Government’s interest rate cut aims to boost economic growth and entrepreneurship

In a strategic move to foster business growth and reduce unemployment, the Kenyan government, through the Central Bank of Kenya (CBK), has implemented a reduction in interest rates. From 11.25% in 2024, the rates have been lowered by 75 basis points to 10.75% in 2025, with an additional 50 basis point cut anticipated. This move…

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Cake cutting during the launch.

New Sacco launched in Kilifi to empower women financially

Kilifi Women Empowerment Cooperative Society (KWECOS) launched a Sacco recently aimed at fostering financial growth and empowerment members. KWECOS chairperson Ephie Wesa said the formation of the Sacco will empower women who have facing financial challenges in the county, urging them to join the Sacco in numbers. Speaking during the launch the chair said they…

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