Metropol GMD Discusses CIS Mechanism at SACCO Leadership Forum in Nairobi
• Purpose: CIS provides lenders with another framework to measure the riskiness of their customers. It aims to improve the assessment of the probability of default of a customer.
• Mechanism: Credit bureaus collect and analyze data shared by various financial institutions such as banks, microfinance institutions (MFIs), and SACCOs. This data includes credit history and write-off information.
24 Apr 2025
- The ministry says that the drugs are substandard.
24 Apr 2025
- EPRA issued regulations to all electrical workers.
24 Apr 2025
- Senior Secondary education starts from Grade 10.
25 Apr 2025
- A simple, marble tomb nestled in a niche of a Roman basilica beloved by Pope Francis will mark the pontiff's last resting place, the Vatican said on Thursday, releasing an image of the project.
25 Apr 2025
- Fifty-seven followers of the Melkio St. Joseph Missions of Messaiha Afrika Church in Rongo, Migori County, will remain in custody for another 30 days as investigations into alleged cultic practices continue.
24 Apr 2025
- Two main suspects linked to the assault of Mellen Mogaka at a graveside in Nyamira County have been arrested.
24 Apr 2025
- Lobby group Operation Linda Jamii is demanding immediate nullification of the current shortlist of candidates for the positions of Independent Electoral and Boundaries Commission (IEBC) chairperson and commissioners.
24 Apr 2025
- The government has announced plans to appeal a recent High Court ruling that declared the Police Reforms Task Force report unconstitutional.
24 Apr 2025
- An Argentine nephew of Pope Francis said Thursday a private donor had paid for him to travel to his uncle’s funeral after the government failed to invite him to join officials travelling to Rome. Mauro Bergoglio, son of Francis’s late brother Oscar…
24 Apr 2025
- Retired President Uhuru Kenyatta has urged the youth to seize the moment in shaping the destiny of the continent, noting that they are the last line of defence. Speaking during the Guild Leaders Summit 2025 at Makerere University on Thursday, April 24,…
24 Apr 2025
- The Dutch AIVD intelligence on Thursday accused Iran of staging an “assassination attempt” on an Iranian living in the country. An Iranian man residing in the northern city of Haarlem saw two men climb onto his balcony in the dead of the night in June…
24 Apr 2025
- “We need to see a full list of what we owe as a country.”
24 Apr 2025
- Kiharu Member of Parliament Ndindi Nyoro has sustained his criticism on the government’s borrowing spree, warning that it will be catastrophic for future generations.
