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Financial Standard

Why local firms shy away from innovation

The insurance regulator has noted reluctance among sector players to introduce new products into the market, away from what is anchored in the law, such as third-party motor vehicle covers.
By Graham Kajilwa 2 days ago
Why local firms shy away from innovation
Economy feels the pinch as June inflows drop Sh2.1b
By Brian Ngugi 2 days ago
CMA to pay ex-Sanlam boss for silence that cost him new job
CMA to pay ex-Sanlam boss for silence that cost him new job
By Kamau Muthoni 3 days ago
NSE defies unrest, economic hardships to post huge rebound
NSE defies unrest, economic hardships to post huge rebound
By Macharia Kamau 9 days ago
How wearable technology is revolutionising transactions
As demand for wearables continues to grow influenced by modern lifestyle, culture and technology, as consumers embrace more frictionless transactions.
By Gerard Nyele 10 days ago
How wearable technology is revolutionising transactions
Kenya's growing dilemma between job creation and labour export
The number of young people being churned out of the education system is not equal to the number of job opportunities being created.
By Graham Kajilwa 10 days ago
Kenya's growing dilemma between job creation and labour export
Firms in fresh fight with KAA over airport parking tender
Two private companies have moved to court over the parking fee collection contract at JKIA worth over Sh2 billion, citing defiance of court orders by Kenya Airports Authority.
By Kamau Muthoni 10 days ago
Firms in fresh fight with KAA over airport parking tender
Inside 16-year pension tussle pitting Stanchart against its 629 ex-staff
For the last 16 years, the battle between Standard Chartered (StanChart) and its 629 former employees has been ongoing.
By Kamau Muthoni 16 days ago
Inside 16-year pension tussle pitting Stanchart against its 629 ex-staff
Creative economy: Missed opportunities from neglect despite talk about big numbers
Kenya is set to host the Chan tournament, which presents an opportunity to set up the creative industry players to tap into a billion-dollar creative economy.
By Macharia Kamau 17 days ago
Creative economy: Missed opportunities from neglect despite talk about big numbers
KQ secures second route to the United Kingdom
National carrier, Kenya Airways will starting Tuesday fly to the United Kingdom through Gatwick Airport, after it secured the second entry.
By Joackim Bwana 17 days ago
KQ secures second route to the United Kingdom
Push to review occupational safety and health laws
The current occupational safety and health laws are considered to be obsolete and therefore do not tackle issues of today.
By James Wanzala 17 days ago
Push to review occupational safety and health laws
Will zero-tariff fix Kenya-China trade imbalance?
Kenya is increasingly pivoting towards Beijing, seeking to leverage China’s expanded zero-tariff trade policy to address a widening trade imbalance that favours the Asian economic giant.
By Brian Ngugi 23 days ago
Will zero-tariff fix Kenya-China trade imbalance?
Why Kenya ended up on EU red list despite helping nab Sh12b tax fraud
Despite the wins against anti-terrorism financing, tax evasion, the successful Goliath operation and Kenya’s cooperation, the EU placed it on its red list as a high-risk jurisdiction.
By Kamau Muthoni 24 days ago
Why Kenya ended up on EU red list despite helping nab Sh12b tax fraud
Kenya braces for new economic shocks as Israel-Iran war escalates
Kenya is bracing for significant economic repercussions as the escalating conflict between Iran and Israel threatens to disrupt global trade routes.
By Brian Ngugi 24 days ago
Kenya braces for new economic shocks as Israel-Iran war escalates
KQ searches for new partner to set up regional airline after S Africa bolts out
KQ and SAA in 2021 signed a partnership framework that was expected to form the Pan African Airline Group.
By Macharia Kamau 1 month ago
KQ searches for new partner to set up regional airline after S Africa bolts out
Who benefits from CBK's low lending rates?
Dr Thugge, who is the MPC chair, noted that there was room to reduce the rates further to stimulate the banks to lend more.
By Graham Kajilwa 1 month ago
Who benefits from CBK's low lending rates?
Firm opposes DPP plan to withdraw Sh918m case against businessman
Before the lower court, Kumar and Midland Hauliers are accused of conspiracy to defraud.
By Kamau Muthoni 1 month ago
Firm opposes DPP plan to withdraw Sh918m case against businessman
State contractors to wait longer for payment as pending bills audit drags
The large sums of money that the government owes to businesses continue to be a thorny issue despite the National Treasury having committed to resolving it.
By Macharia Kamau 1 month ago
State contractors to wait longer for payment as pending bills audit drags
Kenya steps up China charm offensive amid US trade scrutiny
It saw Kenya and China elevate their relationship to a strategic partnership and sign 22 Memoranda of Understanding (MoUs) spanning infrastructure, trade, health, and security.
By Brian Ngugi 1 month ago
Kenya steps up China charm offensive amid US trade scrutiny
How firm defied KPA safety concerns to discharge cooking gas in Kilifi
KPA had earlier undertaken a navigation simulation of how ships would approach the Lake Gas terminal.
By Macharia Kamau 1 month ago
How firm defied KPA safety concerns to discharge cooking gas in Kilifi
African payments system taps more States to grow trade, cut forex woes
For companies like Kenya Airways (KQ), the system offers a potential lifeline against persistent issues of blocked funds.
By Brian Ngugi 1 month ago
African payments system taps more States to grow trade, cut forex woes
BAT raises alarm over illicit cigarettes in the market, says vice costing exchequer Sh9b annually
The findings also show growth in the number of illicit cigarettes sold, with the market in Kenya moving from 27 per cent just a year ago to the current unprecedented 37 per cent.
By Graham Kajilwa 1 month ago
BAT raises alarm over illicit cigarettes in the market, says vice costing exchequer Sh9b annually
Will huge capital investments hurt private consumption?
In an economy with declining consumer purchasing power, the government's focus on capital build-up appears to stray from the previously championed Bottom-up Economic Transformation Agenda.
By Graham Kajilwa 1 month ago
Will huge capital investments hurt private consumption?
CMA to shake up boards, C-suites of blue-chip firms with new rules
The Capital Markets Authority (CMA) is set to crack down on errant listed firms with the new, stringent corporate governance regulations that are poised to become law.
By Brian Ngugi 1 month ago
CMA to shake up boards, C-suites of blue-chip firms with new rules
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