Esther Dianah - The Standard

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NEWS & CURRENT AFFAIRS

Digital News

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Esther Dianah

Experts: Kenya's burden to worsen as KRA risks missing revenue targets

Kenya continues to be assessed as being at high risk of debt distress despite successfully refinancing a $2 billion (Sh258 billion) Eurobond last year.

Experts: Kenya's burden to worsen as KRA risks missing revenue targets

DRC unrest puts dent on regional trade

DRC unrest puts dent on regional trade

Tourism board bets on groups, high-end Indian travellers to boost revenue

Tourism board bets on groups, high-end Indian travellers to boost revenue

KRA rolls out trade initiatives to boost exports

KRA rolls out trade initiatives to boost exports

Health funding falls 7pc amid America's WHO withdrawal

President Trump’s move to end Washington’s membership to the UN agency will further cut much-needed donor aid to Kenya’s health initiatives.

Health funding falls 7pc amid America's WHO withdrawal

Parklands and Upperhill top land price surge

The average cost of an acre of land in satellite towns rose by 1.9 per cent in the period, down from 3.02 per cent in the previous quarter - the lowest rate of expansion.

Parklands and Upperhill top land price surge

Investor programme to admit new cohort

Jasiri, a programme by the Allan and Gill Gray Philanthropy, is inviting applications for its programme dedicated to empowering aspiring entrepreneurs in Kenya, Rwanda, and Ethiopia.

Investor programme to admit new cohort

State accused of interfering with management of tea firms

KTDA Holdings board and its 54 affiliated factory companies have faulted the government, politicians and other officials for interfering with the management of smallholder tea factories.

State accused of interfering with management of tea firms

Property sector tops money laundering list in new report

The real estate sector has been ranked as one of the major avenues through which proceeds of crime are hidden.

Property sector tops money laundering list in new report

Inaugural Africa Summit tipped to attract over Sh1b in investments

The World Chamber Federation and the Kenya Chamber of Commerce and Industry will host the inaugural Africa Summit in April this year.

Inaugural Africa Summit tipped to attract over Sh1b in investments

Top careers with highest risk of job loss revealed

Cashiers, administrative assistants, caretakers, housekeepers, accountants and auditors, graphic designers and bank tellers are at the highest risk of job loss in the next five years.

Top careers with highest risk of job loss revealed

'In the hands of my abductors and harrowing brush with death'

Tanzanian activist Maria Sarungi Tsehai was alledgedly kidnapped on Sunday in Kilimani, Nairobi.

'In the hands of my abductors and harrowing brush with death'

Developer appoints new chairman, independent directors

Rendeavour, the operator of mixed-use development Tatu City, has announced the appointment of David Kippen as Chairman of the Board and two new board members.

Developer appoints new chairman, independent directors

High cost of living dampens brand loyalty - survey

A new market survey has shown Kenyan consumers are giving up value for products as the high cost of living bites.

Coffee cherry fund advance to farmers up by 500pc to Sh6.7 billion

Close to half a million small-scale farmers have borrowed Sh6.7 billion from the Coffee Cherry Advance revolving fund, with Mount Kenya counties enjoying 59.7 per cent.

Coffee cherry fund advance to farmers up by 500pc to Sh6.7 billion

State warns millers against wheat imports

The government has warned millers against the importation of more wheat into the country before exhausting locally produced harvest.

State warns millers against wheat imports

State defends livestock vaccination programme

Experts have said that the government’s pronouncement on the nationwide livestock vaccination is what might have potentially led to the aggressive pushback by Kenyans.

State defends livestock vaccination programme

Etihad launches direct flights between Nairobi and Abu Dhabi

Etihad Airways has resumed direct flights between Kenya and the United Arab Emirates after a four-year hiatus.

Etihad launches direct flights between Nairobi and Abu Dhabi

How weak enforcement hamper's fight against financial crime

Kenya remains under scrutiny following its grey-listing by the Financial Action Task Force for being a risky jurisdiction on money laundering and terrorism financing.

By 2 months ago

How weak enforcement hamper's fight against financial crime

Leadership gaps prompt new approach to gender parity

The lack of gender balance in leadership positions remains a pressing issue for many organisations.

By 2 months ago

Leadership gaps prompt new approach to gender parity

Kendu Bay: Sleepy fishing town that no lender will bank on

The cost of accessing financial services has for many years been a major concern for residents of Kendu Bay. The small fishing town has never had a physical financial institution.

By 2 months ago

Kendu Bay: Sleepy fishing town that no lender will bank on

Vimal Shah: Trust is crucial for growing your startup

Vimal Shah says the operating environment in Kenya and Africa, in general, makes it extra hard for startups to thrive due to the lack of proper regulations.

By 2 months ago

Vimal Shah: Trust is crucial for growing your startup

Amsons' bid for Bamburi Cement gets Comesa approval

Amsons Group, the Tanzanian business conglomerate, has received regulatory approval from Comesa Competition Commission for its proposed acquisition of up to 100 per cent of Bamburi Cement.

By 2 months ago

Amsons' bid for Bamburi Cement gets Comesa approval

New KPCU plan to boost coffee drinking targets schools, youth

Among the strategies to grow volumes is to attract youth into farming of the commodity. The sector faces various challenges such as high input costs, fluctuating prices and shrinking acreage.

By 2 months ago

New KPCU plan to boost coffee drinking targets schools, youth

Kalonzo Musyoka and Okiya Omtata honoured at Peace Gala for exemplary leadership

The event's founder, Ms Evelyn Bright, stressed the importance of leaders upholding values and rejecting hate speech, a growing issue among political opponents.

