The Nairobiinsights &all the current and trending news & : BUSINESS https://nairobiinsights.co.ke/rss/category/business The Nairobiinsights &all the current and trending news & : BUSINESS en Copyright 2024 Nairobi Insights& All Rights Reserved. Side Hustles for Students in Kenya (2025 Edition) https://nairobiinsights.co.ke/side-hustles-for-students-in-kenya-2025-edition https://nairobiinsights.co.ke/side-hustles-for-students-in-kenya-2025-edition

Life as a student in Kenya today isn’t easy. Between paying for meals, transport, data bundles, and the occasional group project, your allowance often disappears before mid-month. But what if you could earn something extra on the side — without needing a big investment or interfering with your studies?

That’s where side hustles come in. Side hustles help you gain experience, learn financial discipline, and even create a path to becoming self-employed in the future. Whether you’re in university, KMTC, college, or even high school — here are some of the best legit side hustles for students in Kenya in 2025.

1. Freelancing Online

Freelancing is one of the most flexible and profitable side hustles available. It allows you to work from anywhere — your hostel, a cyber café, or even under a tree with a good hotspot.

You can offer services like:
- Academic writing
- Blogging and article writing
- Transcription and captioning
- Graphic design
- Web development and programming

There are thousands of clients looking for such services online. You can register on platforms like:
- Fiverr.com
- Upwork.com
- PeoplePerHour.com
- TranscribeMe

Pro tip: Build your portfolio using free jobs, then start charging clients as you build reputation and reviews.

2. Reselling & Campus Business

Selling products to fellow students is another easy way to earn. Since you live and interact with your target market daily, you already understand their needs.

Items you can sell include:
- Phone accessories (chargers, power banks, earphones)
- Perfumes and body sprays
- Second-hand clothes (mitumba)
- Snacks like mandazi, crisps, boiled eggs, smokies
- Stationery and exam past papers

Buy from local markets, wholesalers, or use apps like Jumia and Kilimall. Some students even use Facebook Marketplace to find cheap stock.

3. Content Creation (TikTok, YouTube, Instagram)

Are you funny, smart, or creative? Start a TikTok or YouTube channel and post content that other students can relate to. Ideas include:
- Campus life skits
- Motivational content
- Study tips
- Budget cooking hacks
- Funny videos or interviews

Once you grow your audience, you can earn money through:
- Brand sponsorships
- Affiliate marketing
- YouTube ads (after hitting 1,000 subs and 4,000 watch hours)

Use your smartphone to start. You don’t need expensive equipment — just good ideas and consistency.

4. Social Media Management

Most businesses in Kenya are going online, but they don’t understand how social media works. That’s where you come in.

As a student, you likely spend a lot of time on TikTok, Twitter, or Instagram. Why not use that knowledge to help others?

Offer to manage a small business's page — post their content, engage with customers, and grow their followers. You can charge Ksh 500 to Ksh 2,000 per month per page depending on what you offer.

5. Assignment Typing & Printing

If you have a laptop or access to a cyber café, you can make money by typing and formatting assignments, CVs, or business documents.

You can also do:
- PowerPoint slides
- Cover letters
- Certificates and poster design

Even if you don’t own a printer, you can outsource printing and still earn a profit margin.

Print past papers and notes, then sell copies to students.

6. Affiliate Marketing & Referrals

With affiliate marketing, you promote products using a link — and earn a commission when someone buys.

You can join:
- Jumia affiliate program – earn Ksh 100–1,000 per sale
- Betting affiliate programs – get paid per sign-up
- App referrals like HustleSasa, Zenka, Branch, Tala

Post your affiliate links on WhatsApp status, Facebook groups, or inside your blog or website.

7. Tutoring or Academic Coaching

If you’re good in a particular subject like Math, English, Kiswahili, or Sciences — offer tuition to first-year students or even high school kids near your campus.

You can teach online via Zoom/Google Meet or do physical tutoring over weekends.

You can also create simple revision guides and sell them digitally.

