The first phase of the Loft Residences project has been completed. The Loft residences by Centum Real Estate is the second estate at Two Rivers Development after the Riverbank Apartments, which launched in 2022. Phase one consists of 32 luxurious four-bedroom duplexes, which sit on 3.9 acres in Two Rivers, each measuring 3,014 sq ft. Loft residences bring the total number of houses handed over by the developer in the last two years to 656. “You’re not just buying a home at Loft Residences, but a lifestyle. You can take a walk at night, watch a movie, do your shopping…
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
Cameroonian songstress Posi teams up with Dj Wicked for an extensive journey on love. Posi has carved a name for herself by staying consistent, and on their new collaborative EP with Dj Wicked, she croons on the highs and lows of love as they continue in their string of sonically cohesive projects. ‘Troubles Of The Heart’ comes with an endearing production from lovelorn souls with an emotional, introspective journey filled with music that celebrates the beauty and complexity of life and love. Love is a difficult game and can sometimes leave us feeling worthless and confused about whether to stay…
Insurance underwriters evaluate and analyze the risks involved in insuring people and assets. They establish pricing for accepted insurable risks. Often, they use specialized software and actuarial data to determine the likelihood and magnitude of risk. Underwriters assume the risk of a contract with an individual or entity. For instance, an underwriter may assume the risk of the cost of a fire in a home/business in return for a premium or a monthly payment. Does your small business need insurance underwriters? No business, big or small, exists in a vacuum. The beauty of any business is competition. Competition helps one’s…
I&M Bank has permanently dropped fees for transferring cash between its platform and mobile wallets. “We believe this move will offer new and existing customers a huge relief during tough economic times and encourage more customers to transact on mobile,” I&M general manager for digital business Michael Mwangi said. “As part of our approach to service delivery, recent customer feedback showed that as much as our transaction rates are favourable, there was an opportunity to review our policies on bank-to-mobile money wallet charges for the digitally active customer.” The Central Bank of Kenya had, on December 6, 2022, granted banks the…
Kenya’s foreign exchange reserves continue to fall and currently stand at USD 6.939 billion (3.88 months of import cover) as of February 9, 2023, down from USD 7.0 billion recorded the previous week. As a result, according to the most recent Central Bank of Kenya (CBK) data, the country’s months of import cover remained relatively unchanged at 3.9 months, falling just short of the statutory requirement of at least 4.0 months of import. However, the CBK has maintained that they meet their statutory requirement to endeavour to maintain at least four months of import cover. “It’s not like a trap…
Construction of the Ksh 30 billion Nairobi Central Train Station is finally underway. The director general of Kenya Railways, Philip Mainga, says the overall scope of phase one will involve the construction of a pedestrian footbridge across the Nairobi Railway Yard. Mr. Mainga stated on Monday that the contractor is already on site and that changes will be visible soon. “Owing to its strategic location, The Nairobi Central Station area will be developed into an iconic nerve centre for the Nairobi Multimodal Transport System,” he notes. The project involves constructing a 425-acre urban development between Haile Sellasie Avenue, and Uhuru…