Kenyan businesses turn to cash as high loan costs curb borrowing, CBK survey shows
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Kenyan businesses are becoming more selective about borrowing, with some firms choosing retained earnings and existing cash flows over bank loans as high operating costs, cautious consumer spending, and lending conditions weigh on demand for credit, according to the Central Bank of Kenya (CBK). Why are Kenyan businesses avoiding more debt in 2026? The July […]
Reporting originally appeared via People Daily. Read the full source for additional context.