President William Ruto announced on Wednesday, February 14, 2024, in Murang’a County, that the Kenyan Shilling is poised to achieve unprecedented strength, a feat never witnessed before. Addressing the public, President Ruto provided assurance regarding the imminent strengthening of the national currency. He remarked, “I want to assure you that the shilling has been stabilizing; […]
Kiharu Member of Parliament, Ndindi Nyoro, has declared his unequivocal support for Deputy President Rigathi Gachagua, asserting that Gachagua is the de facto political leader of the Mt Kenya region. Nyoro expressed his endorsement during a fundraising event at Bishop Gatimu Kinyona Girls in Murang’a County. The event, hosted by nominated Member of Parliament Sabina […]
As a result of the automation of settlement and trading operations at the Nairobi Stock Exchange (NSE), the bond market has experienced heightened turnover and increased liquidity. In pursuit of fostering a dynamic bond market to mobilize capital and long-term savings, the government has implemented reforms. These initiatives play a crucial role in advancing the […]
For a considerable period, my desire to invest in Government treasury bills and bonds remained dormant. As a self-proclaimed layman, the imposing structure of the Central Bank of Kenya (CBK) only heightened my apprehension. However, my reluctance eventually gave way to curiosity and, in 2014, I decided to delve into the world of Government securities, […]
Lately, investors have many options to boost their savings. A few of the best investments that offer competitive returns and no risk to principal include high-yield savings accounts, certificates of deposit (CDs), and Treasury bills. T-bills have been a popular option lately thanks to their attractive returns in light of rate hikes by the Fed. High-yield savings accounts currently offer […]
In a recent interview with Gukena FM, Sabina Chege, a Nominated Member of Parliament, shared her perspective on the efficacy of street protests as a means to combat femicide. While acknowledging the commendable efforts behind such demonstrations, Chege emphasized the necessity for a more targeted and strategic approach to effect lasting change. Chege stressed the […]
President William Ruto remains resolute in his commitment to advancing his administration’s affordable housing initiatives, despite the recent decision by the Court of Appeal not to suspend a High Court order declaring the housing levy unconstitutional. Addressing the public in Kiutine, Meru County on Friday, Ruto emphasized that, regardless of the court ruling, he has […]