Business

19 March 2025 - James leaned back on the plush leather seat of his SUV, his eyes fixed on the blinking fuel gauge. He sighed. Payday was still five days away, and his bank balance was dangerously low. Being truly wealthy means having the financial flexibility to…

19 March 2025 - MMFs have become the go-to investment option for Kenyan investors. MMFs often offer higher yields than traditional bank accounts, making them attractive to investors.Shilling MMFs are ideal for maximising returns while maintaining liquidity, while USD…

19 March 2025 - MMFs are becoming popular in Kenya due to their easy accessibility and daily returns. The CIC MMF is a low-risk investment option designed to offer capital preservation, liquidity, and inflation protection. Managed by CIC Asset Management Ltd, the…

19 March 2025 - The Retirement Benefits Authority (RBA) has proposed changes to pension laws to prevent workers from accessing their savings before turning 50, aiming to boost retirement security. Currently, employees under 50 can withdraw up to half of their pension…

19 March 2025 - In 2022, he was a well-established videographer, covering both public and exclusive events. But then, everything changed. In a tough but necessary decision, Peter sold his motorbike—the last valuable thing he owned. Fast forward three years to 2025—…

19 March 2025 - Kenya Power has warned that electricity prices could surge by up to 30% if it yields to county demands to pay wayleave charges for its distribution lines, which amount to Ksh63.8 billion—a cost likely to be passed on to consumers.

19 March 2025 - Kenya’s ambitious Ksh104.8 billion Social Health Authority (SHA) project is under intense scrutiny after Auditor General Nancy Gathungu revealed that, despite massive public investment, the government neither owns nor controls the system—with all…

19 March 2025 - That’s when I realized how highly people rate formal employment and job titles. If you do not have a job title, family increasingly finds you irrelevant - like, respect is pegged on your job title - no matter how little you actually earn. Last…

19 March 2025 - The Sanlam MMF, is a low-risk investment vehicle designed to offer capital preservation, steady returns, and liquidity. Managed by Sanlam Investments East Africa, the fund aims to provide higher returns compared to average bank fixed and call deposits…

19 March 2025 - The government has not implemented a recommendation by the Kenya National Highways Authority (KeNHA) to lower toll charges on the Nairobi Expressway, despite inflation falling and the shilling strengthening against the dollar, but the Ministry of…

19 March 2025 - The government plans to raise Ksh9.2 billion in private funding to construct 2,320 low-cost rental units in the first phase of the Athi River Affordable Housing Project, as part of a broader plan to mobilise Ksh70 billion through public-private…

19 March 2025 - The President, Deputy President, and top judges are set for a pay increase starting July, with the combined annual salary for the two top offices rising from Ksh36 million to Ksh42 million. Treasury documents also indicate that judges' salaries will…

19 March 2025 - Maintaining a positive relationship with money isn’t as easy as it sounds. One day, you’ve got KES 100,000 sitting comfortably in your bank, and before you know it, it’s all gone. It feels like a never-ending cycle. Our relationship with money is…

19 March 2025 - The draft Road Tolling Policy 2025 has entered the public participation phase - seeking to introduce road tolls to cover an annual Ksh253 billion gap in the maintenance budget. Major roads targeted for tolls include Thika Highway, the Kenol-Marua…

19 March 2025 - I’ve always been the kind of person who gets excited about Valentine’s Day - flowers, chocolates, catch a movie at a mall - all the mushy stuff. Two years back, though, I learned that expectations and reality don’t always align. I was a couple of…

19 March 2025 - The Affordable Housing Board has announced that Ksh46 billion from housing levy contributions have been invested in government securities, accounting for more than half of the total deductions collected. 

19 March 2025 - Despite the tough economic climate, several stocks on the NSE have continued to perform exceptionally well. In this article, we take a look at some of the highest returning stocks in terms of capital gains, by analysing price appreciation over the…

19 March 2025 - The Kenya Revenue Authority (KRA) is intensifying efforts to enforce the 1.5% housing levy among informal sector workers, warning that defaulters risk having their bank accounts frozen and PINs blocked. While the levy has been deducted from salaried…

19 March 2025 - The NABO Africa Money Market Fund (MMF) is a collective investment scheme regulated by the Capital Markets Authority (CMA). It is designed to provide investors with a low-risk and liquid financial solution. The fund offers competitive returns, last…

19 March 2025 - Trump's 90-day freeze on foreign aid has halted over $13 million in U.S. funding for an international security mission in Haiti, threatening efforts to combat armed gangs controlling most of Port-au-Prince. The mission, which involves nearly 900…

19 March 2025 - With Ksh50,000 a month, you have to balance your essential expenses, savings, and investments. To get started with investing, it’s important not to stretch yourself too thin. Your savings goal is important, but so is laying the groundwork for your…

19 March 2025 - MOSCOW, March 19 (Xinhua) — The EU recorded its highest level of gas imports from Russia in two years this January, purchasing a total of 1.9 billion euros (approximately 2.08 billion U.S. dollars) worth of pipeline gas and liquefied natural gas (LNG…

19 March 2025 - NAIROBI, March 19 (Xinhua) — The Kenya Tourism Board (KTB), the country’s state-owned tourism marketing body, said on Tuesday that it will tap into the growing motorsports enthusiasm in the East African region to increase visitor arrivals. The KTB…

19 March 2025 - Thousands of African locals have shared their insights on the best cities for food, ranking them based on quality, affordability, and a range of attributes, from family-friendliness to innovation.

