Kenya can't succeed with public budgets alone- CS Mbadi

Due to the continuous shrinking of traditional ways of financing the budget, the Treasury CS John Mbadi has admitted that public budgets alone cannot finance Kenya’s economic transformation.

By 9 days ago

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How boda boda fatal crashes are costing Kenya billions in losses

The boda boda industry which is largely informal has been growing tremendously, and so are the accident risks, causing a massive loss for owners, operators and also their victims.

By 18 days ago

Why it's cheaper to drink wine outside Kenya

With a relatively high excise taxation, it is difficult for a consumer to have a glass of wine or a bottle of wine when compared to a beer or a local spirit, the cost differential is so high.

By 18 days ago

New vaccines to boost Kenya's poultry sector

Unga Farm Care (EA) Limited, in partnership with global animal nutrition and Kemin Biologics, has officially launched Coryvac and Mevac poultry range of vaccines.

By 18 days ago

Gender desk in Tiaty to tackle rising cases of GBV

The desk at Chemolingot Police Station will serve as a confidential reporting and support center for survivors of gender-based violence (GBV) and child abuse.

By 18 days ago

Safaricom unveils new B-live data bundle

Kenya’s largest telco Safaricom, has unveiled a new data package that will see customers access bundles based on time and not megabytes.

By 22 days ago

Liberty Kenya half-year earnings dip 59pc to Sh260m

Liberty Kenya Holdings has posted Sh260 million net earnings in the first half of 2025, marking a 59 per cent drop from Sh632 million in the same period last year.

By 25 days ago

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How shrinking wallets are pushing Kenyans to brand switching

According to the Nielsen IQ consumer outlook report, millennials and boomers have been found to monitor the cost of the overall basket of goods to manage expenditure.

By 30 days ago

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12 years of devolution: The good, the bad, and the unfinished

Even as locals continue to enjoy the perks of devolution, county governance is still on the spot for not delivering the promise of devolution, more than a decade later.

By 30 days ago

I will not stop betting, SportPesa jackpot winner Bonnie Kamau says

Bonnie Kamau, the jackpot winner of Sh424.6 million, has been betting for over 10 years, and he says, this win doesn’t stop him from betting even more.

By 1 month ago

Pensions outperform inflation by 26pc

Kenyan pension schemes delivered their strongest returns in years, outpacing inflation by a staggering 26 per cent in the 12 months to June 2025.

By 1 month ago

Absa Bank books Sh11.7b half-year profit

Net interest income fell by 2.9 per cent to Sh22.3 billion, while non-interest income grew by 3.3 per cent to Sh9.1 billion, driven by diversified streams from fees and commissions.

By 1 month ago

Solution-based innovations dominate STEM exhibition

Students competed in four categories, including technology, social and behavioural sciences, biological and ecological sciences, chemical, physical and mathematical sciences.

By 1 month ago

Consolidated Bank rebounds to profitability

Consolidated Bank has posted a profit of Sh21.6 million for the half-year to June 30, 2025, an improvement from a loss of Sh76.8 million recorded over the same period last year.

By 1 month ago

Stanbic posts Sh6.5b half-year profit as it ramps up client support

Stanbic Holdings Plc has posted a profit after tax of Sh6.5 billion and delivered a return on equity of 17.4 per cent in the first six months of this year.

By 1 month ago

Safaricom Hook holds training forums for youth in Western Kenya

At the Siaya National Polytechnic, more than 2,000 youth participated in technical masterclasses in plumbing, electricals, hospitality, fashion, and design.

By 1 month ago

Nacada's proposed rules threaten formal alcohol market, tax inflows

Policy aims to tackle alcohol abuse, but experts argue it overlooks root causes —unemployment and a faltering economy.

By 1 month ago

EABL posts Sh12b profits, to give Sh8 dividend

In 2024, the beverage company recorded a net profit of Sh10.87 billion.

By 1 month ago

Global firm takes over Goodlife Pharmacy, eyes manufacturing

CFAO Healthcare has fully acquired the Goodlife chain of pharmacies at an undisclosed amount of money, following the green light from the Comesa Competition Authority.

By 1 month ago

Cargo agents seek government support for sector growth

Clearing and forwarding agents have called for increased regulatory support to unlock the sector’s full potential.

