New plant turns pineapple waste into biofertiliser
The plant will use residues from the company’s pineapple cannery to create four different types of biofertilisers for its use and eventual sale to other growers in East Africa.
By 8 days ago
New plant turns pineapple waste into biofertiliser
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No country for young people: How old guard hangs on to State jobs
Diversity and inclusion are huge not just in private sector circles but also in government.
By 8 days ago
No country for young people: How old guard hangs on to State jobs
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Finance Bill: E-mobility, local phones makers face setbacks
The Finance Bill 2024, which has proposed to subject Value Added Tax (VAT) on electric buses and locally made mobile phones
By 8 days ago
Finance Bill: E-mobility, local phones makers face setbacks
Airtel's EA unit revenue jumps 10pc
Total revenues for the year stood at $4.98 billion (Sh667 billion) in the year to March 2024 - a 5.3 per cent drop from $5.26 billion (Sh705 billion) it posted in 2023.
By 13 days ago
Airtel's EA unit revenue jumps 10pc
NSSF in new plan to expand into Sh1 trillion scheme in five years
State-run pension fund is also eyeing to grow membership by over 70 per cent to 5.2 million in a five-year strategic plan. The Fund is currently valued at Sh311 billion.
By 14 days ago
NSSF in new plan to expand into Sh1 trillion scheme in five years
UK tea giant Lipton to sell 15pc stake to local farmers in deal
Move comes in the wake of pact to sell Lipton’s operations in Kenya to Sri Lanka’s Browns Investments. A consortium of farmers’ cooperatives had sought to buy firm’s entire stake.
By 15 days ago
UK tea giant Lipton to sell 15pc stake to local farmers in deal
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Treasury increases Hustler Fund as borrowers struggle to get loans
This is in addition to the over Sh25 billion that the Kenya Kwanza administration has allocated to the Fund since its inception.
By 15 days ago
Treasury increases Hustler Fund as borrowers struggle to get loans
New payment platform takes on telcos, banks
Payless is poised to become a disruptive force in the payments landscape, heralding a new dawn for the vibrant, tech-savvy youth across Nairobi, Kenya and across Africa
By 16 days ago
New payment platform takes on telcos, banks
CS kicks out Kuscco board after new audit reveals loss of billions
Move comes four months after the top management of the union was bundled out of office.
By 16 days ago
CS kicks out Kuscco board after new audit reveals loss of billions
Fuliza: Kenya eyes Sh160 billion loan from World Bank
The government has reported to the World Bank that it has concluded implementing reforms under the sixth Development Policy Operation (DPO6).
By 15 days ago
Fuliza: Kenya eyes Sh160 billion loan from World Bank
Treasury to cut borrowing, spending on shortfall in revenue collection
Budget estimates indicate the government plans to borrow Sh541.7 billion in the next financial year. Tax collection has been below target with revenue up to March falling short by Sh255 billion.
By 19 days ago
Treasury to cut borrowing, spending on shortfall in revenue collection
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State to shut down 25 entities, privatise others in new reforms
National Treasury says it has undertaken a preliminary assessment of the 288 State corporations.
By 19 days ago
State to shut down 25 entities, privatise others in new reforms
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Workers hang on hope as Ruto only offers them pay rise promise
Employers warn raising salaries without legal guidelines compromising entrepreneurship.
By 21 days ago
Workers hang on hope as Ruto only offers them pay rise promise
Insurance sector players to explore use of AI in deepening uptake
The sector will meet in Nairobi next week for a two-day conference on innovation in retail insurance.
By 21 days ago
Insurance sector players to explore use of AI in deepening uptake
Public hearings on controversial tobacco packaging rules kick off
Research shows that cigarette smoking is by far the most dangerous form of tobacco use.
By 21 days ago
Public hearings on controversial tobacco packaging rules kick off
It's a bumpy ride for e-mobility firms in bid to move past start-up phase
Industry players say they are picking up pace and in the sector’s next phase of growth needing to attract major financiers, with funds from venture capitalists and private equities drying up.
By 22 days ago
It's a bumpy ride for e-mobility firms in bid to move past start-up phase
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How to turn the tide against Kenyans' poor saving culture
In some markets, April is Financial Literacy Month, and the duo of Dolly Sagwe and Kendi Ntwiga spent time over the month talking to Kenyans about personal money habits such as saving.
By 21 days ago
How to turn the tide against Kenyans' poor saving culture
KQ suspends flights to Kinshasa over detention of staff
Kenya Airways has suspended flights to the Democratic Republic of Congo in protest over the continued detention of two employees based in Kinshasa.
By 23 days ago
KQ suspends flights to Kinshasa over detention of staff
Logistics firm eyes bigger market pie after MSC pact, rebrand
This followed a Sh793 billion acquisition by global shipping giant MSC, which AGL Regional Managing Director East Africa Jason Reynard said highlights the long-term commitment.
By 23 days ago
Logistics firm eyes bigger market pie after MSC pact, rebrand
Absa Life Assurance earnings jump 84pc to Sh667 million
Absa Life Assurance Kenya (Absa Life) has reported an 84 per cent growth in net profit to Sh667.2 million for the year ending December 31, 2023, from Sh361.86 million recorded in 2022.
By 23 days ago
Absa Life Assurance earnings jump 84pc to Sh667 million
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Arrest of two KQ staff by Congo military sparks diplomatic tiff
The employees were alleged to have contravened regulations in the export of unidentified cargo. The government has condemned the arrest accusing Congo of ‘acting in bad faith’.
