What Every Kenyan Should Know Before Joining A SACCO: Risks, …
Nov 12, 2024 · The process of reclaiming your deposits also reflects a broader liquidity challenge within SACCOs. While SACCOs are generally more flexible than banks when it comes to offering loans, their funding pools rely heavily on active and contributing members.
Kenyan Government To Launch 1,236 Projects In 34 Counties
Dec 6, 2024 · The government, through the National Treasury, has launched the implementation of 1,236 projects valued at Ksh. 8.1 billion aimed at ensuring that essential services reach approximately 6 million Kenyans living in marginalized areas across 34 counties.
The Hub Karen Mall unveils The Hub Park - Kenya’s Largest Indoor …
Dec 10, 2024 · The Hub Karen, Nairobi’s leading shopping and lifestyle destination, has officially opened The Hub Park, the largest indoor play area in East Africa. Spanning an impressive 3,200 square meters, this state-of-the-art family entertainment center is designed to offer a thrilling, interactive experience for both children and adults alike.
Kenyan Households Face A 12% Income Erosion In Two Years As …
Oct 26, 2024 · Inflation is eating into the average Kenyan's ability to save and invest. The already low savings rate is expected to drop even further as households struggle to make ends meet. Without savings, investments in long-term goals like homeownership, entrepreneurship, or retirement become impossible. In three years, we might see a situation where the majority of Kenyans have no financial safety net ...
Sophos Unveils China-Based Threats In Pacific Cyber Defense
Nov 4, 2024 · Sophos, a global leader in innovative security solutions for defeating cyberattacks, today released “ Pacific Rim,” a report detailing its defensive and counter-offensive operation over the last five years with multiple interlinked nation-state adversaries based in China targeting perimeter devices, including Sophos Firewalls.
Top 20 CEOs Across All Sectors Crafting A Better Kenya Everyday …
Nov 14, 2024 · In a dynamic economy like Kenya's, leadership at the highest levels has a profound impact on both corporate growth and national development.
Ruto Leads African Economic Bigwigs In Kisumu To Discuss …
Nov 28, 2024 · Over 250 Sub-Sovereign government leaders from across Africa are today meeting in Kisumu, Kenya, for the the fourth edition of the African Sub-Sovereign Governments Network (AfSNET) Conference. Taking place between the 25 th and 27 th of November, the event provides a platform for Sub-Sovereign leaders and businesses to discuss how their local governments can attract investments in the region ...
The Electric Bikes Anchored On Power, Speed, And Silence That Is ...
Oct 17, 2024 · Imagine zipping through Nairobi’s bustling streets, effortlessly overtaking traffic jams while basking in the silence of an electric engine. This is not a vision of the future; it’s the present-day reality with Spiro Kenya’s electric bikes, a game-changer in clean, efficient, and sustainable transport.
Employed Kenyans Are More Stressed Than The Unemployed
Nov 12, 2024 · They surveyed over 10,000 participants from 11 global markets across eight factors of well-being, including emotional, environmental, financial, intellectual, occupational, physical, social, and spiritual. According to the report, employed women in Kenya are more stressed than employed men, at 89 percent for women compared to 81 percent for working men. Men being less stressed declined by 13 ...
Shock As Kenyan Saccos Are Taking Bank Loans To Pay For …
Dec 16, 2024 · The practice of Saccos borrowing loans to pay dividends is a glaring red flag for financial mismanagement that jeopardizes the fundamental principles of cooperative movements. Saccos are designed to promote financial inclusion by pooling member resources and generating returns through prudent investments.