Inflation rate in September went up 6.91 percent from 6.57 percent in August, according to Kenya National Bureau of Statistics (KNBS) This was largely driven by rise in prices of commodities under food and non-alcoholic beverages at 10.63 percent and transport at 9.21 percent. The housing, water, electricity,
Co-operative Bank is calling on Small Medium-Size Enterprises and Business owners to insure their property with political violence and terrorism extension coverage ahead of next year’s general elections. Addressing SMEs and business owners during a webinar meeting on Thursday, Joram Kiuna, Head of Banking Assurance at Co-operative Bank
National Bank of Kenya (NBK) has partnered with Aqua for All to launch a Water, Sanitation and Hygiene (WASH) financing program targeting Micro, small and Medium Enterprises (MSME), corporates, vendors and other product and service providers along the water and sanitation value chain. The Ksh.5 billion
A viral video of police surrounding an apartment block on Waiyaki Way has sparked a flurry of comments online. In the video, dozens of police are seen surrounding the Waiyaki Real Gardens building with reports that close to 300 Pakistanis on transit to Saudi Arabia have been arrested
Tanzania’s environment watchdog has destroyed 7.5 tons of banned plastic bags seized in Dar es Salaam and Coast regions, an official said on Wednesday. Boniface Guni, the state-run National Environment Management Council (NEMC) manager for southern zone, said the prohibited plastic bags seized in the two regions at various times
The Institute of Public Finance Kenya (IPFK) is implementing a project called Sauti ya Mashinani with an aim of increasing participation of the public in the Budget making process. Project Officer Boni Wakasanja said the project is being implemented in four counties of Kakamega, Kwale, Nairobi and
A female student at the Laikipia University was Wednesday afternoon stabbed to death by an outsider. Gertrude Chepkoech, a first-year student at the institution’s main campus in the outskirt of Nyahururu town, Laikipia County suffered multiple stab wounds after she was attacked by a man who is
Maisha Microfinance Bank has launched a new savings and loans product with the highest return in the market. The product dubbed M-Fanisi has a rate of 11.25 percent annually. M-Fanisi is aimed at encouraging Kenya’s saving culture among Kenyans with savings of as low as Ksh.500. Speaking during the launch on
President Uhuru Kenyatta has re-assigned four Cabinet Secretaries and Principal Secretaries in the new Cabinet reshuffle. Amb. Dr. Monica Juma was has been moved to the Ministry of Energy from Defence, where she is replaced by Eugene Wamalwa who leaves the Devolution docket. Charles Keter will now step into
Energy and Petroleum Regulatory Authority (EPRA) has dismissed claims of being linked to hiking fuel prices in the country. The National Treasury, the Ministry of Energy and Parliament are the state agencies that can influence the price of fuel in the country. This is according to Energy and