By 25 days ago
Arrest of two KQ staff by Congo military sparks diplomatic tiff
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Price cuts: Why State could be taking undue credit
Have the policies that the Kenya Kwanza regime put in place in its one-and-a-half years in office lowered the cost of living?
By 29 days ago
Price cuts: Why State could be taking undue credit
Pharmacists want chemists selling prescription drugs to minors punished
PSK has distanced itself from pharmacists that have allegedly been selling prescription drugs to minors.
By 1 month ago
Pharmacists want chemists selling prescription drugs to minors punished
Kenya Power bets on e-mobility for growth
This is as the firm readies for increased competition following a recent change in the law, allowing competitors into the distribution and retail of electricity.
By 1 month ago
Kenya Power bets on e-mobility for growth
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Kenya leads global push to raise Sh322tr from climate taxes
President Ruto was among leaders who spearheaded formation of the International Tax Task Force at COP28.
By 1 month ago
Kenya leads global push to raise Sh322tr from climate taxes
New players crash Africa's carbon credits mega party
Despite the enormous potential, Kenya and other African countries have been missing out on carbon credits markets.
By 1 month ago
New players crash Africa's carbon credits mega party
Kenya's farmers to sell produce at Carrefour outlets in other countries
Carrefour is implementing a programme that will help local farmers export produce to countries where it has operations.
By 1 month ago
Kenya's farmers to sell produce at Carrefour outlets in other countries
Small-scale gas suppliers worry over centralised imports plan
Epra last week said it is looking into the possibility of restricting LPG imports and would only allow importation through the Open Tender System.
By 1 month ago
Small-scale gas suppliers worry over centralised imports plan
Diesel, kerosene prices drop by biggest margin in latest review
The cost of diesel reduced by a big margin of Sh10, and will for the next one month retail at Sh180.38 a litre in Nairobi.
By 1 month ago
Diesel, kerosene prices drop by biggest margin in latest review
TikTok takes fight to block Kenya ban to Parliament
Platform’s top officials tell House committee ban would infringe on Kenyans’ constitutional rights. Petitioner wants it banned for allegedly promoting violence and explicit sexual content.
By 1 month ago
TikTok takes fight to block Kenya ban to Parliament
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Board deals Chinese firm blow in Sh1b KenGen tender
Procurement watchdog has rejected Sinopec’s bid to stop the re-advertising of a tender to enhance KenGen’s Olkaria geothermal fields.
By 1 month ago
Board deals Chinese firm blow in Sh1b KenGen tender
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State mulls blocking Dar gas imports on safety concerns
Epra plans to review the law and restrict the importation of Liquified Petroleum Gas (LPG) through the Open Tender System (OTS).
By 1 month ago
State mulls blocking Dar gas imports on safety concerns
KeNHA accuses transporter of breaching cargo height rule
The firm’s trucks have been stuck at the Coast for more than a week loaded with cargo destined for Uganda, which it says has caused losses for both the company and its client.
By 1 month ago
KeNHA accuses transporter of breaching cargo height rule
Murkomen supports local airlines, opposes open skies policy
The government says it will not yield to pressure to liberalise Kenyan skies and give foreign carriers easy access to different airports within the country.
By 1 month ago
Murkomen supports local airlines, opposes open skies policy
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How Kenyans coped with high living costs, rising energy prices
Kenyans reduced their consumption of petroleum products as they coped with the higher cost of fuel while defaulting on payment of their electricity bills.
By 1 month ago
How Kenyans coped with high living costs, rising energy prices
Civil servants face the axe as Ruto plays to the tunes of IMF
Analysts say Ruto’s target on parastatals could be a way of deepening IMF’s backed reforms this time restructuring government entities.
By 1 month ago
Civil servants face the axe as Ruto plays to the tunes of IMF
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Transport CS Murkomen unveils plan to boost domestic flights
In opening a hub at JKIA, Skyward Express which has been operating flights from Wilson Airport, the carrier is seeking to further expand operations in Kenya.
By 1 month ago
Transport CS Murkomen unveils plan to boost domestic flights
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Financial hardships dampen Easter celebrations among Kenyans
EACC survey found the high cost of living is perceived as the biggest challenge facing the economy today. World Happiness Report 2024 edition ranked Kenya at position 114 out of 143.
By 1 month ago
Financial hardships dampen Easter celebrations among Kenyans
Kenya Pipeline boosts State coffers with Sh5b dividend payout
The Kenya Pipeline Company (KPC) has paid an interim dividend of Sh5 billion to the National Treasury for the financial year ended June 2023.
By 1 month ago
Kenya Pipeline boosts State coffers with Sh5b dividend payout
Graft becoming norm as civil servants oil the vice
Report shows Kenyans seeking employment paid the largest bribes with Kenyans citing Ministry of Interior, Police Service and county health departments as the most corrupt institutions.
By 1 month ago
Graft becoming norm as civil servants oil the vice
Fierce Ruto defenders now pushing anti-Gachagua crusade
Politics
By Ndung’u Gachane
20 mins ago
Why there is a boon in real estate amid tough economic conditions
Real Estate
By Graham Kajilwa
20 mins ago
Fresh plan to privatise 200 state agencies
Business
By Benjamin Imende
20 mins ago
Black market to thrive as Ruto tax plan suffers blow
Business
By Brian Ngugi
20 mins ago
Why some Azimio leaders accompanied Ruto to the US
Politics
By Mate Tongola
20 mins ago
Why is climbing Mount Everest so dangerous?
Explainers
By The Coversation
20 mins ago