From affordable housing to luxury dormitories: Ruto okays $1.2m hostel at Kivaywa Boys High School in Kakamega
School Principal Lichuma Lewis lauded the Affordable Housing Programme by the president for the initiative he said will immensely improve the school’s accommodation facilities.
Kenyan minister admits housing programme faces $2.6 billion funding shortfall per annum
Housing Secretary Said Athman said the government was on course to implement the project with over 3,000 units already handed over. From January next year, Athman said, more units shall be handed over on a monthly basis adding that all the contractors have been instructed to roll out night shifts to fast track the project.
Ratings agency Moody’s warns Kenya’s debt costs are sky-high as government leans of domestic money market
Kenya will hold another round of talks with IMF officials in September in a bid to clinch the programme, the central bank chief Kamau Thugge said last month.