In 2023, mobile services generated Sh384.3 billion in revenue, marking a 13.2 percent increase from 2022.
These new measures are designed to eliminate any discrepancies in the weighing of Green leaves.
This is coming just four years after it reviewed upwards the coverage limit to Sh500,000
This has in turn led to an overall drop in loan uptake, which is expected to continue until end of last quarter of 2024.
Campaign seeks to harness the over 3 million Kenyans in the diaspora to help market their motherland
The country’s credit rating has been downgraded to “junk,” meaning it is risky to invest in.
The move targets traders who rely on mobile money platforms like M-Pesa, T-Kash and Airtel Money.
The decision comes amid a slowdown in economic growth during the second quarter of the year.
Women now make up 45 per cent of the brewers leadership team
