Firms counter State’s plan to cut off lucrative power deals
IPPs have written to the energy regulator, accusing Kenya Power of dishonesty in citing Covid-19 as the reason for terminating purchase agreements.
By Moses Michira 3 years ago
Firms counter State’s plan to cut off lucrative power deals
Equity pulls the plug on plan to buy Atlas Mara
Lender cites uncertainty posed by Covid-19 amid speculation it was holding out for an improved deal
By Moses Michira 3 years ago
Equity pulls the plug on plan to buy Atlas Mara
State’s appetite for taxes ups pain at the pump for consumers
The sector has over the years been a cash cow for the taxman, with the introduction of a 16 per cent VAT charge on fuel in 2018
By Awal Mohammed and Moses Michira 3 years ago
State’s appetite for taxes ups pain at the pump for consumers
Kenya under Covid-19 in 100 days
Positive cases continue to rise with the growing number of samples tested, as State aims for 250,000 tests target by end of June.
By Moses Michira 3 years ago
Kenya under Covid-19 in 100 days
Experts: Budget doesn't do enough
David Ndii, an outspoken economist, said any interventions to support small and medium enterprises (SMEs) would be futile
By Moses Michira 3 years ago
Experts: Budget doesn't do enough
Corona saves defaulters from auctions
Law requires physical presence of bidders but government restrictions do not allow public gatherings.
By Moses Michira 3 years ago
Corona saves defaulters from auctions
Facebook Pay launches in Brazil, eyes M-Pesa users
Social media giant expands WhatsApp payment services after India trials.
By Moses Michira 3 years ago
Facebook Pay launches in Brazil, eyes M-Pesa users
Billions lost in another suspected farm scam
In a story whose script sounds familiar, hundreds were promised millions in returns from 'digital farming' that never was
By Moses Michira 3 years ago
Billions lost in another suspected farm scam
‘Easing Covid-19 curbs will bring economy to life’
Chamber of Commerce President Richard Ngatia says reopening should, however, ensure health protocols and guidelines are observed.
By Moses Michira 3 years ago
‘Easing Covid-19 curbs will bring economy to life’
Yatani gives with left and grabs more with the right
To balance the needs in the seemingly impossible arithmetic, it was easy to see that there were hardly any winners after the one-and-half
By Moses Michira 3 years ago
Yatani gives with left and grabs more with the right
Tough math as Yatani unveils Budget amid ravaging pandemic
Sectors likely to be hit most include agriculture, manufacturing, education, health, tourism, finance, social work and energy.
By Moses Michira 3 years ago
Tough math as Yatani unveils Budget amid ravaging pandemic
Brands that Covid-19 ate
Closure of The Norfolk is the clearest pointer to the struggles the hospitality industry is facing as other major brands are also hurting.
By Moses Michira 3 years ago
Brands that Covid-19 ate
Things look up for key sectors in Sh53.7b State spending plan
Youth, construction and hospitality among biggest beneficiaries of stimulus package meant to soften Covid-19 blow.
By Moses Michira 3 years ago
Things look up for key sectors in Sh53.7b State spending plan
Kenya Railways disowns scheme to oust Chinese firm from running SGR
KRC, however, acknowledges the legal advisory seeking to terminate the operations and maintenance contract
By Moses Michira 3 years ago
Kenya Railways disowns scheme to oust Chinese firm from running SGR
Registrar gazettes notice to dissolve School of Monetary studies
Central Bank of Kenya published a notice to dissolve its principal training facility- the Kenya School of Monetary Studies Limited.
By Moses Michira 3 years ago
Registrar gazettes notice to dissolve School of Monetary studies
Where are the ill? Riddle of deserted hospital and beds
Government officials have already cited the danger of people dying at home
By Moses Michira 3 years ago
Where are the ill? Riddle of deserted hospital and beds
Tanzania accuses Kenya of sabotage
Official also questions reliability of Kenya’s Covid-19 tests at the Namanga border.
By Moses Michira 3 years ago
Tanzania accuses Kenya of sabotage
Corona threatens to cut fabric tying Kenya, Tanzania
President Magufuli has downplayed the impact of the pandemic compared to the rest of the East African region
By Moses Michira 3 years ago
Corona threatens to cut fabric tying Kenya, Tanzania
Kabuga ran transport firm living in Nairobi
Kabuga, a wealthy Rwandan, has been on the run since the 1994 genocide
By Moses Michira 3 years ago
Kabuga ran transport firm living in Nairobi
Corona: Equity, chamber strike Sh250b loans deal for SMEs
Terms of the loan include a repayment period of three years with single-digit interest rates which are below market rates.