Bonus Hustle: Sell Digital Products

Use your skills to create:
- Study notes or summaries
- Simple posters
- Motivational PDFs
- “How to…” eBooks

Package your digital product, post it online, and receive payments via M-Pesa.

Even an eBook like “How to Save on a Student Budget” can sell for Ksh 100–300 each.

Final Thoughts

In 2025, you don’t need a rich sponsor or a “big job” to make money. You just need a little creativity, discipline, and consistency. Most of these side hustles require zero or very little capital — but they can grow into full businesses with time.

As you start your hustle:
- Stay consistent
- Use social media to market your services
- Manage your time wisely (don't neglect your studies)
- Save and reinvest your profits

Start small, think big — and never underestimate a hustle that earns you even Ksh 50 a day. That’s Ksh 1,500 a month — enough to sort your bundles or even print notes.

What’s Your Side Hustle?

Have you tried any of these? Do you have your own hustle story? Share it in the comments or DM us on Instagram — we might just feature you in our next article.

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Mon, 07 Apr 2025 00:27:33 +0300 Sharon Koech
How I Earned 15,000,000 KES to Buy a Car of My Dreams in Just Four Months [Detailed instruction] https://nairobiinsights.co.ke/how-i-earned-15000000-kes-to-buy-a-car-of-my-dreams-in-just-four-months-detailed-instruction https://nairobiinsights.co.ke/how-i-earned-15000000-kes-to-buy-a-car-of-my-dreams-in-just-four-months-detailed-instruction Do you have enough money? Do you have everything you've been dreaming of? Are you happy with how your life is going? If the answer is 'Yes', then just don't waste your time and close this page.

Those who answered 'No', go on reading. I'll tell you how to quit your annoying full time job and start earning 40,000 KES or 50,000 KES a day in just 2 days, from the comfort of your home.

I succeeded in it, and if you want, you'll be successful, too! It won't hurt me if I share this secret with you, while it will help some of you to change your life for good and finally become financially free.

First, a couple of words about myself. My name is Annitah Mwaura. I'm 26, I live in Nairobi, and I'm just an ordinary girl from a family, which cannot by any means be called 'well-off'. I was born to middle-aged parents. My Mum was a nurse at clinic, while my Dad was a dump truck driver.

When I was little, all I remember was that my parents made every effort to buy the cheapest food and clothes possible. If they were lucky enough, they would save up a bit for vacation.

Once I graduated from secondary school, I didn't even think about going to university, as I needed to raise money for my parents (already retired) and myself.

So I found a job instead, worked as a sales assistant, with a monthly salary around 30,000 KES. It was 2014, and this was quite a good starting salary for Kenya.

I made enough money for living, but I had a dream, which was to buy a brand new Porsche Panamera. I knew it was extemely expensive and I'd have to save up for years. However, this was fine with me. After all, it was a dream, and you just can't make your dream come true in a day or two. Well, this is what I thought at the time...

I was really depressed at my financial situation then, prices were starting to increase due to inflation and living in Kenya became more difficult. People were upset but I knew I had to carry on working...

However, 3 months more passed, and the shop I worked at turned bankrupt, so here I was, with no job or income sources at all, having to live on my parents' retirement benefits.

These were actually joyless times. I was looking desperately for any possible job opportunity on the Internet, but after nearly two months, there were no results at all.

Another two weeks passed, and I was about to abandon all hope, when suddenly I came across a web page. This was a story about a guy who had earned 900,000 KES on the net, in front of his computer, without even leaving the house he lived in!

He said he had traded via Olymp Trade .

I felt dizzy. Could it be the opportunity I'd been looking for, the one that comes up once in a lifetime ?

At first, I hardly understood anything, but I went on reasearching more info, websites, forums, blogs, and other sources on this topic, and, eventually, I became quite knowledgeable in it. I felt so happy that I even remember this now. It was so exciting to think I became an expert and could now start earning cash online...

Now, let's put my story aside for a bit, as I also want you to know what I'm talking about. I'm going to tell you what trading, in a nutshell, so that you don't have to research dozens of websites, just like I did. I'll just save you a lot of time and effort.

