Author: David Indeje

As part of its commitment to changing the real estate market by understanding and satisfying the needs of potential and future homeowners, VAAL Real Estate has completed its apartment project in Kileleshwa, Nairobi. The development comprises of one, two, and three-bedroom apartments dubbed ‘Moon Valley’. Located in Kileleshwa along Mandera Road, the Moon Valley Dubai style Apartments are sophisticated and luxurious inspired by the glorious sand-castle designs in Dubai. The property seats on 0.8 acres comprising of 3 blocks, Block A with 28 units, B 56 units, and C 84 Units totalling 168 units. It has taken four years…

Diaspora remittances inflows into Kenyaremains as strong as ever despite the global downturn caused by the Covid-19 pandemic says the Central Bank. Data from the Central Bank indicates that remittance inflows remained strong in September amounting to USD 260.7 million compared to USD 214.7 million in September 2019, an increase of 21.4 percent. The cumulative inflows in the 12 months to September totalled USD 2,967 million compared to USD 2,786 million in the 12 months to September 2019.  The US remains the largest source of remittance flows to Kenya recording a growth of 25.2 percent in the year to September.…

Kenya’s national football team, Harambee Stars, improved 3 spots to be placed at the 103rd position in the latest FIFA world rankings released Thursday. The national team has 1205 points, four behind Libya, and one ahead of Palestine. Uganda is the highest-ranked nation from the CECAFA region with 1321 points in 78th position. Senegal remains Africa’s highest-ranked team in the 21st position, followed by Tunisia in 26th and Algeria in the 30th. Nigeria and Morocco complete the African top 5 in 32nd and 39th positions respectively. Top ten teams in Africa 1.Senegal 2.Tunisia 3.Algeria 4.Nigeria 5.Morocco 6.Ghana 7.Egypt 8.Cameroon 9.Mali…

Kenya tea exports have dipped marginally from 337,000 tons in 2019 to 323,000 tons in 2020 according to data. The Tea Directorate says this is due to a decrease in the demand for the produce in the world market which witnessed a 7 percent drop in exports to Pakistan and a 14 percent drop in exports to Egypt.  Pakistan is Kenya’s largest market, shipping about 36 percent of the total production. On the other hand, the volume of tea produced in the eight months grew by 33 percent representing 375,000 tons against 281,000 tons in the same period in 2019.…

Tea farmers are set to receive 28 billion shillings as bonus payments from 54 tea Factory companies managed by the Kenya Tea Development Agency for the year ending June 30. However, this is lower compared to last year’s payment of Ksh 28.8 billion attributed to excess global supplies. This year’s total payment represents an 11.6 percent increase from last year and means that, on average, farmers will take home more earnings than they did last year. The growth is attributed to an increased green leaf production by the factories, which grew by 29 percent for the year to stand at…

Truecaller has rolled out three highly anticipated features, Call Reason, Schedule SMS, and SMS Translator, for users globally, to make communication safer and more efficient for them. The Swedish Mobile App has been a pioneer in the mobile identity space and has advanced caller ID innovation to unprecedented levels. Consumers trust Truecaller to tell them who is calling, but now they will also know why they are calling. Call Reason enables users to set a reason for their call, enabling the receiver to check what the call is about and whether the incoming call is personal, business, or urgent. This…