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NEWS & CURRENT AFFAIRS

Digital News

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Macharia Kamau

Tanzania seeks nod to import Ethiopian electricity through Kenya

Tanzania has sought approval from local energy authorities for the import of electricity from Ethiopia using the Kenyan power grid.

Tanzania seeks nod to import Ethiopian electricity through Kenya

How skills training, mentorship are helping unlock SMEs potential

How skills training, mentorship are helping unlock SMEs potential

State's appetite for short-term loans grows by 18.6pc

State's appetite for short-term loans grows by 18.6pc

Loans: Banks fail self-regulation test

Loans: Banks fail self-regulation test

Reality check: Treasury cuts KRA cash target as economic slump bites

Treasury Cabinet Secretary John Mbadi said the reduced revenue targets consider the current economic situation.

Reality check: Treasury cuts KRA cash target as economic slump bites

Parliamentary budget think tank wants fuel subsidy cash used for power connections

The Parliamentary Budget Office wants money collected from motorists through the Petroleum Development Levy to finance electricity connections in off-grid areas.

Parliamentary budget think tank wants fuel subsidy cash used for power connections

Cost of living: Mbadi defends policy stance

The National Treasury on Thursday defended government policies that it said have had the effect of putting money in the pockets of Kenyans.

Cost of living: Mbadi defends policy stance

Budget lobby wants fuel levy to fund electricity connections

The parliamentary think tank has recommended that 30 per cent of the funds collected through the PDL be allocated to the expansion of electricity infrastructure in rural areas.

Budget lobby wants fuel levy to fund electricity connections

Treasury raises spending by Sh199.9 billion in mini Budget

The government plans to increase its spending for the current FY by an additional Sh344.8 billion, eroding the budget cuts that it had made last August as it sought to reduce spending.

Treasury raises spending by Sh199.9 billion in mini Budget

The true impact of pending bills on businesses, economy

In different polls, firms have cited different factors, including high taxes, poor infrastructure, and high cost of electricity as among the factors that have made it difficult to operate in Kenya.

The true impact of pending bills on businesses, economy

Why KQ and Airtel are on watchdog's radar over consumer rights violations

The Comesa Competition Commission has in recent weeks said it will probe Airtel and Kenya Airways for what it said was unconscionable conduct when dealing with customers.

Why KQ and Airtel are on watchdog's radar over consumer rights violations

Truckers face mandatory use of planned Sh352b Mombasa-Nairobi Expressway

Heavy commercial vehicles could be compelled to use the planned Nairobi–Mombasa Expressway, where motorists will have to pay tolls to use the road.

Truckers face mandatory use of planned Sh352b Mombasa-Nairobi Expressway

Suez Canal disruptions cost Kenyan fresh produce exporters

The time it takes for fresh produce from Kenya to be exported to Europe by sea has gone up significantly due to the logistical challenges shippers face following the Suez Canal's blockage.

Suez Canal disruptions cost Kenyan fresh produce exporters

Epra, Kebs say local petroleum meets required standards

Kebs and Epra have said fuel sold in the country is of the highest quality, following recent concerns about some petroleum products including Shell V-Power.

Epra, Kebs say local petroleum meets required standards

Freeze on power purchase deals sparks fresh fears of rationing

Kenya Power warns rising peak demand, which stood at 2,304MW mid-January, unsustainable with no new plants coming into the pipeline in the last two years.

Freeze on power purchase deals sparks fresh fears of rationing

Why Kenya Power-Ketraco Sh20b assets transfer deal may be off

The plans to transfer some of Kenya Power’s assets to the Kenya Electricity Transmission Company (Ketraco) may have been overtaken by events and may no longer be necessary.

Why Kenya Power-Ketraco Sh20b assets transfer deal may be off

Kiharu MP Ndindi Nyoro set to pocket Sh16.7 million in KPLC dividends

KPLC grew profitability 30 times in six months to December 2024, allowing it to pay its first interim Sh390 million dividend in nine years.

Kiharu MP Ndindi Nyoro set to pocket Sh16.7 million in KPLC dividends

Kenya to lose tax revenue from US giant companies

The National Treasury could face a dilemma in implementing some of the taxes introduced late last December by the Tax Laws Amendment Act.

Kenya to lose tax revenue from US giant companies

Gulf of death: Saudi deaths double, casting long shadow on State jobs drive

Reported deaths grew 10% in 2023 to 29 in 2023, up from 13 in 2022.The Gulf nation, one of the countries that have bilateral labour agreements

Gulf of death: Saudi deaths double, casting long shadow on State jobs drive

Devolution scorecard: The sectors driving counties

Nairobi was the biggest contributor to Kenya's economy, thanks to its diversified economy, with manufacturing among the key sectors.

Devolution scorecard: The sectors driving counties

Households defy rising gas prices as consumption surges

The usage of cooking gas among Kenyan households increased 15% over 10 months to October last year to 341,340 metric tonnes from 296,840 tonnes over a similar period in 2023.

Households defy rising gas prices as consumption surges

Local ISPs now feel the heat as Starlink doubles market share

New industry data shows the firm commanded a 1.1 per cent share of the fixed data market as of September last year, up from 0.5 per cent in June.