Trading is a revolutionary way of earning in the financial markets, which is very straightforward, quick, and extremely lucrative. You probably know what financial markets are venues where currencies, such as the dollar, the euro, or the pound, are are traded 24/7, i.e. with no breaks or days off whatsoever.

What you need to do is just open a free account on a trading platform (a broker website), then make a deposit, select an investment amount and predict where the price (for example, the US dollar exchange rate) will go in a few minutes or hours.

There are only two options available: High or Low. The trade may last for any time from 1 minute to 3 hours (the expiry time), and you may select any time frame in between. If your prediction is correct, your investment amount is nearly doubled; if it is wrong, well, you just lose your investment amount.

So, this will actually be your job if you follow my instructions. This is called 'trading', and a person who works in such a way is called a 'trader'. As a trader, you can work any time wherever you are, all you need is a computer with stable internet connection. As you see, it's pretty straghtforward, even a 10-year-old would understand how it works!

When I finally became fully knowledgeable about the process, I got so excited that I knew I needed to try it out right away .

I signed up for a free account at Olymp Trade , the same broker that the guy wrote his story about. Later, I learnt this was indeed one of the best trading platforms on the net.

Once I opened my account, I got $10,000 in demo credits, very handy for testing and practising. This is also absolutely free for all.

So I started trading with these virtual credits, and just in a single hour I made a 11,000 profit! Of course, these were just demo credits, while I was hunting for real cash. Well, you can't do that without depositing, and with Olymp Trade , this is not an issue at all, as you've got many deposit options, such as major credit cards (Visa or MasterCard) and e-wallets.

I made a deposit the very same day using my old Visa card, which I used while I still worked at the shop. I decided to invest a small amount first, and this is a great advantage of Olymp Trade , as you can start trading with just $10! Well, this is an amount even I could afford at the time.

I had hardly traded for an hour with my real cash when my account balance rose to $64. This was really incredible!!! My heart was about to burst, and I could hardly breathe! The only thing I could think of was: Wow! I MADE IT!!!

I didn't sleep at all that night, and by the next day I already had $197 on my account. Yes, that's right, a hundred and ninety-seven US dollars!!! With just $10 I had deposited the day before. I couldn't believe it!!! I would have been stuck to my PC forever and ever, but I still needed to get some sleep, so I just headed to bed, while every step cost me effort.

Once I woke up at around 12PM, I logged into my account first thing. $197 were still there. Not a dream, then!

For the whole next day, I was completely stuck to my PC, and at midnight my account balance was at $773!!! I think I will remember this number forever, as this was my first serious success.

Look, $773-$197 makes $576, this is how much I earned in 12 hours. I had not earned such an amount in less than a day before!

That night, before going to bed, I made a withdrawal request to cash out 65,000 KES on my Visa card. Before I fell asleep I was still wondering whether this all was real...

I woke up in the morning when I got a text on my phone. This was my bank informing me that the 65,000 KES was credited into my account. 65,000 KES!!! Just arrived on my card!!!

The day before, after making a mobile payment and an Olymp Trade deposit, there had been less than 1000 KES left. And then – 65,000 KES...It worked!!!

This was a great day, the greatest of all in the last few years.

Next week, I earned more than 550,000 KES, in two months, 2,800,000 KES more, in other two months, around 9,000,000 KES, and then I could finally afford a brand new Porsche Panamera at 15,000,000 KES!!! The car of my dreams, the dreams that had been almost forgotten...

Yes, I had to take out a 5,000,000 KES loan on the car, considering cars are incredibly expensive in Kenya, but with my earnings this was quite manageable. I was able to repay the loan shortly.

Look, here I am with my Porsche Panamera. Right on the day I bought it.

Now, while typing this post, I'm just trying to remember it all over again... How did I make it? And the answer is quite simple: I just believed in myself! First, I found an opportunity, and then I believed I could make money just like that guy on the web page. And that's it!

So, you need to believe you'll be able to make it, too. This is very important, as you won't achieve anything without it. Never ever! If you don't believe in yourself, you'll start thinking all the best moments in your life are already gone. And this will be the case, if you keep thinking that way...

