June 2019

Parliament has slashed the budget for digitisation of land transactions

The Budget and Appropriations Committee (BAC) has slashed Sh200 million for the year starting July. The ministry had planned to condense the land procedures into three steps under the Public Land Information Management System (PLIMS) project to save time and costs involved in registering land. However, this has not happened after government opted to domicile all ICT related projects...

State house intruder, this knife wielding JKUAT student was shot while trying to sneak in

A Fifth Year student at Jomo Kenyatta University of Agriculture and Technology was on Monday shot while trying to sneak into State House, Nairobi. Brian Kibet Bera, 25, is a Bachelor of Science in Mechanical Engineering student. He got access to State House by climbing over “Gate Bravo “when he was spotted by security officers. Police claim the student drew out a knife when asked to...

Suraya investors can now breath easy, the firm has secured Sh1.6bn to complete projects

Suraya Property Group has secured Sh1.6 billion financing from four banks to complete mega housing projects, whose construction had fallen behind schedule due to the biting liquidity crisis that has hit the property sector as a result of interest rate capping. The cash injection hands the company the much-needed lifeline to complete the projects. DTB, Coop Bank, NBK and Equity...