- Kuscco is pursuing the strategy of raising funds through restructured operations and also hopes that the legal process of going after the former officials will unlock more funds for Saccos.
- This comes as earnings from Kenya’s tea exports grew by nine per cent, to Sh215.21 billion in 2024, up from Sh196.97 billion the previous year while local sales stood at Sh18 billion.
- Business ownership increased by seven percentage points in 2025, while full-time employment as the main source of income declined by five points year-on-year.
- An analysis from a hospital shows that in the last one year, the number of men who visited their facility for sexual health consultation nearly doubled.
- When the project bonds were introduced in February 2009, their proceeds were tied to specific development projects within the budget, in order to allow monitoring of the projects to completion.
- In a land where private equity (PE) is a large and thriving industry, why do some businesses choose to exit via Berkshire? How different is PE from Berkshire Hathaway?
- Women now outnumber men at the Kenya School of Law (KSL), marking a significant milestone in gender representation in legal education and profession.
- Disclosures from the top 40 saccos by deposits show a 13.7 percent increase in dividends from the Sh41.34 billion surplus earnings that the co-operatives offered their members last year.
- Epra’s director-general said the authority has already gone through a preliminary analysis of the proposal, and hopes to conclude the approval process this month.
- To accelerate the achievement of the SDGs in Africa, a multipronged approach is essential, addressing both immediate challenges and long-term structural issues.
- Investigations into the smuggling scheme revealed that truck drivers alter vehicle registration plates mid-journey within the country and tamper with the electronic seals.
- The Communications Authority of Kenya (CA) data shows that fixed Internet subscriptions stood at 1.5 million last September, while mobile broadband stood at 39.8 million.
- The ability of AI to personalise marketing and sales strategies, allows businesses to develop tailored marketing messages and product recommendations based on customer behavior and preferences.
- Treasury officials told lawmakers the additional funding requests are part of priority expenditures under President William Ruto’s Bottom-Up Economic Transformation Agenda and government policies.
- From a desire to have a flawless face, plump lips, and youthful skin; Kenyans are now asking their doctors if they can perform such aesthetic procedures.
- The higher exits from dismissals came even as a lower number of civil servants exited public service in the period from a year prior with the number of departures standing at 8,411 from 10,148 in...
- The bank’s total operating income last year rose by 23.9 percent to Sh204.8 billion from Sh165.2 billion in 2023, anchored primarily on higher net interest income.
- If there was to be a law about what to wear (or not wear) on your feet when driving, the flip-flop would be a more worthy target for prohibition than a bare foot.
- Nairobi trailed Mexico, Aspen and Mustique last year when the rival cities posted price gains of 8.9 percent, 8.9 percent and 8.8 percent respectively.
- Bankers reckon that they will pass on the additional costs to consumers in the form of costly loans, which will trigger repercussions across the economy.
- Parliamentary Budget Office (PBO) says the unchecked rise in salaries paid by counties against limited resources they have been getting from the national government is a fiscal risk.
- The dispute between KBL and KRA began from a tax assessment issued in March 2021, in which KRA demanded payment of Sh668 million in excise duty and value-added tax (VAT).
- In the secondary market, bonds are usually sold at a premium or discount of their face value—which is the actual value or cost of the bond at its first issue.
- By blocking members from accessing retirement savings before age 50, the RBA wants pension benefits to only be utilised after reaching the allowable retirement age.
- Kenya faces a growing cancer burden, with approximately 47,000 new cases and 32,000 deaths each year, according to the Kenya National Cancer Registry.
- According to WHO, one out of six women around the world go through this pain, with factors such as lifestyle changes and delayed family planning contributing to their infertility.
- Many small businesses across Africa still face challenges in integrating efficient payment solutions, limiting their ability to scale, improve cash flow, and meet evolving customer expectations.
- Official data shows more than 80 percent of senior citizens work for basic items, raising questions about the adequacy of pension payouts and coverage of retirement benefits.
