Engineers' body poll: Buildings collapse, jobs dominate debate
Thursday’s election pits Grace Kagondu, currently the first vice president at IEK, against Eng Shammah Kiteme. They say developers cut corners and fail to incorporate professionals in construction.
By 3 days ago
Engineers' body poll: Buildings collapse, jobs dominate debate
Hope for lower cost of living as fuel prices slide to seven-month low
Pump prices have gone down to levels last seen seven months ago. Strong shilling and dropping crude oil prices reasons for lower cost.
By 3 days ago
Hope for lower cost of living as fuel prices slide to seven-month low
Petrol prices drop by Sh7 per litre on strengthening shilling
EPRA fuel prices review: Petrol down by Sh7.21 to retail at Sh199.15, Diesel drops by Sh5.09 to Sh190.38, Kerosene down by Sh4.49 to sell at Sh188.74 per litre.
By 4 days ago
Petrol prices drop by Sh7 per litre on strengthening shilling
State restarts privatisation drive with sale of hotels
The Privatisation Authority has said it is looking for a transaction advisor who will guide the sale of the hotels spread across the country. 
By 5 days ago
State restarts privatisation drive with sale of hotels
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Multinational tea firms go easy on mechanisation amid conservation bid
Large tea firms say they have refrained from laying off their staff in their quest to mechanise.
By 6 days ago
Multinational tea firms go easy on mechanisation amid conservation bid
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All eyes on High Court in Sh3.5b Kenyatta kin land tussle with wealthy Bid family
The battle pits the wealthy Bid family and Uhuru Kenyatta’s cousins, Ngengi Muigai and his brother Kung’u Muigai.
By 6 days ago
All eyes on High Court in Sh3.5b Kenyatta kin land tussle with wealthy Bid family
Govt withdraws state adverts from radio, TVs in another mortal blow to media industry
Independent radio and television stations will be getting zero revenue from the government, as is the case with the newspapers, except for The Star. 
By 10 days ago
Govt withdraws state adverts from radio, TVs in another mortal blow to media industry
State inaction on Tullow plan approval to delay oil project
The energy sector regulator has postponed approval of Tullow Oil’s Field Development Plan that would grant the firm an oil production licence.
By 12 days ago
State inaction on Tullow plan approval to delay oil project
Business uncertainty persists amid higher February output
Business leaders do not expect growth over the next year despite improved economic conditions in February. 
By 13 days ago
Business uncertainty persists amid higher February output
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Confusion after State publishes rules to end KPLC monopoly
New regulations are aimed at opening up distribution and retail of electricity. Epra is however undertaking a public participation exercise on the same issue this week.
By 13 days ago
Confusion after State publishes rules to end KPLC monopoly
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How second bond market will complicate State pricing of domestic debt
Introducing another bond trading platform could present the National Treasury with a dilemma on how to price bonds when borrowing locally.
By 13 days ago
How second bond market will complicate State pricing of domestic debt
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Monopoly firms making Kenya unattractive, blocking investors
There have been instances where a few large players in a sector have formed cartel-like coalitions that collude to keep retail prices high locking out other players.
By 14 days ago
Monopoly firms making Kenya unattractive, blocking investors
KRA waives Sh200b in penalties under amnesty programme
Taxpayers are required to make full payment of the principal taxes and apply for amnesty by June 30 this year. 
By 20 days ago
KRA waives Sh200b in penalties under amnesty programme
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Ghosts of Safaricom IPO refunds haunt Citibank 16 years later
Post-IPO was a not-so-happy period for several investors. To date, some 16 years later, some of them are still reeling from the aftermath of what is still the biggest IPO at the NSE.
By 20 days ago
Ghosts of Safaricom IPO refunds haunt Citibank 16 years later
New tariff lifts Kenya Power to Sh319 million half-year profit
Increased electricity consumption by Kenyans also contributed to the profitability as utility firm shrugged off a major hit from the weakening of the shilling last year.
By 23 days ago
New tariff lifts Kenya Power to Sh319 million half-year profit
Hike in EPRA levy denies motorists a bigger drop in pump prices
A higher Energy and Petroleum Regulatory Authority (Epra) levy denied motorists a bigger drop in the cost of fuel last week after it was effected in the February-March pricing cycle.
By 25 days ago
Hike in EPRA levy denies motorists a bigger drop in pump prices
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Fuliza: How Kenyans are borrowing to pay debt and lend
Majority are borrowing for consumption and probably worse, lending to friends and relatives in distress. While some have lost their jobs, the earnings of many have shrunk.
By 1 month ago
Fuliza: How Kenyans are borrowing to pay debt and lend
Cyber attacks increase tenfold on outdated security systems
Kenyan firms and individuals faced an increasingly hostile online environment as assaults by cybercriminals surged to high levels in three months to December last year.
By 1 month ago
Cyber attacks increase tenfold on outdated security systems
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Solar waste headache as devices flood Kenyan market
The growing consumption, however, presents a major challenge for the country. What do the consumers do with the panels, appliances, batteries and other accessories once they reach their end of life?
By 1 month ago
Solar waste headache as devices flood Kenyan market
KPC to shorten testing time for petroleum products in lab
The company has to date been outsourcing most of the testing to the Swiss testing and inspection from SGS but has now received accreditation.
