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NEWS & CURRENT AFFAIRS

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Sofia Ali

Financial experts urge Treasury to cut expenditure to tame wage bill

Financial experts pointed out that duplicated roles within government, wastage of resources, and inefficiencies are major areas that need to be considered to reduce government expenditure.

Financial experts urge Treasury to cut expenditure to tame wage bill

Kenyan MSMEs in renewable energy to benefit from Sh500m Swedish investment

Kenyan MSMEs in renewable energy to benefit from Sh500m Swedish investment

Embracing digital trade solutions key to spur trade, EU envoys say

Embracing digital trade solutions key to spur trade, EU envoys say

Road users decry poor state of East Gate road

Road users decry poor state of East Gate road

COMESA unveils plan to transform Africa's leather industry

One of the most striking issues discussed at the event was Africa’s paradoxical position in the leather industry.

COMESA unveils plan to transform Africa's leather industry

Travel industry players call for policies to strengthen payment systems

Key players in the travel and fintech sectors have urged regulatory bodies including the CBK, KRA, and CAK to refine policies to provide a secure and inclusive digital payment ecosystem.

Travel industry players call for policies to strengthen payment systems

KDC partners with private firm to set up steam plant

Kenya Development Corporation and Timber Treatment International have unveiled a steam plant in Dandora, Nairobi, which will integrate biomass-based steam production, reducing carbon emissions.

KDC partners with private firm to set up steam plant

Safaricom startups drive makes return

Safaricom has opened applications for the second cohort of its Spark Accelerator programme.

Safaricom startups drive makes return

Old Mutual reports Sh1.3b profit in 2024

Old Mutual Group has announced a Sh1.1 billion increase in its profit after tax for the year 2024.

Old Mutual reports Sh1.3b profit in 2024

Firms partner to deliver 69-vehicle fleet for Vivo Energy

Several companies have come together to deliver a new fleet of 69 vehicles for oil marketer Vivo Energy Kenya, the distributor of Shell products.

Firms partner to deliver 69-vehicle fleet for Vivo Energy

High cost of living threatens Kenyans' retirement security - report

A new report has revealed that most Kenyans are not saving for retirement due to high cost of living.

High cost of living threatens Kenyans' retirement security - report

Stakeholders push for review of Africa's major trade pact

African leaders, traders and stakeholders have called for a review of the African Continental Free Trade Area (AfCFTA) to assess its effectiveness and make adjustments.

Stakeholders push for review of Africa's major trade pact

The women staking their claim in Kenya's creative sector

Kenya’s creative sector is growing rapidly, contributing approximately five per cent to the national Gross Domestic Product (GDP).

The women staking their claim in Kenya's creative sector

Nairobi set to host Arabika Coffee Day as country bids to boost sector

The aroma of Kenyan coffee is set to take centre stage at the Arabika Coffee Day 2025 to be held in Nairobi this week.

Nairobi set to host Arabika Coffee Day as country bids to boost sector

Kenyans urged to use social media to combat counterfeits

With counterfeit products on the rise, particularly those sold online, authorities are now urging the public to actively use social media to identify and report fake goods.

Kenyans urged to use social media to combat counterfeits

LPG distributors converge to discuss safety, expansion

Hundreds of Afrigas distributors gathered in Naivasha on Friday for the annual Afrigas Distributors Conference under the theme “Bigger, Bolder, Better Together.”

LPG distributors converge to discuss safety, expansion

Kenya Airways expands passenger fleet with acquisition of Boeing 737-800

Kenya Airways has added a Boeing 737-800 aircraft to its fleet, bringing the total number of aircraft to 35.

By 2 months ago

Kenya Airways expands passenger fleet with acquisition of Boeing 737-800

Industry boss: Local manufacturing has huge potential to boost economic growth

The government has been challenged to support local manufacturers more to spur growth and increase job opportunities.

By 2 months ago

Industry boss: Local manufacturing has huge potential to boost economic growth

NCBA to mobilise Sh30b as it launches report on SDGs impact

NCBA has committed to mobilising Sh30 billion for green and sustainable financing, planting 10 million trees by 2030, eliminating single-use plastics, by the same year.

By 2 months ago

NCBA to mobilise Sh30b as it launches report on SDGs impact

Jobs crisis set to worsen as firms freeze hiring, warns new report

KNCCI report says over 60 per cent of businesses don't plan to expand workforce this year. Government urged to streamline tax system and reconsider rising payroll costs.

By 2 months ago

Jobs crisis set to worsen as firms freeze hiring, warns new report

Kenyan exporters grapple with EU sustainability rules

Stakeholders in Kenya’s export sector have raised concerns over the ripple effects of new European Union (EU) sustainability directives on trade.

By 2 months ago

Kenyan exporters grapple with EU sustainability rules

Rare cosmic spectacle to be witnessed as six planets align

A rare planetary alignment is set to be witnessed this evening in Kenya as six major planets from the solar system which have been aligning peak in a cosmic formation.

By 2 months ago

Rare cosmic spectacle to be witnessed as six planets align

We'll reform tax system to spur businesses, Lee Kinyanjui says

emphasised the unpredictability of taxation as a major hindrance to business growth, promising to work closely with other government agencies to address the issue.