If you are in despair and do not trust anything or anybody, you won't be able to spot your life changing opportunity.

Try to look for such an opportunity everywhere, in every event that happens around you, in every person you meet, in every story you read on the net... Just everywhere! Always try to use these opportunities, they are totally yours! And then you'll finally make it!!!

For some reason, I had always believed I will be be able to buy the car of my dreams. And I did buy it! I didn't save up, just bought it, as I had enough money to pay it. I've got an income source that will never be exhausted; quite the reverse: it brings more and more money every single minute! And yes, I no longer have to report to any boss or work long hours without even a chance to sit down, as it was before.

I make more money in a single day than I used to make in a month. And I feel incredibly free!!!

Was that actually a miracle? Could be. But still, it happened , so it was real. I just read an article, believed in myself and made a decision. This is how I made it!

Oh well, enough memories for now, as I'm already going quite off-topic...

So what do you need to do to start earning money?

  • First, open an account with a broker by clicking here (you’ll need to enter your name, email address, phone number, password, choose the account currency and tick to show your agreement; click Register).

  • Step-by-step you’ll be shown 7 tips describing what’s displayed on your account. Look through all the material by pressing «NEXT STEP» after every description.

Now for the interesting part! A strategy for making a profit!

Now that you have an account with a broker, you need a 100%-profitable strategy. It’s recommended to start with the “up-down” strategy – it’s so simple, anyone can understand it and use it!

  1. First, you need to pick a currency pair: EUR / USD works well here.

  2. Get ready for your first trade: set a time of 1 minute and an amount of $1.

  3. Now start trading. You have to forecast whether the exchange rate will go UP or DOWN within a minute after you opened the trade.

    With this strategy, you can make any forecast when you start. It doesn’t matter whether you choose UP or DOWN. .

  4. Let’s say you pick UP . Remember that it doesn’t matter what you pick. The strategy works 100% in any case.

  5. If in reality the chart goes up, as you predicted, you’ll get $1.92 back in your account (instead of your initial one dollar!). Now you have to make your next trade, but this time you should choose the opposite value: DOWN (the amount and time don't change; keep them at $1 and 1 minute).

  6. So let’s say the chart goes the other way and your trade isn’t successful. That means you need to raise the next trade to $3 and change the direction of the chart again (i.e. If your last choice was DOWN, now you have to choose UP );

  7. The chart once again doesn’t go the way you wanted, and you lose this trade too. This is nothing to worry about (remember, with this strategy you always make back your losses!). In order to recoup your losses and make a profit now, you have to increase the trade to $8 (don't change the time of the trade). Then choose DOWN (as we chose UP the last time).

  8. Great! That time you chose the right direction and got $15.36 (you made up for your losses and earned more money!). Now go back to trading at $1 and start over again. This time you have to choose UP . That’s why it’s called the “up-down” strategy.

Remember!

Always change the direction (UP, DOWN, UP, DOWN), regardless of whether your bet is successful or not. Your first trade should always be $1. If you lose, increase the amount to $3. If you lose again, change it to $8. If it happens again, raise it to $18 (personally, I’ve never had to do this despite the fact that I trade every day) As soon as a trade is successful, go back to the original amount of $1 and start over again.

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Sun, 29 Dec 2024 20:18:14 +0300 Sharon Koech
Moi University's instructions to students after indefinite closure https://nairobiinsights.co.ke/moi-universitys-instructions-to-students-after-indefinite-closure https://nairobiinsights.co.ke/moi-universitys-instructions-to-students-after-indefinite-closure Moi University has officially suspended all learning and teaching activities following a resolution by the University Senate. The announcement, made on October 3, 2024, comes in response to ongoing industrial action by staff and student unrest.

Immediate University Closure

An internal memo signed by Vice Chancellor Prof. Isaac S. Kosgey states that the suspension will affect the entire 1st Semester of the 2024/2025 Academic Year. The closure is effective immediately for all students, staff, and faculties. In the memo, the Vice Chancellor emphasized the necessity of this decision: “This is, therefore, to announce closure of the University with immediate effect. Further, all students are advised as follows...” the memo reads in part.

