Category: Economy
Labour Cabinet Secretary Alfred Mutua has faced sharp backlash following his recent advertisement of job openings in Qatar. Promoting a Qatari company seeking skilled Kenyan workers, Mutua aimed to curb Kenya’s 12.7% unemployment rate by encouraging citizens to take roles abroad — much like his boss, President William Ruto, has promoted in past initiatives. Posting […]
We all make mistakes at some point; however, financial errors should not be considered part of that notion. Allow us to assist you in avoiding the four primary financial mistakes commonly made during youth, which can have lasting repercussions as we age. Everyone aims to manage their finances responsibly, yet many individuals frequently make mistakes […]
Financial planning helps you determine your short and long-term financial goals and create a balanced plan to meet those goals. Having a written financial plan gives you a measurable goal to work toward. Because you can track your progress, you can reduce doubt or uncertainty about your decisions and make adjustments to help overcome obstacles […]
One of the lessons that everyone think it ought to have been taught is school is financial management. In today’s world, unlike the ancient times where men survived for butter trades, amongst other mechanism, you need finances. Almost every aspect of your life requires finance to move. Finance plays a very crucial and unalienable […]
In a move set to provide much-needed relief to citizens, Treasury Cabinet Secretary (CS) John Mbadi has announced a series of significant tax cuts aimed at easing the financial burden on Kenyans. The government’s medium-term budget strategy includes reducing the Value-Added Tax (VAT) alongside cuts to corporate tax and other levies. Speaking at the launch […]
Rongo university has raised alarm over stalled major projects. The staled projects are believed to hinder the campus deliverability The auditor general, Ms. Nancy Githungu warned that prolonged delays to complete two major projects continues to affect service delivery at the university. photo: Rongo university media Ms. Nancy noted that completion of 1.3 billion academic […]
Newly appointed Treasury Cabinet Secretary (CS) John Mbadi vowed to increase the rate in the coming financial year. Speaking in Homa Bay County, on Thursday, August 29, Mbadi asked Kenyans to bare with the economy for one year. John Mbadi assured Kenyans that after one year they will start reaping from the economy. According […]
Kenyans have been granted relief after the government dropped a raft of controversial proposals contained in the Finance Bill 2024, set to be tabled in the National Assembly on Tuesday afternoon. Following sustained public pressure, the government has withdrawn several key proposals. Top among these was a plan to impose a 16 percent Value Added […]
In a landmark decision set to rejuvenate the coffee industry in Embu County, His Excellency President William Samoei Ruto has announced a substantial waiver of coffee loans. The total waiver for Embu County amounts to an impressive Ksh 171 million, which was owed to the Commodities Fund by the local coffee mill. This move has […]
President William Ruto has announced plans to write off Ksh6 billion in debt held by coffee farmers, aiming to rejuvenate the struggling sector and improve the livelihoods of over 600,000 farmers. Speaking to Kenyans residing in the United States, Ruto stated, “In the next Cabinet meeting, we will approve a write-off of Ksh6 […]