In the Kenyan credit market, the phrase “In Duplum” is often the last line of defense for a borrower drowning in debt. Derived from Latin, meaning “in double,” the rule is a consumer protection cornerstone designed to prevent interest from spiraling out of control. According to the rule, only the principal owing at the time
Global ratings agency Moody’s has upgraded Kenya’s sovereign credit rating from Caa1 to B3, providing a boost to President William Ruto’s economic agenda and signaling a marked decline in the country’s default risk. The agency revised Kenya’s outlook to stable from positive, a move that analysts say confirms the effectiveness of recent fiscal and monetary
Two more Senator Keg consumers on Monday, January 26, won Ksh 1 million each for participating in the ongoing Tuzidi Kuinuana (Let’s continue uplifting each other) promotion campaign, bringing the total winners to four. The campaign, now in its second month, seeks to demonstrate shared value between its consumers and the community it operates in
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