Author: Korir Issa

The Central Bank of Kenya kept its benchmark lending rates unchanged at 10.5% in August, as expected by analysts. “The MPC noted that inflation is already within the target band and is expected to decline further as food inflation is expected to come down. The Committee also noted that inflationary pressures had eased as non-food, non-fuel inflation declined,” it said on Wednesday. The central bank’s efforts to tame inflation seem to be paying off as the inflation rate dropped to 7.3% in July 2023, the lowest level in a year. The inflation rate fell within the bank’s target range of…

The Western region county finals of the Safaricom Chapa Dimba tournament will kick off this weekend in Bungoma, Busia and Kakamega counties. Twelve teams from these counties will compete for a chance to join the Vihiga County qualifiers in the regional finals at Bukhungu Stadium on the 26th and 27th of August. The Bungoma County finals will be held on Friday at the Pan Paper Grounds in Webuye, where Sirare Youth will face Compel Sportiff FC in the boys’ category and Brenda Girls from Webuye will play against Kim Girls from Mt. Elgon in the girls’ category. Brenda Girls coach…

Spotify is bringing DJ, a feature that delivers music and commentary tailored to your taste, to Kenya. DJ is a beta feature that uses Spotify’s personalization technology, generative AI, and a dynamic voice to create a unique listening experience. You can hear English commentary from Spotify’s own Xavier “X” Jernigan as the first voice model for DJ. “Never before has listening felt so completely personal to each and every user, thanks to the powerful combination of Spotify’s personalization technology, generative AI and a dynamic, expressive voice. At launch, listeners will have the option to hear English language commentary from our initial voice model, Spotify’s own Head of…

Cooperation for Africa and Overseas (CFAO) Motors Limited Kenya has commenced assembly of the Toyota Fortuner SUV through the CKD (completely knocked down) kit route. The 120 million dollars vehicle Assembly plant was commissioned Saturday by President William Ruto at Miritini, in Mombasa City. Launched Toyota Fortuner Assembly Line, Miritini, Mombasa County. pic.twitter.com/RJGBW1NzU6 — William Samoei Ruto, PhD (@WilliamsRuto) July 29, 2023 This marks a significant milestone for the country’s automotive industry and demonstrates its commitment to developing local manufacturing capabilities. Speaking at the launch, the President said the government has instituted policies and measures to create an environment for…

The cost of school supplies for families in Kenya is significantly higher than average household incomes, new data shows. According to “The average cost of back-to-school supplies around the world (2023) findings by WorldRemit, a digital remittance brand within Zepz, the total cost per child is Ksh 68,701. In addition, with an average household size of 3.23, the total cost per household is estimated at Ksh 221,904.23. This is approximately 10 times the average monthly household income for most households in the country. In other parts of the world, cost changes were far more drastic, with yearly changes averaging an…

Xiaomi Kenya has announced Don Puffy, Amanda Joy, and Leila as winners of its #LiveVividKe dance challenge. The campaign launched in May, saw a record number of entries, with hundreds of creative routines submitted on TikTok. The challenge dared Xiaomi fans to post videos of themselves dancing to the #LiveVivid Anthem by Fathermoh ft Ssaru & Vijana Baru Baru. The winners, Don Puffy, Amanda Joy, and Leila, came out on top with the most creative and most liked routines. The challenge was part of the Redmi Note 12 Series campaign that encourages Kenyans to #LiveVivid. The Redmi Note 12 Series…