KMRC eases access to cheap mortgage for top earners

Nairobi, Feb. 16 -- Workers with a monthly income of up to Sh200,000 can now tap the Kenya Mortgage Refinance Company (KMRC) loans after the State-backed lender increased the income limit for borrower... Read More

No relief at the pump as fuel prices drop by Sh1

Nairobi, Feb. 14 -- Pump prices will from midnight (Wednesday) drop Sh1, denying consumers relief at the pump given the fall in the global costs of crude. The Energy and Petroleum Regulatory Authorit... Read More

Fuel consumption drops to five year low on high prices

Nairobi, Feb. 13 -- Fuel consumption in the six months to December last year dropped to the lowest level in at least five years, highlighting the impact of record-high pump prices amid the doubling of... Read More

UK firm, Globeleq to invest Sh4.6bn on solar plant in Malindi

Nairobi, Feb. 13 -- UK-based private power firm Globeleq will spend about Sh4.6 billion to set up a battery storage for its Malindi solar plant to supply electricity during peak demand. The firm told... Read More

World Bank gives Sh19bn for Kenya's vaccine facility

Nairobi, Feb. 9 -- The World Bank has committed $120 million (Sh19.1 billion at current exchange rates) to fund Kenya's vaccine production facility, which is expected to start operations in 2029. Hea... Read More

Kenya's main vaccine donor GAVI extends support to 2029

Nairobi, Feb. 8 -- The Global Alliance of Vaccines and Immunisation (GAVI) has extended its support to Kenya by two years to 2029, helping avert a looming crisis in primary healthcare. Health PS Harr... Read More

Public universities and schools defy State order on tender openness

Nairobi, Feb. 6 -- Universities and schools have defied a State directive to disclose information about tender winners, hurting efforts to enhance transparency in the awarding of deals worth billions ... Read More

Kenya to roll out tracking system for cooking gas cylinders

Nairobi, Feb. 5 -- The State plans to roll out a tracking system for cooking gas containers in its latest move to bring to book dealers who sell faulty cylinders. This follows the deadly gas explosio... Read More

Kenya retains foreign criminals' data for 5 years

Nairobi, Feb. 2 -- Kenya has from the start of this year been retaining data of visitors suspected of crimes for up to five years under the visa-free travel plan that came into force from January 1. ... Read More

Treasury eyes mini-budget in March to pay billions State owes businesses

Nairobi, Feb. 1 -- The State will partly use a mini-budget planned for March to pay contractors amid renewed efforts to settle the more than Sh630 billion worth of pending bills to ease cash-flow woes... Read More

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