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Wandayi rejects costly fuel cargo as shortages bite

Energy CS Opiyo Wandayi has instructed oil marketing firms that were invoiced for the cargo by One Petroleum not to make any payments.

By Graham Kajilwa 14 days ago

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Standard Chartered targets key sectors in new financing push

Standard Chartered is ramping up sustainable financing in Kenya, targeting key sectors like manufacturing, healthcare and agriculture to drive long-term economic growth.

By Graham Kajilwa 23 days ago

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NCBA profit rises to Sh23b as Nedbank buyout nears

NCBA Group has posted a Sh23.4 billion profit as it moves closer to acquisition by Nedbank Group.

By Graham Kajilwa 26 days ago

Agriculture reaps big as Kenya secures Sh377 billion investment deals

20 agreements were signed at the conference and are set to create over 63,000 jobs.

By Graham Kajilwa 27 days ago

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Why Nairobi performed poorly in latest global cities ranking

The prevalence of more slums and poor sanitation services in Kenya's capital has hurt the city's outlook on the global stage, making Nairobi rank 56 in global attractiveness.

By Graham Kajilwa 27 days ago

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Petroleum crisis: what countries are doing to cushion citizens

Countries are adopting varied measures to cushion citizens from a looming petroleum crisis, as fuel shortages and long queues begin to emerge amid Middle East tensions.

By Graham Kajilwa 28 days ago

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Call for return of subsidies, price reduction as fuel crisis looms

Ndindi Nyoro has called for fuel subsidies or removal of a Sh7 levy introduced by Kipchumba Murkomen to ease a looming fuel crisis.

By Graham Kajilwa 28 days ago

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Why mentorship is key for entrepreneurs

Mentorship is vital for entrepreneurs, helping them navigate challenges such as limited capital and guiding business growth even when funding is scarce.

By Graham Kajilwa 28 days ago

Kingdom Bank posts Sh946.2m profit as NBK's returns grow 125 per cent

Kingdom Bank reported a 59% rise in net profit to Sh946.2 million for 2025, driven by strong growth in both interest and non-interest income.

By Graham Kajilwa 29 days ago

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How Equity Bank became region's most profitable company

According to Mwangi, Equity is becoming bigger than just a bank due to its technology subsidiary. Perhaps this is where the bank is eating Safaricom's lunch.

By Graham Kajilwa 29 days ago

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Mwangi's Sh734m windfall as Equity posts record earnings

Equity Bank's historic Sh75.5 billion profit will trigger a record Sh21.7 billion dividend payout.

By Graham Kajilwa 1 month ago

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Property sector reaps big from rising demand for luxury healthcare

Equity Group Holdings owns the Equity Afya chain of health facilities through Equity Group Foundation

By Graham Kajilwa 1 month ago

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Training institute, tech: How matatus industry seeks to sanitise sector

There might be outliers in the Kenyan public transport sector, but whenever discussions are held about the industry, the narratives shared are far from a fairy tale.

By Graham Kajilwa 1 month ago

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Cement giant set for Sh80b revamp as it eyes infrastructure boom

The manufacturer will install a new energy-efficient clinkerisation plant as part of the Sh26 billion allotted for EAPC.

By Graham Kajilwa 3 months ago

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Why Kenya's catalytic funds are not effective in poverty alleviation

Behind the much-publicised Sh30 billion Nyota project and its allure of "free" money lies a harsh reality: the government is using the programme mainly as a relief measure.

By Graham Kajilwa 3 months ago

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KPC set to shake up NSE top 10 as it seeks Sh106 billion in IPO

The State aims to offload its 65 per cent stake when the company heads to the bourse in March 9.

By Graham Kajilwa 3 months ago

Investment group commits Sh2b for new industrial real estate investment trust

The new ALP Reit is the first industrial Income Reit (I-Reit) in East Africa, pioneering the use of the tax-efficient instrument in Kenya's industrial real estate sector.

By Graham Kajilwa 3 months ago

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State eyes Sh106b in Kenya Pipeline IPO

For less than Sh1,000, you can now own a piece of Kenya Pipeline Company whose Initial Public Offering was unveiled by the Treasury CS Mbadi.

By Graham Kajilwa 3 months ago

Economists foresee slow growth ahead for Sub-Saharan Africa

Economists in Sub-Saharan Africa are anticipating for a slow growth as geopolitical uncertainty and trade and investment tensions persist.

By Graham Kajilwa 3 months ago

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Construction costs rise 20pc on skyrocketing cement prices

The stability of the shilling, while advantageous to the sector, has not been of much relief to cushion the increasing cost of construction.

