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Gov’t says 17,000 Kenyans have signed up to housing fund salary deductions
By Kepha Muiruri,
2120, December 10, 2019 (EAT)
17,000 Kenyans have begun making voluntary deductions to the State’s affordable housing plan, the State Department of Housing has confirmed. The ...
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UAP, Eaagads issue first profit warnings on expected 2019 earnings
By Kepha Muiruri,
2019, November 14, 2019 (EAT)
Insurer UAP-Old Mutual and coffee grower Eaagads have become the first publicly trading firms to issue profit warning on expected 2019 earnings. In...
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HF Group keen on diversifying investments away from real estate
By Kepha Muiruri,
1932, October 14, 2019 (EAT)
Mortgage financier Housing Finance (HF) has expressed its keenness to move away from the real estate comfort zone highlighting the significant shift i...
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MPs approve request to raise debt ceiling to Ksh.9 trillion
By Chemutai Goin,
1604, October 10, 2019 (EAT)
Members of Parliament on Wednesday approved a request by the National Treasury to raise the public debt ceiling to Ksh.9 trillion from Ksh.6 trillion....
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Housing Finance is 2nd African company to set up WhatsApp banking
By Faizal Ahmed,
1517, September 5, 2019 (EAT)
Housing Finance has launched a WhatsApp banking solution that offers customised mobile services to its customers. It becomes the second company in ...
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HF Group posts Ksh.97 million half-year loss
By Kepha Muiruri,
1723, August 29, 2019 (EAT)
The Housing Finance (HF) Group has reported a Ksh.97 million loss for the first six months of operations in 2019. The loss which is against a narro...
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Court orders Family Bank to pay former MD Munyiri Ksh.30M
By Sophie Njagi,
1357, June 15, 2019 (EAT)
The Labour Court in Nairobi on Friday ordered Family Bank to pay its former MD Peter Munyiri Ksh.30 million after he succesfully contested an unpaid g...
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Sponsored: The senior citizens’ Independent Living Communities
By Sponsored,
1628, June 10, 2019 (EAT)
By Benard Ojwaya With Kenya’s population estimated at 52 million and projected to rise to 66 million in 2030, senior citizens (60+) will account ...
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100 acres set aside at Tatu City for gov’t housing project
By Benjamin Muriuki,
1857, June 2, 2019 (EAT)
One-hundred acres of land have been set aside at Tatu City for development of housing units under the government's Affordable Housing Programme in the...
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World Bank grants Kenya another Ksh.75 billion loan
By Faizal Ahmed,
2145, May 29, 2019 (EAT)
The World Bank has approved a Ksh.75 billion loan to Kenya for budgetary support. This is the first time in years the World Bank is putting cash st...
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Innovation key in provision of affordable housing, says President Kenyatta
By PSCU,
1606, May 29, 2019 (EAT)
President Uhuru Kenyatta has said the Government is working on innovative ways of delivering affordable houses to Kenyans. The President said the g...
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Court consolidates 11 cases challenging 1.5% housing levy
By Dzuya Walter,
1326, May 27, 2019 (EAT)
The High Court has consolidated 11 cases challenging a plan by the government to deduct a 1.5% levy from employees salaries for the creation of a hous...
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Legacy of lunacy haunts old Kenya railway. Will China’s Ksh.364B line be different?
By CNN,
1239, May 21, 2019 (EAT)
In 1903, British colonial administrator Sir Charles Norton Edgecumbe Eliot made a bold statement: "It is not uncommon for a country to create a rai...
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Court extends orders suspending 1.5% housing levy
By Dzuya Walter,
1126, May 20, 2019 (EAT)
The High Court in Nairobi has extended orders barring the government from implementing the 1.5% housing levy until May 27, 2019. Justice Maureen On...
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FULL LIST: Uhuru appoints former MPs, Governor to top parastatal jobs
By Benjamin Muriuki,
1616, May 4, 2019 (EAT)
A handful of individuals who lost in the last General Election have been awarded plum parastatal jobs as board directors and board members. In also...
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World Bank approves Ksh.25B loan to Kenya for affordable housing
By Reuters,
1047, May 2, 2019 (EAT)
The World Bank approved a $250 million loan to Kenya to help with affordable housing in the East African nation, where many would-be home owners strug...
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Kenyans disappointed as gov’t fails to announce pay raise on Labour Day
By Benjamin Muriuki,
1929, May 1, 2019 (EAT)
Kenyan workers were left disappointed after the government failed to announce an increase in the minimum or general wage during Labour Day celebration...
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Labour Day celebrations kick off
By Citizen Reporter,
902, May 1, 2019 (EAT)
As Kenyans countrywide mark Labour Day celebrations, the Federation of Kenya Employers (FKE) has opposed a proposal by the Central Organisation of Tra...
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Mauritian insurer to acquire Kenyan insurance firms in Ksh.3B investment
By Kepha Muiruri,
1957, April 17, 2019 (EAT)
Mauritius United Assurance (MUA) has set its sights on Kenyan insurers in a fresh Ksh.3 billion (USD 30 million) investment. The new facility follo...
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Gov’t wants Housing levy to take effect next month
By Citizen Reporter,
150, April 17, 2019 (EAT)
Net salary of employees in the public & private sector is expected to dip 1.5percent in May as the Government directive to deduct housing levy tak...
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