Business
Uncover raises Ksh.122.5 million to penetrate other African markets
December 5, 2022
Uncover raises Ksh.122.5 million to penetrate other African markets
Nairobi-based skincare firm, Uncover has raised Ksh.122.5 million in seed capital, which it will use to scale up its operations…
KRA to refund taxes paid by mistake; how to claim
December 5, 2022
KRA to refund taxes paid by mistake; how to claim
The Kenya Revenue Authority (KRA) has introduced a new menu on its iTax portal where taxes paid erroneously can be…
Hustler Fund loan nears Ksh.3 billion mark 4 days after launch
December 5, 2022
Hustler Fund loan nears Ksh.3 billion mark 4 days after launch
The loans disbursed through Hustler Fund has hit Ksh.2.9 billion since its launch by President William Ruto on November 30.…
Low food prices see Kenya’s inflation ease for first time in nine months
December 5, 2022
Low food prices see Kenya’s inflation ease for first time in nine months
Inflation in Kenya eased to an a nine-month low in November to 9.5 percent from 9.6 percent in October. The…
Ndegwa-led Committee raises Ksh.592 million for starving Kenyans
December 2, 2022
Ndegwa-led Committee raises Ksh.592 million for starving Kenyans
The National Steering Committee on Drought Response has raised Ksh.592 million for Kenyans facing famine. The Committee headed by Safaricom…
KenGen stocks rally after announcing 61% net profit
November 30, 2022
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…
EU to dual Busia Highway in a deal with Governor Otuoma
November 30, 2022
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…
Over 160,000 Kenyans logged into Hustler Fund platform minutes after launch – Ruto
November 30, 2022
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.…
Little known facts about Ksh.50 billion Hustler Fund and how to access it
November 30, 2022
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…
Over Ksh.80 billion short-term loan to be converted into long-term as Kenya struggles with debt repayment
November 30, 2022
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…