The government has said it will rename the National Health Insurance Fund (NHIF) to a suitable name amidst the ongoing reforms in the multi-billion state parastatal.
According to Health Cabinet Secretary Susan Nakhumicha, the state underwriter would be renamed to National Social Health Insurance Fund (NSHIF)
The loans disbursed through Hustler Fund has hit Ksh.2.9 billion since its launch by President William Ruto on November 30.
Reports indicate that 22 accounts are being processed in every second, at most, signalling spiralling demand for the government fund that so far attracts the lowest
President William Ruto asked the newly sworn-in Principal Secretaries to serve the people with diligence.
He told them to fast-track government programmes that will uplift millions of Kenyans struggling to make ends meet.
“We will support you to deliver on your mandate; there will be no room
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 billion worth of long-term debt will be converted into short term.
This as the country closes in to debt ceiling, currently set at Ksh.10 trillion.
President William Ruto chaired a Cabinet meeting for the second time Tuesday and agreed on a number of variables to mitigate the ongoing economic crisis.
Among the key issues agreed was to chat path for a lasting solution in the agricultural sector that is facing a
Kenya and South Korea business organisations have signed a partnership agreement to fast track trade and investment.
They agreed to pursue development-oriented policies that support job creation, entrepreneurship, creativity, innovation and encourage the growth of Micro, Small and Medium Enterprises.
The agreement also seeks to promote effective
The Kenyan government has capped the Hustler Fund at Ksh.50,000 with the kitty is expected to be rolled out this December.
The funds will attract an interest fee of 8 percent for each loan taken. The minimum amount one can take is Ksh.500.
It is a Ksh.50
Kenya is banking on a concessional borrowing from potential creditors to help itself re-profile its liabilities including swap of expensive loans.
In what appeared as blacklisting of expensive creditors, President William Ruto said Friday that he is not interested in a market that would offer Kenya
President William Ruto made radical change to the list he forwarded to the National Assembly for consideration of his 51 Principal Secretaries.
This is after Caroline Nyawira Murage withdrew as PS for Correctional Service in the Ministry of Interior this week.
The President has since nominated Mary
Kenya’s exports to South Africa jumped to Ksh.3,956,500,000 in the year 2021, a 13.6 percentage point uptick from Ksh.3.480,900,000 volume of exports traded in 2020, according to data by Metropol’s Harvest.
Exports to the south African nation have not been on a stable trajectory for the