By Moses Michira 3 years ago
Corona: Equity, chamber strike Sh250b loans deal for SMEs
We must change tack to survive post-Covid-19, says insurer boss
Jubilee Insurance regional boss opines that insurers are open to negotiations with affected workers to ensure disruptions do not affect validity
By Moses Michira 3 years ago
We must change tack to survive post-Covid-19, says insurer boss
How Sh6b went down drain in an uphill sewer line
Normally, the city’s sewerage flows downhill, but Athi Water Works Development Agency put up one that goes the other way.
By Moses Michira 3 years ago
How Sh6b went down drain in an uphill sewer line
Workplaces will never be the same after pandemic
Many firms have been forced back to the drawing board to stay afloat and keep operations running.
By Moses Michira 3 years ago
Workplaces will never be the same after pandemic
Small family sizes shrink enrolment in schools
Add to the fact child mortality is highest for the children below five, their numbers are likely to decrease even further.
By Moses Michira 3 years ago
Small family sizes shrink enrolment in schools
CS Kagwe throws lifeline to thousands of hotel workers
“I think restaurants employs even more people than hotels, so it is a good place to start.”
By Moses Michira 3 years ago
CS Kagwe throws lifeline to thousands of hotel workers
Goldenscape founder to face Sh900m con charge
Detectives say they are following the paper trail of the lost cash.
By Moses Michira 3 years ago
Goldenscape founder to face Sh900m con charge
How evicted firm almost conned State of Sh432m
AG sued company in Ruai land saga to recover Sh100 million paid upfront, but no one knows if the full amount was refunded.
By Moses Michira 3 years ago
How evicted firm almost conned State of Sh432m
Man ordered to return Sh1.1b paid for supplying ‘air’ to NYS
It might prove a tall order however, as despite James Thuita receiving the cash in 2017, a few months later his accounts held just Sh41 million.
By Kamau Muthoni and Moses Michira 3 years ago
Man ordered to return Sh1.1b paid for supplying ‘air’ to NYS
Ruto owns Ruai land but won’t fight State eviction, says DP’s ally
Osero, his associate, says DP has legitimate title to the property in question and thus no one should lay claim to it.
By Moses Michira 3 years ago
Ruto owns Ruai land but won’t fight State eviction, says DP’s ally
End of party for grabbers in dispute over prime city land
Officers at Easton Park Police Post evicted from 3,000-acre land belonging to the Nairobi City County whose ownership was mired in endless controversy
By Moses Michira 3 years ago
End of party for grabbers in dispute over prime city land
Treasury cuts GDP forecast to 2.5 per cent
It would be the worst year for the country since 2008 when the post-election violence that followed the 2007 presidential polls crippled the economy.
By Moses Michira 3 years ago
Treasury cuts GDP forecast to 2.5 per cent
Skewed tendering system earns fuel importers bumper pay day
Flawed open tendering system continues to deny Kenyans the benefits of cheaper oil prices at the international markets
By Moses Michira 3 years ago
Skewed tendering system earns fuel importers bumper pay day
Uhuru extends grip over Nairobi
Some Sh2.2 billion will be spent on salaries and operations
By Moses Michira 3 years ago
Uhuru extends grip over Nairobi
MPs lose Sh2.5b in new Covid-19 spending plan
Treasury further slashes funds for universal healthcare and repayment of foreign debt in revised budget
By Moses Michira 3 years ago
MPs lose Sh2.5b in new Covid-19 spending plan
Video: Travellers quarantined at KU protest detention
Riot police have been deployed to stop them from leaving the facility
By Moses Michira 3 years ago
Video: Travellers quarantined at KU protest detention
More pain for students who survived quarantine
A number cannot go home because they cannot afford to pay thousands of shillings in accommodation bills
By Moses Michira 3 years ago
More pain for students who survived quarantine
Study: Kenyans observing measures against disease
Less than half of Kenyans are wearing face masks, defying government directives aimed at curbing the spread of the coronavirus.
By Moses Michira 3 years ago
Study: Kenyans observing measures against disease
Self-employed worst hit by coronavirus impact
Self-employed Kenyans are bearing the brunt of disruptions on incomes brought by the Covid19 pandemic, a new survey shows.
By Moses Michira 3 years ago
Self-employed worst hit by coronavirus impact
Global labour agency wants employers to shield workers
International organisation wants staff well covered against coronavirus, and compensated should they get infected or die.
By Moses Michira 3 years ago
Global labour agency wants employers to shield workers
Debt forgiveness calls grow louder
Kenya is among the world’s most vulnerable nations in debt servicing, with the available resources hardly enough to meet the running of basic services
By Moses Michira 3 years ago
Debt forgiveness calls grow louder
Transport tycoon's widow battles lender over Sh174m 'fictitious' loan
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It's high time we went the lottery way in allocating public sector jobs
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14 years on, Kenya's oil dream still a mirage amid mounting Tullow woes
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