
Margaret Njugunah
572 articles published since 26 Aug 2021
572 articles published since 26 Aug 2021
Kenyans have taken to social media to react to the news of the closure of the Hilton Hotel. Some worried about the expected job loss, others about the sector.
Hilton Hotel has announced plans of shutting down its iconic city hotel after 50 years of operations. However, Hilton said it would retain its other hotels.
Kenya will begin to import a third of its fuel from the United Arab Emirates (UAE) on loan. The move comes when the country faces another possible shortage.
The International Monetary Fund projects the Kenyan economy to grow by 5.7% in 2022, supported by agriculture and the services sectors, amid robust recovery.
The Mitumba Association of Kenya want centres where they can sort clothes for re-exporting established. The dealers said the centres would also create jobs.
Data indicates that the State Department of Transport plans to spend KSh 151.0 million in rehabilitating airstrips in Kisii, Nyeri, Nyamira and Siaya counties.
A report by Cytonn Investments has projected that the annual inflation will fall within the ranges of 5.8% and 6.2% in April 2020 as food and fuel prices rise.
Kenya’s public debt remained sustainable during the late President Mwai Kibaki’s reign but shot through the roof during the reign of President Uhuru Kenyatta.
The Kenya Mortgage Refinance Company has given Co-Operative Bank a KSh 549.8 million loan to offer affordable housing mortgage loans to low income earners.
Margaret Njugunah
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