Category: Business
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National Treasury Principal Secretary Chris Kiptoo. (Photo: National Treasury) Treasury PS Chris Kiptoo has insisted that the government has total control of the e-Citizen platform, despite an audit that questioned payments and raised concerns about accountability. Kiptoo told the National Assembly on Thursday that the handover of the system included all source codes, applications and…
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Bolt has its Africa hub in Nairobi, reflecting its strong presence in the region. (Photo: File) Kenya’s ride-hailing industry is proving that driving for apps can be more than just a part-time hustle, with some drivers earning incomes that surpass many formal jobs. A study by Bolt Kenya found that the company’s top 50 drivers…
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Climate-related funding has more than doubled over the past five years. (Photo: Freepik) Multilateral development banks (MDBs) disbursed a record $137 billion (Sh17.7 trillion) in global climate finance in 2024, marking a 10 per cent rise from the previous year. The European Investment Bank (EIB), which published the figures, notes that the increase underscores a…
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The Mukuru social housing project in Nairobi. As the Kenya Kwanza Government marks its 3rd anniversary since taking over the leadership mantle, the Affordable Housing Programme (AHP) remains one of the key achievements realised under the Bottom-Up Transformational Economic Agenda (BETA). “Through this program, we have revitalized local area economies through jobs created in the…
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Kiharu Member of Parliament Ndindi Nyoro, is a wealthy politician and businessman who has built his businesses from scratch. He is one of the largest individual shareholders at the Kenya Power and Lighting Company (KPLC). Speaking during a meeting with African American investors on July 3, the legislators revealed that he had made a profit…
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The family of Kenya’s first president, the late Mzee Jomo Kenyatta, led by former president Uhuru Kenyatta is known for investments spanning nearly every sector. Throughout the years, the family has been considered one of the wealthiest, with multimillion investments in banking, dairy processing, insurance, media, real estate, and agriculture sectors, among others. One of…
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Before he started poultry farming in 2018, Andrew Makatiani, who resides in Musonga village in Lurambi, Kakamega County, worked as a scriptwriter for secondary school dramas. Script writing was, however, not well-paying, prompting Andrew to try his hand at something else. He settled on poultry farming after earning Sh5,000 from the sale of 25 chicks.…
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Daikin Airconditioning India Pvt. Ltd. (DAIPL), the fully owned subsidiary of Daikin Industries Ltd., Japan & the market leader in the air-conditioning market in India today inaugurated its new office in Nairobi. The new office space is located on the 8th Floor, One Africa Place, Nairobi, Kenya. The new office mirrors the company’s commitment to the potential of Africa…
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NCBA rolls out flexible financing for PSV SACCOs and members with higher limits and longer tenors NCBA has today unveiled enhanced Public Service Vehicle (PSV) Asset Finance terms, reaffirming its commitment to supporting Kenya’s vibrant transport sector. The new package is tailored to empower PSV SACCOs, established transport companies, and individual SACCO members with competitive,…
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Michael Mwangi, a man from Kenya, had watched his entire world collapse after going bankrupt. Auctioneers came and stripped away everything he had worked for over the years, leaving him broken and hopeless. With no other way to provide for his family, he turned to b’ett!ng, clinging to the hope that maybe, just maybe, it…