Kenya Power to set up electric car charging hubs September – Business Daily
Power supply for electric car charging. PHOTO | POOLKenya Power will, from next month, start constructing electric charging systems for homes, businesses and the public across the country as the shift to clean transport gathers momentum.The State-owned power utility is seeking a firm to build an e-mobility network infrastructure system (ENIS) in Nairobi and Nakuru […]
CBK blocks interest-free Lipa na M-Pesa loan plan – Business Daily
Central Bank of Kenya Governor Patrick Njoroge. PHOTO | SALATON NJAU | NMGThe Central Bank of Kenya (CBK) blocked the launch of a Safaricom-backed zero-interest credit service for purchase of goods, derailing a product that was expected to disrupt the mobile loans market.Three people familiar with the matter say the CBK asked the promoters of […]
9 Common Mistakes New Drivers Make on Kenya Highways, How to … – Kenyans.co.ke
Driving on Kenyan roads is a risky affair. From reckless drivers to sometimes flawed road designs, it’s not a walk in the park.What is known as ‘our driving culture’ makes most highways in the country user unfriendly with the number of vehicles sharply rising, as more people find it affordable to own a car.Amid all […]
Europe Car Sales Continue Rebound on Easing Supply Snarls – Yahoo Canada Finance
(Bloomberg) — Auto sales in Europe climbed for a fourth month in November as supply-chain issues continued to ease, though a worsening economic outlook threatens to hurt demand in the coming months.Most Read from BloombergIs Putin Finally Getting Smart About His Ukraine Disaster?Elon Musk’s Tesla Share Sales Approach the $40 Billion MarkPowell Says Fed Still […]
Parliament budget office doubts Ruto's first-term plan – Business Daily
Parliament buildings in Nairobi. FILE PHOTO | NMGThe office that advises Members of Parliament on budget planning has raised doubts about the ability of the Kenya Kwanza administration to fund its ambitious economic growth and job creation plan while enforcing spending cuts.The Parliamentary Budget Office (PBO) says that President William Ruto’s administration will struggle to […]
Nakuru, West Pokot, Nyandarua top list of counties hooked on betting – Business Daily
People betting at a shop in Nairobi. FILE PHOTO | NMGNakuru has emerged as the county with largest share of the population engaged in betting and gambling activities, pointing to the deep penetration of the craze which promises opportunities to make quick money.A survey of counties found that one in every four residents of Nakuru, […]
End of the road for Tata Nano – BusinessLIVE
Investors are going into 2023 with a cautious mindset, prepared for more rate hikes and expecting recessions around the globe.SA’s offshore marine resource biomass is well managed, and most stocks have been stable for the past 50 years.Ekurhuleni mayor Tania Campbell says ‘many more people’ injured in gas tanker explosion on Christmas Eve are in […]
Baptism by fire for Kipchumba Murkomen as he takes over Transport docket – Business Daily
Roads, Transport and Public Works Cabinet Secretary Kipchumba Murkomen. ILLUSTRATION | JOSEPH BARASA | NMGIt is baptism of fire for Roads, Transport and Public Works Cabinet Secretary Kipchumba Murkomen as he settles into his new role.Just weeks after his appointment, Mr Murkomen is leading the ministry through one of the biggest challenges in recent years, […]
Former MP Mwaita grilled over Sh100M land saga in Nakuru – The Star Kenya
Ex-Commissioner of Lands and former Baringo Central MP Sammy Mwaita Wednesday honoured summons by an anti-graft agency in a probe into a Sh100 million land saga in Nakuru.He appeared before the Ethics and Anti-Corruption Commission (EACC) at Integrity Centre for grilling.The officials said they will take his statement. A source at EACC confirmed that the […]
Risky borrowers to pay higher M-Shwari charges in new model – Business Daily
NCBA Bank managing director John Gachora. PHOTO | NMGRisky borrowers will pay more to access M-Shwari loans as Safaricom and NCBA Group plan a new lending model with different charges based on the credit profile of customers.NCBA chief executive John Gachora said the bank will roll out a risk rating model for M-Shwari akin to […]