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WEBSep 19, 2024 · Revealed: Why Central Bank paid a German firm KES 14 billion for new banknotes. Sharp Daily keeps you up-to-date with the most recent news; politics, business, investing, real estate, economics, technology and more. Stay sharp.
Govt expands Hustler Fund to bolster small business financing
WEB1 day ago · Speaking at the rebranding event of Safaricom Investment Co-operative to SIC-Investment Co-operative, Oparanya highlighted that the Hustler Fund has so far disbursed Kshs 57.0 billion to 22 million Kenyans, of which Kshs 44.0 billion has been repaid, with approximately Kshs 13.0 billion still outstanding translating to 77.2% repayment rate.
Ruto backs green industrialization as Africa prepares for COP29
WEB1 day ago · The initiative, according to Ruto, will help transition Africa into a low-carbon, climate-resilient economy. Despite global investments in the energy transition reaching $1.8 trillion in 2023, Africa received less than 3% of that total. “This stark disparity must be addressed,” Ruto stated, pointing out that Africa’s growing population ...
NSSF’s bond trading controversy raises concerns over financial …
WEB1 day ago · The situation is made worse by the fact that NSSF hasn’t released performance reports since 2022, with the last reported return being 0.0%. When compared to a typical portfolio—60% government bonds and 40% equities—the NSSF has underperformed. Over a similar period, NSSF’s portfolio returned 7.0%, while the benchmark portfolio delivered ...
Nine students hospitalized after storm destroys Kisumu school
WEB1 day ago · September 26, 2024. in News. Reading Time: 2 mins read. Nine students from St Aloys Mayenya Secondary School in Kisumu East sub-county are receiving treatment in hospital after being injured when a storm ravaged their school on the evening of September 25, 2024. The injuries occurred after strong winds, accompanied by …
Kenya’s real estate market faces dynamic transformation amid …
WEB1 day ago · Retail Real Estate. Kenya’s retail real estate sector is also undergoing a transformation, with physical store expansions slowing down compared to previous years. The rise of online shopping has shifted consumer behavior, leading major retailers to adapt their strategies. However, this has not halted the entry of new players into the market.
Tourism doesn’t just boost economies, it can also foster peace and ...
WEB2 days ago · Properly implemented tourism programmes can also improve equity within countries. Job creation and economic opportunities are probably the most obvious ways they can do so, but tourism promotes equity in other ways too. Increased tourism revenue can, for example, lead to better infrastructure, such …
Cherargei proposal to extend presidential term sparks debate
WEB2 days ago · A bill to amend the Constitution of Kenya is set to spark heated debate as UDA Senator Samson Cherargei proposes extending the terms of the President and all elected officials from five to seven years. The Constitution of Kenya (Amendment) Bill 2024, which also introduces the Office of the Prime Minister, will soon have its first reading in the ...
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WEBGachagua claims broad-based government a bid to oust him, despite his support. by Brian Murimi. September 20, 2024. 0. Deputy President Rigathi Gachagua has alleged that the formation of a broad-based government, a move he …