The reduced interest rates will comprise a revised Equity Bank Reference Rate (EBRR) of 14.39% plus a margin (based on specific customer risk profile).
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The total expenditure, equivalent to 22.1% of GDP, includes KSh3.09 trillion for recurrent spending, KSh725.1 billion for development, KSh436.7 billion in county transfers, and KSh5 billion for the Contingency Fund.
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The investment covers completed and ongoing projects covering 11 counties namely; Kisumu, Homabay, Migori, Kisii, Nyamira, Siaya, Vihiga, Busia, Kericho, Bomet and Kakamega.
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For the past three months, Coca-Cola teams have been engaging communities, inviting consumers to rediscover the joy of drinking Coca-Cola in glass.
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Since achieving city status, Eldoret has experienced a significant influx of investment, with billions of shillings pouring into its economy from both local and international investors.
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The new sublocations are earmarked for connectivity in Phase 4 of the mobile network connectivity project, opening a new world of possibilities to Kenyans in unserved and underserved regions of the country.
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The overall index increased from 141.66 in December 2024 to 142.68 in January 2025, resulting in an inflation of 0.7 per cent over that period.
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It has been a year since this project was launched by the President and county leadership.
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