Stawi Loans: In November 2019, President Uhuru Kenyatta unleashed a sharp criticism for a certain local bank that had reportedly refused to join the Stawi Loan program that was being spearheaded by the government.
The program is a mobile lending...
The Ministry of Lands and Planning says the mass verification of title deeds in Nairobi is ongoing. According to a notice that was issued by the Lands Cabinet Secretary Farida Karoney, the exercise is covering the Nairobi Block 110,...
Identifying the right kind of house is never easy when you are looking to take up mortgage. This is because your mortgage should essentially represent the value of the house you'll be paying for. However, unlike previous years when...
Narendra Raval Fertilizer Business: Billionaire businessman Narendra Raval has pumped Sh. 1.8 billion into a fertilizer plant his firm acquired in the buyout of ARM Cement. This investment is now set to increase the plant's production capacity by three...
StanChart Mobile Loans: The Standard Chartered Bank is set to start giving mobile loans after receiving approval from the Central Bank of Kenya.
The bank is now expected to launch the mobile lending service within he next few weeks in...
Narendra Raval Mumias Bid: Industrialist Narendra Raval is seeking to take over the collapsed Mumias Sugar in an ambitious bid to revitalize it. The steel billionaire says that his primary aim is not to make money, but to bring...
Leading telecommunications giant Safaricom has announced that it made a loss of Sh. 314 million in its M-Pesa Africa business. M-Pesa Africa is a joint venture that the firm runs in partnership with Vodacom. This loss was realized in...
Single Rentals: In urban areas, developers of single-room houses have been gaining better returns and demand compared to two-bedroom flats and three-bedroom maisonette. The the average cost of the small units crossed the Sh.4, 000 four years ago and...
NHIF Payments in Kenya: The government is set to introduce new health reforms that will see every household in Kenya pay a mandatory annual health coverage fee of Sh. 6,000.
This has been revealed by the cabinet secretary for the...
Nginyo Kariuki Wealth: Children of the late billionaire Lawrence Nginyo Kariuki are rocked in a bitter fight over the control of a Sh. 4 billion estate left behind by their father.
The fight has seen James Anthony Kariuki and his...
