24 December 2012

Kenya: Business News

It would not be easy to give zero interest rates to the youth as promised by a political alliance. Erick Musau an analyst from Standard Investment bank says the ideal plan would be to empower the youth to be able to borrow, while the program may not achiecve its intended plan. ERICK MUSAU - LOANS

Efforts to increase insurance from the current 3% have gone a step higher, after Saham Finances, a Moroccan-based insurance group, acquired a controlling stake, in Mercantile Insurance Company Limited. The group will now seek to deepen the market in both life and general insurance to Kenyans.

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