Uchumi to hold first shareholders' meeting in eight years

Uchumi currently operates under a Company Voluntary Arrangement, an agreement between the company and its creditors supervised by the court. 

By Mkala Mwangesha 7 days ago

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Spotlight on Gulf Energy's dominance of energy sector

Gulf Energy’s growing control of Kenya’s oil and gas sector has drawn criticism amid tax breaks aimed at fast-tracking the country’s oil ambitions.

By Mkala Mwangesha 8 days ago

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How Treasury is edging out 'mama mboga' for banks

Kenya’s increased reliance on local borrowing is raising concerns that it is crowding out businesses and households from accessing credit, potentially slowing economic growth.

By Mkala Mwangesha 9 days ago

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Deal gone sour: Arrest of energy bosses exposes deep rot in sector

The plot to circumvent the G-to-G fuel importation deal behind the back of top government official and powerful oil marketing companies has now blown into a major scandal.

By Mkala Mwangesha 10 days ago

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How Kenya's tight petroleum testing process is breached

Epra has in numerous instances intercepted adulterated fuel sold to unsuspecting Kenyans but also tax evaders that divert products meant for export into the local market. 

By Mkala Mwangesha 12 days ago

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Kenya urged to pilot AI regulatory Sandbox in bid to lead Africa's digital future

Kenya has been urged to establish an artificial intelligence (AI) regulatory sandbox a controlled environment

By Mkala Mwangesha 12 days ago

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Eyes on Epra as Tanzania hikes pump prices by 34 per cent

Tanzania’s sharp fuel price hike has put pressure on the Energy and Petroleum Regulatory Authority ahead of Kenya’s next pricing cycle.

By Mkala Mwangesha 13 days ago

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Iran war: Why Kenyans should brace for fuel crisis despite State's assurance

Many independent petroleum outlets are currently facing shortages, while some major oil marketers are operating with limited fuel supplies.

By Mkala Mwangesha 18 days ago

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Parastatals issued ultimatum to comply with human resource guidelines

The Public Service Commission has given parastatals 180 days to align with approved human resource guidelines or risk invalidating their personnel decisions.

By Mkala Mwangesha 19 days ago

State agencies given 6 months to comply with HR guidelines

In a new circular, any parastatal operating without PSC-approved guidelines after the six-month grace period will see its personnel decisions lose all legal standing.

By Mkala Mwangesha 19 days ago

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Fuel shortage: Oil marketers put on notice over hoarding

Many petrol stations have reported stockouts even as oil marketing companies were accused of hoarding product.

By Mkala Mwangesha 20 days ago

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KQ slides back to the red with Sh17.2b net loss

Kenya Airways has reported a net loss of Sh17.16 billion for the period to December 2025

By Mkala Mwangesha 21 days ago

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Fuel shortage: Petrol stations run dry, ration as stock runs low

Fuel shortages are emerging as petrol stations run dry and ration supplies amid disruptions linked to tensions involving Iran.

By Mkala Mwangesha 22 days ago

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Why earnings from sale of oil and minerals won't be invested locally

Proposal seeks to shield the wealth from political meddling and the economy from over-reliance on the inflows.

By Mkala Mwangesha 27 days ago

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While local businesses struggle, foreigners are finding fortune

Foreign investors are thriving in Kenya’s business landscape while many local enterprises struggle under a worsening operating environment.

By Mkala Mwangesha 28 days ago

Old Mutual profit hits Sh856m despite Tanzania unit exit

Old Mutual Holdings has reported a Sh856 million profit after tax for the year that ended on December 2025

By Mkala Mwangesha 29 days ago

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Turf wars at anti-counterfeit agency as legal chief interdicted

A senior legal official at the Anti-Counterfeit Authority has found himself at odds with the agency for blatant disregard for laws governing conflict of interest and abuse of office.

By Mkala Mwangesha 29 days ago

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Exit of Lokichar-Lamu line ties KPC's growth to complex oil export plan

The Kenya Pipeline Company could be compelled to pump billions of shillings to convert some of its facilities in Mombasa to handle crude oil from Lokichar in Turkana County for export.

By Mkala Mwangesha 29 days ago

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Kenya braced for economic shockwaves from Iran war

Kenya could face rising fuel costs and disrupted trade if the war involving Iran, United States and Israel continues, threatening supply chains and export markets.

By Mkala Mwangesha 1 month ago

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Ruto approves bill leveraging 90pc of rail levy for borrowing

President William Ruto has signed a law allowing the government to use up to 90% of the Railway Development Levy as collateral to secure new loans for railway projects.

By Mkala Mwangesha 1 month ago

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Why fuel prices have remained unchanged despite attacks on Iran

EPRA has retained pump prices for the March-April pricing cycle at the same levels as the previous cycle following modest increases in landed cost of super petrol.

