Current updates
Kenya’s inflation rate dropped to a 10-year low, registering a notable decrease to 3.6% in September 2024 from 4.4% in August 2024. Inflation is a measure of the general increase in the prices of goods and services over a period of time. For example, If Kes 1,000 was enough to buy you 3 litres of […]
Kenya’s Inflation Hits a Record Low in September 2024 Read More »
The Central Bank of Kenya (CBK), through its Monetary Policy Committee (MPC), reduced the Central Bank Rate (CBR) from 12.75% in August to a record low of 12.00% on 8th October 2024. This downward adjustment is expected to reduce the cost of borrowing from financial institutions, such as banks regulated by the CBK. What Is
The Central Bank of Kenya Lowers CBR Rate to 12%: What It Means for Borrowers? Read More »
WHAT IS SHIF ? and how is shif different from nhif? As part of efforts to improve healthcare in Kenya, the government is transitioning from NHIF to SHIF. This change will introduce new health insurance contribution rates that will affect every employee’s salary. If you’re currently earning KES 60,000 or more, it’s important to understand
How the NHIF to SHIF Transition Will Affect Your Payslip in Kenya: What You Need to Know Read More »