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Report blames IMF for economic mess, warns of budget cuts

Africog has accused the IMF of enabling the government's mismanagement by its rosy description of Kenya's economy despite indicators pointing to a poor performance.

By Esther Dianah 22 days ago

Daniel Juma appointed GPF regional representative

Daniel Juma Omondi has been appointed as the Global Peace Foundation (GPF) Regional Representative for Africa, effective 1st May 2025.

By Esther Dianah 1 month ago

Central and Rift farmers pocket Sh1.9b from milk sales

Earnings by dairy farmers in Central and South Rift from raw milk sold to processor Brookside climbed to Sh1.9 billion last year.

By Esther Dianah 1 month ago

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Workers suffer as Atwoli 'too young' to retire at 75

Despite his age, Francis Atwoli's supporters argue he remains vibrant and essential to Kenya's labour movement.

By Esther Dianah 1 month ago

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How KRA loses billions to falsified mitumba invoices

Fake mitumba invoices cost the national government billions in lost tax revenue.

By Esther Dianah 1 month ago

Atwoli to seek re-election next year, COTU board says

The executive Board members of the Central Organisation of Trade Unions (COTU-K) have said that Francis Atwoli will defend his seat as the secretary general of the umbrella workers' body.

By Esther Dianah 1 month ago

Francis Awoli vows to stay put in Cotu

Central Organisation of Trade Unions Secretary General Francis Atwoli has declared interest in defending his position in the union elections next year.

By Esther Dianah 1 month ago

Standard Group CEO feted among 2025's Most Influential CEOs

Global Peace Foundation's Kenya Country Director, Daniel Juma, Britam Holding CEO Tom Gitogo, KEPSA CEO Carole Karuga and Paul Russo of KCB bank are among 50 most influential CEOs in Kenya.

By Esther Dianah 1 month ago

Trade unions want Labour issues addressed by ministry

Trade Unionists want labour-related issues addressed.

By Esther Dianah 1 month ago

How second hand clothing imports are costing Kenya's exchequer billions

This huge import highlights Kenya's significant demand for affordable clothing, with used clothing ranking 17th among the country's most imported products in 2023.

By Esther Dianah 1 month ago

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Minty business: Local farmer mints cash from fragrant crop

Today, his once-struggling farm thrives with fragrant rows of mint, a transformation fuelled by his willingness to embrace a more profitable, low-maintenance crop.

By Esther Dianah 1 month ago

CBK to lift 10-year ban on licensing new banks in July 2025

The moratorium was intended to provide space for the strengthening of the Kenyan banking sector.

By Esther Dianah 1 month ago

Absa Bank's home loan financing to tackle home affordability and access

The new facility is available at competitive interest rates, with a repayment period of up to 25 years.

By Esther Dianah 1 month ago

Prudential Assurance to recruit and train over 5,000 agents

Prudential Assurance has announced plans to recruit and train more than 5,000 sales agents across Kenya over the next five years.

By Esther Dianah 1 month ago

Import of used clothes holding back textile industry - CS

Kenya cannot have a thriving textile Industry and at the same time remain a favourite export destination for second hand clothes.

By Esther Dianah 1 month ago

Githurai traders protest 'illegal' eviction order

Tension is high at Jubilee Market in Githurai, Kiambu County, as traders protest a 30-day eviction notice they say was issued without an alternative relocation plan.

By Esther Dianah 2 months ago

Nairobi June forum to accelerate development of new cities

The New Cities Summit 2025 will showcase pioneering urban development projects and connect developers with top financiers, policymakers, and experts for strategic guidance.

By Esther Dianah 2 months ago

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

Kakuzi targets US market for avocado exports

Kakuzi PLC has implored regulatory and related government agencies to prioritise market access dialogue for the benefit of local agribusiness players.

By Esther Dianah 2 months ago

Portland cement issues Sh48m dividend to Treasury, NSSF

Portland Cement has issued a Sh48 million dividend to Treasury and the NSSF, marking its first dividend since 2011 after returning to profitability.