Instructions to Vacate Campus

All students have been directed to leave the university premises immediately, including local and international students residing on campus. Specific instructions include:

- All students on all campuses must vacate university premises immediately.
- Students living in university residence halls must also leave with immediate effect.
- International students are advised to liaise with the Dean of Students for further guidance.

These directives aim to ensure student safety and maintain peace as the situation is addressed.

No Re-Opening Date Set Yet

The university has not confirmed when learning activities will resume. The Vice Chancellor assured students that the reopening date will be communicated in due course. “Re-opening dates will be communicated in due course. The University Council and Management are working to ensure that university operations resume as soon as possible,” the memo added.

Gratitude for Patience

In his statement, Prof. Kosgey expressed gratitude to students for their patience and understanding during this challenging period, commending them for maintaining calm amid the disruptions. “Further, we thank the students for their understanding and support in maintaining calm during the period when academic programmes were disrupted,” the memo stated.

Moi University joins a list of institutions experiencing disruptions in Kenya’s higher education sector, and students are encouraged to stay informed about future developments.

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Fri, 04 Oct 2024 07:29:53 +0300 Sharon Koech
Gov't plots deducting M&PESA balances to recover Sh7B from Hustler Fund defaulters https://nairobiinsights.co.ke/govt-plots-deducting-m-pesa-balances-to-recover-sh7b-from-hustler-fund-defaulters https://nairobiinsights.co.ke/govt-plots-deducting-m-pesa-balances-to-recover-sh7b-from-hustler-fund-defaulters This initiative involves accessing M-Pesa accounts and deducting airtime balances of those who have failed to repay their loans.

During a session with the National Assembly's Special Funds Committee, Elizabeth Nkukuu, the acting CEO of the Hustler Fund, revealed that discussions are ongoing with Safaricom to facilitate this recovery process.

The government has identified the defaulters, primarily those who borrowed funds in the initial months after the fund's launch in November 2022.

Nkukuu emphasised that many of these individuals have the financial means to repay their loans but have chosen not to do so, stating, "It’s not that they cannot pay. They are people who just don’t want to pay."

Since its inception, the Hustler Fund has disbursed approximately Sh57.8 billion to 24 million Kenyans, with only two million borrowers maintaining good financial credit.

The fund aims to provide affordable credit to individuals previously excluded from mainstream financial systems.

Each loan carries an interest rate of 8%, with 5% retained for savings, which has accumulated to Sh3.5 billion.

Nkukuu indicated that legal avenues will be pursued if voluntary repayment does not occur after initial reminders.

The government is prepared to employ a "nagging" technique, which involves frequent reminders via phone calls before resorting to deductions from M-Pesa and airtime deductions.

Principal Secretary for Micro, Small, and Medium Enterprises Susan Mang'eni supported this approach, noting that defaulters have had ample time—nearly two years—to repay their loans.

Members of the Parliamentary committee expressed concerns regarding the lack of insurance for the funds being dispensed, questioning how the government can issue loans without adequate safeguards against defaults.

Nkukuu confirmed that the Hustler Fund is not insured, which has led to the decision for forceful recovery measures.

This aggressive strategy marks a significant shift in how the government intends to manage loan defaults within its financial inclusion initiatives, reflecting broader efforts to ensure accountability and fiscal responsibility among borrowers.

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Wed, 02 Oct 2024 12:10:22 +0300 Sharon Koech
TSC announces 46,000 job openings [How to apply] https://nairobiinsights.co.ke/tsc-announces-46000-job-openings-how-to-apply https://nairobiinsights.co.ke/tsc-announces-46000-job-openings-how-to-apply The Teachers Service Commission (TSC) has launched a recruitment drive to hire 46,000 teachers across Kenya, offering permanent and pensionable positions. This initiative aims to address the teacher shortage in primary, junior secondary, and senior secondary schools nationwide.

Opportunities Available

Among the 46,000 positions, a substantial 39,550 are designated for junior secondary schools. Primary schools will receive 6,000 new teachers, while 450 positions are set aside for senior secondary schools. This recruitment effort is considered a crucial move to meet the growing demand for qualified educators.

