Macharia Kamau - The Standard

×

The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.

Standard Group Plc HQ Office,
The Standard Group Center,Mombasa Road.
P.O Box 30080-00100,Nairobi, Kenya.
Telephone number: 0203222111, 0719012111
Email: [email protected]

NEWS & CURRENT AFFAIRS

Digital News

.

Macharia Kamau

KQ, exporters stare at losses amid protests over Adani deal

Firms exporting fresh produce and other time-bound cargo are staring at huge losses after planes failed to land and take off

KQ, exporters stare at losses amid protests over Adani deal

Technology firm rocks market with new last-mile internet connectivity solution

Technology firm rocks market with new last-mile internet connectivity solution

EAPCC in surprise dividend plan after sale of idle land

EAPCC in surprise dividend plan after sale of idle land

Incessant blackouts: Which way for Kenya's ageing power network?

Incessant blackouts: Which way for Kenya's ageing power network?

Falling pump prices fail to spur fuel consumption amid tough economic times

The government has been subsidising the cost of petroleum products, which has partly been among the factors driving down pump prices, but this has also been adequate to lift consumption.

Falling pump prices fail to spur fuel consumption amid tough economic times

Rironi-Mau Summit road project snatched from France by China

The Chinese are now poised to develop the Rironi-Mau Summit road, which had been awarded to a consortium of French firms

Rironi-Mau Summit road project snatched from France by China

Standard Group shareholders approve Sh1.5 billion rights issue at annual meeting

The funds are expected to strengthen the media company’s balance sheet to be able to take advantage of emerging digital growth opportunities as part of an ongoing reorganisation.

Standard Group shareholders approve Sh1.5 billion rights issue at annual meeting

Kenya bets big on nuclear as US-Africa energy talks kick-off

Kenya will in September sign a nuclear cooperation agreement with the United States that is expected to firmly set Kenya up on a path to developing nuclear energy for electricity production

Kenya bets big on nuclear as US-Africa energy talks kick-off

Inside the decade-long bruising legal battle for 14 Riverside

The project was designed to be the epitome of high-end construction but contentious dispute involving billions of shillings has seen parties embroiled in court cases, arbitrations and appeals.

Inside the decade-long bruising legal battle for 14 Riverside

State forced to ignore of court orders on taxes to raise revenue

Epra has not reviewed fuel prices, acting contrary to court orders, despite having the legal tools to review prices in case of such developments.

State forced to ignore of court orders on taxes to raise revenue

Wandayi missed chance to lower fuel prices after court order

As the CS, Mr Wandayi would have been among the first people to be briefed, even consulted, about the pump prices before they were made public.

Wandayi missed chance to lower fuel prices after court order

Workers oppose private sector players in power transmission

Workers in the energy sector have opposed the handing over of some electricity transmission lines to private sector players under the public-private partnerships (PPP).

Workers oppose private sector players in power transmission

Kenya Airways posts Sh513m profit after 10-year hiatus

Kenya Airways has been in the red for more than a decade, having last reported a half-year profit of Sh384 million in 2013.

Kenya Airways posts Sh513m profit after 10-year hiatus

Troubled Mobius finds mystery rescuer in boost to local industry

The company says an undisclosed buyer has acquired 100 per cent of the shareholding after it announced closure last week after it failed to get traction in the market.

Troubled Mobius finds mystery rescuer in boost to local industry

KenGen to spend Sh32.2 billion on new geothermal electricity plant

With the addition of 80.3 megawatts, geothermal will overtake hydro on the national grid. The firm accounts for two-thirds of Kenya’s installed electricity-generating capacity.

KenGen to spend Sh32.2 billion on new geothermal electricity plant

Kenyans get raw deal in fuel prices

Epra fails to reduce VAT on fuel despite Appeals court declaring Finance Act 2023 illegal. Halving the tax would have knocked off Sh13 a litre, obeying orders on fuel levy another Sh7

Kenyans get raw deal in fuel prices

Fuel prices remain unchanged as regulator ignores court ruling on VAT

Epra also retained value-added tax on petroleum products at 16 per cent despite the Court of Appeal ruling that the Finance Act, 2023 is unconstitutional.

