President William Ruto launched the construction of 4,054 affordable housing units in Kibera Soweto B Social Housing Project, Nairobi. The project will offer residents opportunity to become house owners through affordable ‘rent-to-own’ program from as low as Ksh.2,400 per month. According to State House Spokesman Hussein Mohammed,
Deputy President Rigathi Gachagua assured Kenyan farmers that the Kenya Kwanza government would aggressively pursue markets for their produce as well as help boost productivity. He said when he flagged off 88,000 metric tonnes of the subsidised fertiliser for small holder tea growers in Nairobi. The
Kenya could once again enter the historical book in 2022, 14 years after Americans lined up in millions to elect the first person of colour, Brack Obama as their 44th President. Just like Obama, whose father was Kenyan (Barack Hussein Obama Sr), Rushi Sunak could become
Former British Finance Minister Rishi Sunak looks set to become the UK's next leader after former Prime Minister Boris Johnson pulled out of the contest on Sunday, saying he had the support of enough lawmakers to progress to the next stage, but far fewer than
Spotify, one of top global streaming platforms, has set aside Ksh.12.1 million grant to support careers of up-and-coming podcasters across Africa. The grant, dubbed Africa Podcast Fund, is a first-of-its-kind podcast initiative on the continent through which podcasters will have more financial muscles to amplify their
The cost of electricity has risen for the second month in a row adding more pain to an ever rising high cost of living. The Energy and Petroleum Regulatory Authority (EPRA) on Friday increased the fuel and foreign exchange components of the power bill. Fuel Cost Charge
When Netflix reported its third quarter earnings this October, the company had a pleasant surprise for its shareholders. The streaming giant returned to subscriber growth quicker than anticipated, beating its own forecast for net subscriber additions by 140 percent. According to the company's latest earnings release, Netflix
Eliud Owalo, the Cabinet Secretary nominee for the position of Information Communication Technology (ICT) hinted at changing the name of Kenya’s state media, Kenya Broadcasting Corporation (KBc). Should he succeed Joe Mucheru, Owalo promised to ravitalise the state broadcast to match international media houses standards such
Former Meru Senator Linturi Frankline Mithika disclosed his net worth Friday valued at Ksh.1.2 billion. He made the disclosure during the vetting exercise at the National Assembly for the position of Cabinet Secretary for Agriculture, Farming and Livestock. "Mr Chairman my financial net worth which includes my
The Central Bank of Kenya (CBK) has been pushing for a risk-based pricing framework to be adopted by the banking sector. As a result, commercial banks can now factor in a borrower's creditworthiness when applying for a new loan, loan top-ups, and during loan restructures. As
