- Founded back in the 1980s, Kega Fashions is feeling the heat of the weak shilling and the rising cost of raw materials as well as competition from Mitumba business.
- Dr Koech shapes monetary policy and oversees currency, banking services. In this role, she ensures the stability and integrity of the nation's financial system.
- New regulations are aimed at opening up distribution and retail of electricity. Epra is however undertaking a public participation exercise on the same issue this week.
- Over 100 industrial ventures have closed shop in Nakuru over the past 30 years. Shortage of raw material, influx of cheap imports, high cost of electricity and taxes blamed.
- PSRA Chief Executive Officer Fazul Mohamed said that the blacklisted companies had breached four regulations as guided by the Private Security Regulation Act No. 13 of 2016.
- 40 per cent of the unsold produce is 24 months old in the warehouses. Factories are now seeking a direct sale window to offload the produce at the current market rates.
- Farming is encouraged as a source of income through planting crops that can be traded internationally, rather than as a source of food for subsistence.
- There have been instances where a few large players in a sector have formed cartel-like coalitions that collude to keep retail prices high locking out other players.
- Unit exchanged at an average of Sh143.5182 against the dollar on Friday. Development elevates newfound hopes of ending a currency crisis involving a steep decline in value.
- Kenya is keen on mainstreaming energy efficiency away from the sustainable energy talk that has resulted in energy efficiency becoming a forgotten issue.
- Parliament haS invited the DCI to investigate the Sh6.3 billion maize flour subsidy programme initiated under the reign of former President Uhuru Kenyatta.
- Last year, the farmers incurred losses estimated at billions of shillings after they resorted to hawking the produce at less than Sh30 per kilogramme.
- Once ratified and entered into force, Kenya will receive duty-free and quota-free access to the EU, its biggest market where it sends roughly one-fifth of all its exports.
- Kenya's tea industry holds immense potential not only as a significant contributor to the economy, but also as a catalyst for positive change in employees, smallholder farmers and industry players.
- Night-time construction is one of the key safety hazards identified by players in the built industry, who recently met to deliberate on ways to improve health and safety standards in the sector.
- Parliamentary Budget Office wants State to set aside Sh150 billion kitty each financial year to settle pending bills for the next five years. Treasury CS says verification to be completed in March.
- February inflation rate drops to 6.3 percent from 6.9 percent in January; KNBS says prices in commodities such as housing, water and electricity decreased by 0.8 percent.
- Ships in countries in the Eastern, Southern and Northern Africa region will be registered under one standardised platform if a new policy that seeks the creation of that platform is adopted.
- Coffee auction activities increased this week at the Nairobi Coffee Exchange (NCE) following the delivery of 30,162 bags of the commodity for the market.
