Five Tech Startups Receive Sh1 Million Seed Funding Each From StanChart

This year’s top 5 companies are Bena Care which provides home nursing services to people with life-limiting illnesses across the country, Arbres Biotech – a company which focuses on technology transfer and capacity building in the agricultural sector and Nature’s Touch which manufactures nature-based skincare products/

Soul Food Enterprises which serves Swahili cuisines only and Taste Afrique which manufactures, distributes, and sells natural food seasoning products and mixed spices have also received the funding as well.

Earn Steady Income by Investing in Government Securities

Government Securities in Kenya

In Kenya, the National Treasury offers two types of government securities: Treasury bills and Treasury bonds.Treasury bills are a short-term investment, with maturities of 91 days, 182 days and 364 days. This means that if you invest money in a Treasury bill, you will receive that money back within three months, six months or one year, depending on the bill you choose.

Corona travel ban costs civil servants Sh30bn in perks

Civil servants are missing out on Sh2.5 billion in travel benefits and subsistence allowances monthly after restrictions imposed to curb the spread of coronavirus suspended meetings and out of town assignments.

The World Bank in its latest review of Kenya’s expenditure says the country will save up to Sh30 billion in the year to June 2021 or Sh2.5 billion monthly from civil servants reduced local and foreign trips — which often involve lavish travel allowances.