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Cost of living: How salaries have changed since last Labour Day
Salaried workers' disposable income has shrunk drastically following increased levies, including NSSF contribution and the housing levy.
By Macharia Kamau 8 days ago
Cost of living: How salaries have changed since last Labour Day
China hails Ruto's visit as major win for Africa and Global South
Chinese Ambassador to Kenya terms trip a success in deepening relations with the continent and other developing nations.
By Macharia Kamau 9 days ago
China hails Ruto's visit as major win for Africa and Global South
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What hurts Kenya's industrial takeoff
Kenya's shaky energy supply and its high cost once again became a topic of discussion when the Vietnamese tycoon Doanh Chau critiqued Kenyan leaders for talking big but falling short on delivery.
By Macharia Kamau 11 days ago
What hurts Kenya's industrial takeoff
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NSSF eyes double growth as it turns 60
The National Social Security Fund (NSSF)on Friday, kicked off its 60th anniversary celebrations with its Annual General Meeting as it eyes growing to a Sh1 trillion fund by 2027.
By Macharia Kamau 13 days ago
NSSF eyes double growth as it turns 60
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Legal win for firm in Marsabit wind power project standoff
High Court orders Energy Ministry to make public approved projects in the county after failure to comply with a similar Ombudsman's order. Gitson Energy wants assurance its is on the list.
By Macharia Kamau 13 days ago
Legal win for firm in Marsabit wind power project standoff
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How Ruto played China, US amid global response to Trump tariffs
President William Ruto on Wednesday slammed the World Bank and the International Monetary Fund, terming them relics of an old world and unable to deal with many challenges facing the globe today.
By Macharia Kamau 15 days ago
How Ruto played China, US amid global response to Trump tariffs
Kenya eyes loans, more deals from China
Kenya will today know the fate of its plans to revive the stalled Standard Gauge Railway to Malaba through Kisumu when Ruto talks with Xi Jinping.
By Macharia Kamau 16 days ago
Kenya eyes loans, more deals from China
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Tanzania firm presses on with Kilifi gas plant amid safety fears
Environmentalists note that key safety components, including breakwater protections and proper discharge jetties, remain missing or untested.
By Macharia Kamau 17 days ago
Tanzania firm presses on with Kilifi gas plant amid safety fears
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Tullow exit puts Kenyan firm Gulf Energy in driver's seat for oil riches
Company has been involved in lucrative State deals including G2G oil import tender. Tullow has been trying to get a strategic partner for its operations in Turkana fields.
By Brian Ngugi and Macharia Kamau 23 days ago
Tullow exit puts Kenyan firm Gulf Energy in driver's seat for oil riches
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State pushes for shared cooking gas facilities to cut costs, boost access
The Ministry of Energy is pushing for the conversion of privately owned cooking gas handling facilities into common user infrastructure as part of strategy to drive up LPG usage in the country.
By Macharia Kamau 24 days ago
State pushes for shared cooking gas facilities to cut costs, boost access
Lack of harmonised laws hurts Africa's ICT take-off
Across Africa, governments and private sector players have poured significant investments into digital infrastructure-from sprawling fibre optic networks to booming mobile payments platforms.
By Macharia Kamau 24 days ago
Lack of harmonised laws hurts Africa's ICT take-off
Slight reprieve for Kenyans as Epra reduces pump prices by Sh2
The reduction of fuel prices was helped by a mix of factors, including the decline in the cost of products globally as well as the government-to-government deal.
By Macharia Kamau 25 days ago
Slight reprieve for Kenyans as Epra reduces pump prices by Sh2
Multinationals on the spot for steep rise in illicit financial flows
New Auditor General report reveals how international firms exploit weak laws and growing use of cryptocurrencies to evade tax. The audit was carried out on foreign companies.
By Macharia Kamau 27 days ago
Multinationals on the spot for steep rise in illicit financial flows
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Man of steel: Devki boss' iron hold on Ruto's government
For some, Narendra Raval appears to live up to the name that he popularly goes by, Guru.
