Equity Bank Slashes Lending Rates Following Central Bank’s CBR Reduction
Equity Bank (Kenya) Ltd has announced a reduction in interest rates for all new and existing Kenya Shilling-denominated credit facilities.…
Month: November 2024
Counties Face Cash Crunch as Treasury Denies Debt Claims
In a quick rebuttal, the Treasury insisted it owes counties no pending funds except for the November allocation. “As of…
Nyandarua MCAs Split Over Impeachment Motion Against Governor Moses Kiarie Badilisha
Nyandarua Members of the County Assembly (MCAs) are sharply divided over whether to support a motion to impeach Governor Moses…
Moi University Strike Escalates: Students Stuck in Limbo as Staff Hold Firm on Demands
Richard Okore, the chairman of the University Academic Staff Union (Uasu) at Moi University, has clarified that students should not…
Governor Barasa Defends Development Record as Malava Gains Municipality Status
By Wakhungu Andanje Kakamega Governor Fernandez Barasa has dismissed criticism of underdevelopment in his administration, asserting that he remains focused…
Auditor General Flags Kenya’s Roads Agencies for Massive Financial Irregularities
The report highlights unsupported cumulative payments of Ksh 7.6 billion, unexplained overspending on the Kenol-Sagana-Marua highway under KeNHA and under-budgeting…
KeNHA Faces Backlash Over Delayed Repairs on Highway Damaged During Nairobi Expressway Construction
KeNHA initially promised the highway would be fully rehabilitated within 18 months, but with little visible progress, that timeline is…
DCI and PPB Uncover Massive Drug Theft at KEMSA Worth Hundreds of Millions
The Directorate of Criminal Investigations (DCI) and the Pharmacy and Poisons Board (PPB) are said to be conducting an undercover…
President Ruto Plans Major Cabinet Shake-Up Ahead of Thursday’s State of the Nation Address
The Ministry of Interior has remained without a substantive Cabinet Secretary since Prof. Kithure Kindiki’s elevation to Deputy President following…
House Committees Face Shake-Up as Former DP Gachagua’s Allies Targeted in December Purge
Committees on the chopping block include the Budget and Appropriations Committee, chaired by Kiharu MP Ndindi Nyoro, and others chaired…