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Why MPs have dropped call to probe ex-energy bosses

The report also recommended that EACC and DCI probe Njoroge, who served as the Managing Director of Kenya Power from 2007 and 2014.

By Brian Ngugi and Macharia Kamau 2 months ago

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Why MPs want KPLC, power firms probed

The probe scrutinised OrPower IV, Kenya's first IPP, which signed an initial PPA in 1998 for an eight megawatt geothermal plant.

By Brian Ngugi and Macharia Kamau 2 months ago

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Why thermal power plants are set for a big comeback

Another highly sought-after project is the High Grand Falls dam, which has been looked at as an option to bridge the gap between demand and supply.

By Brian Ngugi and Macharia Kamau 2 months ago

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While state agencies slept on the job, Kenya dipped into energy crisis

Kenya's installed power generation capacity stood at 3,192MW as of June 2025, according to the latest data from Epra.

By Raymond Muthee and Macharia Kamau 2 months ago

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How broke, hungry Kenyans are suffering in hands of shylocks

Harsh economic times, the high cost of living, and the denial of credit by banks to households and businesses have forced many Kenyans into backstreet borrowing.

By Brian Ngugi and Macharia Kamau 4 months ago

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CoB backs new e-procurement, faults Treasury's poor rollout

Controller of Budget Margaret Nyakang'o has called for electronic procurement in government but faulted the National Treasury for poorly managing its rollout.

By Barrack Muluka, Macharia Kamau 5 months ago

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COB, MPs accuse Treasury of evading House in funds approvals

Controller of Budget Margaret Nyakang'o has faulted the State for its continued over-reliance on Article 223 of the Constitution to finance existing government programmes.

By Josphat Thiong'o and Macharia Kamau 5 months ago

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How Mbadi's Sh5 billion mess risks government shutdown

Questions are emerging over the efficiency and reliability of the E-Procurement System.The system is a joint venture between Sybyl Kenya and iSourcing Technologies PVT of India.

By Lewis Nyaundi and Macharia Kamau 5 months ago

Retail investors win big as Nairobi bourse drops 100 minimum shares

Buying shares in blocks of 100 had kept many retail investors away from high-value stocks.

By Clare Ochieng and Macharia Kamau 6 months ago

Sh7 hike in road levy ups revenue collection by 51 per cent

KRA collects the levy on behalf of the Kenya Roads Board, which is then disbursed to different roads agencies for the maintenance of Kenya's network of roads.

By Clare Ochieng and Macharia Kamau 6 months ago

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Ruto signs Finance Bill into law as KRA faces Sh2.75tr revenue test

The new measures have minimal implications in terms of hiking taxes as the government tried to avoid pushback from Kenyans.

By Brian Ngugi and Macharia Kamau 7 months ago

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Debt hole set to deepen, civil servants to lose perks in new plan

Treasury to borrow more from local lenders despite caution by experts and Parliament. Civil servants likely to lose perks while over 110,000 youth will be engaged in climate work.

By Graham Kajilwa and Macharia Kamau 7 months ago

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Kenya to spend Sh1.9 trillion on debt service

Kenya expects to spend nearly Sh2 trillion on debt repayments over the next financial year, exerting further pressure on the government.

By Josphat Thiongo and Macharia Kamau 9 months ago

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Tullow exit puts Kenyan firm Gulf Energy in driver's seat for oil riches

Company has been involved in lucrative State deals including G2G oil import tender. Tullow has been trying to get a strategic partner for its operations in Turkana fields.

By Brian Ngugi and Macharia Kamau 9 months ago

State's push to grow LPG use fizzles out as oil firms cut investments

The resurgence of illegal refilling of gas cylinders has made firms wary of putting out more of their equipment.

By Esther Dianah and Macharia Kamau 10 months ago

Trump tariffs threaten Kenya's Sh72b exports

Kenyan exporters to the US face significant uncertainty after President Donald Trump announced a sweeping new set of tariffs, including a cumulative 20 per cent levy on Kenyan goods.

By Brian Ngugi and Macharia Kamau 10 months ago

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Ruto fails to keep Judiciary budget promise

During his inauguration, President William Ruto said he would raise allocations by Sh3 billion every year.

By Esther Dianah and Macharia Kamau 10 months ago

Ruto's diplomatic mishaps hurt Kenya's trade, bilateral relations

Experts say that the decision to host RSF is damaging Ruto's credentials on international relations by appearing to promote rebellion dissidence in sister republics.

By Esther Dianah, Esther Dianah and Macharia Kamau 10 months ago

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'The garbage' governor: Sakaja's stinking mess at City Hall

In a shocking show of power, Nairobi Governor Johnson Sakaja, bestowed with ensuring a safe and clean environment in the city, dumped garbage outside Stima Plaza.

By Mike Kihaki, Macharia Kamau and Modachi Okumu 11 months ago

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Trial or error? Why Rutonomics falls short of Kenyans' expectations

Ruto's two-year stay at the 'House on the Hill' has been a mixed scorecard as his administration implements the Bottom Up Economic Agenda (BETA).

