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  • Kenya smallholder tea farmers earn Sh63.6 billion from tea exports

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Commercial banks maintain high rates for mortgage despite pleas from government

By Joseph Mwangi

Commercial banks have maintained high borrowing rates for mortgage despite the negative impact on the housing market, says The Mortgage Company and Hass Consult.DP William Ruto has asked banks to reduce interest rates to spur economic growthDP William Ruto has asked banks to reduce interest rates to spur economic growth

The first quarter of 2014 mortgage report unveiled Thursday, the two echoed views and sentiments expressed by Deputy President William Ruto who has now called for the banks to lower interest rates across board.

Prices for houses improves but mortgage market remained sluggish

By Ben Kinyanjui

 

Prices and rents for houses in Nairobi recorded a hike in the first quarter of this year but mortgages market remained subdued.Ms Sakina Hassanali, head of marketing for Hass Consult says prices have improved .Ms Sakina Hassanali, head of marketing for Hass Consult says prices have improved .

According to Hass consult property sales volumes also picked up from January and February but remained strongest in March.

Kenya loses Sh27 billion due to poor sanitation, says secretary Judy Wakhungu

By Agencies

Kenya is losing Sh27 billion annually due to poor sanitation and hygiene, cabinet Secretary for Water, environment and natural resources Ms Judy Wakhungu has said.Less than half the Kenyan population have access to clean waterLess than half the Kenyan population have access to clean water

She however reiterated Kenya’s commitment to provide clean water and improve sanitation in order to bolster its’ citizen’s health.

Naivas shoppers to get goods on credit after signing deal with afb

By Ben Kinyanjui

Shoppers at Naivas supermarkets will now be able to buy goods on credit following a partnership between the company and consumer finance company, afb.The partnership is expected to boost sales volumeThe partnership is expected to boost sales volume

Speaking during the announcement of the partnership (Monday), afb’s Managing Director - Cards, Brett van Aswegen said that the company is excited to partner with one of the leading retailers in Kenya, Naivas towards offering affordable credit card facilities to the mass market in the country.

Mothers and children do not need to die from preventable diseases, says Margaret Kenyatta

By Margaret Kenyatta

For them women, the experience of childbirth is one filled with fear, pain, sorrow and even death.Mrs Kenyatta says women and children should get better access to health careMrs Kenyatta says women and children should get better access to health care Should they survive the delivery, they are frightened that their baby is going to die, that their baby will not make it past the first few weeks of its life or even their first day. It breaks my heart knowing that these mothers and children do not have to suffer or die.

President Uhuru Kenyatta apologises over Rwanda genocide 20 years ago

By PSCU

President Uhuru Kenyatta t has formally apologized to Rwanda over failure by the East African States to step in and save the country from the horrendous 1994 genocide.President Uhuru Kenyatta is the chairman of EAC President Uhuru Kenyatta is the chairman of EAC

President Kenyatta said although the rest of the world had maintained a studious silence as Rwandan Hutus killed members of the Tutsi ethnic community, it was not justified for the East African region to also stand aside without taking action.

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