Mortgage Rate in Kenya: Kenyans who earn Sh. 150,000 and below per month will start getting home loans at a discounted annual rate of seven percent.
These loans have been subsidized by the newly founded Kenya Mortgage Refinance Company (KMRC)....
Private Schools Kenya: Private schools in Kenya are set to get bailout loans from the national government. This is after the Ministry of Education announced plans to start giving the troubled schools concessionary loans aimed at cushioning them against...
Jeff Koinange House: In April this year, prominent media personality Jeff Koinange hit the headlines after auctioneers issued a notice against his two houses. Garam Auctioneers announced that the would auction his homes which are located in the prime...
Grand Mullah Bentley: Popular Senior Counsel Ahmednassir Abdullahi is set to get nearly Sh. 1 million from the Kenya National Highways Authority. The counsel also known as Grand Mullah will get the amount totaling Sh. 750,000 for the damaged...
BY REUTERS: Stylist Julia Wanja picks her way delicately through piles of food waste, discarded masks, rubber gloves and other rubbish at Nairobi’s Dandora dumpsite, looking for used hair extensions she can clean and resell to customers.
The pandemic means...
A nephew of the former late president Daniel Arap Moi is set to be auctioned to recover debt of Sh. 378.61 million. The debt will be recovered from Hosea Kiplagat who was also a powerful politician during the Moi...
The InterContinental Hotel has shut down its operations in Kenya. The hotel has also sacked all employees. The hotel’s general manager Oliver Geyer told employees in a notice that all workers are now redundant and that it would terminate...
Michael Joseph Biography: Michael Joseph is the new board chairman at Safaricom. He took over from long serving chair Nicholas Ng'aNg'a who has gone into retirement.
Joseph successfully headed Safaricom from 2000 to 2010 when he stepped down for the...
A company based in Thika is set to receive nearly SH. 1 billion funding from the World Bank Group's International Finance Corporation (IFC). Blue Nile Rolling Mills will receive Sh. 862 million.
The loan is part of the company's bid...
Richest PS in Kenya: Permanent Secretaries in the current government are worth hundreds of millions. At one point in 2013, the PSs were worth Sh. 1.7 billion, with the then Transport PS Wilson Irungu leading the pack as the...
