Japhet Ruto

5 days ago | tuko.co.ke | Japhet Ruto

United States (US) president Donald Trump asked illegal immigrants in the country to self-deport or face harsh consequences The Department of Homeland Security offered KSh 129,000 to undocumented immigrants to leave the powerful nation Trump has deported 152,000 people since taking office on January 20, but plans to expel millions in an America-first policy Don't miss out! Join Tuko.co.ke Sports News channel on WhatsApp now! Japhet Ruto, a journalist at TUKO.co.ke, brings more than eight...

5 days ago | tuko.co.ke | Japhet Ruto

The Central Bank of Kenya (CBK) revealed that the average interest rates for loans in commercial banks stood at 15.77% The average loan rate declined by 0.64% after the banking regulator cut the base lending rate by 0.75% to 10% Middle East Bank (K) Limited and Access Bank (Kenya) have the highest loan interest rates, while Citibank and Stanbic Bank recorded the cheapest rates Japhet Ruto, a journalist at TUKO.co.ke, brings over eight years of experience in finance, business, and technology...

5 days ago | tuko.co.ke | Japhet Ruto

The 28th ordinary meeting of the EAC Monetary Affairs Committee (MAC) was held in Mombasa on Friday, May 9 The meeting was attended by governors of central banks from the region, who agreed to establish a single currency The focus also includes adopting climate risk awareness and promoting the regional cross-border payments system (EAPS) Jahet Ruto, a journalist at TUKO.co.ke, brings more than eight years of expertise in finance, business, and technology, deep insights on economic...

5 days ago | tuko.co.ke | Japhet Ruto

The 2025 Economic Survey, published by the Kenya National Bureau of Statistics (KNBS), revealed timber sales in 2024 rose to 618,800 true cubic metres The sale of softwood timber jumped four times from 148,500 true cubic metres in 2023 to 604,400 true cubic metres in 2024 At the same time, the sale of hardwood increased from 10,900 true cubic metres in 2023 to 14,400 true cubic metres last year Japhet Ruto, a journalist at TUKO.co.ke, brings over eight years of experience in finance,...

5 days ago | tuko.co.ke | Japhet Ruto

SBM Bank, which took over Chase Bank, claimed that Mining Cabinet Secretary (CS) Ali Hassan Joho had an outstanding loan of KSh 54.5 million Joho confirmed that he received a loan of KSh 40 million from the defunct lender and repaid KSh 43.2 million Even as the former Mombasa governor insisted that he cleared his loan arrears, the bank asked the court to charge him for defaulting Japhet Ruto, a journalist at TUKO.co.ke, brings over eight years of experience in finance, business, and...