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 Macharia 6 days ago

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Why US, Israel and Argentina opposed UN Resolution on the transatlantic slave trade

Trump is seemingly determined to reset American and world history by attacking universities and other institutions that he thinks portray the United States wrongly.

By Macharia 16 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 Macharia 17 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 Macharia 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 Macharia 18 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 Macharia 19 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 Macharia 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 Macharia 20 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 Macharia 21 days ago

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External, internal factors that have sunk Kenyans deep into desperation

Kenya's growing desperation stems from a volatile mix of internal instability and external pressures such as digital disruption, insecurity, and climate shocks.

By Macharia 23 days ago

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Sh650 billion project: Questions raised over Ruto's Naivasha-Kisumu-Malaba SGR expansion plan

The extension is estimated to cost taxpayers between Sh500 billion and Sh650 billion. A petitioner has gone to court claiming the project awarded to CRBC, is shrouded in secrecy.

By Macharia 24 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 Macharia 26 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 Macharia 27 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 Macharia 28 days ago

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Why NTSA, KEBS and Roads Ministry have been sued over re-sale of written-off vehicles

The lawyer said he was shocked to find that the same vehicle on the road, having been repaired, re-registered and sold to a new owner.

By Macharia 2 months ago

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Why Ruto is under fire over Safaricom, KPC sale

On Monday, the government launched KPC's Initial Public Offer (IPO), which will be the biggest in the region in more than a decade.

By Macharia 2 months ago

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Lamu pipeline ties KPC's growth to complex oil export plan

The Kenya Pipeline Company could be compelled to pump billions of shillings towards converting its storage tanks in Mombasa to handle crude oil from the Lokichar oil fields for export.

By Macharia 2 months ago

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Kenya Re to lock out politicians in new board shake-up rules

Kenya Re has proposed the restructuring of its governance framework in a move to lock out political appointees from its board, even as the board gets full powers to fire and hire the MD.

By Macharia 2 months ago

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Rise of autogas brings new opportunities and dangers

Over 20,000 Kenyan motorists, mostly in Nairobi, have ditched the petrol pump for the LPG nozzle, lured by a 50 per cent saving on fuel costs.

By Macharia 2 months ago

1966, the year independence euphoria in Africa started evaporating

Kenyatta, consistent in political opportunism, disillusioned followers by discarding his Mau Mau 'revolutionary' past while embracing the very colonialists that he had fought.

By Macharia 2 months ago

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Motorists miss bigger cut in fuel costs despite drop in pump prices

The Energy and Petroleum Regulatory Authority (Epra) has denied users of super petrol a bigger reduction in retail prices, holding back the full benefit of the falling cost of petroleum products.

By Macharia 2 months ago

Oil marketers join forces to drive up autogas adoption

Oil marketing firm Ola Energy and LPG firm Proto Energy have unveiled a joint initiative to roll out autogas refilling points across Ola's retail network across the country.

By Macharia 2 months ago

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Gachagua lost, Lamu Woman Rep gained from 'tutam' booing incident

Gachagua showed poor political judgment by not seizing the opportunity to appear like a reconciler and peacemaker by properly guiding his 'Wantam' followers.

By Macharia 3 months ago

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Why Venezuela became pawn in Trump's global power play era

Apart from craving for power, within and outside the United States, Trump's desire to outdo other presidents is the inadvertent reason for his behaviour.

By Macharia 3 months ago

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Kenyans face pain at the pump as Trump targets Venezuela oil

US President Donald Trump has seized two oil tankers linked to Venezuela, including a Russian flagged vessel that was also being escorted by a Russian submarine.

By Macharia 3 months ago

Agricultural sector records lowest growth

The agriculture sector grew at a sluggish 3.2 per cent over the third quarter of last year, the slowest growth rate for the largest sector of Kenya's economy in nearly three years.

By Macharia 3 months ago

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Firms in Kenya Pipeline IPO to pocket over Sh200m

The sale of a 65 per cent stake in Kenya Pipeline Company by the government is expected to raise Sh100 billion, which will plug budget holes over the current financial year.

By Macharia 3 months ago

It's not only Somaliland, Israel is equally desperate for recognition

Israel controls Palestine, comprising Gaza and West Bank which it annexed from Egypt and Jordan, and would like its claims recognised as part of Greater Israel without the Palestinians.

By Macharia 3 months ago

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Big ask for KRA as Treasury sets Sh3tr revenue target

KRA is expected to face significant pressure to meet the Sh2.9 trillion revenue collection target set by the National Treasury for the 2026-27 financial year.

By Macharia 3 months ago

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Mbadi's Sh1tr domestic debt shocker in 2026-27 Budget

The government plans to borrow heavily from the domestic market to finance the budget deficit for the 2026-27 financial year.

By Macharia 3 months ago

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Growing economy fails to fill pockets and plates

Despite the impressive indicators at the national level, the average Kenyan is grappling with high cost of living, increased tax burden and stagnant or reducing income

By Macharia 3 months ago

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Turkana oil deal sparks concerns over skewed revenue sharing deal

Concerns are emerging over whether Kenya may have short-changed itself in negotiating a deal with Gulf Energy, the firm now expected to move the Lokichar oil fields in Turkana County.

By Macharia 3 months ago

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Why petrol stations are resisting new tax invoice system

Kenya's petroleum sector is headed for a showdown with the taxman as a majority of petrol stations remain non-compliant with the new tax reporting directive, just a day to the December 31 deadline.

By Macharia 3 months ago

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Blackout Wednesday: Why you experience weekly power outages

In 2025, Kenyans were most likely to experience an outage on Wednesday evenings, according to data from electricity sector agencies.

By Macharia 3 months ago

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How negatives outweighed positives in 2025

As the year 2024 slid into history, there was the usual end-of-year exuberance, "Happy New Year" chants and resolutions to improve. However, 2025 has ended in disappointing ways.

By Macharia 3 months ago

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Why Ruto is at crossroads over sale of public assets

Safaricom stake sale criticised for compromising sovereignty over critical digital infrastructure.

By Macharia 3 months ago

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Questions as Chinese firm that built expressway cashes in on road repairs

The move came a week after President William Ruto announced plans to rebuild the roads.

By Macharia 3 months ago

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Why banks are pushing for lower PAYE

The Association made the proposals against the National Treasury's invitation for comments from Kenyans on tax policies to inform the Finance Bill 2026.

By Macharia 3 months ago

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Why Ruto and Trump are in a unique political pod

Trump and Ruto are 'dealers' and, being extremely rich, have easy access to world luxuries, and each has extreme self-confidence, and tends to bulldoze his way.

By Macharia 3 months ago

Insurers urged to rethink PSV's high-risk model

The insurance industry is being challenged to innovate coverage for the Public Service Vehicle sector which remains largely shunned as 'high-risk' despite its critical economic role.

By Macharia 3 months ago