Category: Economy&Finance
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CHECK OUT: How to Start Earning with Copywriting in Just 7 Days – Even if You’re a Complete Beginner .ke journalist Japhet Ruto has over eight years of experience in financial, business, and technology reporting, offering profound insights into Kenyan and global economic trends. Kenya’s public debt has increased by KSh 299.12 billion in a…
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American Professional Forex Trader Appears Unconvinced by Kenyan Traders Celebrating Supposed Profit
CHECK OUT: Kenyan forex traders have drawn attention for their lavish lifestyles, prompting public curiosity about how they earn their wealth. Max Anthony shared a video of Kenyan Prince and his friends. Photos: Kenyan Prince and Max Anthony. Source: Instagram Recently, several comedians have targeted these flashy influencers, poking fun at their claims of fortune…
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With benchmark interest rates at 13.5% and inflation hovering at 6.8%, Kenyan investors are flocking to money market funds (MMFs) as a safe haven. Fresh data from the Capital Markets Authority (CMA) for September 2025 highlights just how rapidly the sector is expanding. In August, the Central Bank of Kenya raised its policy rate by…
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Martin Kamotho, popularly known as Githeri Man, became an internet sensation during the 2017 general elections when he was photographed eating githeri while standing in a voting queue. The image quickly went viral, turning him into a household name across Kenya. His newfound fame came with promises of life-changing opportunities. Former President Uhuru Kenyatta even…
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The government collected KSh73.2 billion in housing levy during the financial year 2024/25, surpassing its initial target of KSh63.2 billion by KSh10 billion, a new report has revealed. The levy, which is deducted at the rate of 1.5% of gross monthly salaries, continues to draw mixed reactions from Kenyans. While the collection exceeded projections, the…
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A 21-year-old self-proclaimed forex trader, Domnic Mutua, popularly known on Instagram as Wabirabusa KE/254, has been arrested in connection with a suspected online investment scam. According to verified police reports, Mutua was arrested last Saturday from his suspected residence and operation base in Kasarani. He was later taken to Mlolongo Police Station, where a complainant…
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It has been three months since some residents moved to Affordable houses in Mukuru slums, Nairobi. During the launch by President Ruto, several home owners were ushered into the new life from the nearby slums marking a new chapter in their lives. However, some argue that it is not all rose in the new homes…
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Pipeline in Nairobi’s Eastlands never goes to sleep, in fact you can buy chapati or githeri at 2am in the morning. The estate is alive, even as the rest of the city shuts down in the evening. Both legal and illegal businesses thrive here for 24 hours daily. The estate, according to various sources, covers…
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Dr Satninder Singh, an investor who believed he was buying 150 kilograms of gold for export, has told a Nairobi court how a forged Kenya Revenue Authority penalty notice and a woman who posed as a senior customs officer helped strip him of more than KSh 150 million. In testimony at the Milimani Chief Magistrate’s…
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President William Ruto has brushed aside county objections and confirmed that all verified Universal Health Coverage (UHC) staff will be moved onto permanent, pensionable terms effective this month. Speaking in Mombasa on Thursday, September 4, Ruto said Treasury has already wired the money and that salaries will follow the latest rates set by the Salaries…