By Mkala Mwangesha 1 month ago

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The pipeline truth: How Museveni outfoxed Ruto into ceding control of KPC

Uganda has secured a key stake in Kenya Pipeline Company through its Initial Public Offer, raising concerns over foreign control of Kenya’s strategic assets.

By Mkala Mwangesha 1 month ago

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Hits and misses in Kenya Pipeline IPO as State eyes more listing deals

The government’s IPO of Kenya Pipeline Company has breathed some life into Kenya’s equity market, with the share sale setting the stage for a new wave of State-backed listings at the NSE.

By Mkala Mwangesha 1 month ago

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Kenya's oil sector on edge amid escalating US-Israeli war on Iran

Kenya’s oil sector faces potential disruption and rising fuel prices as the US–Israel war on Iran threatens global supply chains.

By Mkala Mwangesha 1 month ago

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State: Gulf firms to keep fuel flowing into Kenya despite Middle East crisis

Kenya is banking on the controversial G-to-G oil deal it signed with Gulf oil firms to ensure an uninterrupted supply of petroleum products despite the Middle East crisis.

By Mkala Mwangesha 1 month ago

Private sector activity registers sluggish growth in February

Kenya’s private sector grew at a slower pace in February due to weaker agriculture and manufacturing performance, although firms continued to boost hiring at the fastest rate in a year.

By Mkala Mwangesha 1 month ago

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Importers fight state plan to use railway levy for loans

Importers are opposing the government’s proposal to use up to 90% of Railway Development Levy funds as collateral for loans, citing concerns over the impact on logistics and trade.

By Mkala Mwangesha 1 month ago

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Sale of strategic assets, infrastructure fund offer new fodder for Ruto critics

The sale of government assets and the proposed establishment of Infrastructure Fund appear to give ammunition to critics of President William Ruto to poke holes into his economic policies. 

By Mkala Mwangesha 1 month ago

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State ups domestic borrowing to avert global lenders' scrutiny

Kenya is increasing domestic borrowing to finance its budget deficit, a move seen as avoiding the stringent conditions tied to external loans from multilateral lenders.

By Mkala Mwangesha 1 month ago

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Inside NTSA's Sh42b e-driving licenses, instant fines system

Project will be implemented in a public-private partnership by a consortium of KCB Group and Pesa Print. Ruto-linked consortium will operate the system for 21 years, charging drivers Sh3,000.

By Mkala Mwangesha 1 month ago

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Why Parliamentary Budget Office has issues with counties' Sh4.67 trillion spending

PBO has called out county governments for years of spending in what has amounted to trillions of shillings that has however not translated into better living conditions for Kenyans. 

By Mkala Mwangesha 1 month ago

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'Eurobondage': How Kenya dug itself into a cycle of borrowing

Since issuing its first Eurobond in 2014, Kenya has faced mounting concerns that repeated bond borrowing has locked the country into a growing debt cycle.

By Mkala Mwangesha 1 month ago

Gulf Energy secures oil rig ahead of Lokichar project kick-off

Gulf Energy, the firm that last year took over the Turkana oil project, says it has leased an oil rig from a Middle Eastern firm that will be used to drill oil wells in Lokichar.

By Mkala Mwangesha 1 month ago

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How governors spend billions on development with little to show

Since 2013, the five counties of Mandera, Wajir, Garissa, Isiolo and Marsabit have spent Sh443 billion on their recurrent and development budgets.

By Mkala Mwangesha 1 month ago

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From SGR operations to dollar deals: Inside Kenya Railways audit queries

The dealings between Kenya Railways and Afristar, which operates the SGR, are again under scrutiny as an internal audit points to breaches in the public finance management laws.

By Mkala Mwangesha 1 month ago

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KQ eyes fleet recovery after planes grounding turbulence

After months of operational turbulence, Kenya Airways has revealed that all grounded aircraft will be back in the skies by June 2026, marking a major recovery push after months of disruption.

By Mkala Mwangesha 2 months ago

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January inflation hits 6-month low despite rise in food prices

The measure of the living cost dropped to 4.4 per cent during the month after oscillating between 4.5 per cent and 4.6 per cent between August and December 2025.

By Mkala Mwangesha 2 months ago

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Why NSSF payouts have fallen

NSSF says benefits paid to retirees dropped by nearly Sh1 billion on account of reduced applications. 

By Mkala Mwangesha 2 months ago

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Why Kenyans are shying away from bank loans

Industry players cite shrinking disposable incomes due to tax hikes and rising education and health bills.

By Mkala Mwangesha 2 months ago

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NSSF payouts to retirees drop 10 despite surge in contributions

NSSF said in its annual report that the benefits paid to retirees dropped by 10 per cent to Sh8.74 billion in the year to June 2026

By Mkala Mwangesha 2 months ago