Category: Economy
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 Following sustained public pressure, the government has withdrawn several key proposals.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 […]
Kenyan consumers have reason to rejoice as the Energy Petroleum Regulatory Authority (EPRA) recently announced a significant reduction in the prices of super petrol, diesel, and kerosene. This move comes as a welcome relief amid the ongoing economic challenges faced by many households across the nation. In its latest monthly price review, EPRA revealed […]
Kenyans seeking services at the Department of Immigration and Citizen Services will part with more after the Ministry of Interior effected new charges effective March 1. The revised fees, charges and levies on services offered by the Department of Immigration and Citizen Services published on November 14, 2023, have taken effect. In a […]
The agricultural community is abuzz with anticipation as the Kujituma Farmers Empowerment Programme gears up to host Deputy President Rigathi Gachagua. This transformative event, slated for Saturday, March 2nd, 2024, promises to be a cornerstone in the journey towards empowerment and prosperity for participating groups. At the heart of this groundbreaking initiative are the […]
In a bid to revamp transportation infrastructure and spur economic growth, the bustling town of Embu Runyenjes is witnessing a monumental transformation. The once dusty and congested 1st Bus Park exit road is now undergoing a remarkable upgrade to bitumen standard, promising unparalleled benefits for both traders and commuters alike. This ambitious project aims […]
A recent Infotrak report uncovers the widespread emotional distress experienced by nearly half of Kenya’s population, as a consequence of relentless economic challenges. The findings reveal that 48% of Kenyans are grappling with heightened stress and anxiety, predominantly triggered by the soaring cost of living. Notably, economic hardships have also impacted personal relationships, affecting 32% […]