance in 2018, according to the Alpha Investor's market report.

The report attributes the performance to factors that include a global wave of emerging markets sell-offs in shares and currencies and the raising of interest rates by the US federal reserve, further strengthening the dollar.

East African stock markets recorded a depressed performance in 2018, according to the Alpha Investor's market report.

The report attributes the performance to factors that include a global wave of emerging markets sell-offs in shares and currencies and the raising of interest rates by the US federal reserve, further strengthening the dollar.

East African stock markets recorded a depressed performance in 2018, according to the Alpha Investor's market report.

The report attributes the performance to factors that include a global wave of emerging markets sell-offs in shares and currencies and the raising of interest rates by the US federal reserve, further strengthening the dollar.

East African stock markets recorded a depressed performance in 2018, according to the Alpha Investor's market report.

The report attributes the performance to factors that include a global wave of emerging markets sell-offs in shares and currencies and the raising of interest rates by the US federal reserve, further strengthening the dollar.

East African stock markets recorded a depressed performance in 2018, according to the Alpha Investor's market report.

The report attributes the performance to factors that include a global wave of emerging markets sell-offs in shares and currencies and the raising of interest rates by the US federal reserve, further strengthening the dollar.

East African stock markets recorded a depressed performance in 2018, according to the Alpha Investor's market report.

The report attributes the performance to factors that include a global wave of emerging markets sell-offs in shares and currencies and the raising of interest rates by the US federal reserve, further strengthening the dollar.

East African stock markets recorded a depressed performance in 2018, according to the Alpha Investor's market report.

The report attributes the performance to factors that include a global wave of emerging markets sell-offs in shares and currencies and the raising of interest rates by the US federal reserve, further strengthening the dollar.