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Govt to Offer Up to Ksh300,000 Loans for Kenyans Seeking Jobs Abroad

February 19, 2025 0Comments

The government will offer loans of up to Ksh300,000 to Kenyans seeking jobs abroad. The funds will be drawn from the Youth Enterprise Development Fund (YEDF). The Youth Fund’s primary…

World

CBK Cuts Lending Rate by 50 Basis Points, Boosting Hopes for Cheaper Loans

February 5, 2025 0Comments

The Central Bank of Kenya (CBK) has cut the benchmark interest rate by 50 basis points to 10.75 per cent. This marks the fourth consecutive rate cut. “Lower the Central…

World

Omtatah Takes on IMF and World Bank Over Loans to Kenya, Threatens Court Battle

February 1, 2025 0Comments

Busia Senator and Lawyer Okiya Omtatah has faulted the International Monetary Fund (IMF) and the World Bank for enabling the ballooning of Kenya's debt by continuing to provide the funds…

World

Low interest rates, reforms spur high loans to coffee farmers – Kenya News Agency

December 25, 2024 0Comments

Around 500 small scale farmers drawn from 27 counties out of 32 coffee growing regions, have borrowed Sh6.7 billion from the Coffee Cherry Advance Revolving Fund. This is thanks to…

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