Business

Hustler Fund loan nears Ksh.3 billion mark 4 days after launch

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

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

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

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

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

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

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

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…
Ruto’s cabinet approves importation of 10 million bags of maize

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…
KenGen’s Q3 net profit up 61.7% to Ksh.4.7 billion

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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