Tag: Green Tourism

Kericho Tea Plantation (Photo courtesy: jamiiforums.com) Kenya plans to grant loans at discounted interest rates to the hospitality industry to promote green tourism. It was informed by Jonah Ormoi, the chief executive officer of State-owned Tourism Finance Corporation. “We will extend loans at below market rates to the hospitality sector in order to ensure that the tourism sector has a low carbon footprint,” Ormoi said during a forum on sustainable trends in the MICE (Meetings Incentives Conference and Exhibitions) tourism sector. Repayment of the loan should only be started after 24 months from the date of loan.  The authorities expect ... Read more