Economy
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Shelter Afrique approves Ksh.2.9 billion housing loan to Landmark Africa
Pan-African housing development financier Shelter Afrique has approved a Ksh.2.9 billion (USD24.03 million) commercial loan to Lagos-based Tier 1 real…
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COTU backs Ruto’s proposal on a 6% cut from workers’ salaries to NSSF
President William Ruto received an impetus in his quest for all Kenyan employees to have six percent of their gross…
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Jumia anticipates millions of customers on its 7th Black Friday invite
Millions of consumers are expected to log on to the Jumia App to leverage online sales in the company’s 7th…
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Ruto launches monthly “rent-to-own” housing units in Kibra for as low as Ksh.2400
President William Ruto launched the construction of 4,054 affordable housing units in Kibera Soweto B Social Housing Project, Nairobi. The…
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Electricity price up by Ksh.7.09 per unit amid weakening shilling
The cost of electricity has risen for the second month in a row adding more pain to an ever rising…
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USAID releases Ksh.120 million in aid for over 20K households in Makueni
At least 22,889 households in three constituencies in Makueni County will benefit from over Sh 120 million funded by the…
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Germany earmarks Ksh.15 billion for food relief in Kenya, Somalia & Ethiopia
Germany has earmarked Ksh.15 billion for food relief programme for Kenya, in response to the ongoing humanitarian crisis occasioned by…
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Tourism revenue to grow by 75% to Ksh.256 billion in 2022 – Balala
Kenya projects to receive about 1.46 million tourists by close of the year following the ease of coronavirus restrictions. This,…
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Ruto to launch Ksh.800 million Wakulima Market
President William Ruto is set to commission the newly constructed Wakulima Market early November. The Ksh.800 million market is located…
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IMF sets conditions before releasing low-cost loans for poor countries to deal with food crisis
Kenya is among countries that will benefit from a one-year funding programme dubbed Food Shock Window which the International Monetary…
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