Dar es Salaam Stock Exchange registers positive price movement in May

Dar es Salaam Stock Exchange registers positive price movement in May

DAR ES SALAAM Stock Exchange (DSE) recorded positive price movements that helped to spark rally in stocks in May but failed to increase the market turnover. The bourse, according to Zan Securities’ Market Monthly Outlook, saw nine counters registering price gain against seven in April while two counters registered price drop. Zan Securities said in […]

StanChart locks out borrowers with multiple mobile loans

StanChart locks out borrowers with multiple mobile loans

Standard Chartered Bank Kenya chief executive Kariuki Ngari. PHOTO | NMG Standard Chartered Bank Kenya will lock out borrowers with multiple digital loans from its mobile lending app that will be unveiled in the coming days. StanChart chief executive Kariuki Ngari said the lender would not “overburden” borrowers with additional credit, citing elevated default rates […]