By 1 month ago

Auto firm eyes regional market with new trucks

Fast Automobile Works (FAW) has introduced two ranges of commercial trucks dubbed FAW JK6 and FAW JH6, as it marks 20 years of operations in Kenya.

By 1 month ago

State kicks off Sh1.45b milk coolers installation in 40 counties

Forty counties are set to benefit from 230 milk coolers worth Sh1.45 billion that are being distributed and installed across the country to boost the dairy sector.

By 1 month ago

Carrefour unveils 'Choose Better' drive for healthier, greener living

Carrefour in Kenya has launched a new initiative aimed at educating, empowering, and rewarding customers for making healthier and more sustainable lifestyle choices.

By 1 month ago

Kenya Pavilion welcomes millionth visitor at Osaka Expo, eyes two million

The Kenya Pavilion at Expo 2025 Osaka on Thursday welcomed its millionth visitor since the global showcase began in April.

By 1 month ago

Investors urged to back high-impact projects in the Lake region

Organisers of the 2025 Business Ecosystems Summit, an investment forum uniting businesses, investors, and policymakers, have called on investors to channel their capital into high-impact projects.

By 1 month ago

E-mobility startup selected for funding

Spiro operates an integrated platform that provides electric two-wheel mobility in eight African countries through distribution partners and financiers.

By 1 month ago

Equity scoops top EAC banking award

Equity Bank has been named Best Regional Bank in East Africa at the 2025 African Banker Awards.

By 1 month ago

Counties choke on debt as devolution staggers forward

As devolution steers through its 12th year, pending bills resulting from delayed disbursement of funds continue to cripple service delivery in counties.

By 2 months ago

State backs tourism sector players' recovery efforts

The ministry has acknowledged the concerns of the tourism sector over the potential impact of the recent political disruptions and appealed for positive national storytelling.

By 2 months ago

Uber Eats partners with Carrefour Kenya to ease delivery of groceries

Uber Eats has signed a partnership agreement with Carrefour, owned by Majid Al Futtaim, that will make grocery shopping faster, easier, and more convenient.

By 2 months ago

Sian Group, Kura unite to stop effects of climate change

Partners plant 5,000 trees and plan to improve road network around the Maasai Flowers Ltd farm. Businessman Joshua Kulei urges communities to preserve the environment for sustainability.

By 2 months ago

New drive to boost food security

African Women in Agricultural Research and Development Launches Gender in Agrifood Systems Policies (GASP) Program to Drive Inclusive Agricultural Development in Africa.

By 2 months ago

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How Trump's chaos will ripple through Kenyan economy

Kenya's economy is already reeling from the Trump administration’s sweeping policy shift from travel bans to punitive tariffs.

By 2 months ago

Equity woos Italian leather industry investors for local partnerships

Equity Bank is positioning itself as a key financial partner to Italian investors eyeing local collaborations.

By 2 months ago

Kenya's trade pavilion in Japan attracts record 500,000 visitors

The Kenya Pavilion at Expo 2025 Osaka in Japan has reached a key milestone, attracting over 500,000 visitors as of Thursday.

By 2 months ago

Britam's BetaLab backs local fintech's bid to power riders with cover and fuel credit

Britam’s innovation and incubation hub BetaLab has invested Sh5 million in a local fintech firm Oye, to boost access to insurance and ease fuel costs for the country’s two million boda boda drivers.

By 2 months ago

Hidden knife in the Finance Bill that stabs firms

Manufacturing sector will bear the brunt of raw material taxation. Extension of tax refund timelines will severely strain cash flow for businesses.

By 2 months ago

Budget blues: Tax shifts threaten jobs and investments

Stakeholders and tax experts have expressed deep concerns over provisions in the Finance Bill, 2025, that could negatively impact businesses and cash flows in the economy.

By 3 months ago

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Trump's administrative decisions have far broader effect

As the world navigates global economic shockwaves and geopolitical tensions, US President Trump’s administration has been nothing short of turbulent waters, for both its foes and allies.

By 3 months ago

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Car importers fault KRA's new car valuation, says will cripple the industry

The Car Importers Association of Kenya (CIAK) has rejected the proposed revision of the retail selling prices of imported used motor vehicles by the government.

By 3 months ago