Category: Economy&Finance
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KCB Group wrapped up the first half of 2025 on a high note, delivering strong performance in key areas, including financial growth, regional expansion, sustainability initiatives, and digital innovation. The performance aligns with the lender’s mission to drive efficiency and reinforces its position as a leading financial institution in East Africa. One of the bank’s…
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Esther Muthoni, a spring onion farmer in Nyandarua County. PHOTO/COURTESY Esther Muthoni Njogu, a farmer in Mwangaza Village, Kipipiri, Nyandarua County, is a proof that farming pays if correctly done. Esther, who grows Spring onions, says the crop is relatively cheap to maintain and produces a good income. “With just a small piece of land,…
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Lenders from the United States who were being tapped by Everstrong Capital as financiers of the Sh468 billion Nairobi-Mombasa expressway project were uncomfortable with the involvement of a construction company with Chinese shareholding. This was one of the main reasons why the proposed multi-billion project fell into a storm. The construction company known as Mota-Engil…
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Old Mutual has partnered with the Kenya Bodaboda Association (KBA), Rescue.Co, Incourage Insurance and Rafiki Microfinance Bank, to set up the Boda Riders Super Cover, a new solution that offers hospitalisation and last expense support to boda boda riders (motorcycle taxi riders) The cover is designed to provide boda boda riders and owners with financial…
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Kenyans who save their money in banks are earning a high interest of up to 13 percent in 2025, data from the Central Bank of Kenya (CBK) shows. According to the data, which covers commercial banks’ average interest rates for June 2025, Premier Bank Kenya Limited had the lowest deposit rate of 2.86, followed by…
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The construction of Ksh 1.4 billion Setet Hydro-Power along Chemosit River in Kericho County is set to resume after stalling for years. The Kenya Tea Development Agency (KTDA) says the project is meant to generate power for tea factories in the region, which includes Momul, Litein, Tegat and Kapkatet. KTDA is also planning to launch…
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CHECK OUT: Earning Potential from Day One. Discover Multiple Revenue Streams That Can Help You Earn $800+ Monthly (At the Start!), Even with a Small Audience .ke journalist Japhet Ruto has over eight years of experience in financial, business, and technology reporting and offers deep insights into Kenyan and global economic trends. British beverage giant…
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People worldwide are living longer. Today, most people can expect to live into their sixties and beyond. Every country in the world is experiencing growth in both the size and the proportion of older persons in the population. By 2030, 1 in 6 people in the world will be aged 60 years or over. At…
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Global CEO of CIPS, Ben Farrell The Chartered Institute of Procurement & Supply (CIPS) is set to deepen its footprint in East Africa, with plans to establish a permanent office in Kenya. This was revealed by the global CEO of CIPS, Ben Farrell, who is currently in the country to affirm the institute’s long-term commitment…
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Members of the Kaume B fodder group inspect indigenous grass meant for seed production. PHOTO| ISAIAH ESIPISU Jenesia Kathira never thought a patch of ordinary-looking grass would become her lifeline. Yet, on most mornings, she is in the field at dawn with a notebook tucked into the waistband of her faded kanga. She counts seed…