Author: David Indeje

SIC Investment Cooperative’s The Miran Residence, is nearing completion, with 76% of units already sold. Located in Ruaka, Kiambu County, the project offers a range of affordable housing options, including studio apartments, one-bedroom, and two-bedroom units. The project is expected to be fully completed by November 2025. Key features of the project include studio apartments with dual-level living spaces. Daniella Nyakuraya, Housing Unit Manager, SIC says the units are priced competitively within the affordable housing segment. Pricing and Payment Options Studio Apartment: KSh 3,200,000 Studio Loft: KSh 4,300,000 One-bedroom Unit: KSh 5,000,000 Two-bedroom Unit: KSh 6,500,000 “The studio loft is…

Edible oil manufacturers in Kenya have attributed the recent increase in cooking oil prices to a new 10% import duty on crude palm oil imposed by the East African Community (EAC) in June 2024. President William Ruto’s administration implemented the 10% import duty on crude palm oil. The East African Gazette Notice published on June 30, 2024, confirmed Kenya’s application to raise the duty from 0%. Uganda also raised its import duty on crude palm oil. Consumers face higher prices for cooking oil, soap, margarine, and cosmetics. In addition, a litre of cooking oil could rise from KSh 330 to…

HMD, a leader in mobile technology, has finally launched its highly anticipated Skyline series in the Kenyan market. The Skyline devices offer exceptional functionality, impressive battery life, and a stylish design. Maureen Kambona, the HMD Regional Marketing Manager for West, East & Central Africa, remarked, “Our focus has always been on delivering meaningful technology that serves people everywhere.” “By blending Nokia’s rich legacy with our forward-looking approach, we are shaping a new era of innovation where partnerships and purpose-driven design are central to everything we do.” https://youtu.be/Rzkh7KaYvWk Key Features of the HMD Skyline The HMD Skyline features a stunning 6.5-inch…

Kenya’s economic growth rate dipped to a two-year low in the second quarter of 2024. Data from the Kenya National Bureau of Statistics (KNBS) said the country’s GDP expanded by 4.6%, down from 5.6% in the same period of the previous year. “The growth, albeit slower than the corresponding quarter of 2023, was to a considerable extent supported by Agriculture, Forestry & Fishing (4.8%), Real Estate (6.0%), Financial & Insurance Activities (5.1%), and Wholesale & Retail (4.4%),” said the statistics body. “However, the growth was somewhat hampered by contractions in the Mining & Quarrying and Construction sectors during the quarter…

Kenya is accelerating its decarbonization efforts by adopting cutting-edge energy efficiency and saving technologies. The Energy and Petroleum Regulatory Authority (EPRA) is spearheading initiatives to promote clean energy cooking, energy efficiency, electric mobility, and Battery Energy Storage Systems (BESS). Mr Daniel Kiptoo, Chair of the Global Energy Regulatory Energy Transition Accelerator (RETA), at the Clean Energy Ministerial (CEM) meeting in Foz do Iguaçu, Brazil, disclosed that Kenya plans to install its first 100 MW BESS this year, with an ambitious target of reaching 350 MW by 2026. This aligns with the World Bank-funded GREEN program and demonstrates Kenya’s commitment to…

The Kenyan government’s proposed Computer Misuse and Cybercrime (Amendment) Bill, 2024, has sparked widespread concern among civil society organizations and digital rights advocates. The bill, sponsored by Wajir East MP Aden Daudi, aims to strengthen existing legislation by introducing new sections targeting offences linked to digital platforms. While the bill seeks to deter misuse of social media by introducing penalties for acts such as identity theft, SIM-card fraud, and promoting illegal activities, critics argue that its provisions could be used to stifle free speech and undermine democratic principles. NC4 granted broad powers to block websites and applications One of the most…