- Falling interest rates have allowed the government to borrow from the domestic credit market at relatively cheaper rates easing pressure on debt servicing costs.
- Kenya’s debt has quadrupled in the last 10 years to Sh11.35 trillion (70 percent of GDP) in March from Sh2.84 trillion (49.75 percent of GDP) in June 2015 with debt repayments starving other...
- The cuts on secondary education funding include Sh3 billion spending towards capitation, a Sh2 billion cut in Junior Secondary School funding and Sh250 million cut in ICT integration projects in...
- KPC is a 100 percent owned by the government, while taxpayers control a 35 percent shareholding in Safaricom worth nearly Sh334.44 billion after selling a 25 percent stake to investors via an...
- 'Last year’s process was marked by some bit of arrogance from the National Assembly. We processed the Finance Bill without taking the views of Kenyans who were opposed to its punitive taxation...
- MTN’s shares are currently trading at 269 Ugandan shillings (Sh9.67), having gained from the 2021 initial public offering (IPO) price of 200 shillings (Sh7.19).
- Consolidated Bank has been in the red for the last 9 years with losses wiping out its core capital to negative Sh731 million at the end of December 2024.
- While still relatively underutilised in the country, M&A offers a structured path for companies to restructure debt, preserve operations, and protect stakeholder interests.
- Rocket was born from experimentation. At first, Mr Munyi created a WhatsApp group where he posted job opportunities. Then, using no-code tools, he built a basic prototype.
- Tea industry players are now calling on Kenya to engage Sudanese authorities to safeguard the livelihoods of hundreds of thousands of farmers and traders who depend on tea.
- The latest disclosures from the Controller of Budget (CoB) show that the 47 counties raised Sh45.91 billion during the period, representing a 10.9 percent jump from the Sh41.4 billion realised in...
- Energy and Petroleum Cabinet Secretary Opiyo Wandayi said the government will now ramp up the delivery of the project after a slowdown in activities over recent years.
- The journey from idea to market is therefore far from seamless. Information asymmetry, weak industry-academia linkages and lack of innovation infrastructure are among the key barriers.
- Even a modest start matters. A small savings habit builds discipline. Gradually creating an emergency fund offers protection against life's uncertainties.
- Before a permit is issued, developers, county planners and residents should have an opportunity to review, debate, and amend proposed projects through a transparent process.
- 2019 study found significant regional differences in SME access to utilities and logistics, negatively impacting competitiveness in the north and southern parts of the country
- The Kenya shilling has traded in a narrow bound range between Sh129 and Sh130 against the US dollar since July 2024 bringing a sense of stability to the exchange rate.
- CBK statistics show that private sector credit growth declined by 1.4 percent in fourth quarter of 2024, extending a trend of softening credit expansion.
- John Kiriga was dismissed in February 2020 for allegedly breaching the company’s code of conduct by falsifying and misrepresenting barley stock records, which the company claimed resulted in a...