By Macharia Kamau 27 days ago
Man of steel: Devki boss' iron hold on Ruto's government
Jubilee Health Insurance doubles net profit to Sh910 million
Jubilee Health Insurance Ltd, a subsidiary of Jubilee Holdings, attributed the growth to investments in digital health solutions and operational efficiency during the year.
By Macharia Kamau 29 days ago
Jubilee Health Insurance doubles net profit to Sh910 million
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Treasury out of touch as Kenyans struggle with unemployment, cost of living
Budget documents appear to fall short of addressing the harsh financial realities facing Kenyans. As the debt burden increases the government is unable to tame wasteful spending.
By Macharia Kamau and Frankline Sunday 1 month ago
Treasury out of touch as Kenyans struggle with unemployment, cost of living
State's push to grow LPG use fizzles out as oil firms cut investments
The resurgence of illegal refilling of gas cylinders has made firms wary of putting out more of their equipment.
By Esther Dianah and Macharia Kamau 1 month ago
State's push to grow LPG use fizzles out as oil firms cut investments
Business confidence hits decade low despite private sector growth
Kenya's private sector activity registered growth in March, but it was also marked by a deterioration in confidence among businesses, which dropped to its lowest level in a decade.
By Macharia Kamau 1 month ago
Business confidence hits decade low despite private sector growth
Business confidence falls to 10-year low despite private sector growth
Kenya's private sector activity registered growth in March, but it was also marked by a deterioration in confidence among businesses, which dropped to its lowest level in a decade.
By Macharia Kamau 1 month ago
Business confidence falls to 10-year low despite private sector growth
Trump tariffs threaten Kenya's Sh72b exports
Kenyan exporters to the US face significant uncertainty after President Donald Trump announced a sweeping new set of tariffs, including a cumulative 20 per cent levy on Kenyan goods.
By Brian Ngugi and Macharia Kamau 1 month ago
Trump tariffs threaten Kenya's Sh72b exports
State edges KPC out of cooking gas plant deal for Nigerian firm
State-owned firm will now bear the costs of the work it had done in preparation for construction.
By Macharia Kamau 1 month ago
State edges KPC out of cooking gas plant deal for Nigerian firm
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Ruto fails to keep Judiciary budget promise
During his inauguration, President William Ruto said he would raise allocations by Sh3 billion every year.
By Esther Dianah and Macharia Kamau 1 month ago
Ruto fails to keep Judiciary budget promise
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Why state, motorists are at odds on road tolling
Road users have called for non-tolled road alternatives even as the government pushes ahead with plans to introduce fees for use of some key roads and highways across the country.
By Macharia Kamau and James Wanzala 1 month ago
Why state, motorists are at odds on road tolling
Tourism industry raises concerns over ETA system delays
Kenya introduced the ETA system last year, requiring visitors to obtain authorisation before entry.
By Macharia Kamau 1 month ago
Tourism industry raises concerns over ETA system delays
How Nairobi-Addis deal is fuelling surge in Kenya's electricity imports
Kenya's northern neighbour accounted for 10.48 per cent of all the power that was consumed in the country over the six months to December.
By Macharia Kamau 1 month ago
How Nairobi-Addis deal is fuelling surge in Kenya's electricity imports
Smaller lenders lead in cheap loans as costs fall marginally
Citibank Kenya tops list, with its loans averaging 12.78 per cent in February this year, down from 18.47 per cent in September 2024.Others, like KCB Group, however, saw their rates go up.
By Macharia Kamau 1 month ago
Smaller lenders lead in cheap loans as costs fall marginally
Treasury to borrow more locally in a bid to tame rising loan costs
Households and businesses could be further squeezed out of credit as the National Treasury plans to crank up borrowing from local banks in coming years.
By Macharia Kamau 1 month ago
Treasury to borrow more locally in a bid to tame rising loan costs
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Will fresh blood at helm of KTDA turn the tide for tea farmers?
After losing twice in the elections, Chege Kirundi was third-time lucky when he finally won the Kenya Tea Development Agency (KTDA) chairmanship in January this year.
