- The main alternatives that the companies are currently exploiting include tapping solar energy, own-generated hydro-power as well as investing in wood fuel energy.
- Agriculture grew 6.7 per cent over the quarter to September 2023, compared to a negative growth of 1.3 per cent over a similar quarter last year due to the prolonged drought.
- Gains could be eroded with claims of the emergence of what some players term as a cartel-driven segment that is thriving on immature fruits, some of them stolen from farms.
- Kenya Ports Authority Managing Director Captain William Ruto said Mombasa port has been ranked the second-best facility in the continent after Tangier port in Morocco.
- Factories in Nyeri, Embu and Murang'a have increased the monthly pay from Sh21 to Sh25 for the green leaf deliveries. In Meru, only Weru factory will increase the monthly pay.
- The rate of inflation - or the general increase in the cost of goods - dropped to 6.6 per cent in December from 6.8 per cent in November, according to data by KNBS.
- Treasury told jittery investors that it had made a Sh10.8 billion "coupon" payment for the $2 billion (more than Sh312 billion) Eurobond ahead of the last international banking working day.
- Many companies were seeking new strategic direction amid a tough business environment. Some went for insiders for the top job while others hired seasoned executives externally.
- The inflation rate in Kenya dropped slightly to 6.6 per cent in December 2023, from 6.8 per cent in November 2023, according to the Kenya National Bureau of Statistics (KNBS).
- Kenya Ports Authority General Manager Dr Sudi Mwasinago said MV Bolette, belonging to Fred Olsen Cruise Lines, was due to leave for Zanzibar after an overnight stay in Mombasa.
- The lack of a limit on how much customers can borrow as personal loans is one of the factors limiting the growth of the mortgage sector, bankers say.
- Commercial Court issued new orders cancelling the impending liquidation of the giant insurer that offers cover to PSVs. The regulator had earlier this month also cancelled the firm's license.
- Investments, Trade and Industry Cabinet Secretary Rebecca Miano says her experience in the public service for the last 25 years has prepared her adequately for the enormous task ahead.
- Jumpstarting this shift will be the African Continental Free Trade Area (AfCFTA) that unites 54 markets, and which will contribute 29 per cent of the anticipated growth.
- Apple scored a victory on Wednesday when a U.S. appeals court paused a government commission's import ban on some of the company's popular Apple smartwatches
- The President of the Institute of Quantity Surveyors of Kenya (IQSK) Jeniffer Musyimi said the ongoing public discourse on the subject risks derailing the government's housing agenda.
- Deputy President says separation of licenses has removed conflict of interests. Sales at NCE rose to Sh824 million this week compared to Sh54.8 million five months ago.
- Despite the good producer prices, farmers in the North Rift feel returns from the agricultural sub-sector are not commensurate to their toil and year-long wait from their sole means of income.
- The study by AKI points out that one of the gaps in the sector include the lack of innovation. As such, there is no optimal uptake to guarantee good returns.
- Every time changes are proposed, there has always been renewed hope that farmers will earn higher justifiable pay. Most of the changes are good but the implementation has been poor.
- Understanding your target audience is similar to laying the foundation for a sturdy building. It forms the bedrock of effective marketing, brand management, public relations and communications.
- Land tenure is one of the factors that hold back small-scale farmers in arid and semi-arid lands (ASALs) from using fertiliser, according to a new study.
- The wastefulness in operations and maintenance is rampant with majority of the counties spending big on domestic travel and less on critical operations such as running county health facilities.
- Grandstanding between Azimio and Kenya Kwanza over disputed presidential polls and spiralling cost of living threatened to boil over. The business community claimed daily losses of Sh2 billion
- Supermarket chains also ordered to refund Sh16.7 million to Pwani Oil and Woodlands Ltd. Competition Authority found retailer guilty of abusing buyer power to subdue suppliers.
- Plans on to ensure the entire country is not affected whenever power goes off in one region as MPs pushed Chirchir in a tight corner demanding to know the causes of the power outages
- The agreement is the culmination of talks that started over a decade ago between the European bloc and the East African Community. There have been jitters about implementation of the pact.
- They say Parliament rubber stamps laws that increase levies without consideration of plight of citizens. AG has sought early hearing dates for cases touching on Finance Act 2023
- Regional lender EADB is claiming Sh1.5 billion from former minister as unpaid loan and interest. Politician claims judgement entered against him in a British court was flawed and biased.
- Stock prices move in response to new information that conveys signals about the risks faced by investors. There's a close relationship between the broader economy and the stock market.
- Any government service that costs Sh199 and below will cost you Sh5 service fee. Transactions costing Sh500 to Sh699 will cost Sh25 while anything above Sh1,000 will cost Sh50.
- There is no need to break the piggy bank to celebrate a foreign idea dating back to the Victorian times, but which has been hijacked by capitalist forces and people living beyond their means.
- A proposal to have Ketraco charge firms for delaying offtake of power from their grid has been fronted by Energy CS Davis Chirchir as a way of making the firm more profitable.
- The taxman has put travellers on notice that they must declare all duty-free items and business-related items or merchandise and currency worth Sh1.5 million at ports of entry.
- Extreme weather events ranging from soaring temperatures to excessive flooding as well as diminishing flora and fauna are but some of the indicators of this global crisis of our times.
- In the words of the Chairperson of the Presidential Council of Economic Advisors Dr David Ndii, Kenya's economy is not out of the woods yet, amidst a series of incidents triggering global inflation.