By 3 months ago

We'll reform tax system to spur businesses, Lee Kinyanjui says

Growers' lobby sounds alarm over invasions of large tea estates in Nandi

KTGA have raised concern at the Sitoi Tea Estate owned by EPK after they have suffered up to Sh30 million in monthly losses due to ongoing invasions by over 200 illegal settlers.

By 3 months ago

Growers' lobby sounds alarm over invasions of large tea estates in Nandi

Rising population, and urbanisation drive demand for affordable housing

Kenya’s housing market is facing a significant crisis, driven by rapid urbanisation and population growth.

By 3 months ago

Rising population, and urbanisation drive demand for affordable housing

Project managers push for law on certification to tackle quacks

Project Managers Institute (PMI) Kenyan Chapter is advocating for a Bill that will make certification mandatory for all project managers in the country.

By 4 months ago

Project managers push for law on certification to tackle quacks

Majority of Kenyans in poor financial health - survey

The study shows that 81.7 per cent of Kenyans are financially unhealthy, facing challenges in managing daily expenses and investing for the future.

By 4 months ago

Majority of Kenyans in poor financial health - survey

Kenya's grey list status a threat to economy, job creation, say CEOs

Increased flow of illicit funds within the country’s financial system contributed to Kenya being put on the Financial Action Task Force grey list early this year.

By 4 months ago

Kenya's grey list status a threat to economy, job creation, say CEOs

Positive narrative about Kenya will help boost tourism, says KTB boss

Kenyans have been encouraged to adopt a positive narrative about their country to bolster the tourism sector.

By 4 months ago

Positive narrative about Kenya will help boost tourism, says KTB boss

Jica-backed training drive aims to improve SME operations

Kenya Institute of Business Training and the Japan International Cooperation Agency (JICA) have partnered to improve the efficiency and sustainability of Kenyan MSMEs through training.

By 5 months ago

Jica-backed training drive aims to improve SME operations

TVETs to get Sh49 million funding for tech training

Technical and Vocational Education and Training institutions are set to receive a financial boost aimed at bridging the skills gap in the tech sector and prepare graduates for a digital future.

By 5 months ago

TVETs to get Sh49 million funding for tech training

Firms seek solutions in renewable energy to curb high cost of power

Government officials and business leaders have once again highlighted the pressing issue of high electricity costs and their adverse effects on local industries.

By 5 months ago

Firms seek solutions in renewable energy to curb high cost of power

Enact policies to regulate contract farming, urge sector players

This model has been particularly successful in sectors like tea production in Kenya, where it has improved yields and market access for farmers.

By 5 months ago

Enact policies to regulate contract farming, urge sector players

City youth take part in entrepreneurship initiative to raise financial literacy

Hundreds of youths in Nairobi County can now invest and make sound business decisions after undergoing a financial literacy course designed to foster entrepreneurship.

By 5 months ago

City youth take part in entrepreneurship initiative to raise financial literacy

Solar conference to boost Kenya as renewable energy hub

The Powerelec Kenya 2024 conference will focus on solar energy, renewable solutions, and grid flexibility and will feature an exhibition of cutting-edge technologies.

By 5 months ago

Solar conference to boost Kenya as renewable energy hub

State reviews laws to improve business operating environment

The Bills are designed to enhance the performance of the State Department for Industry through a series of key reform proposals.

By 5 months ago

State reviews laws to improve business operating environment

Calls for reforms in Kenya's insurance and pensions sector

Financial services firm Zamara has called for urgent reforms, particularly in insurance costs and retirement regulations.

By 5 months ago

Calls for reforms in Kenya's insurance and pensions sector

Germany's Bavaria State opens Nairobi office to foster trade ties

The Bavarian State government has inaugurated a representative office in Nairobi, Kenya, with the goal of strengthening economic relations between Bavaria and Africa.

By 5 months ago

Germany's Bavaria State opens Nairobi office to foster trade ties

Real estate stakeholders call for reforms to boost sector

Construction industry stakeholders are calling for policy reforms to address issues that are hindering the sector’s growth, including double taxation and the lack of a cohesive regulatory body.

By 5 months ago

Real estate stakeholders call for reforms to boost sector

Nairobi to host world trade chambers summit

Nairobi has been chosen as the host city for the World Chambers Federation Africa Summit 2025, marking a historic moment as Africa prepares to take the lead in global economic discussions.

By 6 months ago

Nairobi to host world trade chambers summit

Kenya, Ghana commit to improve trade relations

Floice Mukabana, CEO of Kenya Export Promotion and Branding Agency, said there is need for direct flights between Nairobi and Accra to further facilitate trade.

By 6 months ago

Kenya, Ghana commit to improve trade relations

State roots for maritime workers' rights, fair pay

The government has committed to safeguarding maritime workers’ rights, including fair wages.

By 7 months ago

State roots for maritime workers' rights, fair pay

NCBA splashes Sh6.5B to fortify its cybersecurity infrastructure

NCBA hosted its sacco banking division customers in a forum aimed at guiding them to strengthen their defences against the escalating wave of cyber-attacks.

By 7 months ago

NCBA splashes Sh6.5B to fortify its cybersecurity infrastructure

EU reassures Kenya on 'win-win' EPA trade deal after rollout

Kenya and European Union have renewed their commitment to the full implementation of the EU-Kenya Economic Partnership Agreement

By 7 months ago

EU reassures Kenya on 'win-win' EPA trade deal after rollout

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