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News
Kentaste and Stahili App Launch Disruptive Digital Cashback Rewards Program
2+ week, 5+ day ago (725+ words) streamlinefeed.co.ke Kentaste, a leading East African manufacturer of coconut-based food and cosmetic products, has officially partnered with the digital loyalty platform Stahili App to launch an aggressive consumer cashback initiative. The promotional campaign, announced in August 2026, offers shoppers…...
Algorithmic Credit, Debt-Shaming Practices, and Psychological Distress: A Cross-Sectional Study of Predatory Mobile Lending Impacts on Low-Income Urban Borrowers in Kenya
1+ mon, 1+ week ago (540+ words) Methods: A cross-sectional survey of 850 adult mobile loan borrowers residing in informal settlements in Nairobi was conducted in 2026. Depressive symptoms were measured using the Patient Health Questionnaire (PHQ-9), alongside variables of debt burden and exposure to shaming tactics. Critically, no…...
First Ally Capital Backs Mathesis to Deploy AI Credit Infrastructure
1+ mon, 3+ week ago (257+ words) First Ally Capital has invested in Mathesis to scale artificial intelligence-driven credit scoring models aimed at unlocking capital for underbanked populations. At the core of the Mathesis platform is a proprietary machine learning engine that ingests vast quantities of alternative…...
Inside ZiiDi: How Safaricom's Money Market Fund Operates and Generates Interest
1+ mon, 4+ week ago (161+ words) A complete breakdown of Safaricom's ZiiDi Money Market Fund: who manages your money, how daily interest is calculated, and what the risks really are. Safaricom's aggressive push into wealth management via the ZiiDi Money Market Fund (MMF) has democratized investment…...
CS Oparanya Unveils Major Credit Expansion for MSMEs at Elite Brands Gala
2+ mon, 1+ week ago (199+ words) CS Wycliffe Oparanya outlines a massive government strategy to expand affordable credit and market access for Kenyan MSMEs during the 11th Elite Brands Awards. Speaking at the prestigious Argyle Grand Hotel—in a keynote address delivered on his behalf by Special…...
Banks Caught Between Ruto’s Unsecured Lending Push and 15.3% Bad Loans
2+ mon, 1+ week ago (200+ words) President Ruto demands banks abandon title deed collateral for MSMEs, even as lenders grapple with a risky 15.3% non-performing loan ratio. President William Ruto has directed Kenya’s commercial banks to immediately pivot away from traditional collateral-based lending, demanding they provide affordable,…...