Application Requirements

All applicants must be Kenyan citizens and registered with the TSC. Those applying for primary school positions need to have at least a P1 certificate, while candidates for junior and senior secondary schools must possess a diploma in education. Shortlisted candidates will need to present their original academic and professional certificates during the recruitment process.

Preference for Serving Interns

The TSC encourages current interns to apply for these positions within their respective counties or sub-counties. These candidates will only need to provide their identity cards for verification, simplifying the application process for those already in the system.

How to Apply

Interested candidates should submit their applications via the TSC’s official website: [http://tsc.go.ke](http://tsc.go.ke). The deadline for applications is October 7, 2024.

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Wed, 02 Oct 2024 08:48:06 +0300 Sharon Koech
Peter Salasya has launched a premium luxury spa and is now announcing job openings. https://nairobiinsights.co.ke/peter-salasya-has-launched-a-premium-luxury-spa-and-is-now-announcing-job-openings https://nairobiinsights.co.ke/peter-salasya-has-launched-a-premium-luxury-spa-and-is-now-announcing-job-openings Mumias East Member of Parliament Peter Salasya has recently unveiled a high-end luxury spa in the upscale Gigiri area of Nairobi. The newly launched spa offers an array of premium beauty and wellness services, including a barber station and a salon. This venture aligns with Salasya's vision to expand his business portfolio while simultaneously creating job opportunities for young Kenyans.

The spa is crafted to deliver top-tier services, featuring a variety of treatments such as massages, facials, and skincare services. Additionally, the facility includes a barber station offering professional haircuts and grooming services. This modern and elegant spa aims to attract a broad clientele from the affluent neighborhood of Gigiri, providing a relaxing and luxurious experience.

In parallel with the spa's grand opening, MP Salasya is actively seeking qualified professionals to join his team. He is looking to fill several positions, including experienced hairdressers, barbers, and spa therapists. These roles are critical to ensuring that the spa maintains its high standards of service and client satisfaction.

Salasya has expressed his intention to hire individuals who are not only skilled but also passionate about delivering exceptional beauty and wellness services. He has announced that interested candidates can reach out to him directly. Interviews for the positions will be conducted on Friday from 8:00 a.m. to 5:00 p.m., and he encourages talented professionals to apply.

Several Kenyan celebrities have also made notable investments in the beauty and wellness sector. For example:

- Wahu Kagwi, a renowned Kenyan singer, owns Afro Siri Salon in Westlands, which is known for its luxurious services catering to high-end clients.
- Betty Kyallo, a well-known media personality, has established Aftershave by Flair, with locations in Nairobi and Meru.
- Vera Sidika, a prominent social media influencer and entrepreneur, operates Vera Sidika Beauty Parlour in Westlands and is the founder of Veetox, a line of detox products.
- Lillian Muli, a prime-time news anchor, has entered the beauty industry with La Modelle, a luxury unisex salon situated at Sound Plaza in Westlands.
- Susan Kaitanny, a fashion model and lawyer, owns The Posh Palace, a beauty parlour located in Kilimani.

With its sophisticated ambiance and high-quality offerings, Salasya's new spa is set to become a significant player in Nairobi's luxury wellness market.

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Thu, 12 Sep 2024 21:41:38 +0300 Sharon Koech
"Ruto Set to Sign Key Agreements During Two&Day Visit to Germany" https://nairobiinsights.co.ke/ruto-set-to-sign-key-agreements-during-two-day-visit-to-germany https://nairobiinsights.co.ke/ruto-set-to-sign-key-agreements-during-two-day-visit-to-germany President William Ruto has departed for Germany for a two-day official visit, as confirmed by State House Spokesperson Mohamed Hussein. This visit is strategically aimed at fortifying and deepening the bilateral relationship between Kenya and Germany, with a focus on several critical areas of cooperation, including green energy, climate action, digital collaboration, trade, investment, and labor mobility.

