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Chinese firm, NSSF inch closer to Mau Summit road contract

China Road and Bridge Corporation is inching closer to clinching the deal to construct the Rironi-Mau Summit toll road after the other firm that had bid was knocked out.

By 6 days ago

Bank powers climate agenda

Equity Bank has announced that it has cumulatively disbursed Sh26 billion to finance climate projects.

By 8 days ago

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New twist in wind power projects fight

The fight between the Energy Ministry and private power producers over the exploitation of wind energy in Northern Kenya is now spilling to the floor of the National Assembly.

By 9 days ago

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Why Kenyans should brace for higher electricity bills this month

The cost of electricity will go up for the second month in a row in October as Kenya increases reliance on power generated from thermal power plants

By 11 days ago

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Treasury's Sh100b gamble in Kenya Pipeline sale

The Kenya Pipeline Company IPO is also a two-in-one sale, with the Kenya Petroleum Refineries Ltd being part of the sale, which, to some extent, complicates the privatisation process. 

By 16 days ago

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Why cooking gas prices are high

Despite a big drop in the cost of imported cooking gas (LPG) and new players entering the market, the price of cooking gas in Kenya has remained unchanged over the past two years.

By 16 days ago

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Can Ruto's Sh13.6b Nyota youth plan shine?

Analysts are poking holes in Nyota programme, which has been criticised for duplicating existing empowerment initiatives while disbursing paltry sums unlikely to make a real impact.

By 16 days ago

Freighters lobby in Sh10b deal to digitise logistics sector

Kifwa has signed a Sh10.3 billion partnership with Capital Pay International Ltd to develop a Centralised Clearing and Forwarding Management System.

By 18 days ago

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Pay to pass:Treasury gives green light to Dongo Kundu tolling plan

The state has been mulling over tolling various roads in Kenya. The move to charge motorists using this road that has reduced congestion on the Likoni-Ferry channel will have a major impact.

By 19 days ago

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Kibaki's daughter? Mother, 98, backs claim but report links birth to another man

A separate investigation report filed in court now indicates that the mother of a woman claiming to be the daughter of former President Mwai Kibaki never mentioned him in her book

By 19 days ago

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Brace for more pain at the pump as KPC eyes higher tariff

The KPC has applied for an increase in its tariff, which, if approved, will result in a further rise in the share of taxes and levies charged to motorists at the pump. 

By 22 days ago

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How KenGen locked out bidder for its carbon credits

A seemingly small addition to a tender document (addendum) became the sticking point that saw the highest-priced bid for KenGen’s 6.38 million carbon credits kicked out in the preliminary stage.

By 23 days ago

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Why hiring by firms has hit new high

Business conditions began to recover across the Kenyan private sector for the first time since April in September. 

By 26 days ago

Kenya firms boost own power plants as national capacity falls

About half of the installed captive capacity is from solar power plants.

By 27 days ago

Thermal power use surges again

Kenya increasingly relied on thermal power plants in the 12 months ending on June this year, as electricity demand rose and authorities turned to the fossil fuel powered power plants.

By 28 days ago

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Imported electricity edges out local giants

The amount of electricity that Kenya imports from its neighbours has in the recent years surged and is now eating into the market shares of local power producers

By 29 days ago

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Rising State surveillance casts long shadow over internet firms, users

The government moves to widen its scope of digital mass surveillance, amid growing dissent and public protests.

By 1 month ago

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Silent transfer of Bomas shares to Treasury raises eyebrows

The secrecy surrounding the status of the Bomas of Kenya has taken a new turn after the National Treasury quietly assumed ownership of the cultural centre.

By 1 month ago

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Acid test for Mbadi as Kenyans brace for fresh IMF conditions

Treasury has begun a fresh round of talks with IMF following the lapse of the Extended Fund Facility and Extended Credit Facility. 

By 1 month ago

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Uber changes terms after being faulted for misleading customers

Ride-hailing firm Uber has amended its terms and conditions after a regional consumer watchdog found that it was misleading customers

By 1 month ago

Pending bills committee gets extension

The committee was mandated with vetting of pending bills, giving the government a clearer picture of what were legitimate claims and recommendations on how to clear them. 