Fuel prices remain unchanged as regulator ignores court ruling on VAT

KenGen eyes power storage facility to cut costly thermal

KenGen is planning to build a battery energy storage system that will store excess energy from its geothermal power plants in Olkaria to be used when demand goes up.

KenGen eyes power storage facility to cut costly thermal

Mobius Motors collapse casts doubt on the future of local auto industry

Mobius Motors may have also suffered access to capital from investors that has been drying up for companies in developing markets as investors take their money to the US.

Mobius Motors collapse casts doubt on the future of local auto industry

Higher fuel and forex charges expected to push up electricity bills this month

Electricity costs are set to go up this month following upward adjustments in fuel and foreign exchange costs.

Higher fuel and forex charges expected to push up electricity bills this month

Confusion rocks tax payment after ruling on Finance Act 2023

Federation of Kenya Employers says KRA had not adjusted its tax systems to reflect the ruling by the Court of Appeal despite the refusal by the Supreme Court to issue stay orders.

Confusion rocks tax payment after ruling on Finance Act 2023

Turkana oil project to delay further over plan review

Tullow Oil now expects to know the fate of its updated plan to develop the Lokichar oil fields by the end of December this year.

Turkana oil project to delay further over plan review

Inside plan to split Kenya Railways and rope in private players

The government plans to open up Kenya’s railway network to different operators and at the same time split Kenya Railways into two entities.

Inside plan to split Kenya Railways and rope in private players

Finance Bill 2024: Why Kenyans may not be off the hook just yet

The government could still explore ways of introducing new or additional taxes, levies, and fees through the review of other laws.

Finance Bill 2024: Why Kenyans may not be off the hook just yet

Tough options for Ruto after court blow to Finance Act 2023

State argues that it stands to lose Sh164 billion in tax revenues should Act be scrapped. Court decision means cheaper petroleum products, while PAYE for top earners would reduce.

Tough options for Ruto after court blow to Finance Act 2023

Nyama Mama: Restaurant's rise, legal battles and uncertain future

Started in 2015, the eatery quickly expanded with its popular contemporary twist on traditional Kenyan dishes before a heavy hit from Covid-19 that led to difficulties in meeting debt obligations.

Nyama Mama: Restaurant's rise, legal battles and uncertain future

More headache for Treasury after court finds 2023 Budget unlawful

The government might have to further cut down its spending after the Court of Appeal declared the Finance Act 2023, unconstitutional.

More headache for Treasury after court finds 2023 Budget unlawful

Tender controversy hits Westlands NG-CDF school projects

Chaos erupted at the Westlands Constituency Development Fund (CDF) office on Wednesday as contractors raised concerns over the dilution of tender requirements.

Tender controversy hits Westlands NG-CDF school projects

Opiyo Wandayi faces energy sector cartels he blamed for high cost of power

Wandayi who has been nominated for the post of CS Energy and Petroleum in March last year said in Parliament that the problem with Kenya’s energy sector is that it is infested by cartels.

Opiyo Wandayi faces energy sector cartels he blamed for high cost of power

TotalEnergies targets low income households with metred gas cylinders

The firm has partnered with M-Gas, which will provide pay-as-you-cook smart metres installed on TotalEnergies’ LPG cylinders

TotalEnergies targets low income households with metred gas cylinders

Kenya and Uganda ready to build the Eldoret-Kampala oil pipeline

Senior officials from the two countries held talks last week, setting the stage for the pipeline that is expected to ensure the supply and security of petroleum products in Uganda.

Kenya and Uganda ready to build the Eldoret-Kampala oil pipeline

Kenya allows Uganda dairy imports amid claims of exclusion

Kenya has started allowing dairy products from Uganda to access the local market but authorities are now being accused of being selective in issuing permits to milk processors.

Kenya allows Uganda dairy imports amid claims of exclusion

Bamburi's major shareholders agree to sell to Tanzania bidder

A Tanzanian conglomerate that has bid to acquire Bamburi Cement has received backing from the major shareholders of the Kenyan cement firm.

