Business

Kenya Secures Sh559.60 Million World Bank Funding for Hustler Mortgage Scheme

In a significant boost to homeownership among low-income and informal sector workers, Kenya has secured Sh559.60 million (€4.0 million) from the World Bank Group...

Government Delays Launch of 4,888 Affordable Housing Units to May

The government has postponed the launch of 4,888 housing units under the Affordable Housing Programme (AHP) to May, after failing to meet the initial...

Kenya’s E-Mobility Sector Expands Amid Global Surge in Electric Vehicle Sales

The transition to electric mobility is gaining momentum globally, fueled by climate action commitments and a growing demand for sustainable transport solutions. A recent...

Savers with Multiple Bank Accounts Set for Full Compensation Under New Law

Savers with multiple accounts in collapsed banks could soon receive full compensation for each account they hold, should proposed amendments to the Kenya Deposit...

Sudan Dismisses Ruto’s Claim on Kenyan Tea Exports

The Sudanese Embassy in Nairobi has rejected President William Ruto’s assertion that Kenya continues to export products, including tea, to Sudan despite the trade...

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