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200MW floating coastal power plant plan faces stiff resistance

Industry players say the proposed facility would drive up electricity costs, with the country working to cut reliance on thermal generation.
By Macharia Kamau 2026-06-06 06:00:00
The unanimous election by WIPO member states places Kenya at the forefront of international efforts to combat counterfeiting and strengthen intellectual property rights enforcement.
By Wilberforce Okwiri 2026-06-04 15:51:26
President Ruto’s administration expects ordinary revenue to shrink as a share of the economy in the next financial year and plans to reform land rent collection to offset the budget shortfall.
By Brian Ngugi 2026-06-04 09:00:00
MPs have revised the Ruto government’s Sh4.82 trillion budget, reallocating funds away from the presidency to insulate vulnerable sectors and fund grassroots programmes.
By Brian Ngugi 2026-06-04 09:00:00
The government has yielded to public pressure and directed Kenya Power to withdraw an application it had made that would have seen power prices go up,. 
By Macharia Kamau And Eucabeth Nyarianya 2026-06-04 06:00:00
Kenya’s financial sector is demonstrating resilience despite ongoing global economic uncertainty, with steady recovery trends driven by digital innovation, and increased financial inclusion.
By Esther Dianah 2026-06-04 00:00:00
Kenya is staking Sh598 billion on a 10-year irrigation overhaul anchored on the revival of the Galana Kulalu Food Security Project, a scheme long written off as a costly failure.
By David Njaaga 2026-06-03 13:41:00
Cutting the rate to at least 25 per cent from the current 30 per cent, they argue, would stimulate foreign direct investments.
By Graham Kajilwa 2026-06-03 08:40:00
Bia Tosha Distributors Limited has suffered a major setback after the court dismissed its second attempt to stop the sale of Sh300 billion EABL shares to Asahi Group Holdings.
By Nancy Gitonga 2026-06-02 14:31:42
China will deepen its cooperation with Kenya, its ambassador said on Monday, highlighting major infrastructure projects and educational exchanges as pillars of a relationship
By Brian Ngugi 2026-06-02 10:04:12
Commercial banks are preparing a sweeping crackdown on defaulters as non-performing loans (NPLs) climb to 15.6 per cent of gross loans in the first quarter.
By Brian Ngugi 2026-06-02 06:00:00
Importers and exporters have opposed the proposed 16 per cent VAT on aircraft spare parts in the 2026 Financial Bill, saying it would increase the cost of freight.
By Willis Oketch 2026-06-02 06:00:00