- The news has been awash with stories of pension schemes struggling to meet their obligations on account of low revenues, despite owning prime properties.
- A shipping agency claim before the Mombasa High Court shows the possibility of a second ship in the dispute between Ann Njeri and Galana Energies Limited.
- KenGen says it has reduced the amount of costly thermal power being fed into the grid. Since hydropower is cheaper, there will be an effect on power costs for users.
- The bloc initially comprised Kenya, Uganda and Tanzania before Rwanda, Burundi, South Sudan and the Democratic Republic of Congo(DRC) and Somalia joined.
- With assets totaling Sh338 billion, KPA is the fourth-largest State corporation. KPA to open an office in DRC to tap the transit cargo market in that country.
- President William Ruto has told off politicians opposed to the Hustler Fund terming it one of the most successful programmes that his administration launched one year ago.
- Treasury CS Njuguna Ndung'u said the country would instead borrow from multilateral institutions such as the World Bank and the International Monetary Fund (IMF).
- Farmers in North Rift have protested plans by the government to privatize state corporations including New Kenya Cooperative Creameries (KCC) and Kenya Seed Company (KSC).
- The event, organised by Go Gaga Experiential, aims to bring together provide unparalleled industry insights, explore emerging trends, and accelerate growth within the sector.
- Tourism stakeholders have joined the growing calls for the arrest and prosecution of suspects who invaded and staff at Pinewood Beach Resort in Diani, Kwale County.
- Speaking during the launch, KNBS Director General George Obudho said that initially, the contribution of the film industry to the economy was not known.
- NTBs include quotas, embargoes, sanctions, discriminatory levies among others. AfCTA aims to accelerate intra-African trade and boost Africa's trading position in the global market.
- The tailor-made project has been crafted to align with its tenant's distinct needs, encompassing considerations of size, layout, features, and functionality.
- KNTC officials, among them Managing Director Pamela Mutua, recorded statements on the matter, which is also under investigation by the Ethics and Anti-corruption Commission.
- Treasury CS Njuguna Ndung'u said the country would instead borrow from multilateral institutions such as the World Bank and the International Monetary Fund (IMF).
- A major revelation from the study is that a majority of MSMEs rank digital training and skills development as the paramount requirement for venturing into the online sphere.
- According to the IMF, crypto assets can undermine tax revenue collection and compliance, with the decentralised nature of the medium making it hard to collect third-party information.
- The National Treasury said the sale of the agencies will help it raise additional revenue. It said the disposal would also help reduce the demand for government resources.
- Kenya is considering the possibility of easing regulations on cryptocurrencies, marking a notable change in the country's approach to digital assets.
- The lenders are taking a cue from increasing debt security sales amid concerns that the resulting higher interest rates on bank loans could lower consumer demand for fresh borrowings.
- Loss of electricity during the transmission and distribution process has increased to 23 per cent due to factors such as high rates of theft by customers and tender wars.
- MSMEs have been positioned by players in the banking sector as the reliable pathway for financial institutions to drive and achieve their sustainability agenda.
- Kenya's largest banks have allocated a total of Sh60 billion for loan losses so far in the past nine months due to concerns about a slowdown in the country's economy.
- Local community offered 15 per cent of shares through the Kipsigis Highlands Multipurpose Cooperative Society. Saosa tea extraction facility will remain under Finlay's ownership.
