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Marakwet daughter, the famous artist behind Kalenjin hit ‘Mali Safi Chito’, was paid Sh108,123 but the ideal royalties should have totaled Sh640,920.
The President says the fund has saved Kenyans from the predatory lending witnessed on digital platforms, with some denied access to funding in the established formal sector.
The shilling has been on a positive trend over the past two weeks, much to the relief of businesses that import goods.
Banks and other lenders have been increasing interest rates on loans as the CBK keeps raising the benchmark lending rate,
More banks said demand for credit this month and March is expected to be higher than it was in December and January.
The survey notes that this year firms in the agriculture sector expect improved business activity.
Airtel Kenya hopes the change expands its mobile money market.
The Central Bank holds the most assets (mostly financial), with total assets valued at Sh1.8 trillion.
Kenya had 526 state agencies by June 2023, which was an increase from 500 agencies the previous year.
The Office of the Auditor-General said variances between prices that were budgeted and actual prices in the market were so high that some commodities couldn't be purchased.
Currently, the only conditions for one to benefit from the programme are being an adult citizen, having a national identity card and KRA PIN, and depositing 10 per cent of the value of the house.
The localy made smartphones will retail at around Sh8,000.