Business News

Kenya Central Bank Cuts Lending Rate to Boost Economy

Kenya’s central bank has taken decisive action to stimulate economic growth by cutting its benchmark lending rate. This move, announced on Wednesday, February 5, 2025, aims to encourage lending and support the country’s economic recovery[5]. Key Highlights of the Rate Cut Rationale Behind the Decision The Central Bank of Kenya (CBK) is proactively addressing the […]

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Business News

Pi Network Version 19: Revolutionizing Decentralized Finance?

The Pi Network, a cryptocurrency project aiming to make cryptocurrency mining accessible to everyday smartphone users, has recently launched Version 19. This update brings several significant changes, sparking considerable discussion about its potential to disrupt the decentralized finance (DeFi) landscape. While its long-term success remains to be seen, Version 19 introduces features that are certainly […]

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Business News

Kenya’s Deadly Liquor: A Nation’s Struggle with Illicit Alcohol

Kenya is grappling with a devastating crisis: the proliferation of illicit alcohol, claiming hundreds of lives annually. This isn’t just a public health issue; it’s a societal plague impacting families, communities, and the nation’s economic stability. The readily available, cheap, and often toxic nature of this alcohol is fueling addiction and devastating consequences. The Devastating […]

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