African Torch

Home
Kenya
Nairobi
African Torch

Our Focus is to bring you interesting stories of people doing amazing things News and Media Company
(1)

23/01/2024

The French Development Agency (AFD) has issued grants and loans to the Treasury worth Ksh383.7 million (2.2 million Euros) to support the exchequer’s programmes in agriculture and public finance.

23/01/2024

Civil servants in some 44 state corporations and semi-autonomous government agencies (Sagas) won Ksh5.2 billion against the State, as 29 cases instituted against public institutions were concluded in the year that ended June 2023.

23/01/2024

Uganda-based motorcycle ride-hailing and delivery company SafeBoda is set to resume operations in Kenya next month, three years after it shut down its operations in the country.

23/01/2024

Nine small-scale traders are part of a group that has been accused of forging KCB Bank Kenya deposit slips, defrauding a Nairobi city centre landlord of Sh3.6 million in rent.

23/01/2024

Selu Limited, the special-purpose vehicle established to invest in the government-backed Galana-Kulalu irrigation project, will inject at least $80 million (Ksh 13 billion at current exchange rates) in the next three years to expand operations on the farm covering 20,000 acres.

23/01/2024

Kenya’s change of policy on the purchase of electricity from renewable sources by independent power producers (IPPs) is discouraging new investments in the sector and slowing down efforts to close the country’s energy access gap, the International Energy Agency (IEA) warns.

23/01/2024

President William Ruto’s administration is targeting Ksh133 billion in collections from Kenyans every year to fund its ambitious healthcare plan amid public outcry.

23/01/2024

The energy sector regulator set record-high rates to compensate for fuel lost along the pipeline from the port of Mombasa, pointing to an anticipated rise in inefficiencies of the network.

23/01/2024

Resolution Insurance has entered the liquidation phase after nearly 21 months of trying to rescue the company failed to bear fruit.

23/01/2024

The Treasury has revealed plans to set up a company in partnership with financial institutions to de-risk lending to small businesses, including those who graduate from the Hustler Fund, by commercial banks.

23/01/2024

The Competition Authority of Kenya has approved the proposed acquisition of 100% shareholding in Rafiki Millers Limited by Kitui Flour Mills Limited unconditionally.

18/01/2024

The government plans to set aside Ksh10 billion to provide low-cost loans to farmers to boost crop and livestock production.

18/01/2024

Civil society groups have raised concerns over the national government’s poor spending on key development areas during the current financial year, which they warn is hindering project implementation and causing others to stall.

18/01/2024

Kenya is targeting to raise Ksh50 billion through Public Private Partnerships (PPPs) to fund projects in the year starting July as it seeks to further move away from

18/01/2024

The High Court has allowed the Official Receiver to take over a 40-acre parcel of land in Ruiru, Kiambu County belonging to companies linked to Cytonn, for sale and proceeds be shared among investors who lost billions.

18/01/2024

GA Insurance Kenya chief executive and principal officer Sandip Bhadury has left the company after four and half years at the helm, leaving the firm to scout for his replacement.

18/01/2024

The government has started the process of leasing five public sugar factories to private companies that will run the millers for 20 years in a fresh revival plan.

18/01/2024

Kenyan farmers have consistently earned less even as consumers pay more for food products, a new report shows.

Address

80100
Nairobi
86

Website

https://youtube.com/@theafricantorch?si=wAT8LddxTOQv3ENN

Alerts

Be the first to know and let us send you an email when African Torch posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.