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Safaricom valuation hits Sh1tr mark
Safaricom Plc's valuation at the Nairobi Securities Exchange (NSE) crossed the psychological barrier of the Sh1 trillion mark on Thursday last week.
By Macharia Kamau 7 days ago
Safaricom valuation hits Sh1tr mark
Tanzania firm refutes Keb's safety concerns over its gas imports
Cooking gas firm Lake Gas has defended the quality of its first bulk consignment of imported cooking gas, insisting it meets the required quality and safety standards.
By Macharia Kamau 7 days ago
Tanzania firm refutes Keb's safety concerns over its gas imports
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Police explanation of Ojwang's death comes from a familiar past script
Claims surrounding Albert Ojwang's death in a police cell defied common sense and raised doubts about the legitimacy of those in power.
By Macharia Kamau 7 days ago
Police explanation of Ojwang's death comes from a familiar past script
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It's a mixed bag for Michael Joseph as he formally exits Kenya Airways
Michael Joseph's exit marked the end of a board career spanning a maximum tenure of nine years, marked by both highs and lows.
By Macharia Kamau 8 days ago
It's a mixed bag for Michael Joseph as he formally exits Kenya Airways
Epra increases cost of super petrol in fuel prices changes
Epra has scrapped the petroleum price stabilization or subsidies that are used to cushion motorists from high prices.
By Macharia Kamau 9 days ago
Epra increases cost of super petrol in fuel prices changes
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From Sh4.24 tr to Sh4.29 tr: Mbadi moving numbers raise eyebrows
Treasury has moved goal posts from the spending plan it presented to Parliament in April.Experts say this erodes credibility of the budget-making process, as the numbers can't be relied on.
By Macharia Kamau 9 days ago
From Sh4.24 tr to Sh4.29 tr: Mbadi moving numbers raise eyebrows
Epra boss picked for global energy body's post
The Energy and Petroleum Regulatory Authority (Epra) Director General Danie Kiptoo has been appointed the vice chairman of the International Confederation of Energy Regulators (ICER).
By Macharia Kamau 10 days ago
Epra boss picked for global energy body's post
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Alarm as Kilifi-based Tanzanian gas firm fails key KEBS safety standard
The Kenya Bureau of Standards (Kebs) has rejected a cooking gas consignment that was imported into the country by Lake Gas due to non-compliance with safety standards.
By Macharia Kamau 10 days ago
Alarm as Kilifi-based Tanzanian gas firm fails key KEBS safety standard
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Oil firms put on the spot over high LPG cost despite tax exemptions
House budget committee is concerned retail prices have remained high, going up up by 55.7 per cent between 2020 and 2024.VAT on cooking gas was zero-rated in 2023.
By Macharia Kamau 10 days ago
Oil firms put on the spot over high LPG cost despite tax exemptions
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Debt hole set to deepen, civil servants to lose perks in new plan
Treasury to borrow more from local lenders despite caution by experts and Parliament. Civil servants likely to lose perks while over 110,000 youth will be engaged in climate work.
By Graham Kajilwa and Macharia Kamau 10 days ago
Debt hole set to deepen, civil servants to lose perks in new plan
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Mbadi's U-turn: From Ruto's harshest critic to trusted economic voice
John Mbadi frequently derided President William Ruto during his time as an MP He said Ruto was a micro-manager and his Cabinet incompetent: he is now Treasury boss
By Macharia Kamau 11 days ago
Mbadi's U-turn: From Ruto's harshest critic to trusted economic voice
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Why IMF, World Bank hand in Kenya budget faces pushback
Among the many placards on display in the streets of Nairobi last June when Kenyans protested against the Finance Bill, 2024 were a few unpalatable ones targeted at the IMF.
By Macharia Kamau and Esther Dianah 21 days ago
Why IMF, World Bank hand in Kenya budget faces pushback
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Arrested activist, experts reveal 'hidden' traps in the Finance Bill
Rose Njeri employed her skills to create a web portal that would enable Kenyans to submit their views on the Finance Bill, 2025.
By Macharia Kamau 22 days ago
Arrested activist, experts reveal 'hidden' traps in the Finance Bill
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World Bank: Use civil servants allowances to upgrade Naivasha
The World Bank wants the government to slash allowances for civil servants conferencing in Naivasha
By Macharia Kamau 22 days ago
World Bank: Use civil servants allowances to upgrade Naivasha
TransCentury swings back to profitability after a decade
It is the first time that the firm has reported a full-year profit since 2013, when it reported a Sh2.28 billion loss.
By Macharia Kamau 26 days ago
TransCentury swings back to profitability after a decade
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World Bank pushes Kenya to hike PAYE to 38pc
The global lender says the move would reduce the average tax rates and other contributions to 18.7 per cent for low-income earners.
By Macharia Kamau 26 days ago
World Bank pushes Kenya to hike PAYE to 38pc
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Michael Joseph's chequered KQ legacy as he heads for exit
Kenya Airways (KQ) chairman Michael Joseph will retire next month after eight years at the helm of the national carrier's board.
By Macharia Kamau 30 days ago
Michael Joseph's chequered KQ legacy as he heads for exit
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How Finance Bill 2025 risks hiking Kenya's clean energy costs
According to Kenya's National Electric Mobility Policy, it aims to have EVs contribute 30 per cent of all new vehicles that will be registered by 2030.
By Macharia Kamau 1 month ago
How Finance Bill 2025 risks hiking Kenya's clean energy costs
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Ruto's 'no-tax Finance Bill' to raise cost of affordable housing project
The Finance Bill 2025 contains no new tax measures in an attempt by the government to calm Kenyans following last year's anti-government demos.
By Macharia Kamau 1 month ago
Ruto's 'no-tax Finance Bill' to raise cost of affordable housing project
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State to revive Nairobi financial hub plan after stuttering start
The Finance Bill 2025 has proposed a raft of new measures to attract firms to the Nairobi International Financial Centre.
By Macharia Kamau 1 month ago
State to revive Nairobi financial hub plan after stuttering start
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Finance Bill 2025 will trigger a spike in cost of goods, experts say
Smarting from last year's anti-tax protests, the Treasury has tried to reform tax administration. But migrating zero-rated goods to the VAT-exempt bracket might hit Kenyans' pockets harder.
By Macharia Kamau 1 month ago
Finance Bill 2025 will trigger a spike in cost of goods, experts say
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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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months 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 2 months ago
Business confidence falls to 10-year low despite private sector growth
Unflappable and focused, Farouk Kibet is the new enigma in town
Alexander Chagema
By Alexander Chagema
2 hrs ago
Court dismisses sacked Siaya County clerk case
Nyanza
By Kamau Muthoni
2 hrs ago