Watu Credit commits Sh1.3bn for e-bike financing

Asset finance solutions provider Watu Credit has welcomed the publication of the draft national e-Mobility Policy. The company has committed to spending Sh1.3 billion for the transition of fossil-powered motorbike financing to e-bikes in the next seven years. Watu says that its goal aligns with the government’s agenda to transition from fossil-powered vehicles to electric…

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Yield-hungry investors to blame for Africa debt crisis

Economists under the International Development Economics Associates Limited (IDEAs), are asking creditors extending trillions of shillings to African countries including Kenya to refrain from dumping expensive loans without care of how the money is going to be used. Calls for Africa to be wary of “yield-hungry” investors luring the continent into haphazard debts came up…

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Taylor Swift’s father will not face charges for alleged paparazzi assault, Australian police say

Taylor Swift’s father will not face charges for allegedly assaulting a paparazzi photographer in Sydney last month, Australian police have confirmed. Officers “have conducted an investigation following a report of an assault at Neutral Bay Wharf (in Sydney) at about 2:30 a.m. local time on 27 February,” a spokesperson for the New South Wales (NSW)…

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