Heady times as gin revolution sweeps Kenya

Chris Kirubi’s ties with notorious tax haven raise eyebrows

Kirubi, who died aged 80, was for decades a shrewd businessman who created an empire cutting across diverse sectors.

Taxman eyes share of Gikomba designer brands

KRA has been poking his nose in these marketplaces, hitting most of the products sold here with higher tariffs.

Tips to stay safe when transferring money via online platforms

Money sent back home by Kenyans abroad continue to provide a stable source of foreign exchange for Kenya while supporting many households.

Kenyans’ lack of a taste for coffee now boils over

A coffee drinking culture hardly exists, with many Kenyans going for the lowest quality bean – instant coffee - or preferring tea.

How IMF left an indelible mark in this year’s Budget

Kenyans are set to start living with the harsh conditions imposed by the International Monetary Fund (IMF) over the next financial year starting July.

The bank ‘that would bribe God’

BCCI's collapse revealed a web of transnational corruption and a playground for dictators, drug lords and terrorists.

Why you will not pay through the nose for diapers

Initially, diapers used to be for high-class citizens. Their market was limited to that social class.

The man carrying the hopes of a nation

With 13 months to the end of his presidency, President Kenyatta will be counting on Yatani to provide a sound strategy on battling against Covid-19.

Inside KRA’s plan to deny multinationals billions in tax refunds

KRA has orchestrated a change in the law to turn the tide against these firms as it looks to raise revenue collection amid a widening budget deficit.

EU in new push to rein in Google and Facebook

European authorities launched investigations into advertising practices of Facebook and Google in a move that could significantly affect the future.

Market is now ripe for long-term investments

The global impact of the Covid-19 pandemic, especially the sudden shock to economies has been unprecedented in recent history.

CEO making tea drinking cool, one cup at a time

Underneath the fruity scent lies the homely smell of loose tea that hangs over the hallways of the Melvins Tea in Nairobi’s Industrial Area.

End of the road? Job loss fears as BRT takes shape

The rollout of BRT system may render some roles in the multi-million-shilling matatu industry obsolete, leaving many of the crews jobless.

Farm tours cash cow for farmers

Farm tours can be a good trip for families or a bunch of friends looking for a getaway from the city.

Oil climbs toward Sh7,000 a barrel

While rebounding demand is driving prices higher, the possibility of more barrels from Iran should a nuclear deal be revived is clouding the outlook.

Inside the mafia economy in slums

Neglected, the slum dwellers have stoically carved for themselves a unique economy with black and grey markets where billions change hands

SGR four years on – the hits and misses

Excluding the handling and last mile costs, moving cargo on SGR costs about $500 (Sh53,000).

Fired from Equity for Sh323 'error', ended up in court over missing Sh36m at ABC bank

The ‘error’ on this account was flagged by Equity Bank’s Risk and Compliance Department on May 28, 2010.

Firms clean up act, spell death of dirty fuels

The move comes at a time when coal, responsible for immense atmospheric pollution, is increasingly becoming unpopular

Five things to know about the future of jobs in Kenya

Emerging technologies continue to reshape labour markets, and those trends have only accelerated with the onset of a new recession.

Mobile lenders increase threats as defaults swell

Many Kenyans are fed up with the crude tactics employed by some mobile lending apps to have borrowers pay up.

Politics and graft: The toxic mixture that sunk Euro Bank

This was how The Sunday Standard for March 9, 2003 described Solomon Muthamia, the key architect behind the banking disaster that was Euro Bank.

Why privatising Game Parks in Kenya is no walk in the park

The jury is still out about the viability of plans by the government to introduce a new business model for the tourism sector amid dwindling revenues.

Inside Treasury’s plan to net tax-dodging multinational companies

It was a five-year legal battle pitting Google Kenya, a local branch of internet giant Google, against the Kenya Revenue Authority (KRA).

Which economy is not driven by motivated citizens?

There was no concerted effort to expose students to emerging careers and professions beyond textbooks. That is still the missing link in our schools.

How ditching cars for motorcycles turned around our business

Boda Boda traces its early history to the border towns of Busia and Malaba where bicycle taxi riders ferried people 'border to border.'

Rice farmers ditch crop amid increasing fears of food crisis

Many farms are still lying vacant as rice production drops by 40 per cent from 2019

Coffee mills to roar as KPCU boss gets nod

Miller has already received large amounts of coffee as farmers renew goodwill

Top donors turn off taps amid soaring needs by poor countries

During the first five months of this year, overall aid commitments from the largest government donors were $16.9 billion (Sh1.7 trillion)

Push to tame fuel prices fails to ignite hope for cosumers

Sector players question how raising Petroleum Development Levy will help stabilise prices after past attempts to effect if failed.

Gulf African Bank Managing Director on weathering pandemic

Gulf African Bank is with customers whose businesses have been affected by giving them deferred payment periods on their loans.

Eldoret still waits creation of Sh200b industrial park

Agro-processing, chemical and pharmaceutical firms were listed as key industries to set base and position Eldoret as an export town

How to stay ahead in your career amid the ravages of coronavirus

Pandemic means we have to acquire new skills set to survive changing job market.

Covid-19 separates the men from boys of corporate Kenya

Thanks to their solid financial grounding, some of the most profitable firms in the country have warded off the adverse effects of Covid-19

Neglect of farmers by State appalling, curtails drive to grow exports

This was an 11 per cent increase from the same period last year when the sub-sector raked in Sh65 billion

Low-down on top candidates in race for next WTO chief job

Amina Mohamed is a former Kenyan ambassador to the WTO who in 2005 was the first woman to chair the WTO’s, General Council.

With drones, masks innovators keep Covid-hit economies afloat

Entrepreneurs are developing ideas to tackle the coronavirus pandemic, from masks to 3D-printed protective gear

High operation costs and defaults deepen Kenya Power woes

Companies have slowed down activities, reducing power consumption, while it also has to contend with high default rates as customers stop paying bills

Harambee Sacco CEO's mission to tame graft, restore society's glory

State takeover of KQ back on course but headwinds await

Proposed law laying the ground for nationalisation of ailing carrier tabled in Parliament after months of delay.

Did coronavirus come to end the sharing economy?

Uber shifted resources to Uber Eats to support the 10 million free rides and deliveries of food for frontline healthcare workers.

Delayed pacts derail Middle East jobs deal

Kenyan migrant workers, according to Tum contribute hugely to the economy.