Author: David Indeje

Kenya secured a seat on the United Nations Human Rights Council (UNHRC), despite facing domestic criticism from the Kenya Human Rights Commission (KHRC). The KHRC raised concerns about Kenya’s human rights record, citing rampant police violence, restrictions on freedom of expression, and discriminatory practices against marginalized groups. They argued that Kenya’s membership in the UNHRC would undermine the council’s credibility and its mandate to hold human rights violators accountable. “There has been a culture of impunity, with many Kenyans suffering from severe human rights violations that may constitute crimes against humanity,” read the statement. #PressStatement On September 27, 2024, Kenya…

The Monetary Policy Committee in Kenya has lowered the Central Bank Rate to 12% from 12.50 per cent to stimulate economic growth, following a significant decline in inflation rates. The decision provides relief to businesses and consumers struggling with high borrowing costs. The MPC noted that overall inflation had declined further to 3.6 per cent in September 2024 from 4.4 per cent in August, remaining well below the midpoint of the target range. This decline was primarily attributed to lower food and fuel inflation, which had been supported by improved agricultural harvests, a stable exchange rate, and lower global oil…

The Monetary Policy Committee (MPC) of the Central Bank of Kenya (CBK) is expected to cut the benchmark interest rate by 75-100 basis points at its upcoming meeting on October 8th, 2024. According to market analysts from NCBA bank and the Kenya Bankers Association (KBA), the MPC decision is likely to be influenced by: One is the low and declining inflation which is currently below the target range midpoint. September 2024 saw inflation fall further to 3.6%, down from 4.4% in August, due to lower food and fuel prices, and muted demand pressures. They also cite rising geopolitical tensions which…

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…