By 2 months ago

Kalonzo Musyoka and Okiya Omtata honoured at Peace Gala for exemplary leadership

SMEs to benefit from new drive to boost intra-Africa trade

Manufacturers, small and medium enterprises (SMEs), and exporters are set to benefit from a new initiative aimed at increasing intra-African trade.

By 2 months ago

SMEs to benefit from new drive to boost intra-Africa trade

One dollar investment can yield Sh1,070 in digital economy, says new study

The report predicts that digital technology and Artificial Intelligence (AI) will drive 70 per cent of global economic growth over the next five years.

By 3 months ago

One dollar investment can yield Sh1,070 in digital economy, says new study

Amsons woos shareholders as it steps up Sh23.5b Bamburi buyout bid

Amsons Group, the Tanzanian business conglomerate, has started its marketing campaign to secure the support of Bamburi Cement shareholders following the release of a shareholder circular on Tuesday.

By 3 months ago

Amsons woos shareholders as it steps up Sh23.5b Bamburi buyout bid

Competition watchdog approves National Bank acquisition by Nigerian lender

The Competition Authority of Kenya has approved the acquisition of the entire issued share capital of the National Bank of Kenya by Nigerian lender, Access Bank.

By 3 months ago

Competition watchdog approves National Bank acquisition by Nigerian lender

Northern Kenya eyes investment boost as Sh3.37b loans disbursed to MSMEs

More than 13,000 micro, small and medium-sized enterprises in Northern Kenya have received $26.1 million (Sh3.37 billion) financing from an impact investment fund.

By 3 months ago

Northern Kenya eyes investment boost as Sh3.37b loans disbursed to MSMEs

Survey: Women spending dips despite retailers' increased sales

Though people aged between 36 and 45 had the highest proportion of individuals spending more, this was offset by a large proportion of those aged 18 and 35 spending less.

By 3 months ago

Survey: Women spending dips despite retailers' increased sales

KenGen profit jumps 35 per cent to Sh6.8b on higher power output

Kenya Electricity Generating Company PLC (KenGen) has posted a Sh.6.8 billion profit after tax for the year ended June 2024, representing a 35 per cent increase from the previous year.

By 3 months ago

KenGen profit jumps 35 per cent to Sh6.8b on higher power output

Boda boda business on the wane as lenders shy away

The motorcycle business has dropped significantly on the back of the prevailing high cost of living and as financial institutions scale back lending to households.

By 3 months ago

Boda boda business on the wane as lenders shy away

Lack of awareness blamed for low MSMEs tax revenues

To ensure compliance and increase revenue collection from the MSME sector, the Kenya Revenue Authority (KRA) says it working on ways to increase tax awareness.

By 3 months ago

Lack of awareness blamed for low MSMEs tax revenues

Ministry launches plan to increase revenue from tourism levy

The Tourism Fund’s strategic plan for the period 2024-29 aims to overcome challenges faced by the tourism sector and harness the potential in the industry.

By 3 months ago

Ministry launches plan to increase revenue from tourism levy

Habil Olaka: My 14-year journey in building the bankers' lobby

According to Dr Habil Olaka, most of the shocks that have hit the Kenyan economy are externally driven.

By 3 months ago

Habil Olaka: My 14-year journey in building the bankers' lobby

High energy costs, unpredictable taxes cut private sector efficiency

Unpredictable tax regimes, high energy costs, and a lack of tax policies have been cited as major issues that negatively impact Kenya’s trade and industry sectors.

By 4 months ago

High energy costs, unpredictable taxes cut private sector efficiency

Agencies in fresh plan to market Kenyan coffee

Two State agencies have partnered in a new initiative that is expected to enhance marketing of Kenyan coffee locally and abroad.

By 4 months ago

Agencies in fresh plan to market Kenyan coffee

Mwalimu Sacco eyes asset base of over Sh100 billion in two years

Mwalimu National Sacco says it is projecting to increase its asset base from Sh66.4 billion to Sh100 billion by 2026, representing a three per cent upward growth.

By 4 months ago

Mwalimu Sacco eyes asset base of over Sh100 billion in two years

Ruto's agriculture rebound buoyed by favourable weather and fertiliser

The agricultural sector rebounded strongly last year influencing the Kenyan economy to grow by 5.6 per cent in that year, compared to the 4.9 per cent growth rate in the previous year.

By 4 months ago

Ruto's agriculture rebound buoyed by favourable weather and fertiliser

Bamburi Cement confirms Sh25b bid from Savannah Clinker

Bamburi Cement has confirmed receipt of a Sh25.4 billion bid from Savannah Clinker to acquire its entire shareholding.

By 4 months ago

Bamburi Cement confirms Sh25b bid from Savannah Clinker

Business picks up after Gen Z's anti-tax protests die out

Kenya’s business environment recorded a mild recovery in August, with firms raising their output levels for the first time in three months.

By 5 months ago

Business picks up after Gen Z's anti-tax protests die out

Business activities picked up in August as Gen Z demos die out

Kenya's business environment recorded a mild recovery in August, with firms raising their output levels for the first time in three months.

By 5 months ago

Business activities picked up in August as Gen Z demos die out

Association wants state to reinstate ban on export of raw macadamia

The Macadamia Nuts Association of Kenya (MACNUT) has asked the government to re-evaluate the policy allowing the export of unprocessed macadamia.

By 5 months ago

Association wants state to reinstate ban on export of raw macadamia

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