Author: David Indeje

The Central Bank of Kenya (CBK) has been advised by the Kenya Bankers Association (KBA) to continue tightening its monetary policy stance. “We argue that a further (moderate) monetary policy tightening would support measures taken previously to tame inflationary pressures and rising inflationary expectations, cool off credit demand (and supply) while averting a sharper build up in non-performing loans, help achieve a moderation in the trend depreciation of the exchange rate, all for enhanced macroeconomic stability,” said KBA in its Research Note NO.69 – 2023 (RN/69/24). The next decision-making meeting is scheduled for October 3rd, 2023. The CBK’s Monetary Policy…

The Ministry of Labour and Social Protection in Kenya has declared its intention to close all children’s homes in the country. This move is part of the ‘Deinstitutionalisation of Children’ program, as disclosed by Cabinet Secretary Florence Bore during her visit to the Child Welfare Society of Kenya. The deinstitutionalization initiative is designed to overhaul the childcare system by gradually phasing out orphanages and children’s homes. The plan is to place vulnerable children in nurturing, family-like environments within foster homes identified by the government. Cabinet Secretary Bore explained that this initiative aims to replace institutional support with warm, nurturing environments…

Kenya’s monthly inflation experienced a slight increase of 0.1%, rising to 6.8% from 6.7% in August. This rise was primarily due to the escalating costs of both food and non-food items. According to the Consumer Price Index (CPI) and inflation rate data from the Kenya National Bureau of Statistics (KNBS), there was a noticeable increase in the prices of commodities related to transport, food and non-alcoholic beverages, and housing, water, electricity, gas, and other fuels. From September 15 to October 14, 2023, fuel prices saw a significant hike with Super Petrol increasing by 8.7% to Kshs 211.6 per litre, Diesel…

In the rapidly advancing world of smartphone technology, users are constantly seeking devices that push boundaries. OPPO Kenya’s latest offering, the Reno10 series, aims to deliver this experience. The Reno10 5G, a standout in this innovative series, is designed to provide users with unmatched charging speed and enduring battery life. The Reno10 series, a blend of state-of-the-art technology and unwavering commitment to user satisfaction, is a testament to OPPO’s relentless pursuit of innovation. SUPERVOOCTM: Lightning-Fast Charging The Reno10 5G leads the series with its super-charged 67W SUPERVOOCTM. Its large 5,000mAh battery can be fully charged in 47 minutes, and a…

Google, the world’s most popular search engine, celebrated its 25th anniversary on Wednesday, September 27.  The company marked the occasion with a special doodle that transforms ‘Google’ into ‘G25gle’, symbolizing the 25 years.  Clicking on the logo triggers a confetti animation on the page. Happy 25th birthday @Google! 🎂 Thanks to everyone who uses our products and challenges us to keep innovating and to all Googlers! pic.twitter.com/bO3cI0DgvZ — Sundar Pichai (@sundarpichai) September 27, 2023 In a blog post, Google reflected on its journey over the past 25 years, stating, “Much has changed since 1998 — including our logo as seen…

A study conducted by the African Population and Health Research Center (APHRC), Miss Koch Kenya, and the Directorate of Children’s Services, Nairobi County, has revealed alarming statistics about adolescent pregnancies in Korogocho. A significant 77% of these pregnancies were unplanned, highlighting the urgent need for comprehensive programs and policies to address the various factors contributing to early pregnancy. “The study illustrates the socioecological factors that predisposed girls to early and unintended pregnancy. Lack of correct contraceptive knowledge and access, poverty, peer pressure, family conflict and breakdown, and lack of family support and supervision were the main factors associated with early…