By Graham Kajilwa 3 months ago

How low production is slowing down jobs in the wholesale and retail sector

Kenya's weak performance in the manufacturing and agricultural segments of the economy has been termed the genesis of slowed job creation in the wholesale and retail trade sector.

By Graham Kajilwa 3 months ago

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Kenya's mining sector faces litmus test on social welfare as investors get jittery

The lack of social consideration, is making investors - who are conscious of environmental, social and governance - unwilling to commit their capital.

By Graham Kajilwa 3 months ago

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Kenya's foreign investment slips as FDIs stagnate at Sh195b

Kenya's competitiveness as an investment destination in the region is being edged out by other economies as latest data shows FDI to the country stagnated at Sh195 billion as at the end of 2024.

By Graham Kajilwa 3 months ago

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Construction sector growth triples as road projects restart

Growth in the construction sector more than tripled in the third quarter of 2025, largely attributed to the resumption of road projects.

By Graham Kajilwa 3 months ago

State to list tourism service providers online in safety push

The establishment of a Tourism Crisis Management Unit is among the initiatives the government seeks to deploy to ensure the safety and security of visitors to the country.

By Graham Kajilwa 3 months ago

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Joint loans: The answer to home ownership

Due to the nature of a majority of Kenyans' incomes - which is largely below Sh100,000 - its easier if loans are issued to joint accounts which would make many afford mortgages.

By Graham Kajilwa 3 months ago

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Skilled and unemployed: Why construction sector is slow to absorb qualified job seekers

Amid an aggressive plan by the government to build houses, behind the curtain, job seekers in the built environment are getting a cold reception from the sector that is outwardly thriving.

By Graham Kajilwa 3 months ago

Technical and vocational colleges offer best pathway to employability

Educational systems in Sub-Saharan Africa face significant challenges in aligning curricula and pedagogical approaches with the evolving demands of the labour market.

By Graham Kajilwa 3 months ago

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Kenya exits Comesa safeguard rule as sugar reforms take shape

Kenya has formally exited the Comesa sugar safeguard regime, which the government has used for over two decades to protect the country's sugar industry.

By Graham Kajilwa 3 months ago

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Kenya's EV sector agonises over 'ideal' business model

A spat between a disgruntled customer and Spiro Kenya, an electric motorbike company, that spilled to social media, may be a foreshadowing of the challenges that lie ahead for the sector.

By Graham Kajilwa 3 months ago

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How high power tariffs keep manufacturers uncompetitive

Kenyan producers are paying double the price compared to those in other countries. Kippra report cites electricity costs as a major drag on exports.

By Graham Kajilwa 3 months ago

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Inside John Mbadi's Sh97b 202627 budget plan to enhance food production

Treasury says distribution of subsidised fertiliser to farmers has been a remarkable success. Maize production is said to have increased from 34 million bags in 2022 to 67 million in 2024.

By Graham Kajilwa 3 months ago

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From hustlers to highways: Experts, citizens question Ruto's bold vision

Singapore dream focuses on infrastructure, top-down while prioritizing investors over citizens. Critics warn ambitious plans may ignore ordinary Kenyans' daily challenges.

By Graham Kajilwa 3 months ago

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Why the built environment is slow to absorb job seekers

Amid an aggressive plan by the government to build houses, behind the curtain, job seekers in the built environment are getting a cold reception from a sector that is outwardly thriving.

By Graham Kajilwa 3 months ago

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Ndindi Nyoro: The lone voice taking on government

Kiharu MP has criticised economic strategies warning of debt and financial mismanagement risks.

By Graham Kajilwa 3 months ago

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Securitisation: The financial tool powering Kenya's roads, and Its risks

Blamed for the 2008 financial crisis in the US, Kenya's new funding model raises questions about oversight and future revenues.

By Graham Kajilwa 3 months ago

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Tight wallets, low cheer as Kenyans cut back for X-mas

Job losses and low incomes deepen financial strain during festive season.

By Graham Kajilwa 3 months ago

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Making agriculture 'cool' again: How to win the youth back into big farming

The other reason for this strategy is that traditional extension services, characterised by face-to-face interactions, are not bearing fruit.

By Graham Kajilwa 3 months ago

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Why gaming platforms more vulnerable to scams

There was a 49 per cent increase in suspected digital fraud attempts in half one (H1) 2025 compared to H1 2024.

By Graham Kajilwa 3 months ago

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Renewed push for Africa to have a say in global financial architecture

Plans are also advanced for Accra Reset presidents to commission a high-level panel on reforming the global health architecture and its governance.

By Graham Kajilwa 3 months ago