- Over the past decade, the number of passengers carried worldwide grew at an average annual rate of around seven per cent, putting the total at over four billion passengers per year.
- Court has dismissed a case filed by Telecom Kenya Ltd, questioning the CA's failure to give it the green light to connect Kenya to a high-speed undersea cable from China.
- The creation of a Super Energy Service Company within the firm is being financed by the African Development Bank. It is part of the reforms introduced by the Kenya Kwanza administration.
- There exists a myriad of opportunities in Kenya in the affordable housing space and if some interventions are made, the market can be expanded to cover the low and middle-income.
- KPC cautions that Tanzania is becoming a cheaper route for transit fuel in the region. Kenyans to pay more if the firm loses its 51 per cent revenue from neighbouring countries.
- The Buxton housing project not only addresses the critical need for affordable housing but also contributes to the empowerment and upliftment of the Buxton community
- Fossil fuels, including coal, oil, and gas are a major driver of the cost of living crisis, which is stretching billions of household budgets to near breaking point.
- The reforms have seen some players miss the licenses they have been getting automatically. The reforms aim to have the farmer play his/her role in the coffee value chain.
- Transport Cabinet Secretary Kipchumba Murkomen has told the Senate that the government is working towards settling the Sh150 billion pending bills owed to contractors.
- Agency says owners have 30 days to pay the requisite taxes or lose their cargo. Taxman has been aggressively pursuing tax evaders as it seeks to meet revenue targets.
- Participants at the second Global Media Congress discuss the way forward in a fast-evolving world amid news consumers changing habits and emerging new technologies.
- By diversifying savings and investment strategies with money market funds, you can take a proactive step toward financial resilience and stability in an ever-changing economic landscape.
- With no tangible benefit, workers took a 4 per cent pay cut. Employers too have taken a hit, forced to contribute a like amount. These punitive measures should not go unquestioned.
- Kenya, like many emerging economies, has had a fair share of economic ups and downs. Inflation rates have soared, the cost of living has escalated, and the shilling is depreciating.
- On Friday last week, in the middle of Karura Forest in Nairobi, Tecno launched its first flip phone in Kenya, in the smartphone era: The Phantom V-flip.
- In the Kenyan alcohol market, there exists a notable dichotomy: an abundance of low-quality, mass-market brands and a plethora of expensive, international labels.
- An international events organiser in entrepreneurship has made an entry into the Kenyan market, targeting the agricultural sector. Saya Events International hosts agribusiness forums.
- Ketraco General Manager Anthony Wamukota on Tuesday asked the court to lift his suspension from office that was initiated by the Ethics and Anti-Corruption Commission.
- The mobile dryers are capable of drying up to seven tonnes of grain per hour. The State has set aside Sh4 billion to buy maize from farmers at NCPB depots.
- Treasury allegedly invoked Article 223 to increase allocations to the Petroleum ministry, giving it access to funds that may have been used to finance the Sh17 billion diesel cargo.
- Report lays bare the heights of impunity by high-ranking government officials that facilitated the irregular transaction and some of the beneficiaries of the Sh6 billion payout.
- Housing Permanent Secretary Charles Hinga has urged investors to join hands with the government in the ongoing project to construct affordable houses across the country.
- To ensure that government policies reflect citizens' aspirations and curtail rampant misunderstanding of official actions, public participation is imperative in any policymaking process.
- The agency is seeking local manufacturers' input to reprocess the oil, which was imported at Sh20 billion. No deal has been struck yet as consumers grapple with available varieties.
- Money will be disbursed over the next three years, subject to approval by the bank's directors. Funding could come with added taxes as global lenders target government fiscal discipline.
- Four years of a global pandemic, two wars and 'higher interest rates for longer' appear to have taught corporates that it is time to turn around and project an optimistic future.
- Ruto said all details of the deal are in the public domain and available in Parliament. He regretted the opposition's efforts to hinder the government's economic transformation.
- Normal cargo operations resume at Port of Mombasa after repairs between Mariakani and Mombasa Terminus section which was ruined by floods, Kenya Railways says.
- The regulator declared a 30 per cent reduction in the rate from 0.59 per minute to 0.41 per minute. These new cuts will be implemented in March of next year for two years.
- Kenya National Chamber of Commerce and Industry (KNCCI) is pushing for the establishment of a Stabilization Fund to cushion tea farmers against global economic inflation.
- The two countries have wrangled in the past but most of those spats were on political fallouts. Economically, however, they are joined at the hip making the turn of events interesting.
- Three firms contracted to supply products from the Gulf say situation would have been worse. They say claims by Raila of billions lost in underhand deals were inflammatory and misleading.
- The presidency allocated an additional Sh4.2 billion as Roads lost Sh18 billion in budget changes. The capital expenditure budget was reduced by Sh24.5 billion, committee reports shows.