Business

05 September 2024 - Financial independence isn't just a goal—it's a necessity, especially for women. Whether it’s avoiding the potential pitfalls of divorce, coping with the loss of a partner, or ensuring a peaceful and self-sufficient retirement without depending on…

05 September 2024 - The pressure was getting worse. Every month someone had something to say about where I should and shouldn’t keep my salary and most times it ended up in everyone's pockets but mine. 

05 September 2024 - The Cabinet Secretary for Treasury John Mbadi has announced that the government is unable to hire 20,000 Junior Secondary School (JSS) teachers on a permanent and pensionable basis in the current financial year, as anticipated. 

05 September 2024 - The Teachers Service Commission (TSC), on Wednesday, August 21,announced that the government had provided funds for implementation of the second phase of an increase on teachers’ salaries.

05 September 2024 - The Central Bank of Kenya (CBK) will spend Ksh14 billion to print new currency notes through a German printing firm, G+D. CBK Governor told Parliament that the move to print new currency notes was informed by a pending shortage of bank notes that…

05 September 2024 - My cousin wanted to throw a party for her son’s first birthday and the group was for us to contribute. Is it just me or was this quite ridiculous? Surely the harambee spirit has not gotten here. Supporting family is important, but I now reckon the…

05 September 2024 - Students who believe they've been placed in the wrong funding model band can appeal for a change through a Ministry of Education portal, according to Education CS Julius Migos. Migos promised that the Ministry was working very hard to re-band any…

05 September 2024 - The National Social Security Fund (NSSF) has advertised 131 job vacancies in various fields. NSSF stated that for these positions, it provides a competitive salary, a thorough benefits package, and opportunities for professional development in…

05 September 2024 - Following President William Ruto's recent directive, public universities were instructed to withdraw the admission letters previously sent to incoming students and issue new ones that outline the financial contributions families are expected to…

05 September 2024 - The Public Service Commission (PSC) is restricting salary advances for civil servants, setting a maximum limit of one month's salary. A draft policy created by the Public Service Commission, specifies that an accounting officer may approve a…

05 September 2024 - Learn from his financial mistake: Discover why taking a loan against his car turned into a nightmare. Our writer shares the hard lessons learned, hidden fees, and the impact of not fully understanding loan terms. Don't make the same mistake—get…

05 September 2024 - Most of the money was lost by creating fictitious loans to non-existent members. The loans advanced are reported to have been withdrawn by Sacco officials who have since been removed from office. 

05 September 2024 - The Energy and Petroleum Regulatory Authority (EPRA) has released the fuel prices. The authority added that the 16% VAT on fuel would remain, raising questions on how the government responded to a Court of Appeal ruling that nullified some…

05 September 2024 - A new bill has been proposed in Parliament that aims to give public servants the freedom to transfer their earned pension benefits from the Public Service Superannuation Fund (PSSF) to a retirement plan of their choice upon exiting public service.

05 September 2024 - “I want to work with farmers at the farm level”, is what I told the CEO when he asked why I’d handed in my resignation. I was a Public Relations officer. It was a dream job in many ways. When an opportunity to go to Israel for an 11-month…

05 September 2024 - The Public Service Commission (PSC) on Tuesday, August 13 advertised internship opportunities for interested and qualified Kenyans who upon being successful will be posted to various Ministries, Departments and Agencies. Interested candidates to…

05 September 2024 - The Kenya National Highways Authority (KeNHA) has announced its plan to introduce tolls on six major highways, including the heavily trafficked Thika Road. This move is part of a broader strategy to fund road development and maintenance through…

05 September 2024 - The government is set to bring back some clauses that were contained in the Finance Bill of 2024 which was last month withdrawn via an order from President William Ruto. Treasury CS John Mbadi announced that the introduction of some of the laws…

05 September 2024 - Kenyans will now pay more for electricity after an announcement by the Energy and Petroleum and Regulatory Authority (EPRA) that saw an increase in the fuel cost charge and the forex fluctuation charge. In other news, KRA has been urged to clarify…

05 September 2024 - They say love is blind and every time I remember what my money went through in the name of love I can’t help but cringe. Learn from my experience of moving in with my boyfriend as I share insights on the importance of financial independence, open…

05 September 2024 - Police officers dealt with small groups of protestors who tried to march through several important city streets by mid-morning. Police set up barricades on all main roads, limiting access to Nairobi's downtown area and ejected traders and public…

05 September 2024 - Lang’at skipped the swearing in ceremony held at State House and presided over by Head of Public Service Felix Koskei and witnessed by President Ruto. As the State House swearing in ceremony was going on, anti-government protests, dubbed #NaneNane…

05 September 2024 - The Central Bank of Kenya (CBK) has announced significant changes to the country's banknotes, marking the first major update since the new currency was introduced in 2019. The changes will begin with the release of the Ksh.1,000 note, with other…

05 September 2024 - The State Department for Social Protection and Senior Citizen Affairs has announced that it is recruiting 1,495 Kenyans who will serve as enumerators and enumerator supervisors offering up to Ksh2,300 daily. Application is online up to August 26,…

05 September 2024 - A recent Auditor General's report questioned the financial viability of Kenya's affordable housing program, revealing over 10,000 unoccupied homes. Despite this, State House clarified that these houses were built before President Ruto's tenure,…

05 September 2024 - When my brother missed a hostel slot in Nairobi, it led to a good investment decision. Discover how I turned this challenge to an opportunity by investing in Kenya's premier I-REITs as I discovered that ASA I-REITs operated the biggest brands in…

