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Housing Finance secures Ksh.1B from shareholder Britam
By Kepha Muiruri,
1455, January 20, 2021 (EAT)
Lender Housing Finance has received Ksh.1 billion in new funding from on of its major shareholders in Britam Holdings. The tier II capital injectio...
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Kenyan banks begin issuing cheap mortgage loans
By Kepha Muiruri,
2102, December 17, 2020 (EAT)
Kenyan commercial banks have begun issuing cheap mortgage loans following access of State backed financing. On Thursday, the Kenya Mortgage Refinan...
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Housing Finance loss expands by nearly eight times to Ksh.730M
By Kepha Muiruri,
1115, November 30, 2020 (EAT)
Housing Finance Group has announced a near eight time expansion in loss making across nine months to September 30 to Ksh.730.2 million. The greater...
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BWIRE: After public lynching of KEMSA, what next?
By Guest Writer,
1810, November 23, 2020 (EAT)
By Victor Bwire The usual mob injustice, transactional nature and emotional approach to dealing with fraud and corruption in public institutions in...
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Highlights from President Kenyatta’s State of the Nation Address
By Benjamin Muriuki,
1853, November 12, 2020 (EAT)
President Uhuru Kenyatta has sought to reassure Kenyans that the State of the Nation is strong despite the economic disruptions brought about by the C...
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Centum Real Estate to issue Ksh.4B project bond for housing projects
By Citizen Reporter,
1011, October 27, 2020 (EAT)
Centum Real Estate Limited, a subsidiary of the NSE-listed Centum Investment Company Plc, is looking to float a Ksh.4billion project bond to finance i...
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Governor Muthomi Njuki to spend another night in cell as bail ruling moved to Wednesday
By Dzuya Walter,
1252, September 8, 2020 (EAT)
Tharaka Nithi Governor Muthomi Njuki and his co-accused will spend another cold night in police cells pending a ruling on their bail application on We...
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Tharaka Nithi Governor Muthomi Njuki surrenders to the EACC
By Tonny Ndungu,
1241, September 7, 2020 (EAT)
Tharaka Nithi Governr Muthomi Njuki has surrendered to the Ethics and Anti-corruption Commission, reports say. The embattled governor surrendered o...
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Kenyan insurers’ performance bitten by familiar bug
By Kepha Muiruri,
1206, September 5, 2020 (EAT)
Top insurance firms have marked significant profit declines with some posting losses as their performance tumbles under the weight of declining return...
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DPP orders arrest of Tharaka Nithi Governor Muthomi Njuki over irregular award of Ksh.34M tender
By Ian Omondi,
1746, September 4, 2020 (EAT)
Director of Public Prosecutions (DPP) Noordin Haji has ordered the arrest and prosecution of Tharaka Nithi Governor Muthomi Njuki a well as various co...
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Housing Finance half year loss extends to Ksh.296 million
By Kepha Muiruri,
1419, August 28, 2020 (EAT)
Housing Finance (HF) Group has sunk deeper into the loss making territory with its half year loss extending by three times to Ksh.295.5 million. Th...
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Shelter Afrique to return to bond market as loss shrinks to Ksh.63 million
By Kepha Muiruri,
943, July 14, 2020 (EAT)
Pan-African affordable housing firm Shelter Afrique has set its sights at a return to the corporate debt market after cutting its full year loss by 94...
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MPs shoot down taxes on pensions, cooking gas in Finance Bill adoption
By Kepha Muiruri,
1125, June 24, 2020 (EAT)
The 2020 Finance Bill sailed through the floor of the National Assembly as Members of Parliament shot down proposals by Treasury to raise taxes from p...
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Beryl Okumu to chair the Governing Council of Kenya Water Institute
By Citizen Reporter,
1907, June 22, 2020 (EAT)
Beryl Okumu has been appointed as the chairperson of the Governing Council of Kenya Water Institute. In a Gazette notice dated June 19, 2020, Water...
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Pensioners spared from tax as Kenyans are handed cheaper Unga
By Kepha Muiruri,
954, June 19, 2020 (EAT)
The National Assembly Finance and National Planning Committee has thrown out proposals that would have seen monthly pension payment attract tax paymen...
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‘I have no regrets!’ Moses Kuria accepts removal from National Assembly committee
By Ian Omondi,
1434, June 8, 2020 (EAT)
Gatundu South Member of Parliament Moses Kuria has accepted his recent removal as Vice Chairperson of the Transport, Infrastructure, Public Works and ...
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How Nairobi County will be affected by the takeover by National Gov’t
By Sam Gituku,
2129, February 26, 2020 (EAT)
The transfer of some of Nairobi City County functions may have serious ramifications on the county’s control of resources with the move likely to ta...
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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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