President William Ruto’s second day in Bungoma was full of goodies for residents. The Head of State launched the KSh 500 Million Bungoma County Aggregated Industrial Park at Sang’alo, Kanduyi Sub County, and announced the upgrade of Sang’alo to National Polytechnic status. “After a thorough assessment of the Learning Institute…
FINSCO AFRICA ON RISE
Property dealers have a reason to smile after Real Estate firm Finsco Africa Limited entered into a deal with National Bank that will allow its customers to access funding from the lender to purchase land. The deal comes at a time when many Kenyans who despite willing to buy land…
President Ruto: Billionaire Goes to Billionaires
President William Ruto has nominated the late billionaire Chris Kirubi’s son-in-law, Andrew Musangi, for the position of Central Bank of Kenya (CBK) chairperson. National Assembly Speaker Moses Wetangula conveyed the message in his address in Parliament on Thursday, August 17. “The President seeks the approval of the Parliament on the…
How Nyanza Region Excluded in Road Maintenance Projects
Prof Fred Ogola is preparing guns to move to court over deliberate discrimination of Luo people by government He warned should Azimio leader Raila Odinga do not represent their interests, OLU will take over KeNHA excluded Luo Nyanza in the 1st and 2nd Quarter of road development and routine maintenance…
Parliament considers banning Tiktok in Kenya
National Assembly Speaker Moses Wetangula confirmed the petition from Bridget Connect Consultancy CEO Bob Ndolo had been tabled in parliament Registering his displeasure on the platform, Kimini MP Didmus Baraza urged Ministry of ICT to set standards on the use of Tiktok and other peculiar upcoming social media platforms The…
How Employees August Payslips Will Shrink Over Double Taxation
Kenya Kwanza Government has now decided to chop three percentum of the gross monthly from employeesΒ An employee who earns a monthly gross pay of Sh50,000, will lose Sh1,500 at the end of the month of August to the housing levy alone. Government has announced that employees’ August payslips will…
Kenya gets Sh6B to boost Agricultural productivity
Sweden and European Union (EU) roll out Sh5.7bn of donation to Kenya for agricultural support in the 47 counties. The food security program of Sh5.692 billion which is jointly supported by the Kenyan government, the European Union, and SIDA of Sweden would benefit all 47 counties. The Agriculture Sector Development…
Retiree’s Sh200B liabilities giving gov’t sleepless nights
President William Ruto’s administrationΒ is yet again going to face another sleepless nights in the next three financial years owing to the pressure of pension’s liabilitiesΒ This is after, Treasury raised a red flag over the growing huge number of pensioners, alongside debt repayments costs which has made the current…
Mpesa unavailable as KPLC reports electricity purchase hitches
The giant telecommunications firm Safaricom has announced that Mpesa services on its apps are unavailable In a statement on Thursday 27th July, the telecos said that mobile services are down on the mpesa and safaricom apps However, Mpesa services are working as usual on the SIM card tool kit as…
Kenya Kwanza Government Introduces New Taxes
Kenya Kwanza Coalition’s government has lined up a raft of new taxes including road tax, motor vehicle circulation tax, exercise and value added-tax [VAT]Β measures, as a back up plan for the suspended finance act, 2023 According to details seen byΒ safinews.co.keΒ on Monday 24th July, President William Ruto is plotting to…