Year: 2022
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Corporate
KenGen stocks rally after announcing 61% net profit
Kenya Electricity Generating Company PLC (KenGen) stocks rallied Wednesday hours after it announced a record Ksh.4.7 billion profit.The Wednesday close…
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Finance
How to apply for Hustler Fund through phone
President William Ruto’s Hustler Fund was rolled into credit market Wednesday in an anticipatory move to save millions of Kenyans…
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Economy
EU to dual Busia Highway in a deal with Governor Otuoma
Busia Highway stretching into neighbouring Uganda will soon have a new face following years of its shambolic state since the…
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Economy
Over 160,000 Kenyans logged into Hustler Fund platform minutes after launch – Ruto
President William Ruto launched Hustler Fund kitty Wednesday, unlocking over five million Kenyans who had been denied credit by banks.In…
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Economy
Little known facts about Ksh.50 billion Hustler Fund and how to access it
President William Ruto is launching the Ksh.50 billion Hustler Fund, an implementation of his campaign pledge in the run up…
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Economy
Over Ksh.80 billion short-term loan to be converted into long-term as Kenya struggles with debt repayment
The Kenyan government is looking to convert short-term loans into long-term to subdue pressure arising from loan maturities.At least Ksh.87.8…
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Agriculture
Ruto’s cabinet approves importation of 10 million bags of maize
President William Ruto chaired a Cabinet meeting for the second time Tuesday and agreed on a number of variables to…
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Corporate
KenGen’s Q3 net profit up 61.7% to Ksh.4.7 billion
Kenya Electricity Generating Company PLC (KenGen) net profit grew by 61.7 percent to Ksh.4.7 billion for the year ended September…
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News
Death toll from Indonesia’s quake rises to 327
At least 327 people were killed after a magnitude-5.6 earthquake hit Indonesia’s West Java province on November 21, according to…
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Finance
Where lenders source a borrower’s information before loan approval from CRBs
The CRB Regulations, 2020 gazetted by the Cabinet Secretary to the National Treasury on April 8, 2020, introduced major reforms…
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