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Financiers push for tailor-made solutions for 'high-risk' SMEs
Shaka Kariuki, the chief executive of Kuramo Capital, is quick to dispel the claim that small businesses are high-risk to trade with.
By 3 days ago
Financiers push for tailor-made solutions for 'high-risk' SMEs
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Self-made billionaires on the rise: Report
The report released showed that a majority of the super-rich attributed inheritance to 30 to 40 per cent of their wealth.
By 3 days ago
Self-made billionaires on the rise: Report
State ropes in medium-sized firms in new policy changes
The government has included medium-sized enterprises in the new policy in works for small businesses.
By 3 days ago
State ropes in medium-sized firms in new policy changes
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Why Kenya lost Sh7 billion in exports to EAC
Stronger economic growth in other EAC countries is slowly edging out Kenya as the gateway of goods to the rest of the region, the latest report by the government statistician shows.
By 4 days ago
Why Kenya lost Sh7 billion in exports to EAC
Review of infrastructure, taxes and incentives to boost adoption of EVs
Kenya power is already working with the Kenya Industrial and Research Development Institute on the possibility of coming up with a battery assembly plant.
By 4 days ago
Review of infrastructure, taxes and incentives to boost adoption of EVs
Camel meat consumption up 30pc - KNBS
The Kenya National Bureau of Statistics report shows an increase of 29.9 per cent in the number of camels slaughtered in 2024.
By 4 days ago
Camel meat consumption up 30pc - KNBS
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Malaysia to move palm oil business head office to Nairobi
Malaysia will be moving its palm oil business headquarters from South Africa to Kenya as the country looks to position Nairobi as its base for re-exports to the rest of the Sub-Saharan region.
By 5 days ago
Malaysia to move palm oil business head office to Nairobi
Clinker imports dip 93pc as construction sector growth slows
According to the 2025 Economic Survey, the amount of clinker imported stood at 10.3 million tonnes compared to 148 million tonnes in 2023.
By 9 days ago
Clinker imports dip 93pc as construction sector growth slows
Treasury plans to clear verified pending bills as new accounting system beckons
Treasury to settle verified outstanding bills ahead of new accounting system rollout.
By 8 days ago
Treasury plans to clear verified pending bills as new accounting system beckons
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Growth slows to 4.7 per cent as less jobs created
Kenya's economic performance declined significantly last year as the country grappled with both global and domestic challenges.
By 10 days ago
Growth slows to 4.7 per cent as less jobs created
Wealthy Kenyans plan to reinvest their bonus earnings
According to the Standard Chartered Kenya 2025 Bonus Sentiment Report, most wealthy Kenyans plan to spend their bonus earnings on replenishing their investments.
By 10 days ago
Wealthy Kenyans plan to reinvest their bonus earnings
Inadequate managerial capacity limits SMEs access to financing
Limited managerial skills hinder SMEs from securing financing.
By 10 days ago
Inadequate managerial capacity limits SMEs access to financing
Kenya Power, State research firm eye battery manufacturing plant
Kenya Power is working with Kirdi on the possibility of coming up with a battery manufacturing plant, as it seeks seeks to position itself as a major player in adoption of electric vehicles. 
By 11 days ago
Kenya Power, State research firm eye battery manufacturing plant
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Why firms are withholding salary increase
KAM Chief Executive Tobias Alando cites rising cost of operations, constrained consumer demand and global market uncertainties as the reasons behind the sluggish implementation of CBAs.
By 12 days ago
Why firms are withholding salary increase
Bread, beer and cosmetics prices to rise as Nema rules take effect
Regulations are meant to make producers and brand owners responsible for the management of waste with manufacturers required to have a track and trace system.
By 12 days ago
Bread, beer and cosmetics prices to rise as Nema rules take effect
No pay hike as Ruto directs 2024 minimum wage be implemented
The President directed the Labour CS to facilitate employees on contract to join unions as he underscored what he termed as the State’s milestones.
By 15 days ago
No pay hike as Ruto directs 2024 minimum wage be implemented
Leafy suburbs property prices drop on Trump budget cuts effect
Property prices in Juja saw the highest increase in the last year at 13.8 per cent when considering all houses, followed by Loresho at 11.7 per cent and Kiserian at 11.4 per cent.
By 16 days ago
Leafy suburbs property prices drop on Trump budget cuts effect
Why you are likely to lose your land to family, not fraudsters
This is considering the major method of land acquisition in the country is through inheritance, according to the Kenya Housing Basic Survey Report 2023-2024.
By 16 days ago
Why you are likely to lose your land to family, not fraudsters
Private firms sack workers as State wage bill continues to rise
Several companies have laid off workers in the last two years with a majority of them citing a difficult business environment associated with increased taxes.
By 16 days ago
Private firms sack workers as State wage bill continues to rise
Mini-grid operators step in to bridge power needs for businesses
Some businesses, like KTDA, have developed mini-grids to supplement power from the main grid, hence cutting electricity costs.
By 17 days ago
Mini-grid operators step in to bridge power needs for businesses
Treasury to revise Budget estimates
The initial budget estimates of Sh4.3 trillion as set out in the 2025 Budget Policy Statement will undergo substantial revisions before being tabled in Parliament.
