04/16/2020

Digital lenders to cut instant loans on CRBs directive

The digital micro-lenders were the main driver of a surge in credit status reports requested from the CRBs to 12.40 million in 2018 from 4.38 million the year before, the Central Bank of Kenya (CBK) data show.

04/15/2020

Kenyan digital lenders feel the heat of virus

Although the upsurge of mobile bank and digital apps have become an important part of the credit system in Kenya households and owners of small-and medium-sized businesses have taken advantage of their mobile phones to access quick loans, mostly without a

04/15/2020

SA’s tech CEOs heed ‘Thuma Mina’ Solidarity Fund call

On 23 March, Ramaphosa announced a Solidarity Fund had been created, saying: “Following consultation with social partners, we have set up a Solidarity Fund, which South African businesses, organisations and individuals, and members of the internatio