By Esther Dianah 2 months ago

Governors accuse Ruto of killing devolution

Council of Governors warns Kenya Kwanza is killing the spirit of the 2010 law. Treasury CS accuses counties of failure to absorb donor funds, thus the reduction.

By Esther Dianah 2 months ago

Governors threaten to shut down services over county budget cuts

The Council of Governors has accused President William Ruto's administration of plotting to kill devolution by crippling them through budget cuts and delayed disbursements.

By Esther Dianah 2 months ago

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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 2 months ago

KAA fetes best operators in aviation

KAA Friday hosted the fourth edition of the Aviation Business Excellence Awards (ABEA) Gala, bringing together over 350 industry stakeholders to celebrate excellence in aviation.

By Esther Dianah 2 months ago

Treasury's renewed appetite for local loans to hurt firms

Kenyan businesses face significant challenges in accessing credit due to high lending rates, a situation that could further be exacerbated by the government's appetite for borrowing locally.

By Esther Dianah 2 months ago

Family Bank profit jumps 38pc to Sh3.4b on higher interest income

Family Bank Group's net profit surged by 38 per cent to Sh3.4 billion in the year ended December 2024 from Sh2.5 billion a year earlier.

By Esther Dianah 2 months ago

Acorn student hostel REITs triple profit to Sh1.4b in 2024

Acorn's combined portfolio of operating and development-stage student beds now stands at 21,000.

By Esther Dianah 2 months ago

SGR employees to undergo extensive training for localized operations

Standard Gauge Railway (SGR) employees are set to benefit from months long training on how to localize operations.

By Esther Dianah 2 months ago

M-Pesa Foundation touches lives through free medical camp in Vihiga

Over 3,000 residents benefited from a free medical camp organised by M-Pesa Foundation, in partnership with Zuri Health and Lion Sight First Eye Hospital, in Vihiga County.

By Esther Dianah 2 months ago

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 2 months ago

Raila defends pact with Ruto, says country must move on

Former prime minister Raila Odinga has defended his working agreement with president William Ruto, saying the country must move on.

By Esther Dianah 2 months ago

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Outrage over disruptions caused by Ruto Nairobi tours

But as he ended his tour on Friday, anger and disappointment continued to be expressed among city dwellers mostly through social media.

By Esther Dianah 2 months ago

Pangani residents oppose construction of high-rise building over safety

As high-rise buildings are erected every day to feed Nairobi's growing population, it also poses significant challenges to city dwellers.

By Esther Dianah 3 months ago

KCB to finance Sh10 billion green housing project

KCB Bank Kenya will provide debt financing to International Housing Solutions (IHS) to support the construction of affordable housing units and end-user financing for home buyers.

By Esther Dianah 3 months ago

Why most industrial developers are moving to satellite towns

Property developers say it is easier for manufacturers to do business in satellite towns than in Nairobi's metropolitan area owing to favourable cost and availability of land.

By Esther Dianah 3 months ago

KCB to fund IHS's Sh10b green housing project

KCB Bank will provide debt financing to International Housing Solutions (IHS) to support the construction of affordable housing units and end-user financing for home buyers.

By Esther Dianah 3 months ago

Controller of Budget seeks more millions for FY2025-26

Controller of Budget Margaret Nyakango seeks additional Sh579.3m in FY2025/26, says low funding affects operations, including monitoring of development projects.

By Esther Dianah 3 months ago

Sudan paramilitary group open to talks on parallel government

The Sudanese paramilitary group has said that it is open to negotiations despite signing a constitution that reinforces its intention to establish a parallel government.

By Esther Dianah and Manuel Ntoyai 3 months ago

Natembeya: I'm ready to vie for presidency

Trans Nzoia Governor George Natembeya says it's time for Mudavadi and Wetangula to step aside for community to ascend to power.

By Esther Dianah 3 months ago

Influencing: Why monetising social media content is not easy

Digital content creators are typically new generation workforce that fancy remote work, have eschewed the 9 to 5 for flexible working and are attracted to the world of influence and recognition.

By Esther Dianah 3 months ago