×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Six-month loan moratorium will ease financial strain on businesses affected by floods

Vocalize Pre-Player Loader

Audio By Vocalize

Traders in Limuru have counted losses after flood water swept through their businesses after a heavy downpour. [George Njunge, Standard]

The government should move with speed and alleviate the suffering of Kenyans affected by the ongoing heavy rains. The latest statistics indicate that more than 100 people have been killed by floods in various parts of the country, and their livelihoods are entirely or severely destroyed.

The floods have wreaked havoc in Kenya's Capital Nairobi, a business hub for East Africa, and has also claimed dozens of lives. Due to the current crisis, the Government has since postponed the opening of primary and secondary schools to May 6.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Business
Dangote favours Mombasa over Tanzania's Tanga for Sh2tr oil refinery
Business
Pipeline politics: Why East Africa's joint refinery dream faces slippery path
Business
Debt burden: Inside Treasury's plan to trap Kenya with billions in hidden debt
By Brian Ngugi 13 hrs ago
Business
State plans major audit shakeup to stem graft, wastage of funds