Category: Kenya
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5000 affordable housing units are now available across Kenya, boosting homeownership and economic growth while addressing the country’s housing deficit.
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Kenya plans its first nuclear plant by 2027, investing KES 500B to boost energy security and industrial growth and reduce reliance on fossil fuels.
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BOA reduces lending rates from 18.59% to 17.59%, easing loan costs for businesses and individuals. The new rate applies immediately for new loans.
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Inflation impacts bank profitability by increasing income while raising costs and risks. Effective management is key to maintaining stability and growth.
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Kenya enforces new Sand Harvesting Regulations to ensure sustainability, protect the environment, and regulate the industry with strict licensing and penalties.
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Kenya: Producer Responsibility now law! Manufacturers and importers must manage product end-of-life per new EPR regulations. Register with NEMA within 6 months.
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KenGen’s forum provides procurement opportunities for youth, women, and people with disabilities, increasing their access to government contracts and support.
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The Kenya Shilling stability continues, maintaining a steady exchange rate amid robust foreign exchange reserves and increasing remittances in early 2025.
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Petrol prices in Kenya remain unchanged despite rising global costs. EPRA’s decision offers temporary relief, but future price hikes may be inevitable.
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Motorists should anticipate traffic disruption at Juja Highpoint due to footbridge construction. Plan to avoid delays on Thika Superhighway.