Other projections include growing the loan book from the current Sh10 billion to Sh11 billion.Society is implementing an ICT infrastructural upgrade that shall include
Business
POULTRY FARMERS IN KIAMBU CLOSE BUSINESSES.
Poultry farmers in Kiambu have closed down their businesses following the drastic fall of eggs prices despite rise in the cost of production. The
Unilever unveils programme to support women in businesses
The women entrepreneurs will get support in developing their businesses into sustainable and profitable ventures by 2026. Plans to join forces with Absa Bank
Tea auction prices hit two-year low
Signals low returns for farmers amid a strengthening shilling against the US dollar. The drip comes amid oversupply in the global markets. Tea farmers
Bad news for alcohol lovers as EABL hikes prices
Notable increases are in Whitecap light, Tusker Lite and Malt which have increased by Sh20. Whisky, brandy, vodka, gin, liqueur and ready-to-drink consumers will
748 Air Services to continue Nairobi-Kisumu flights
All public gatherings have also been banned in Busia, Vihiga, Kisii, Nyamira, Kakamega, Kericho, Bomet, Bungoma, Trans Nzoia, Kisumu, Siaya, Homa Bay and Migori
Horticulture Workers Union cry foul
The Kenya Export, Floriculture, Horticulture and Allied Workers Union (KEFHAU) has decried rising cases of casualization of labor in the sector. The union is
Household debts pushed shopkeepers out of business
Remittances from breadwinners, dropped by a whopping 40 per cent between April and September 2020.Generally, borrowing for survival was the leading coping mechanism for
Kenya banking on Africa trade deal to boost Lamu port
Kenya Export Promotion and Branding Agency (KEPROBA) says Lamu will be instrumental in integrating Africa and anchoring Africa to the world. The government has
Lockdown costing Kenya Sh323m daily in agriculture revenue–report.
Other sources of income like poultry and livestock remain unsustainable due to low demand. Agriculture tops the sectoral contribution to Kenya’s economy, accounting for