By Brian Ngugi and Macharia Kamau 1 year ago

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Businessman seeks to upstage Tanzania firm in Bamburi buyout

Savannah Clinker, wholly owned by businessman Benson Ndeta, yesterday said it would pay Sh25.42 billion for Bamburi Cement's entire stake.

By Esther Dianah and Macharia Kamau 1 year ago

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IMF, World Bank at odds on tax Kenya policies

The World Bank and its sister Bretton Woods institution the IMF are giving the Kenyan government contradicting signals on how to go about taxing Kenyans.

By Brian Ngugi and Macharia Kamau 1 year ago

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More pain as Ruto promises to increase tax

President has said Kenya is lagging in taxing its citizens and pledged to increase levies. Kalonzo Musyoka said the rise is is inhumane as it will push up the cost of living which is too high.

By Edwin Nyarangi and Macharia Kamau 1 year ago

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Treasury demand for more taxes will hurt Kenyans

Analysts says that Treasury should have considered outcomes of Finance Act, 2023.

By Sofia Ali and Macharia Kamau 1 year ago

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Interpol joins probe on KQ staff detention

Sleuths investigate gold racket believed to be the reasons the two are being held in DRC.

By Kamore Maina and Macharia Kamau 1 year ago

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Why Kenya is graveyard for industries and big companies

Economists say high tax rates, poor infrastructure and high cost of power are among factors that have seen companies shun Kenya.

By Brian Ngugi and Macharia Kamau 1 year ago

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'Broke' government living large: Ruto adds Sh3tr to public debt

A new Cabinet brief shows the Kenya Kwanza regime has borrowed Sh3.01 trillion but also received Sh334 billion as grants. CBK, however, puts the national debt at Sh11.14 trillion.

By Benjamin Imende and Macharia Kamau 1 year ago

Cost of living eases on a drop in food prices

The rate of inflation - or the general increase in the cost of goods - dropped to 6.6 per cent in December from 6.8 per cent in November, according to data by KNBS.

By Graham Kajilwa and Macharia Kamau 2 years ago

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Blackouts: Ruto cracks the whip

President says frequent blackouts were hurting Kenya as an investment destination. He says government has secured Sh37.5 billion funding from AfDB to build the Bomet-Narok line.

By Edwin Nyarangi and Macharia Kamau 2 years ago

State mulls new Kenya Power unit amid board shakeup plan

The creation of a Super Energy Service Company within the firm is being financed by the African Development Bank. It is part of the reforms introduced by the Kenya Kwanza administration.

By Brian Ngugi and Macharia Kamau 2 years ago

President says bottom-up economic model bearing fruit

President William Ruto said he took control of the country when its economy was facing external shocks, fiscal distress courtesy of the debt burden and structural imbalance.

By Graham Kajilwa and Macharia Kamau 2 years ago

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Layoffs: How employers are coping with high cost of labour

The current situation is deteriorating, as the government has implemented new taxes that have resulted in increased labour expenses.

By Brian Ngugi and Macharia Kamau 2 years ago

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Kenyans staring down the barrel as cost of fuel hits all-time high

Super petrol will now retail at Sh217.12 per litre in Nairobi, an increase of Sh5.72. Government says it tapped into petroleum development levy to cushion consumers.

By Emmanuel Kipchumba, Macharia Kamau and Harold Odhiambo 2 years ago

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Ruto moneymen, advisors in eye of a storm as cost of living crisis rages

Kenya's inflation rose marginally in September after all sectors recorded a general increase in prices, the Kenya National Bureau of Statistics (KNBS) said on Friday.

By Brian Ngugi and Macharia Kamau 2 years ago

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Governors splash Sh195b on perks amid economic crisis

Ironically, county bosses allocated only Sh97.98 billion to development expenditure. Expenses were processed through the manual payroll, raising concerns about the possibility of graft.

By Brian Ngugi and Macharia Kamau 2 years ago

National Oil to unveil strategic investor in Sh5b revamp deal

Conclusion of pact is expected to enable State-owned oil marketer to exercise its right to import a third of petroleum products for the country.

By Jacob Ng'etich and Macharia Kamau 2 years ago

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City traffic jam thins as fears of recession mount over fuel prices

Data from Kenya National Bureau of Statistics (KNBS) shows that diesel consumption over the first four months of this year declined 6.8 per cent.

By Brian Ngugi and Macharia Kamau 2 years ago

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Record high fuel prices to worsen cost of living for Kenyans

Government's withdrawal of subsidies among factors that have led to the sharp increase in pump prices with low-income households being forced to reduce their shopping baskets.

By Brian Ngugi and Macharia Kamau 2 years ago

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Bill seeks more transparency in deals between Kenya Power, IPPs

If the Bill is passed into law, Kenya Power will be required to publish the register on its website and annual audit reports, an action that will be conducted 90 days after it is enacted.

By Brian Otieno and Macharia Kamau 2 years ago

Jitters as El Nino threatens fresh blow to already bruised economy

El Nino, a climate pattern in the Pacific Ocean affects weather and will likely contribute to heavy rainfall and potential flooding across the country.

By Brian Ngugi and Macharia Kamau 2 years ago