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Browsing: Kisumu
- Thousands of young people in Kenya’s Nyanza region will get jobs at the Kisumu Shipyard
- President Uhuru Kenyatta said the shipyard would also create business opportunities for youths in Kisumu
- The facility, under the Kenya Shipyards Limited, will also encourage the growth of primary and ancillary manufacturing industries
Thousands of young people in Kenya’s Nyanza region will get jobs at the Kisumu Shipyard, which has just been operationalised.
On August 2, 2022, President Uhuru Kenyatta said the Kisumu shipyard would also create business opportunities for youths in Kisumu.
Kenyatta said the facility, under the Kenya Shipyards Limited, will also encourage the growth of primary and ancillary manufacturing industries.
He also noted that the Kisumu Shipyard would improve transport and safety in the lake, enhance intermodal transport, and boost fishing, tourism and other economic activities in the Eastern Africa region.
“The role of the Kenya Shipyards Limited in developing the Blue …
Most Kenyans, 83 per cent, indicated a willingness to increase the amount of money they allocate to savings and investments, but the inability to save due to insufficient funds after fulfilling their obligations that require regular funding and the availability of quick digital loans.
Among their obligations which contribute to Kenyans’ financial strain is supporting their extended family which considerably bites into their savings. 84 per cent of people indicated that they regularly provide some income to their extended family, mostly in case of emergencies, because they feel a sense of obligation to send their extended families money and because their extended family members treat them better when they are sent money.
On their part, the extended family members mostly use the money to cater to recurring expenses like food & transport, school fees and medical expenses at 23 per cent, 19 per cent and 18 per cent respectively. Farm-related …