05 September 2024 - Discover the advantages of precast construction—a method that designs and produces building components in a factory before on-site assembly. This approach accelerates construction, enhances quality, and reduces costs. Learn how precast technology…

05 September 2024 - Reflect on your 2024 financial resolutions and get back on track with our comprehensive guide. Learn how to revise your budget, review financial goals, assess your current situation, boost income, automate savings, and stay accountable to achieve…

05 September 2024 - Court of Appeal declares Finance Act 2023 unconstitutional, null, and void, reverting tax laws to Finance Act 2022 provisions. Key impacts include changes to VAT, income tax rates, and withholding tax deadlines. The decision leaves the government…

05 September 2024 - Understand the key traffic laws and penalties for major offences on Kenyan roads, including overspeeding, driving under the influence, and reckless driving. Learn your rights and responsibilities as a driver to ensure safety and compliance with…

05 September 2024 - Nominee for Cabinet Secretary in the Ministry of Interior was the first one to give the National Assembly’s Committee on Appointments a breakdown of his wealth. He placed his net worth at Ksh694 million.

05 September 2024 - Audit report on the Kenya Revenue Authority (KRA) for alleged recruitment irregularities. The report reveals issues with KRA's e-procurement system, including recruitment of candidates with grades below the required D+, duplicate records, and…

05 September 2024 - Here are the essential types of accounts in Kenyan Savings and Credit Cooperatives (SACCOS) that impact your savings and loan access. Learn about the Shareholder Account, Savings Account, and Current Account, their features, advantages, and how to…

05 September 2024 - Considering moving in with your partner? Discover essential financial tips to ensure a smooth transition, from budgeting and income disparity to financial compatibility and trust. Learn how to communicate effectively about money, align financial…

05 September 2024 - The Central Bank of Kenya (CBK) has launched two new infrastructure bonds aiming to raise Ksh50 billion for 2024/2025 projects. Sales run from July 25 to August 14, with an auction on August 14. Minimum investment is Ksh50,000, and trading starts…

05 September 2024 - Here is my journey from quitting a well-paying job in a remote village to seeking success in Nairobi. Challenges and lessons learned about the realities of city life versus village life, and why sometimes, the grass isn't always greener on the…

05 September 2024 - Discover the driving habits that are increasing your car's fuel consumption and costing you more at the pump. Learn how aggressive driving, speeding, idling, poor vehicle maintenance, and more can impact your fuel efficiency. Get practical tips to…

05 September 2024 - President William Ruto's newly nominated Cabinet as of July 2024. The second round of nominations includes a mix of returning members and opposition politicians. Read the full list of nominees, the roles they've been assigned, and the changes in…

05 September 2024 - Learn how successful entrepreneurs separate personal and business finances to avoid financial setbacks. Discover practical tips and strategies, including paying yourself a salary, using separate bank accounts, maintaining an emergency fund,…

05 September 2024 - The government, through Prime Cabinet Secretary Musalia Mudavadi has responded to reports of an alleged sale of the Jomo Kenyatta International Airport (JKIA). Demonstrators, under the hashtag #OccupyJKIA, have sought to pressure President William…

05 September 2024 - Explore the causes, symptoms, and effects of burnout—a psychological disorder rooted in chronic work stress. Learn how to identify who is most at risk and discover strategies to combat burnout, maintain work-life balance, and improve your well-…

05 September 2024 - State House has requested Parliament to re-assign it Ksh597 million for compensating staff from the now-scrapped Office of the First Lady. In total, State House asked Parliament to re-allocate an extra Ksh1.7 billion after the budget cuts that…

05 September 2024 - The Teachers Service Commission (TSC) has announced the cancellation of the 9.5% salary increase for teachers scheduled for July 2024, due to a KSh10 billion budget cut following the fall of the Finance Bill 2024. TSC CEO Nancy Macharia stated…

05 September 2024 - KenGen to Build 42.5MW Solar Power Plant Near Seven Forks Dams. The project, in partnership with the French Development Agency, will enhance renewable energy in Kenya, providing affordable and reliable electricity, and addressing climate change.…

05 September 2024 - Dismissed Cabinet Secretaries will receive Ksh2.45 million each following President William Ruto's cabinet dissolution. According to SRC regulations, the gratuity is 31% of their basic salary per year, subject to a 30% tax. Collectively, they will…

05 September 2024 - TOKYO, Sept. 5 (Xinhua) — Toyota Motor Corp. said Thursday it has resumed production of the three models that had been affected by a recent vehicle testing scandal. Production of the Corolla Fielder, Corolla Axio and Yaris Cross restarted on…

05 September 2024 - NAIROBI, Kenya, Sep 5 – Kenya Revenue Authority (KRA) has won a tax claim against M-Pesa Foundation amounting to Sh6.5 million. This comes after the Tax Appeals Tribunal dismissed an appeal by the M-Pesa Foundation, a charitable arm of Safaricom,…

05 September 2024 - The government had touted the CAIPs as the crucial link between agriculture and manufacturing sectors.

05 September 2024 - NAIROBI, Kenya Sept 5 – The National Police Service Commission (NPSC) has increased the basic salaries of police constables at entry level by Sh 4,000 from Sh 21,645 to Sh25,645. The Commission chairperson, Eliud Kinuthia, said on Thursday the…

05 September 2024 - KRA documents show that slightly more than 1.06 million people applied for the partial tax pardon during the 10-month window.