By 1 month ago

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How trade agency cooked up plan to dish out rice tender

The Kenya National Trading Corporation is embroiled in controversy over the abrupt revocation of a tender for the duty-free importation of 250,000 metric tonnes of rice. 

By 1 month ago

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Kenyans to pay more for the electricity due to high thermal dependence

The cost of electricity will go up this month after the Energy and Petroleum Regulatory Authority (Epra) increased the fuel cost charge component of the power bill.

By 1 month ago

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Why Kenya has surrendered key transport corridor to China

The corridor is the key logistics artery that facilitates movement from Africa’s eastern seaboard through Kenya to numerous landlocked countries in the region.

By 1 month ago

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Confusion rocks Kebs over safety of another Lake Gas LPG cargo

The cooking gas industry was thrown into chaos this week after conflicting reports emerged about a five-million-kilogramme gas shipment imported by Kilifi-based Tanzanian gas firm Lake Gas. 

By 1 month ago

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How mega dam will increase Ethiopia's prominence in Kenya's power sector

Ethiopia's role in stabilising Kenya's power supply is set to expand following the completion of its Grand Ethiopian Renaissance Dam (GERD), launched Tuesday this week. 

By 1 month ago

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State seeks private funding to rekindle cheap gas project

The Energy Ministry has invited bids from firms to distribute 6kg cylinders to households in rural and peri-urban areas.The State will cater for 40 per cent of the costs.

By 1 month ago

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CoB backs new e-procurement, faults Treasury's poor rollout

Controller of Budget Margaret Nyakang’o has called for electronic procurement in government but faulted the National Treasury for poorly managing its rollout.

By 1 month ago

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Broad based CSs: ODM quartet, Mt Kenya trio and the betrayal of Gen Zs

The ODM quartet of John Mbadi, Opiyo Wandayi, Hassan Joho and Wycliffe Oparanya took over as Cabinet Secretaries one year ago.

By 1 month ago

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Road agencies and varsities top entities with high pending bills

Parastatals drawn from just four ministries accounted for more than 83 per cent of the money that State corporations owed businesses as of June this year.

By 1 month ago

Kenyan firm sues Tanzania at regional court in tax row

Match Masters has filed a case against Tanzania seeking to quash provisions in the Finance Act, 2025, imposing a higher excise duty on goods supplied by EAC member states. 

By 1 month ago

Kenya doubles down on plan to give foreign carriers more access

The government has made another attempt to further open up Kenyan skies to foreign carriers, giving them greater freedom and flexibility in flying into Kenya.

By 2 months ago

Why KQ is back down to earth

Kenya Airways (KQ) has slid back into loss-making, reporting a net loss of Sh12.15 billion for the half year to June 30 this year, from a profit of Sh513 million reported last year. 

By 2 months ago

What the money paying US lobbyists can do to improve education sector

When looked at from how much the government spends annually in the education sector, Sh22.7 million ($175,000) per month might seem negligible, a drop in the ocean.

By 2 months ago

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The making of a national power crisis

Peak in electricity demand poses challenges for Kenya, whose power production has not kept pace with the growth in demand. 

By 2 months ago

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Why tolling of Mau Summit Road is still a thorn on its expansion

Crippling traffic jams on the Nairobi-Nakuru Highway, which are increasingly becoming frequent, appear to make a case for the expansion of the road.

By 2 months ago

Why Trump is resetting Biden's-era trade talks with Kenya

Kenya and the US are set to start negotiations on a new trade agreement as the country seeks to secure billions earned in exporting goods to the US as uncertainty clouds the extension of Agoa.

By 2 months ago

Diamond Trust Bank half-year profit up 10pc

Diamond Trust Bank (DTB) Kenya has reported a 9.9 per cent jump in profit after tax for the six months to June this year, which it attributed to growth in net interest income. 

By 2 months ago

StanChart to make dividend payout despite 21pc dip in half-year earnings

Standard Chartered (StanChart) Bank Kenya has reported a 21 per drop in profit for the six months to June 30 this year.

By 2 months ago

Parliament to have say on sale of State corporations

A new Bill, aimed at easing the process of selling part of the government's shareholding in state corporations, has proposed giving Parliament powers to oversee the process.

By 2 months ago