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Why electing more women to positions of leadership is good for the country
When women find themselves in leadership, they tend to make people their priority paving the way for healthier, stronger and more consensual decisions.
By Dominic Omondi 12 days ago
Why electing more women to positions of leadership is good for the country
Three IPPs to take tariff cuts, signalling fall in electricity bills
As part of President Uhuru Kenyatta’s promise of reducing the cost of electricity by 30 per cent, the government was to first effect a 15 per cent tariff reduction in the first quarter of this year.
By Dominic Omondi 12 days ago
Three IPPs to take tariff cuts, signalling fall in electricity bills
CEO of firms maintain positive business outlook ahead of polls
CEO Business Confidence Index gauges the confidence that business leaders have about their businesses, industry and the economy before polls.
By Dominic Omondi 13 days ago
CEO of firms maintain positive business outlook ahead of polls
Aviation sector premiums drop as airlines cut their fleet size
Ukur Yatani in his budget speech for the current financial said Kenya Airways (KQ) will be required to trim its fleet as part of the airline’s restructuring process.  
By Dominic Omondi 15 days ago
Aviation sector premiums drop as airlines cut their fleet size
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Why youth face rough terrain in post-Covid world
Kenya is one of the countries that put in place sound plans to help the youths recover from the negative effects of Covid-19, a new study has shown.
By Dominic Omondi 16 days ago
Why youth face rough terrain in post-Covid world
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Economy on a standstill as country headed for elections
CBK data shows that there was an increase of Sh18.5 billion of cash outside of banks in the first four months of this year compared to an increase of Sh6.6 billion in the same period last year.
By Dominic Omondi 16 days ago
Economy on a standstill as country headed for elections
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High fuel costs slowing down farming activities, warns CBK
Crop growing and livestock rearing activities continue to contract, registering a negative growth of 0.7 percent in the review period compared to a contraction of 0.4 percent last year.
By Dominic Omondi 16 days ago
High fuel costs slowing down farming activities, warns CBK
KCB enters DRC by acquiring a local bank
KCB announced on Tuesday that it had 85 per cent of TMB, gaining a foothold into the 90-million market.
By Dominic Omondi 15 days ago
KCB enters DRC by acquiring a local bank
Kenya Power steps up roll-out of electric car plans with tender
State-owned Kenya Power is seeking a contractor to build design charging stations, a billing and payment system and service management.
By Dominic Omondi 15 days ago
Kenya Power steps up roll-out of electric car plans with tender
Survey shows CEOs optimistic even as business activities dip
Findings show the economy has been strained by a high cost of living. Most executives, however, express business optimism on growth prospects for their companies and respective sectors.
By Dominic Omondi 17 days ago
Survey shows CEOs optimistic even as business activities dip
How retooling is lifting women to break glass-ceiling in tough job market
Youthful females are now able to rise from the vagaries of Covid-19 and claim their place in workplace and business through new skills.
By Dominic Omondi 18 days ago
How retooling is lifting women to break glass-ceiling in tough job market
Agony for consumers as cost of living hits five-year high in July
Inflation rose to 8.3 per cent mainly due to the increase in prices of food and fuel.
By Dominic Omondi 19 days ago
Agony for consumers as cost of living hits five-year high in July
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Voter bribery causing shortage of notes
CS Matiang’i noted that after elections, 40 people that will be elected are active players in money laundering and trafficking.
By Dominic Omondi 21 days ago
Voter bribery causing shortage of notes
How hotels are changing to accommodate millennial lifestyle
Globally, the hospitality trends have been changing, catalysed in recent times by the Covid-19 pandemic.
By Dominic Omondi 21 days ago
How hotels are changing to accommodate millennial lifestyle
SGR loan repayments leave Sh27b dent in forex reserves
FX reserves declined to Sh918.8 billion by the end of Friday from Sh942.9 billion after Treasury paid the part of the loan for the modern rail.
By Dominic Omondi 22 days ago
SGR loan repayments leave Sh27b dent in forex reserves
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Kenya's forex reserves drop by Sh27 billion after payment of SGR loans
Forex reserves dip after Kenya rapays part of the SGR loans to China.
By Dominic Omondi 22 days ago
Kenya's forex reserves drop by Sh27 billion after payment of SGR loans
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Debt repayment holiday saves government over Sh256 billion
Kenya also borrowed less than it had projected which narrowed its fiscal deficit. It was even lauded by the IMF on its performance in the last financial year.
By Dominic Omondi 24 days ago
Debt repayment holiday saves government over Sh256 billion
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The fall of mighty 'ndovu': Why the Sh1,000 is now just another note
The value of Kenya's largest denomination note has been eroded massively and can only buy you and handful of items now compared to a few months ago
By Dominic Omondi 25 days ago
The fall of mighty 'ndovu': Why the Sh1,000 is now just another note
Aden Duale blames Treasury, CBK for dollar shortage
Garissa Town MP Aden Duale had pointed an accusing finger at the National Treasury and the Central Bank of Kenya (CBK) for the dollar shortage in the country.
By Dominic Omondi 25 days ago
Aden Duale blames Treasury, CBK for dollar shortage
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Taxpayers to fork out Sh103b to bail out Kenya Airways, again
Cash to pay off the airline's debts is an arrangement between Kenya and IMF aimed at restructuring some State-owned enterprises to reduce their fiscal risks.
By Dominic Omondi 27 days ago
Taxpayers to fork out Sh103b to bail out Kenya Airways, again
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Inside Uhuru's low-priced unga deal
Prices of unga have risen sharply following a drought and a surge in prices of fertiliser, with a 2kg packet retailing for as high as Sh230 in some outlets.
