Skip to content

Hard truths. Bold Insights. Real talk.

Radio Generation Kenya

Just In

The EPL title. PHOTO/SportsBoom
Sports

Weekend football showdowns

Tottenham vs Manchester United presents a heavyweight clash with recent European pedigree: these sides met in last season’s Europa final.

Treasury moves to monitor and clean up parastatal loans amid defaults
Business

Treasury moves to monitor and clean up parastatal loans amid defaults

The Treasury’s latest annual monetary report shows that the value of on-lent loans now stands at more than Sh1 trillion, made up of Sh874.91 billion in donor-funded financing and Sh322 billion from the national government. Many of these loans, the report notes, have been poorly utilised, with some projects stalling or failing to start.

Pension fund sells housing and land to restore compliance
Business

Pension fund sells housing and land to restore compliance

The pension scheme’s members are mainly former staff of the defunct Kenya Posts & Telecommunications Corporation, Telkom Kenya, Postal Corporation of Kenya, and the Communications Commission of Kenya (now Communications Authority of Kenya). Most of the properties were transferred to the scheme over two decades ago during the restructuring of the postal and telecoms sector.

Borrowers still paying high loan rates despite CBK cuts, says Agusto
Business

Borrowers still paying high loan rates despite CBK cuts, says Agusto

CBK data shows that the gap between loan and deposit rates has widened sharply, reaching a nine-year high of over seven percentage points. This means banks are charging borrowers far more for credit while offering savers very little in return, despite a significant drop in the benchmark rate to 9.25 per cent.

Apple sees strong revenue but mixed reception for iPhone 17
Technology

Apple sees strong revenue but mixed reception for iPhone 17

Counterpoint Research reports that in the first ten days, the iPhone 17 series sold 14% more than the previous generation in the US and China, with the base iPhone 17 and iPhone 17 Pro Max leading demand. The iPhone Air, described as the thinnest iPhone ever, has seen “muted customer interest,” according to UBS, which tracks retail wait times.

Cabinet under fire over plan to cut constituency road funds
News

Cabinet under fire over plan to cut constituency road funds

The proposed reduction will see each of the 290 constituencies lose Sh10 million from the Kenya Rural Roads Authority (KeRRA) allocation, cutting the amount from Sh63 million to Sh53 million.The government has asked the National Assembly to approve a proposal to securitise an additional Sh5 per litre from the Roads Maintenance Levy Fund (RMLF), which is expected to generate Sh120 billion in two years.

Sh629 billion borrowed through fuliza as users hit 9.1 million
Business

Sh629 billion borrowed through fuliza as users hit 9.1 million

Introduced in 2019, Fuliza allows M-Pesa customers to complete transactions even when their wallet balance is insufficient, as long as they stay within a credit limit set based on their transaction history. The service operates in partnership with NCBA and KCB Bank, who underwrite the loans, ensuring that users can cover shortfalls when sending money, withdrawing cash at M-Pesa agents, paying bills, or buying airtime.

Trump faces global backlash over climate denial at COP30
Global Affairs

Trump faces global backlash over climate denial at COP30

The two-week conference is expected to focus on climate financing and supporting vulnerable nations already facing the harshest effects of global warming. The urgency of the talks has been amplified by a string of extreme weather events, including Hurricane Melissa, which devastated parts of the Caribbean and killed more than 75 people.