By Macharia Kamau 1 month ago
Will fresh blood at helm of KTDA turn the tide for tea farmers?
Kenya to restart licensing of 10 oil and gas blocks in September
Over 10 highly prospective blocks have been identified and selected based on geo-scientific data.
By Macharia Kamau 1 month ago
Kenya to restart licensing of 10 oil and gas blocks in September
Equity boss roots for African businesses as top US varsity visits
Equity Group Chief Executive James Mwangi says despite market competition and challenges, Africa has immense business potential and opportunities.
By Macharia Kamau 1 month ago
Equity boss roots for African businesses as top US varsity visits
Chinese firm to aid agency's plan for Kenya's first nuclear plant
The Nuclear Power and Energy Agency (NuPEA) has inked a partnership deal with the China Nuclear Engineering and Construction Corporation (CNECC) International Engineering Co.
By Macharia Kamau 1 month ago
Chinese firm to aid agency's plan for Kenya's first nuclear plant
NSSF doubles contributions to sh59.14 billion for year ending June 2024
Contributions to the National Social Security Fund (NSSF) more than doubled to Sh59.14 billion over the year ending June 2024 following the higher rates that came into effect early 2023.
By Macharia Kamau 1 month ago
NSSF doubles contributions to sh59.14 billion for year ending June 2024
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Trump offers a flicker of hope for Kenya's oil project
Locally, there is a feeling that the policy shift by the Trump administration could alter the thinking among investors and unlock funding that could see investors pump money into Kenya's oil sector.
By Macharia Kamau 1 month ago
Trump offers a flicker of hope for Kenya's oil project
Ruto's diplomatic mishaps hurt Kenya's trade, bilateral relations
Experts say that the decision to host RSF is damaging Ruto's credentials on international relations by appearing to promote rebellion dissidence in sister republics.
By Esther Dianah, Esther Dianah and Macharia Kamau 1 month ago
Ruto's diplomatic mishaps hurt Kenya's trade, bilateral relations
Fuel prices remain unchanged, three months in a row
Fuel prices remain unchanged in latest EPRA review; Petrol to retail at Sh176.58, Diesel at Sh167.06 and Kerosene at Sh151.39 per litre in Nairobi.
By Macharia Kamau 1 month ago
Fuel prices remain unchanged, three months in a row
KPC remits Sh7b in dividend to Treasury as profit rises to Sh10b
KPC has reported Sh10 billion profit before tax for the 2023/2024 financial year, a 32 per cent increase from Sh7.6 billion achieved in the previous fiscal year.
By Macharia Kamau 1 month ago
KPC remits Sh7b in dividend to Treasury as profit rises to Sh10b
Oil marketer Ola Energy to lay off staff in latest restructuring
Ola Energy, the fourth largest oil marketing company, said it has commenced a restructuring of its local unit in a move that would see some of its employees declared redundant.
By Macharia Kamau 1 month ago
Oil marketer Ola Energy to lay off staff in latest restructuring
How Epra plans to increase fuel prices
Fuel prices are set to rise by as much as Sh7.80 per litre in the coming months as Epra implements recommendations for a new petroleum pricing regime.
By Macharia Kamau 1 month ago
How Epra plans to increase fuel prices
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Falling prices: Mbadi's math doesn't add up
In recent weeks, the National Treasury has been on a public relations overdrive to convince Kenyans that they are better off now than they were a year ago.
By Macharia Kamau and Frankline Sunday 1 month ago
Falling prices: Mbadi's math doesn't add up
Mbadi defends State measures on the economy
Treasury Cabinet Secretary John Mbadi attributes the low inflation to government interventions including stabilising of the Shilling, lower fuel prices and fertiliser subsidy programme
By Macharia Kamau 2 months ago
Mbadi defends State measures on the economy
Last year's Mai Mahiu tragedy was preventable
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Rumbles over IEBC just moments after Ruto nominates members
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How independently can new IEBC nominees carry out their mandate?
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