Hustler loan defaults take the shine off affordable credit initiatives

Nairobi, Sept. 13 -- Loan defaults under the State-backed financial inclusion fund, popularly known as the Hustler Fund, have threatened to derail the government's commitment to cheap credit. The Ken... Read More

Why Nile perch swim bladder is new gold on Lake Victoria beaches

Nairobi, Sept. 13 -- You have probably noticed that when you buy Nile perch from any beach along the shores of Lake Victoria, the fish is always gutted. Unlike tilapia, which are sold wholesome, Nile... Read More

State getting a grip on cost of living as inflation drops to within target

Nairobi, Sept. 13 -- Inflation-a measure of the cost of living over a 12-month period-has since dropped to 6.7 percent, finally sitting within the official target of between 2.5 and 7.5 percent. This... Read More

Jobs yet to recover from the Covid pandemic-induced shocks

Nairobi, Sept. 13 -- Creating more jobs was at the heart of President William Ruto's campaign for the August 9, 2022 election in which he defeated his closest challenger, Raila Odinga. His team was e... Read More

Billionaire Kibunga Kimani adds Sh49m Centum shares

Nairobi, Sept. 13 -- Billionaire investor John Kibunga Kimani has acquired additional shares worth Sh48.8 million in Centum Investment Company Plc, raising his stake above five percent. Centum's late... Read More

Co-op Bank boss buys Sh173 million shares

Nairobi, Sept. 13 -- Co-operative Bank of Kenya's chief executive, Gideon Muriuki, bought 14.6 million shares of the lender currently worth Sh173 million in the six months to June 2023, restoring his ... Read More

Listed banks, agriculture firms lead in profitability

Nairobi, Sept. 13 -- The banking and agriculture segments have the best profitability record at the Nairobi Securities Exchange (NSE), making them the most attractive for investors chasing dividends i... Read More

Kenya's actuarial science dilemma

Nairobi, Sept. 13 -- Since its introduction to the Kenyan education system in the late 90s, actuarial science has been synonymous with brilliant students, closely rivalling those studying medicine and... Read More

No reprieve for fuel, electricity consumers

Nairobi, Sept. 13 -- Kenyans are grappling with costly electricity and fuel, contrary to earlier promises by President William Ruto's administration to keep the two critical commodities affordable. E... Read More

Shilling drum-up flops as local unit extends decline

Nairobi, Sept. 13 -- The shilling has extended its losses against the US dollar to surpass its overall drop last year despite the revamp of the interbank forex market in March. President William Ruto... Read More