Bamburi's major shareholders agree to sell to Tanzania bidder

Kenya Railways moots plan for Sh8b Riruta-Ngong commuter railway

KRC said the project aims at addressing transportation challenges experienced by commuters from Ngong to Nairobi’s Central Business District (CBD).

Kenya Railways moots plan for Sh8b Riruta-Ngong commuter railway

Development hard hit as State reduces spending by Sh122b

Treasury has prepared new budget to cater for expected revenue shortfalls.

Development hard hit as State reduces spending by Sh122b

Budget headwinds leave Sh260b funding hole for airports

The government recently disclosed that State-owned airports across the country face a Sh260 billion (Sh2 billion) financing hole to bring their operations up to date.

Budget headwinds leave Sh260b funding hole for airports

Pipeline tariff hike hands KPC extra Sh1b revenue

A recent increase in the pipeline tariff is expected to generate an additional Sh1 billion in revenues for the Kenya Pipeline Company (KPC) over the current financial year.

Pipeline tariff hike hands KPC extra Sh1b revenue

North Eastern SMEs get Sh885m project funding

The project has created over 13,000 direct jobs in diverse sectors, including horticulture and agro-processing, fisheries and aquaculture, livestock, and dairy.

North Eastern SMEs get Sh885m project funding

Kenyan firms double investments in the region on market optimism

The move is attributed to the expanded trading bloc and the opening up of Ethiopia.

Kenyan firms double investments in the region on market optimism

Gen Z push forces SRC to freeze pay hikes for all civil servants

Commission bows to pressure, cites a stretched budget for 2024/2025 FY.

Gen Z push forces SRC to freeze pay hikes for all civil servants

Mining sector reforms fall flat as licence issuance stalls

The local mining industry holds immense potential, but its performance has over the years been underwhelming.

Mining sector reforms fall flat as licence issuance stalls

Road levy hike sets Ruto up for fight with Gen Z on cost of living

The government has gone back on its word that it would not hike the road maintenance and increased it by Sh7 per litre of diesel and super petrol.

Road levy hike sets Ruto up for fight with Gen Z on cost of living

Economists welcome Ruto's purge but want more done to ease cost of living

Analyst say the President should now focus on fighting corruption and improve service delivery. The impact of the move in the economy could be seen in the coming weeks and months.

By 2 months ago

Economists welcome Ruto's purge but want more done to ease cost of living

Fuel pump prices to go up as State lines up hike in road levy

Transport Ministry has proposed a Sh7 rise from Sh18 to Sh25 per litre of petrol and diesel.

By 2 months ago

Fuel pump prices to go up as State lines up hike in road levy

.

Latest Stories

Zimbabwe to cull 200 elephants amid food shortages

Zimbabwe to cull 200 elephants amid food shortages

Africa

By AFP

3 hrs ago

Kenya signs labour mobility deal with Germany

Kenya signs labour mobility deal with Germany

National

By PCS

3 hrs ago

Adani and his Kenyan deals uncovered

Adani and his Kenyan deals uncovered

National

By Edwin Nyarangi

3 hrs ago

Adani's rise and controversies: A tale of ambition and shadows

Premium Adani's rise and controversies: A tale of ambition and shadows

National

By Benjamin Imende

3 hrs ago

For two years, President Ruto has been fighting one fire after another

For two years, President Ruto has been fighting one fire after another

Politics

By Brian Otieno

3 hrs ago

The return of killer squads, extrajudicial killings and abductions

Premium The return of killer squads, extrajudicial killings and abductions

National

By Francis Ontomwa

3 hrs ago

Masengeli sorry for missing court summons, says he was 'busy'

Masengeli sorry for missing court summons, says he was 'busy'

National

By Nancy Gitonga

3 hrs ago

Gachagua should cut ties with Ruto before it's too late

Premium Gachagua should cut ties with Ruto before it's too late

Michael Ndonye

By Michael Ndonye

3 hrs ago