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Mpesa's Mshwari has disbursed loans amounting to over Ksh 430.5 billion since its inception 7 years ago. Mshwari has over 31 million customers in Kenya with deposits of over Ksh18.7 billions. It has also attracted over 450,000 customers with the average lock savings being Ksh8,
African
By Human Rights Watch The Kenyan National Assembly has blocked justice and reparations for victims of human rights violations by failing to consider the findings of a 2013 report by the country’s Truth, Justice, and Reconciliation Commission (TJRC), a coalition of human rights organizations said today. The groups – International
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The Director of Public Prosecution Noordin Haji has warned Samburu Governor Moses Lenolkulal and his Kiambu counterpart Ferdinand Waititu against opening parallel offices. Senate Deputy Speaker Kithre Kindiki ruled on Wednesday that governor Lenolkulal and Waititu can deliver their roles without stepping into their offices. According to him, the judiciary
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The Taita Taveta County Government under Governor Granton Samboja has sacked more than 1,100 casual workers The county administration reportedly did this to slash its ballooning wage bill. “I saw the blanket notice sacking us and I got a headache. I do not know where to go now. The
African
By Eric Kimunguyi, CEO of Agrochemicals Association of Kenya Using pesticides on our crops lifts our agricultural production by as much as 90 per cent, but it’s a boon to food production that requires powerful regulation and strict safety measures to ensure we gain in food and do not
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In a stock market, prices are basically determined using an auction method. An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. In the stock market, stock buyers enter competitive bids
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Britain's main opposition Labour party on Wednesday accused Prime Minister Boris Johnson of plotting a "toxic" deal with President Donald Trump to allow US pharmaceutical companies access to the state health service. Labour leader Jeremy Corbyn held up what he claimed were 451 pages of previously
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By REUTERS At least 39 people died in flooding on Tuesday in Kinshasa, the capital of Democratic Republic of Congo, following torrential rains overnight that caused landslides near the University of Kinshasa, authorities said. At one site on University Avenue, in a southern suburb, at least three houses and a
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Nairobi has some of the most expensive international schools in Africa with annual fees going past Sh2.89 million ($28,479) as the demand for international education keeps growing, a report has shown. The analysis by International Schools Database shows that out of the six African cities surveyed, Kenya’s
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Huawei founder Ren Zhengfei has expressed confidence that his company can become the world’s leading smartphone even without Google. He said Huawei can still become the world’s top smartphone without Google, 'though it will take more time' during an interview on CNN. Huawei is currently the
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Central Bank Monetray Policy Committe (MPC) has lowered Central Bank Rate to 8.5 from nine per cent, a signal to banks to lend at a lower interest rate to stimulate the growth of the economy. CBK Governor Patrick Njoroge said the committee noted the ongoing tightening of fiscal policy
African
By Strive Masiyiwa Today, 1.2 billion people reside in Africa, a figure set to quadruple by the end of the century. That will be nearly 5 billion mouths to feed; a monumental figure, but one that doesn’t frighten me. This is why: in 1957, the population of Africa