Business

Kenya’s Ksh.500 billion nuclear plant to employ over 10,000 youth

Kenya’s Ksh.500 billion nuclear plant to employ over 10,000 youth

The Nuclear Power and Energy Agency is finalizing plans for the construction of a Ksh.500 billion nuclear power plant in…
SACCOs challenged to develop fresh models to attract growth

SACCOs challenged to develop fresh models to attract growth

Savings and Credit Cooperative Societies (SACCOs) have been directed to conduct their Annual General Meetings (AGM) before the end of…
Oil price up 13% to Ksh.11k  in 7yrs on Russia, Ukraine tension

Oil price up 13% to Ksh.11k  in 7yrs on Russia, Ukraine tension

Oil prices surged Tuesday, February 22, 2022, on fears that rising tensions between Ukraine and Russia could disrupt supplies around…
World Bank expresses interest to partake in Ksh.180 billion Nairobi-Mau highway construction

World Bank expresses interest to partake in Ksh.180 billion Nairobi-Mau highway construction

The private sector arm of the World Bank, International Finance Corporation (IFC), has expressed interest to take part in financing…
Kenya staring at high inflation on ongoing Ukraine, Russia brawl

Kenya staring at high inflation on ongoing Ukraine, Russia brawl

Kenyans are staring at a high cost of living in the near future due to the ongoing diplomatic brawl between…
MPs summon Poster boss over unaccounted Ksh.168 million

MPs summon Poster boss over unaccounted Ksh.168 million

The National Assembly’s Public Accounts Committee has summoned postmaster-general Dan Kagwe to account for Ksh.168 million from non-remittance that was…
How Kenya is making home ownership possible for low income households

How Kenya is making home ownership possible for low income households

Rachel Mwangangi is getting ready to move into her dream home in Nairobi, within the first quarter of 2022. It…
Banks to soon have uniform lending rates for mortgages

Banks to soon have uniform lending rates for mortgages

The Kenya Mortgage Refinancing Company (KMRC) is now mulling hiring a consultant to develop uniform lending terms for home loans…
Kenya’s January remittance down 3.4 percent to Ksh.38.5 billion

Kenya’s January remittance down 3.4 percent to Ksh.38.5 billion

Total remittance from Kenyans living abroad dropped by 3.4 percent to Ksh.38.5 billion in January compared to  Ksh.39.5 billion that…
Unroadworthy vehicles, motorbikes impounded in intensified crackdown

Unroadworthy vehicles, motorbikes impounded in intensified crackdown

Officers drawn from the National Police Service (NPS) and the National Transport and  Service Authority (NTSA) impounded 12 vehicles that…
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