By 17 days ago
Treasury to revise Budget estimates
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Is Kenya losing its economic power to EAC neighbours?
Kenyans have raised concerns about how the business environment is suffocating industrialisation, and that the focus has now moved to Tanzania and Uganda.
By 18 days ago
Is Kenya losing its economic power to EAC neighbours?
Lower inflation ups consumer spending in first quarter of 2025
Higher spending among consumers has been sustained across the first quarter of the year, with the latest ILAM Consumer Spending Index showing increased volumes in purchases made.
By 18 days ago
Lower inflation ups consumer spending in first quarter of 2025
NSSF's plan to pay pension dues in a day signals relief for retirees
The National Social Security Fund has revealed its plan to pay claims within 24 hours, placing its bet on technology, an agile workforce and cleaning up its records.
By 19 days ago
NSSF's plan to pay pension dues in a day signals relief for retirees
Sh100m Bamburi Cement plant to ease construction
Bamburi Cement Plc, a subsidiary of Amsons Group, has launched a Sh100 million ready-mix concrete plant in Mombasa aimed at meeting the growing demand for quality concrete solutions.
By 19 days ago
Sh100m Bamburi Cement plant to ease construction
Firms list key products with export potential
The products with low demand and export potential are chemicals, machinery and electronic equipment.
By 22 days ago
Firms list key products with export potential
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Low incomes, few houses: How high rent prices leave tenants with empty pockets
The proximity of Kajiado County to the country’s capital is one of the reasons tenants are spending more than half of their incomes on rent.
By 23 days ago
Low incomes, few houses: How high rent prices leave tenants with empty pockets
US team to jet in for talks on Trump tariffs
A delegation from the United States is expected in Nairobi next week as the country seeks a deal to scrap the 10 per cent tariff imposed on Kenyan exports by President Donald Trump.
By 23 days ago
US team to jet in for talks on Trump tariffs
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Role of Commissioner for Cooperatives questioned in Kuscco Sh13b saga
The role of the Commissioner for Cooperative Development in the Kuscco scandal has been questioned as affiliated societies’ officials fight a directive to dismiss them from office.
By 25 days ago
Role of Commissioner for Cooperatives questioned in Kuscco Sh13b saga
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State defends tax regime as firms mull Kenya exit
Kenya Revenue Authority (KRA) Deputy Commissioner Policy and Tax Advisory Maurice Oray noted that agricultural produce, for instance, is exempt from the VAT Act.
By 25 days ago
State defends tax regime as firms mull Kenya exit
America unfazed with Chinese influence as Ruto meets Jinping
The latest invitation comes on the backdrop of tariffs imposed by Trump early in the month across 180 countries.
By 26 days ago
America unfazed with Chinese influence as Ruto meets Jinping
State taps new team to review Sacco laws
CS Oparanya revealed that the team will be chaired by Marlene Shiels, Chief Executive of Capital Credit Union, Scotland.
By 29 days ago
State taps new team to review Sacco laws
Treasury PS blames ballooning debt on costly new constitution
Tresury PS Chris Kiptoo said the country’s budget deficits have been widening since the adoption of the new constitution, which necessitated more borrowing.
By 28 days ago
Treasury PS blames ballooning debt on costly new constitution
Will new KRA system bring more landlords into the tax net?
The lack of data on the number of landlords and rental properties in the country has been cited as a major hindrance to bringing them into the tax net.
By 1 month ago
Will new KRA system bring more landlords into the tax net?
Push to consolidate small pension schemes gathers pace in reforms
Industry players say this is the only way for the sector to gain economies of scale. Kenya’s pension assets under management surpassed Sh2.3 trillion as of the end of December 2024.
By 1 month ago
Push to consolidate small pension schemes gathers pace in reforms
Manufacturers seek higher loan limit in credit guarantee scheme
Manufacturers want the State CGS for small businesses to be increased by Sh15 million and the repayment period extended to eight years.
By 1 month ago
Manufacturers seek higher loan limit in credit guarantee scheme
RBA eyes policy reforms to up contributions
Retirement Benefits Authority has set its eyes on the informal sector as it seeks policy reforms to increase contributions, amid an improved pension assets to GDP ratio.
By 1 month ago
RBA eyes policy reforms to up contributions
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NSE recovery ups pension assets under management to Sh2.3tr
Retirement Benefits Authority shows quoted equities as one of the asset classes, which has always been shunned by fund managers, seeing a revival in the year, growing by 15.6 per cent.
By 1 month ago
NSE recovery ups pension assets under management to Sh2.3tr
Why tenants can't purchase their dwelling units
Majority of tenants would rather build their units - a bungalow or maisonnette – rather than purchase the unit they are renting at the moment.
By 1 month ago
Why tenants can't purchase their dwelling units
Ruto vows fight back against Trump tariffs on Kenyan goods
President William Ruto has broken his silence on the 10 per cent tariff imposed on Kenyan exports to the US, asserting that the country will safeguard its interests amid the global trade war.
By 1 month ago
Ruto vows fight back against Trump tariffs on Kenyan goods
Huawei, Equity launch ICT academy at Open University
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Vatican unveils Pope Leo XIV's official portrait
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