NSSF records highest returns now sets eyes on Sh1tr fund size

NSSF posted a record 17% return on member savings and aims to grow its fund to Sh1 trillion by 2027, despite concerns that higher mandatory contributions could reduce workers’ take-home pay.

By 2 days ago

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Last big cheque: State to earn Sh11.2b Safaricom dividend as share sale nears

Safaricom declared a record interim dividend, providing a timely cash infusion ahead of the state's sale of a major stake in the company to South Africa's Vodacom Group.

By 3 days ago

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Nyoro dances to the bank as KPLC declares over Sh500 million dividends

Kenya Power’s board declared a dividend of 30 cents per share, a 50 per cent increase from 20 cent for a single share paid last year. 

By 4 days ago

PwC takes control of collapsed Koko as State remains silent

Koko Networks enters administration following a regulatory standoff over carbon credit approvals.

By 4 days ago

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Jiko Koko's collapse taints Ruto's green image

President Ruto has championed Kenya as a green industrialisation hub, seeking to expand its electricity grid from 3GW to 100GW by 2040 using renewables. 

By 5 days ago

Private sector growth slows down but hiring holds

Employment rose for the 12th consecutive month, the longest uninterrupted period of job creation since 2019. 

By 5 days ago

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Relief for Kenya's Sh95b exports as Trump renews AGOA for one year

The move reinstates duty-free access to the US market under the African Growth and Opportunity Act (Agoa) retroactively from September 30, 2025, and extends it through December 31, 2026.

By 5 days ago

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How Kenya has lost Sh6.1 trillion to tax fraud

While KRA is hunting for millions of shillings from individuals, it is overlooking billions of shillings systematically siphoned off by large corporations through manipulated paperwork.

By 6 days ago

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Payslips shrink as new NSSF rates take effect

Millions of Kenyan employees will see their take-home pay shrink end of February when the fourth and final phase of higher NSSF pension contribution takes effect

By 6 days ago

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Blow for State planning as revenues fall short again by Sh136b

The latest development exposes persistent weaknesses in tax collection despite sweeping administrative reforms. 

By 8 days ago

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Ruto's MPs turn the fury on his Cabinet to appease restless voters

Majority Leader Ichung’wah led heated attacks on underperforming CSs.

By 8 days ago

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Trump moves to secure foothold in Kenya's critical minerals sector

The US is seeking a foothold in Kenya’s untapped critical minerals sector, as it races to counter China’s global dominance over the building blocks of modern technology and national defence.

By 10 days ago

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Moody's upgraded credit rating: What it means for Ruto

Moody's lifted Kenya's long-term foreign currency issuer rating to "B3" from "Caa1," citing a reduction in the near-term risk of default.

By 11 days ago

Sidian Bank launches water access initiative in Meru County

Water scarcity remains a significant challenge in parts of Kenya, affecting health, education, and economic productivity.

By 12 days ago

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Ruto's Sh906b local borrowing plan threatens private credit

 Analysts say heavy domestic borrowing could cause high interest rates.

By 12 days ago

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Watchdog role in question as MPs hold luxury retreat

Members of Parliament have convened this week at a luxury resort in Naivasha for a five-day legislative retreat aimed at “securing a parliamentary legacy”.

By 13 days ago

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More holes in payslip as new NSSF rates set to come into force

Salaried workers, already reeling from enhanced statutory deductions, are bracing for a further squeeze on their pay from February 1 as a scheduled increase in NSSF contributions takes effect.

By 13 days ago

Ratings agency Fitch gives Kenya a stable outlook, easing debt fears

The government received a crucial vote of confidence from Fitch Ratings after it affirmed the country's long-term foreign-currency issuer default rating at 'B-' with a stable outlook.

By 14 days ago

AfDB Backs Kenya's geothermal expansion with Sh2.6b loan

Geothermal energy, generated from heat deep within the earth, provides a critical source of "baseload" power for Kenya.

By 16 days ago

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IMF to Kenya: Anti-corruption reforms key to new funding deal

IMF has released a long-awaited audit of Kenya’s corruption vulnerabilities, making its recommended reforms a central condition for resuming bailout talks with Kenyan government in February.

By 17 days ago

New CBK loan pricing model sparks lower lending costs

Borrowers are paying less for loans, new Central Bank of Kenya (CBK) data shows, as a new pricing system takes effect and passes on recent interest rate cuts.

