- There are 24 million Kenyans listed with CRB with about 60 per cent of them being mobile loans related. Over 4.2 million borrowers adversely listed with CRBs were expected to repay Sh30 billion.
- Kenya's inflation rose marginally in September after all sectors recorded a general increase in prices, the Kenya National Bureau of Statistics (KNBS) said on Friday.
- President William Ruto and Chinese counterpart Xi Jinping and are expected to meet for the first time in person, over a year since the Ruto government ascended to power.
- Inconsistent supply of raw materials from the local market and costly imports have been cited in a new report as major contributors to the high cost of food.
- Country's third largest bank by assets gained slightly more than Sh1.17 billion in September. Data shows that only Absa Kenya and Standard Chartered gained more value in shares trading.
- Writer says eliminating challenges related to processing of import and export cargo that have impacted Kenya's business climate and global competitiveness remains a key pillar.
- The volume of coffee produced at NCE continues to fall sharply, the State has now formed a team to verify the stock of coffee parchment held by private millers.
- HR expert said to gain a competitive edge and steer their teams toward success, HR leaders across the country are embracing the power of performance management software.
- Six Kenyan companies are among 24 firms from across Africa that have joined African Hidden Champions, an exclusive network of companies founded in 2020.
- CAK investigation comes at a time farmers are grappling with high cost of products. Some firms have also closed shop amid low demand for livestock feed due to high prices.
- Apple is blaming a software bug and other issues tied to popular apps such as Instagram and Uber for causing its recently released iPhone 15 models to heat up and spark complaints
- KRA has perennially missed tax targets and is under pressure to seal revenue leaks against the backdrop of higher collection targets set by the government.
- The US and her allies were big on "soft issues" like human rights and democracy. They left out the "hard issues" like roads and rails, which China easily took up.
- Ironically, county bosses allocated only Sh97.98 billion to development expenditure. Expenses were processed through the manual payroll, raising concerns about the possibility of graft.
- The government will need to heavily invest in agriculture as well as prop up the sectors that are intertwined with agriculture to lower the cost of living and make life bearable for Kenyans.
- The Agriculture and Food Authority (AFA) admitted the possibility of a sugar crisis after the volumes of imports failed to meet the projected volume.
- KQ to operate nightly flights from Nairobi to Bujumbura, Burundi starting October 2; increases weekly flights to London and New York effective October 29 and December 4 respectively.
- DP says reforms in tea and dairy bearing fruit, but coffee sector yet to be streamlined. Fight against illicit brew facing hurdles, while macadamia farmers are crying foul.
- East African Portland Cement has announced a Sh20 rise per bag in what could trigger a similar trend by other players in the wake of higher taxes and a record rise in fuel pump prices.
- Players in the hospitality sector at the Coast are pushing for the implementation of an open skies policy to enable direct flights from tourism source markets to Mombasa.
- Complexities around availability of land have been identified as the major challenge for developers seeking to participate in the government led affordable housing agenda
- Food inflation in the country declined to 8.6 per cent in July 2023, a report by the Kenya Institute for Public Policy Research and Analysis (KIPPRA) shows.
- The economics of recycling lead acid batteries are favourable, making them profitable. Profitable economics ensures sustained industry interest and commitment to the recycling process.
- Players in the import and export logistics chain have intensified the push for self-regulation through an act of parliament to tame scrupulous agents.
- High cost of living in a high-inflation environment has eroded the purchasing power of consumers, depriving them of opportunity to access necessities like food and healthcare.
- Embattled Japanese auto giant Toyota-backed Kenyan logistics startup Sendy is staring at an uncertain future after being placed under administration amid financial difficulties.
- The Estate Agents Registration Board (EARB), which regulates real estate agents in the country, has opposed a Bill that seeks to regulate the agents.
- Senators have raised questions over the operations of Tullow Oil Company in the country with residents of Turkana County saying they are yet to benefit with the firm's presence.
- Agriculture Cabinet Secretary Mithika Linturi was quick to downplay the row, saying the Kenya Revenue Authority (KRA) is looking at the issue on an individual basis.
- McKinsey Global Institute report 2015 finds that $12 trillion could be added to the global GDP if you add women to economic empowerment and narrow the gender gap.
