Digital Lenders Face Rising Pressure as Default Rates Soar to 40%
Rising defaults put digital lenders under pressure as borrowers struggle to repay online loans The digital lending sector is under intense scrutiny as default rates climb to alarming levels, reaching up to 40%. With the convenience of fas ...
Foreign Banks Seek Capital Boost from Parent Companies
Foreign banks turn to parent firms for fresh capital amid tightening regulations As global financial rules get tougher and economies stay uncertain, many foreign banks are asking their parent companies for more money. They need this suppo ...
Traceability in Financial Services
Ensuring Transparency and Compliance Traceability in financial&nb ...
Service-Level Agreement (SLA) Tracking
Ensuring Accountability and Excellence in Service Delivery Service Level Agreements (SLAs) are an important to ...
Tracking Public Procurement in Kenya
Enhancing Transparency and Accountability Public procurement in Kenya plays a& ...
Promoting Financial Integrity in Kenya
Ensuring Transparent Financial Transactions with Traceability in Kenya Transparency in the financial sector is of utmost importance to Kenya as it continues to position itself in Africa’s digital econo ...
Proposed VAT on Air Ticketing
A Threat to Kenya’s Aviation Industry Industry players have expressed grave worries over ...
The Impact of China’s Economic Challenges on Global Companies
Philips Lowers Sales Outlook Amid Drop in China Orders Philips recently announced a revision to its sales projection for the year, mostly ...
The Role of Illicit Wealth in Economic Inequality
Illicit Wealth Fuels Economy, Deepening the Divide Between Rich and Poor Illicit wealth money obtained through unlawful means such tax evasion, money laundering, corruption, and drug trafficking is rapidly i ...
Hackers Steal Shs 2.2 Billion from Uganda’s Central Bank
A Major Cybersecurity Breach Uganda's central bank has revealed a major cybersecu ...