By 17 days ago

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Real estate sector eyes 2026 rebound on policy, tech shifts

After a turbulent 2024 marred by high interest rates, costly construction inputs, and sluggish sales, industry executives reported a market stabilisation in 2025.

By 18 days ago

Nedbank offers Sh109.5 billion for 66 per cent stake in NCBA

South African lender Nedbank Group has offered to acquire a controlling 66 per cent stake in the Kenyatta family-linked NCBA Group for approximately ZAR 13.9 billion

By 19 days ago

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KRA seeks private funder for new multibillion revenue collection system

KRA is seeking a deep-pocketed private firm to bankroll and build a billion-shilling arsenal of drones, AI systems and a new digital platform to hunt tax evaders.

By 19 days ago

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How Kenya outwitted US, China to clinch dual trade deals

Kenya played the US and China against each other last week, announcing it had secured pivotal trade concessions within a critical 48-hour window to protect its exports and unlock new markets.

By 20 days ago

Remittances slide under Trump policies

Central Bank of Kenya report shows that remittances dropped to Sh56.17 billion in December 2025, down from Sh57.45 billion in December 2024.

By 21 days ago

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Kenya's elite splurge billions on Dubai property to dodge scrutiny at home

New report shows Kenyans are the leading African investors in Dubai's lucrative property market with nearly Sh34 billion. 

By 22 days ago

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Trump tariff threat casts long shadow over Kenya-Iran trade

Countries conducting business with the Islamic Republic risk being slapped with a 25 per cent tariff.

By 23 days ago

Kenya trade strategy with Iran at crossroad over Trump's warning

A threat by US President Donald Trump to impose a 25 per cent tariff on any nation trading with Iran has thrown Kenya’s strategic push into the Middle East into disarray.

By 25 days ago

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Kenya secures landmark zero-duty trade deal with China

The government has confirmed that it has secured a preliminary trade agreement with China that will allow 98.2 per cent of its goods to enter the Chinese market duty-free.

By 24 days ago

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East or West? Kenya insists China trade deal on track amid US tensions

The government now says a landmark trade agreement with China remains on track, dismissing concerns that geopolitical tensions with the US have stalled the long-delayed deal.

By 25 days ago

Centum scholarship programme reaches 450 beneficiaries in Coastal Kenya

The company will sponsor an additional 50 academically gifted students from needy backgrounds this year, covering their fees through their Senior Secondary education under the CBE curriculum.

By 26 days ago

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US now opens door for Kenya to reclaim vital Agoa trade benefits

The House of Representatives passed a law paving the way for a three-year extension of the Agoa partnership.

By 26 days ago

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Drought, soaring food prices pushing millions into hunger

Nearly a dozen counties are on high alert as severe drought exposes millions to acute food insecurity, humanitarian agencies warn.

By 27 days ago

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AG, Treasury CS Mbadi to be grilled by MPs over Safaricom sale

The hearings by two parliamentary committees, will scrutinise the December deal that saw Vodacom Group acquire a 15 per cent stake from the Kenyan government. 

By 27 days ago

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Why Kenya's zero-tariff deal with China is up in the air

The lapse of AGOA exposed Kenyan apparel to US tariffs of up to 10% Washington now pegs the renewal of AGOA to Kenya abandoning an alternative trade deal with Beijing.

By 29 days ago

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Kenya braces for Sh45 billion hit as Trump abandons diplomatic hub

Kenya is bracing for its third major economic shock from Washington in less than two years after US President Donald Trump ordered a withdrawal from 66 international organisations.

By 1 month ago

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Economy shows signs of recovery in new boost for jobs and salaries

The growth, while modest, marks a positive turn for President Ruto's administration which is under pressure to deliver on its flagship economic promises ahead of the 2027 General Election.

By 1 month ago

US move puts funding of aid groups, climate and security at risk

Direct annual funding at risk from UN and affiliated programmes alone is estimated at $250–350 million (Sh32–45 billion), excluding the wider shock to Nairobi’s service economy.

By 1 month ago

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Ruto dumps hustlers vibe for Singapore dream in Sh5tr gamble

President William Ruto has abandoned the grassroots economic model that won him power, and replaced it with a high-stakes strategy to attract private capital for megaprojects.

By 1 month ago