19 March 2025 - Taxman under pressure to collect amount in wake of streak of missed targets.

18 March 2025 - Airlines worldwide are racing to secure new revenue streams through this emerging technology, which offers them a sustainable solution for navigating congested urban areas.

18 March 2025 - NAIROBI, March 18 (Xinhua) — Kenya’s active mobile phone subscriptions grew by 2 percent to reach 71.4 million as of December 2024, up from 70 million in October 2024, the country’s communications industry regulator said in a new report released on…

18 March 2025 - NAIROBI, March 18 (Xinhua) — Kenya’s active mobile phone subscriptions grew by 2 percent to reach 71.4 million as of December 2024, up from 70 million in October 2024, the country’s communications industry regulator said in a new report released on…

18 March 2025 - JOHANNESBURG, March 18 (Xinhua) — South Africa would like to use its Group of 20 (G20) presidency to promote investment in Africa’s infrastructure and productive sector, aiming to support the continent’s integration into global trade, a senior…

18 March 2025 - The dispute between KRA and the hotel began when the tax authority issued an additional tax assessment on June 23, 2021, rejecting Panari’s claim for Sh33 million in tax credits for the 2015...

18 March 2025 - By Njeri Jomo MAR 18 – When was the last time you felt unwell but chose to self-medicate instead of seeing a doctor? Did you finish the prescribed dose the last time you took antibiotics? If you’re like most people, the answer is probably no. Across…

18 March 2025 - With retirement savings being long term in nature, it is common for contributors to feel uncertain about their money, whether their fund is growing as expected, and how to track its performance.

18 March 2025 - Health experts attribute Kenya's high cancer mortality rate to weak policy implementation, a shortage of oncologists, and low rates of early detection.

18 March 2025 - Windows 10 went live in Kenya in July 2015 as part of a global release, succeeding Windows 8.1, which had been opened for retail in 2013.

18 March 2025 - Nigeria’s Trans Niger Pipeline (TNP), a key crude oil transportation route to the Bonny export terminal, has been shut down following an explosion that triggered a fire.

18 March 2025 - The pioneering, but stalled Laikipia Infrastructure Bond has been in the news lately prompting ongoing debate on social media. Young Laikipia professionals asked me about it in a Spaces forum...

18 March 2025 - Well-designed spaces don’t just look good; they reduce stress, boost productivity, and even improve employee well-being.

18 March 2025 - The Kenya Airports Authority (KAA) has signed a new service charter aimed at improving efficiency and customer experience at Jomo Kenyatta International Airport (JKIA).

18 March 2025 - Kenya has been pursuing an alternative route to preferential US market access by negotiating a strategic trade and investment partnership (Stip).

18 March 2025 - The global economic order is shifting at an unprecedented pace. Protectionism is no longer an exception but a growing norm, with multilateral trade agreements giving way to nationalist policies.

18 March 2025 - The full-year net profit is the first after back-to-back losses in at least five years, with the largest net loss having come in 2019 at Sh3.49 billion.

18 March 2025 - The Economic Community of West African States (ECOWAS) has sounded the alarm over the growing food crisis across West Africa and the Sahel, warning that without immediate intervention, millions could face acute hunger.

18 March 2025 - Within the last year, insecurity within some regions in Africa have gone as far as affecting the number 1 man in the country. President of Somalia, Hassan Sheikh Mohamud is the latest president to endure a defiant attack.

18 March 2025 - The fight for influence in Africa has never been more fierce, given that foreign forces are vying for military, political, and economic control, as well as new political ideologies emerging in certain African countries.

18 March 2025 - Some employees mix their passion with their main job, hoping that their passion will one day become their primary source of income.

18 March 2025 - The Federal High Court in Abuja has dismissed NNPCL’s attempt to block Dangote Petroleum Refinery’s N100 billion import license lawsuit, ruling that the case can proceed.

18 March 2025 - The official X (formerly Twitter) account of Ghana’s President, John Dramani Mahama, was compromised for 48 hours by cryptocurrency scammers who used the platform to promote a fraudulent project.

18 March 2025 - The timing of the proposal should be carefully considered.

18 March 2025 - The speed of AI development is leaving countries with limited digital infrastructure behind, and the gap is widening at an unprecedented rate. In Africa, there is a need for massive digital infrastructure investment that prioritizes bridging the…

18 March 2025 - For Kenya’s logistics industry to thrive in an increasingly competitive East African market, government intervention is crucial.