By Dominic Omondi 27 days ago
Inside Uhuru's low-priced unga deal
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Kenya to borrow Sh130b from banks after dropping Eurobond
It will be the first syndicated loan for National Treasury Cabinet Secretary Ukur Yatani since he took over the finance docket from Henry Rotich in 2018.
By Dominic Omondi 28 days ago
Kenya to borrow Sh130b from banks after dropping Eurobond
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IMF loans Kenya Sh28 billion as SGR debt repayments fall due
It comes at a time Kenya is grappling with many challenges, including maturing debts and the spillover effects of the Ukrainian war.
By Dominic Omondi 29 days ago
IMF loans Kenya Sh28 billion as SGR debt repayments fall due
No cheap unga yet as millers seek assurance on payments
Millers are concerned about the availability of maize from the local market, with the government saying that it expects them to continue purchasing available maize at market rates.
By Dominic Omondi 29 days ago
No cheap unga yet as millers seek assurance on payments
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Ex-British Prime Minister Tony Blair's foray into Africa stirs continent
Mr Blair has been working with the Kenyan government and 16 other African countries in what has raised eyebrows about what the former Labour Party politician is up to.
By Dominic Omondi 30 days ago
Ex-British Prime Minister Tony Blair's foray into Africa stirs continent
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Ugali politics as prices fall by half
The maize subsidy is among recent populist moves by Uhuru ahead of the General Election. Experts question where a cash-strapped government will get the money for the subsidy.
By Dominic Omondi 29 days ago
Ugali politics as prices fall by half
Can Kenya go the Sri Lankan way?
Kenya and Sri Lanka face high debt levels and a fraction of public debt to GDP is over 65 percent. Analysts warn the economic turmoil in Sri Lanka could easily be replicated in Kenya.
By Dominic Omondi 1 month ago
Can Kenya go the Sri Lankan way?
IMF: World Uncertainty Index not ours
The IMF said that while the WUI has been generated by two of its employees, it is not part of its publications.
By Dominic Omondi 1 month ago
IMF: World Uncertainty Index not ours
Kenya Railways ordered to pay evicted families Sh20.6 million in damages
The families will receive Sh100,000 each from the compensation as general damages for a breach of their fundamental rights.
By Dominic Omondi 1 month ago
Kenya Railways ordered to pay evicted families Sh20.6 million in damages
Furniture firm inks distribution deal with Egyptian manufacturer
The deal will see Henson Africa distribute Mobica’s furniture across East Africa.
By Dominic Omondi 1 month ago
Furniture firm inks distribution deal with Egyptian manufacturer
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End of boda boda anarchy?
In March, Matiangi gave boda boda operators 60 days to join a registered Sacco in a move aimed at weeding out criminals from the sector.
By Dominic Omondi 1 month ago
End of boda boda anarchy?
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The debt-fuelled hits and misses that will define Uhuru's legacy
Uhuru, who has taken loans nearly three times as much as what his three predecessors borrowed combined, believes he will be vindicated.
By Dominic Omondi 1 month ago
The debt-fuelled hits and misses that will define Uhuru's legacy
KRA surpasses tax revenue target to net a record Sh2tr
KRA had a tax collection target of Sh1.882 trillion in the financial year that ended last month as captured in the 2022 Budget Policy Statement.
By Dominic Omondi 1 month ago
KRA surpasses tax revenue target to net a record Sh2tr
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How Treasury is driving up cooking oil prices
Retail prices of cooking oil have risen sharply by more than a half, with a litre going at an average of Sh387.98 in June this year compared to Sh255.83 in June last year.
By Dominic Omondi 1 month ago
How Treasury is driving up cooking oil prices
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Charles Muchene: The highs and lows of chairing EABL board
Muchene joined EABL when together with SAB Miller was going through a bitter divorce, 10 years after they inked a manufacturing and distribution agreement that ended the infamous “beer wars.”
By Dominic Omondi 1 month ago
Charles Muchene: The highs and lows of chairing EABL board
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Why Kenya is teetering on the brink of a full-blown economic crisis
On Friday, Agriculture Cabinet Secretary Peter Munya, urged Kenyans, the biggest consumers of maize on this side of the Sahara, only matched by Malawians, to stop their over-reliance on the grain.
By Dominic Omondi 1 month ago
Why Kenya is teetering on the brink of a full-blown economic crisis
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Kenya to pay China Sh30b for two railway loans this month
Debt repayment will put a dent in the country’s foreign exchange reserves. Loans were procured from China Exim Bank and denominated in dollars.
By Dominic Omondi 1 month ago
Kenya to pay China Sh30b for two railway loans this month
High food prices to persist as fertiliser imports thin out
Relative to May 2022, prices of wheat flour-white, carrots and cooking oil (salad) increased by 12.7, 4.7 and 4.7 per cent in June 2022 respectively.
By Dominic Omondi 1 month ago
High food prices to persist as fertiliser imports thin out
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SportsPesa among 97 betting firms to miss out on licence
Betting firms licensed for the year that ended on June 30 published by BCLB were 100 from 76 in a similar period in 2020.
By Dominic Omondi 1 month ago
SportsPesa among 97 betting firms to miss out on licence
Economy grew by 6.8 per cent between January-March amidst high cost of living
Growth is the highest in 22 years, according to Kenya National Bureau of Statistics. However, the economy has since then been strained by a high cost of living
By Dominic Omondi 1 month ago
Economy grew by 6.8 per cent between January-March amidst high cost of living