Covid19 has rendered households with less disposable income due to loss of jobs, salary cuts, and unpaid leave. This has led to financial distress with many unable to meet mortgage obligations, rent, utility bills, and food. Last Friday marked the end of the second quarter #ceoCHAT sessions where we hosted Stanbic Bank MD, Mr. Charles Mudiwa. Mr. Mudiwa was expounding on financial strategies for households during the COVID19 pandemic. My Chat with a Bank CEO is a forum by Kenya Bankers Association where Bank CEOs engage social media users on topical issues.
source: Kenyan Wall Street