Life Hacks

  The Central Bank of Kenya’s (CBK) latest Monetary Policy Meeting Report predicts a rise in cooking oil prices over the next three months. The report, released on Monday, December 9, attributes the expected increase to high global market prices. Since most raw materials used to produce cooking oil are imported, the price hike is anticipated to follow suit. Agricultural stakeholders also forecast a potential increase in maize flour prices. According to the report, “Some respondents to the November 2024 Agriculture Survey expect moderate upward pressure on prices of select cereal items such as green maize due to seasonal factors, and
The post CBK Predicts Cooking Oil, Maize Flour Prices to Rise Over Next Three Months appeared first on Nairobi Wire. Read More

  President William Ruto has announced a major increase in the Hustler Fund loan limit, significantly expanding opportunities for Kenyan borrowers. Speaking during the fund’s second-anniversary celebration on Monday, Ruto revealed that the loan limit has been tripled to benefit 1.5 million borrowers across the country. The President also introduced additional incentives for borrowers who consistently repay their loans and save within the fund. Ruto said the initiative would empower underserved populations and improve financial inclusion nationwide. “We have also introduced a new product—the Bridging Loan. This will enable all borrowers within the Hustler Fund ecosystem to triple their credit borrowing.
The post Hustler Fund Expansion: Ruto Triples Loan Limit, Introduces Credit Scoring appeared first on Nairobi Wire. Read More

  The Kenya Revenue Authority (KRA) has achieved a significant milestone by surpassing the Ksh1 trillion mark in revenue collection for the first five months of the 2024/25 financial year. In a statement on Monday, December 9, KRA confirmed that it achieved this milestone on November 30, several days earlier than the previous financial year’s achievement, which occurred on December 7, 2023. “KRA has surpassed the Ksh1 trillion mark, collecting Ksh1.005 trillion as of 30th November 2024. This milestone was reached earlier than last financial year’s achievement on 7th December 2023,” the statement read. The report highlighted a 4.3% growth in
The post KRA Hits Ksh1 Trillion Revenue Collection Milestone Over 5 Months appeared first on Nairobi Wire. Read More

  Ambassador Shambhu S. Kumaran, India’s Permanent Representative to the UN in Vienna, officially assumed the Chairmanship, marking the first time India has held this position. The Indian Embassy in Austria made the announcement. Read More

  The statement followed President Ruto’s visit to Kenyatta’s Gatundu home, marking their first direct engagement since their highly publicized fallout. Read More

  Temple supervisor Babul Ghosh confirmed filing a complaint against unidentified perpetrators, alleging they poured petrol on idols of Lakshmi and Narayan and set them ablaze while he was away. Read More

  ODM MP Caleb Amisi Hints William Ruto will lose the 2027 presidential elections. Saboti Member…
The post Ruto will lose 2027 presidential elections; ODM MP appeared first on AfrinewsKE. Read More

  Martha Karua, the lead counsel representing Ugandan opposition politician Kizza Besigye, recently faced a setback in her efforts to practice law in Uganda. Her application for a temporary law practice certificate was turned down by the Ugandan Law Council. In a letter dated December 6, 2024, the council cited several reasons for rejecting her request,
The post Ugandan law council rejects Karua’s application to represent Besigye appeared first on TV47 Digital. Read More