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.
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.
24 Apr 2025
- Picture this: You own a prime plot of land worth KSh 2 million. Your SACCO account holds KSh 500,000, and your investment portfolio includes blue-chip shares valued at KSh 300,000. On paper, your net worth stands at an impressive KSh 2.8 million.
24 Apr 2025
- Deputy President Kithure Kindiki has assured that all promises made by the government will be fulfilled before the next elections, in a bid to improve the lives of Kenyans.
24 Apr 2025
- The Pharmacy and Poisons Board (PPB) has issued a public alert warning Kenyans against the use of certain batches of Paracetamol 1000mg/100ml injection currently circulating in the market over quality concerns.
24 Apr 2025
- Wiper Democratic Party Leader Kalonzo Musyoka has maintained that the death of Chief of the Kenya Defence Forces General Francis Ogolla was not an accident and that he is ready to record a statement with the Directorate of Criminal Investigations (DCI).
24 Apr 2025
- The government of Niger has entered into a joint venture with Kamlesh Pattni, a controversial Kenyan businessman previously sanctioned by the United States and the United Kingdom, to establish a gold refinery and gemstone processing hub in the capital,…
24 Apr 2025
- It has now emerged that the Social Health Authority (SHA) declined to enrol over 360,000 teachers due to a lack of nationwide infrastructure.
24 Apr 2025
- The ministry says that the drugs are substandard.
24 Apr 2025
- Former directors of Voice of America nominated across party lines are pressing Congress to intervene to restore the broadcaster, after a judge said President Donald Trump’s shutdown violated the law. In a letter to lawmakers, nine of the 10 former VOA…
24 Apr 2025
- Kenya has secured an initial victory in its appeal for a waiver of subscription arrears to the Forum of Parliaments of the International Conference on the Great Lakes Region (FP-ICGLR), which were incurred during a period when Kenya was not a…