During his visit, President Ruto will participate in high-level bilateral discussions with German President Frank-Walter Steinmeier and Chancellor Olaf Scholz. These talks are expected to address key mutual interests, such as enhancing regional and international peace and security, and exploring new opportunities for collaboration between the two nations. The discussions will likely cover a wide range of topics, reflecting both countries’ strategic objectives and shared priorities.

A significant aspect of the visit will involve exploring ways to boost trade and investment between Kenya and Germany. President Ruto is scheduled to meet with influential German business leaders, including the CEOs of major firms such as Mercedes-Benz, YouTube, and Ida Cruises. This special CEO forum is designed to foster stronger economic ties and encourage increased investment in Kenya. Hussein underscored the importance of these meetings, stating that they will offer a valuable opportunity to advance Kenya’s international business relations, particularly in sectors such as technology and automotive manufacturing.

Another major highlight of President Ruto’s visit will be the signing of the Kenya-Germany Agreement on Comprehensive Migration and Mobility Partnership. This agreement aims to facilitate labor mobility between the two countries, focusing on areas such as apprenticeships, student training, and employment opportunities. It also addresses employee welfare and includes provisions for the readmission and return of citizens. Hussein emphasized that this agreement is intended to enhance labor opportunities for Kenyans abroad, particularly in Germany, representing a significant advantage for Kenyan workers seeking opportunities in Europe.

Additionally, President Ruto’s visit is expected to strengthen Kenya’s growing technological presence on the global stage. Earlier statements from Ruto indicated that the discussions would include strategies to improve access to online jobs for Kenyans, further developing the country’s digital capabilities and reinforcing its emerging presence in the global technology sector.

This visit marks a crucial step in deepening the bilateral relationship between Kenya and Germany and exploring new avenues for cooperation and growth.

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Thu, 12 Sep 2024 21:10:44 +0300 Sharon Koech
DCI Detains Individual Accused of Swindling Kenyans Through Forex Trading https://nairobiinsights.co.ke/dci-detains-individual-accused-of-swindling-kenyans-through-forex-trading https://nairobiinsights.co.ke/dci-detains-individual-accused-of-swindling-kenyans-through-forex-trading Detectives from the Directorate of Criminal Investigations (DCI) have apprehended a 30-year-old man, Daniel Mbugua Njogu, who is suspected of perpetrating a significant fraud under the pretense of forex trading. The arrest was carried out at his residence in the Kimbo area of Nairobi by officers from the DCI Nairobi Regional Headquarters. This action follows an extensive investigation into fraudulent activities that have misled and exploited numerous individuals seeking financial returns through forex investments.

According to a statement released by the DCI on Tuesday, September 10, Njogu is accused of deceiving many people by presenting himself as a legitimate forex trader, promising substantial financial gains. However, it appears that these promises were nothing more than elaborate ruses designed to swindle unsuspecting investors. The DCI has expressed concern over the increasing number of such fraudulent schemes and the harm they inflict on the public.

The Directorate has urged anyone who believes they may have been a victim of Njogu’s fraudulent activities to come forward and report their experiences. Victims are advised to visit the DCI offices in Nairobi to provide details of their cases, which will assist in the ongoing investigation and potentially lead to the recovery of lost funds.

In light of this case, the DCI, led by Mohamed Amin, has also issued a warning to the general public about the risks associated with forex trading and other online investment activities. They emphasize the importance of exercising caution and due diligence when engaging with trading platforms and investment opportunities. Prospective investors are strongly advised to verify the legitimacy of brokers and trading platforms, and to be wary of offers that seem too good to be true. Ensuring that investments are made through licensed and regulated entities is crucial to avoiding financial fraud and protecting one’s assets.

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Wed, 11 Sep 2024 10:17:31 +0300 Sharon Koech
Kenya is set to establish its first nuclear power plant by 2034, according to Musalia Mudavadi. https://nairobiinsights.co.ke/kenya-is-set-to-establish-its-first-nuclear-power-plant-by-2034-according-to-musalia-mudavadi https://nairobiinsights.co.ke/kenya-is-set-to-establish-its-first-nuclear-power-plant-by-2034-according-to-musalia-mudavadi Prime Cabinet Secretary Musalia Mudavadi has announced that Kenya plans to build its first nuclear power plant by 2034. He also revealed that a research reactor will be set up by the early 2030s, with the initiative starting in 2027. The goals of this project include increasing energy capacity, reducing CO2 emissions, and generating significant job opportunities to drive economic growth.

