Money

 Former Kiambu Governor Ferdinand Waititu has been fined Sh. 53.5 million for receiving bribes from a roads contractor in a Sh. 588 million tender. Waititu was handed the fine during a sentence that was issued by Milimani Anti-Corruption Court. Failure to pay the amount will see Waititu serve a 12-year jail sentence. Waititu’s wife, Susan Wangari,
Waititu fined Sh. 53.5mn in Sh. 588mn graft case, wife fined Sh. 500,000 first appeared on Bizna Kenya Read More

 I&M Bank has reduced its Kenya Shillings loan interest rates further by 2% effective 01/03/2025. This reduction is subject to a customer risk profile. This brings the total reduction in lending interest rates to 2.75% in recent months. This is in response to the Central Bank of Kenya’s (CBK) recent decision to lower the Central
The post I&M Bank reduces loan interest rates by 2% appeared first on HapaKenya. Read More

 A new report by Old Mutual reveals that 70% of Kenyans saw a decline in their incomes in 2024, with nearly half (47%) of the country’s working population reporting significant stress, including physical and mental health impacts. The second edition of the Old Mutual Financial Services Monitor (OMFSM), launched today in Nairobi, explores the financial
The post 70% of Kenyans are facing financial stress according to Old Mutual survey appeared first on HapaKenya. Read More

 Equity Bank has announced a reduction in interest rates on all new and existing Kenya Shilling-denominated credit facilities for all loans. The reduction on loans will be effective February 13th, 2025 and from 1st March for existing loans. This follows the recent decision by the Central Bank of Kenya’s Monetary Policy Committee (MPC) to cut
The post Equity Bank lowers interest rates for loans to 14.39% appeared first on HapaKenya. Read More

 Valentine’s Day is just around the corner, drumrolls, and many are scrambling to find the perfect gift for their loved ones, be it a partner, family or friends. When it comes to gifting, it is easy to focus on tangible things such as thoughtful presents, flowers and grand gestures. While these are certainly a classic
Best gift to give your loved ones on Valentine’s Day first appeared on Bizna Kenya Read More

 Kenyan motorists will soon have to dig deeper into their pockets to keep their vehicles on the roads. This follows a decision by the Ministry of Transport which is headed by Cabinet Secretary Davis Chirchir to reintroduce controversial vehicle insurance and air pollution taxes. The taxes dubbed as car insurance premium tax and the congestion
Kenyan motorists to be slapped with vehicle insurance, air pollution taxes first appeared on Bizna Kenya Read More

 The Ministry of Health has revealed that the majority of Kenyans have shunned the healthcare funding program Social Health Insurance Fund (SHIF) which replaced the National Health Insurance Fund (NHIF). According to the ministry, 16.1 million Kenyans who have registered under the Social Health Authority are not contributing to the scheme. This means that out
16.1 million Kenyans shun SHIF; contributions not enough to fund healthcare first appeared on Bizna Kenya Read More

 Kenya’s economic structure is broken at its core, and nowhere is this more evident than in the local credit market. … Continued
The post As Long As the Kenyan Government Competes With SMEs For Credit, They Will Always Lose appeared first on Soko Directory. Read More

 Britam General Insurance has settled a Ksh. 71,143,016 compensation claim for Limuru Country Club following the fire that razed its clubhouse on January 4, 2025. The fire, which was suspected to have originated from embers escaping the fireplace in the main bar area, caused extensive damage to the clubhouse, which was insured under Britam’s Fire
The post Britam Insurance pays Ksh. 71 million fire claim to Limuru Country Club appeared first on HapaKenya. Read More

 Raising children involves providing love, care, and guidance to help them grow into responsible adults. Parents play an important role in shaping their children’s future, but many face difficulties that make parenting a tough journey. These challenges can affect a child’s learning, health and development. A parent’s ability to provide for their children depends on
Struggles parents face when raising children, how to overcome them first appeared on Bizna Kenya Read More