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Kenya Gets Additional KSh 20 Billion AfDB Loan

Kenya is set to receive KSh 19.8 billion loans from the the African Development Bank (AfDB). The loans are meant for budgetary support and agriculture...

SWVL Suspends Operations In Kenya, Fires 400 Employees

Egyptian ride-hailing service, Swvl has suspended the daily intracity rides in Kenya beginning June 3. The company announced the new development citing harsh economic conditions. Further,...

KPLC Receives KSh 7 Billion Subsidy, To Cut Power Bills By 15 Percent

Kenya Power has been offered a KSh 7.05 billion subsidy to allow the company to lower consumer electricity bills. Following the move, the utility company...

George Mbugua Appointed New Davis & Shirtliff CEO

Davis & Shirtliff has appointed George Mbugua as it’s new CEO. This follows David Gatende’s retirement as the company’s CEO after serving for 36 years. Speaking...

Clerical Officer On Police Radar After Creating Fake School, Squandering KSh 11 Million Gov’t Money

Police are looking for a clerical officer who formed a fake school and squandered KSh 11 million government money. The discovery was made after the...

Kenya Loan From World Bank Hits KSh 138 Billion

Kenya took KSh 137.93 billion in four months to April in a bid to meet the KSh KSh 1 trillion budget deficit. The loan borrowed...

Half A Billion Inua Jamii Cash Went To The Dead

A new report has shown how State Department of Social Protection transferred funds to deceased beneficiaries in the past four years. In the report tabled...

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