“Kenya is committed to leading in clean energy. We are focusing on advancing nuclear technology as part of our sustainable energy strategy,” Mudavadi stated.

This announcement came after a meeting with William D. Magwood, IV, Director-General of the Nuclear Energy Agency (NEA), at Mudavadi's Railways office. Mudavadi praised the NEA’s efforts in mentoring young Kenyans in STEM fields and discussed how advancing nuclear technology aligns with Kenya's sustainable energy strategy and NEA’s goals for integrating atomic energy into clean energy initiatives.

Key aspects of Kenya’s nuclear energy initiative include the deployment of Small Modular Reactor technology, advancing research, and ensuring institutional sustainability.

“As we progress, this collaboration will be crucial for the successful execution of our nuclear energy program, contributing to our nation's prosperity and sustainability,” Mudavadi stated.

Additionally, Kenya will host the 2nd edition of the US-Africa Nuclear Energy Summit (USANES) from August 27-30. The summit will evaluate the industry’s readiness for nuclear energy adoption in Africa and address challenges that impede its acceptance in the region. It aims to strengthen existing partnerships and forge new ones to enhance cooperation in the nuclear sector while highlighting nuclear power’s potential to achieve Net Zero by 2050.

The event will bring together policymakers, technical experts, and industry leaders for educational workshops, stakeholder engagement, and discussions on topics such as financing, workforce development, and supply chain readiness.

The first summit took place in Ghana, organized by the US Department of Energy (DOE) and the Nuclear Power Institute (NPI) of the Ghana Atomic Energy Commission. That summit focused on fostering international cooperation, sharing innovative solutions, and shaping nuclear technology policies.

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Thu, 05 Sep 2024 07:20:52 +0300 Sharon Koech
The goal of Prime CS Mudavadi is to raise diaspora remittances to Ksh1 trillion. https://nairobiinsights.co.ke/the-goal-of-prime-cs-mudavadi-is-to-raise-diaspora-remittances-to-ksh1-trillion https://nairobiinsights.co.ke/the-goal-of-prime-cs-mudavadi-is-to-raise-diaspora-remittances-to-ksh1-trillion Speaking at Mbale High School in Vihiga County at the Diaspora Job Fair: Western Kenya Edition, Mudavadi disclosed that Kenya aims to raise diaspora remittances to Ksh1 trillion.
In light of a local report of a labor shortage, this would constitute an increase of Ksh329 billion and align with the government's broader objective to provide work possibilities for Kenyans.

"By 2027, we hope to increase remittances to one trillion. This is made feasible by the growing number of Kenyans living abroad as a result of bilateral agreements and government action."

As per Prime CS's statement, remittances from the diaspora have overtaken all conventional foreign capital sources and are now the primary source of overseas cash contributing to Kenya's economy.

The CS continued by urging Kenyans employed overseas to preserve the strictest disciplinary codes, proudly fly the Kenyan flag, and project a favorable image in their new nations.
Throughout his speech, Mudavadi extolled the virtues of Kenyan talent abroad, emphasizing how in-demand Kenyan professionals are due to their strong work ethics and domain knowledge.

The Prime Minister stressed the vital role that opportunities on foreign territory play in boosting the nation's foreign earnings and enhancing the standard of living for households across the board.

Concerns have previously been expressed, with the Kenyan government being held accountable for having lax rules and failing to take action to deter Kenyans living abroad from sending money home.

Ruto In GhanaThose who work overseas have also been concerned about the problem of double taxes.
Although Mudavadi urged Kenyans to keep seeking for opportunities overseas, he also stated that the Kenya Kwanza Government is investigating the possibility of producing jobs domestically.

He revealed  Israel has expressed interest in investing in the agricultural sector through Foreign Direct Investment that will create employment in the country.

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Sun, 01 Sep 2024 19:58:18 +0300 Sharon Koech