Finance

Total 21 Posts

Frank Mutura of NC Rallies Diaspora Kenyans $500 Million Remittance Plan Commitment

Frank Mutura of Raleigh, NC rallied the Diaspora Kenyans to a commitment that by December 2028 the Diaspora will have remitted $500 million of the projected $20 billion to build the Diaspora University Town (DUT) and create 30,000 jobs in Kenya. Frank told those attending the DUT Saturday update

The DUT Diaspora Kenyans, Ndara B Community & Bank Partnership

The three factors of production are human resource, land and money. The Diaspora Kenyans and Ndara B Community are on track to achieve the three resources for the development of Diaspora University Town plan on 1,500 acres and the Ndara B Community plan for setting up of 28 businesses

Diaspora Kenyans $500 Million DUT – Bank Partnership Plan

From 2004 to 2022 Diaspora Kenyans remitted $29 billion (about Ksh 3 trillion). During the same period the Kenya deposits grew from Ksh 378 billion (2004) to Ksh 4.7 trillion (2022). The loan advances given by the banks from the deposits grew from Ksh 252 billion (2004) to Ksh

DUT Ksh 44.5 Billion Mortgages

Dan Kamau the Diaspora University Town (DUT) project director and Diaspora University Trust executive trustee answered questions on the Ksh 44.5 billion mortgages of townhouses, apartments and other buildings. What is a mortgage? A mortgage is a loan given by a financial institution for the purchase of a building

DUT $100 Million Finance

Dan Kamau, the Diaspora University Town Project Director and Diaspora University Trust Executive Trustee, answered a few questions on the Diaspora University Town project and the $100 million finance the project is seeking. Can DUT take up a finance of $100 million and repay the finance back plus interest? The

The Diaspora Bank

Diaspora Kenyans developers of the Diaspora University Town continue to progress DUT Credit Ltd in Kenya to become the Diaspora Bank. The financial institution is currently implementing the Diaspora University Town (DUT) finance plan. This is a plan that is expected to grow Kenya's banking sector by Kshs 100 billion

Money Resource to Meet Economic, Social & Environment Rights

For Kenyans to meet their economic, social and environmental rights they created the money resource through the Central Bank of Kenya (CBK). Today millions of Kenyans are not meeting their constitutional rights of food, housing, healthcare, clean environment and others. Money resource established in accordance with Kenya Constitution 231 is
You've successfully subscribed to Jamhuri Diaspora
Great! Next, complete checkout for full access to Jamhuri Diaspora
Welcome back! You've successfully signed in.
Unable to sign you in. Please try again.
Success! Your account is fully activated, you now have access to all content.
Error! Stripe checkout failed.
Success! Your billing info is updated.
Error! Billing info update failed.