Kenya’s November inflation eased to 9.50%, down from a five-year high of 9.60% in October 2022, on reduced prices of food and non-alcoholic beverages. Data from the Kenya National Bureau of Statistics (KNBS) shows that the annual food inflation stood at 15.40%, down 40 basis points from 15.80% in October. “The overall year-on-year inflation rate as measured by the Consumer Price Index (CPI) was 9.5 percent in November 2022. The rise in inflation was largely due to the increases in prices of commodities under food and non-alcoholic beverages (15.4%); transport (11.7%), and housing, water, electricity, gas and other fuels (6.1%)…
Author: David Indeje
M-PESA Go will enable young users between 10 to 17 years old to send or receive money, buy airtime and bundles, use Lipa na M-PESA services and access the M-PESA Go App, a customized version of the M-PESA Super App.
The utility company said a fault had caused the outage at the Isinya substation.
GOtv Kenya has expanded its network size by commissioning the fifth signal transmission site in Taita Taveta, targeting over 53,000 households in the county. The launch of the new GOtv site in Taita Taveta brings to 29 the total number of transmission stations offering a signal coverage of up to 80% across the country. https://twitter.com/GOtvKenya_/status/1595780154877702144?s=20&t=e8kE2vFUNTQ2KLLRzXOX7A The new transmission site is located at Mwakingale Hill on the outskirts of Voi town and will serve the residents of Voi Town and its environs, Tsavo East, SDA Taita Village, Manyatta, Maungu, Ndara, Taita Taveta University, Landi, Chakaleri, Mwatunge, Mzwanenyi Ikanga and Ndome. Nancy…
The Monetary Policy Committee decided to raise the Central Bank Rate (CBR) from 8.25 per cent to 8.75 per cent.
• This was largely attributable to a 32% and 25.6% uptick in Non-Funded Income (NFI) and Total Interest Income.