By 1 month ago
KPC to shorten testing time for petroleum products in lab
KenGen cranks up cheap hydro power as bills remain high
KenGen has said it will ramp up production of electricity from its hydropower plants in Eastern region after water levels reached the highest point in recent years.
By 1 month ago
KenGen cranks up cheap hydro power as bills remain high
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Inside Kenya's Sh900b plan to transform rail transport
KRC also expects to move from an operating loss of Sh2.4 billion in the 2022/2023 financial year to an operating profit of Ksh. 9.09 billion in 2027/28 financial year.
By 1 month ago
Inside Kenya's Sh900b plan to transform rail transport
January inflation rises to 6.9 per cent negating declining trend in earlier months
The high rate of inflation in January negates the declining trend that had been experienced since October last year.
By 1 month ago
January inflation rises to 6.9 per cent negating declining trend in earlier months
Kenya Power to hire consultant to advise on dollar impact
The weak shilling has had a major impact on Kenya Power and saw it plunge into losses over the last financial year.
By 1 month ago
Kenya Power to hire consultant to advise on dollar impact
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State to rev up nuclear energy drive as power demand rises
Kenya plans to commission its first plant by 2035 with a site already identified at the Coast. Agencies mandated to spearhead the programme seek collaboration with other sector players.
By 1 month ago
State to rev up nuclear energy drive as power demand rises
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Kibaki era tycoons to lose grip of cash-strapped TransCentury
Kuramo Capital has applied to Comesa for approval to raise its stake to 74 per cent. Equity investor last year injected Sh3.2 billion to help firm avoid defaulting on bond.
By 1 month ago
Kibaki era tycoons to lose grip of cash-strapped TransCentury
UK to guarantee Kenya loans worth Sh9.4b for electricity transmission system upgrade
AfDB and the UK have announced that Kenya’s Transmission Network Improvement Project had been selected as a beneficiary project under the Room to Run Sovereign transaction (R2RS).
By 1 month ago
UK to guarantee Kenya loans worth Sh9.4b for electricity transmission system upgrade
Regional business leaders to meet in Nairobi for sustainability conference
The Corporate Citizens of Africa (CCA) Corporate Sustainability Week is scheduled to take place between March 5 and 7.
By 2 months ago
Regional business leaders to meet in Nairobi for sustainability conference
Cooling appliances uptake exposes Kenya to dumping risk
Demand from domestic household cooling appliances could account for as much as 13 per cent of the electricity demand in the coming years.
By 2 months ago
Cooling appliances uptake exposes Kenya to dumping risk
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Cabinet okays merger of State bank accounts
The structure of the TSA will include the National Exchequer Account, the TSA Sub-Account and the County Revenue Fund.
By 2 months ago
Cabinet okays merger of State bank accounts
Privatisation of State corporations faces more opposition
The Privatisation Act 2023, which came into force in October, gives the Treasury authority to sell off the entities without Parliamentary approval.
By 2 months ago
Privatisation of State corporations faces more opposition
Ruto to commission key power infrastructure at Naivasha SEZ
The firms that are ready to set up are projected to create over 3,000 jobs in the coming years with government having secured 16 investors
By 2 months ago
Ruto to commission key power infrastructure at Naivasha SEZ
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Ruto orders New KCC to pay farmers Sh50 per litre of milk
This is a boon for dairy farmers and is likely to spark a price war among dairy companies as they woo farmers for milk supply.
By 2 months ago
Ruto orders New KCC to pay farmers Sh50 per litre of milk
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Private sector confidence drops amid a tough environment
A new survey shows that just 11 out of every 100 companies polled predicted growth in 2024, an indication that the difficulties experienced last year might persist throughout this year.
By 2 months ago
Private sector confidence drops amid a tough environment
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Non-deposit-taking Saccos to start paying regulatory levy
Non-deposit-taking Saccos will beginning this month pay an annual regulatory fee as they fully come under the purview of the industry regulator, Sasra.
By 2 months ago
Non-deposit-taking Saccos to start paying regulatory levy
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It's a mixed bag for State's coffee reforms, a year on
Successive regimes, including the current one, have blamed deeply entrenched cartels for running down the sector that was once a leading foreign exchange earner.
By 2 months ago
It's a mixed bag for State's coffee reforms, a year on
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Gilbert Langat: Founding Shippers Council CEO takes final sail
Gilbert Langat, who died December 28 and was buried Friday at his Lessos home in Nandi County, was also recognised as a campaigner for the northern transport corridor
By 2 months ago
Gilbert Langat: Founding Shippers Council CEO takes final sail
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Imports decline defying a weak shilling, KNBS data now shows
The value of imports to Kenya over the three months reduced 1.6 per cent, according to official government data, to Sh648.6 billion from Sh659 billion over a similar quarter in 2022.
By 2 months ago
Imports decline defying a weak shilling, KNBS data now shows
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Why economists think Ruto's address was way off the mark
The president projected a bullish image noting that the pressing issue of the high cost of living is being handled.
By 2 months ago
Why economists think Ruto's address was way off the mark
Agriculture lifts economy to a 5.9pc growth in third quarter
Agriculture grew 6.7 per cent over the quarter to September 2023, compared to a negative growth of 1.3 per cent over a similar quarter last year due to the prolonged drought.
By 2 months ago
Agriculture lifts economy to a 5.9pc growth in third quarter
Inside Kalonzo's charm offensive in Mt Kenya
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