Local ISPs now feel the heat as Starlink doubles market share

How new Trump order on foreign assistance will hit your pocket

The US disburses billions of shillings to Kenya annually through agencies and direct to government. Agoa which allows countries to export goods to US will also be affected.

How new Trump order on foreign assistance will hit your pocket

Kenya's mining risks hitting rock bottom amid declining trend

Kenya’s mining sector has been on the decline over the last two years, casting doubt as to whether it will ever live up to the hype.

Kenya's mining risks hitting rock bottom amid declining trend

New KRA boss Muriithi wants outdated annual Finance Bill scrapped

Muriithi says the practice of having new tax measures every year makes it difficult for businesses to plan as experts want KRA to expand the tax base rather than increase the burden.

New KRA boss Muriithi wants outdated annual Finance Bill scrapped

Directline insurance moves to repair image amid shareholder wrangles

Directline Assurance is making efforts to repair its dented image following recent shareholder wrangles that have threatened to disrupt its business.

Directline insurance moves to repair image amid shareholder wrangles

Mbadi proposes more taxes to finance Sh4.3tr maiden budget

Kenyans should brace themselves for higher taxes in the next financial year with the government seeking to increase the revenue collection target, which is expected to finance an expanded budget.

Mbadi proposes more taxes to finance Sh4.3tr maiden budget

Fuel pump prices edge up for the first time in 14 months

For the first time in more than a year, the government has hiked the retail cost of fuel.

Fuel pump prices edge up for the first time in 14 months

Nairobians' income nearly triple national average as Lamu's rises

New data shows Gross County Product (GCP) per capita an indicator of the average income of county residents stood at Sh802,344 in 2023. The per capita GCP for Lamu has grown

Nairobians' income nearly triple national average as Lamu's rises

Lights finally dim on 'father of electricity' Hindpal Jabbal

Kenya’s energy sector is mourning the death of Hindpal Singh Jabbal, who worked in the sector for more than five decades.

Lights finally dim on 'father of electricity' Hindpal Jabbal

Directline settles Sh2.8b in claims amid wrangles

Directline Assurance Company paid claims of Sh2.88 billion last year with close to a tenth of the money being released in December.

Directline settles Sh2.8b in claims amid wrangles

Tax Laws Act ushers in new era for pensions sector

The retirement benefits sector has been tipped to benefit from the new Tax Laws (Amendment) Act.

Tax Laws Act ushers in new era for pensions sector

Businesses remain wary despite increased consumer spending

Confidence in the Kenyan economy among companies remained weak in December, with a majority of business leaders shelving plans to expand operations in the New Year.

Businesses remain wary despite increased consumer spending

What State needs to do for power prices to drop

Submissions to Parliament’s Energy Committee call for reduction of taxes and levies. Replacement of aged infrastructure and curbing theft could also reduce system losses.

What State needs to do for power prices to drop

Impact of Finance Bill withdrawal hits State revenues

Different national government agencies forced to scale down spending or put off new projects amid a debilitating revenue shortfall.

Impact of Finance Bill withdrawal hits State revenues

End of an era as Mastermind Tobacco to go under the hammer

Assets owned by Mastermind Tobacco are set to be auctioned in January in what could mark the end of an era for the tobacco manufacturer.

End of an era as Mastermind Tobacco to go under the hammer

Questions over power stability as country is plunged into darkness

Kenya once again experienced a crippling electricity outage, causing untold losses to individual power users, business and critical institutions including health facilities.

By 2 months ago

Questions over power stability as country is plunged into darkness

State extends fuel import deal with Middle East oil firms

The government has extended the controversial oil import deal it had signed with three Middle Eastern oil companies.

By 2 months ago

State extends fuel import deal with Middle East oil firms

KRA recovers Sh549 million from corrupt staff, sends 25 packing

An internal purge by the KRA has enabled the revenue collection agency to recover more than Sh500 million that its staff had acquired through corruption.

By 2 months ago

KRA recovers Sh549 million from corrupt staff, sends 25 packing

Why you will pay more for electricity following EPRA's review

The cost of electricity is set to go up this month following a hike in the foreign exchange component of the electricity bill.

By 2 months ago

Why you will pay more for electricity following EPRA's review

Uganda, Rwanda seek extension of oil pipeline from Eldoret depot

Uganda, Rwanda and South Sudan have revived plans to construct a refined petroleum products pipeline from Eldoret through Kampala to Kigali.

By 2 months ago

Uganda, Rwanda seek extension of oil pipeline from Eldoret depot

Livestock jab to be administered every 6 months for 3 years

The controversial livestock vaccination programme will be undertaken over three years, after which Kenya expects to be free from foot and mouth disease.

By 2 months ago

Livestock jab to be administered every 6 months for 3 years

Will new law end consumer exploitation by 'shylocks'?

Companies advancing exorbitantly priced loans to Kenyans and using crude recovery methods will now have to reconsider their mode of operations after coming under the purview of CBK.

By 2 months ago

Will new law end consumer exploitation by 'shylocks'?

Slight relief for Kenyans as fuel prices drop

Kenyans have got a slight relief for the festive season after the prices of fuel came down Saturday in the monthly pricing guidelines.

By 2 months ago

Slight relief for Kenyans as fuel prices drop

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