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Employers move to cushion against increased NSSF contributions
Converting existing provident funds into pensions is one of the ways employers are cushioning themselves against the enhanced contributions to the NSSF which are set to double this month.
By 2 days ago
Employers move to cushion against increased NSSF contributions
Police Sacco posts Sh2.6b net profit on innovation and efficiency
The Kenya Police DT Sacco has reported a revenue increase of Sh570.0 million from advancing loans to members in 2024 compared to the previous year.
By 2 days ago
Police Sacco posts Sh2.6b net profit on innovation and efficiency
Firm launches campaign to spice up tea drinking
Ketepa has unveiled a Valentine's Day campaign to have Kenyans celebrate love through the long standing tradition of tea drinking.
By 6 days ago
Firm launches campaign to spice up tea drinking
Knight Frank sees ease in office space supply as demand cools
Rental prices for office spaces may soften in the near future as landlords grapple with empty spaces due to an oversupply and reduced demand, a new report shows. 
By 7 days ago
Knight Frank sees ease in office space supply as demand cools
Will new building code help industry's sustainability?
While the National Building Code, 2024 acknowledges the emergence of new, sustainable construction methods, some industry players are concerned that it falls short of promoting their adoption.
By 7 days ago
Will new building code help industry's  sustainability?
'Side hustles are main lifeline for working class'
Almost half of employed Kenyans depend on their side hustles as the main source of living, a new survey shows, telling how stretched Kenyans’ payslips are in the wake of new taxes.
By 7 days ago
'Side hustles are main lifeline for working class'
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The disconnect between Ajira Digital Program and job market
Some of the courses offered under the government’s Ajira Digital Program may not be relevant in the job market, according to a new study.
By 8 days ago
The disconnect between Ajira Digital Program and job market
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Analysts: Shilling remains stable despite Trump's aid freeze
Foreign exchange reserves tend to be largely determined by disbursements from the IMF, World Bank and Eurobond.
By 10 days ago
Analysts: Shilling remains stable despite Trump's aid freeze
State says import levy saw creation of 16,000 jobs, 11 steel factories
The introduction of an export and investment promotion levy in the Finance Act of 2023, is said to have facilitated the reopening of 11 steel millers - further creating 16,000 jobs.
By 14 days ago
State says import levy saw creation of 16,000 jobs, 11 steel factories
Real estate workers record increased income in survey
Workers in the real estate sector are reporting the highest increase in pay in a new study, even as the majority of Kenyans face stagnated or reduced incomes in a depressed economy.
By 14 days ago
Real estate workers record increased income in survey
Purchasing managers index reveals slow start for businesses
Business conditions are improving rather sluggishly, according to the latest Stanbic Bank Kenya Purchasing Managers’ Index (PMI).
By 14 days ago
Purchasing managers index reveals slow start for businesses
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State's new plan to create 100,000 jobs in leather sector
The government plans to create up to 100,000 jobs in the leather sector, positioning it as a key industrial boost to the country’s exports as it targets Sh120 billion in revenue.
By 15 days ago
State's new plan to create 100,000 jobs in leather sector
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How the new NSSF rates will affect your pocket
The new rates taking effect this month are expected to increase member contributions from Sh2,160 to Sh4,320.This squeezes Sh2,160 more from your pocket.
By 16 days ago
How the new NSSF rates will affect your pocket
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Chorus against credit rating firms amid calls for African alternative
President William Ruto rarely minces on what he thinks of global credit rating agencies.He has insisted that Africa at large needs a credit agency that understands the continent.
By 16 days ago
Chorus against credit rating firms amid calls for African alternative
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Politics vs data: Is the economy doing well as the State claims?
The government says its strategy to improve Kenyans’ livelihoods is on the right path but various reports, however, show the mwananchi is finding it hard to make ends meet.
By 18 days ago
Politics vs data: Is the economy doing well as the State claims?
Disquiet over NSSF rates as Council of Governors issue new directives
Governors have been directed to disregard the contentious contributions to the National Social Security Fund (NSSF) in the latest showdown between the county chiefs and the fund.
By 19 days ago
Disquiet over NSSF rates as Council of Governors issue new directives
EABL toasts to 20pc half-year profit rise to Sh8.1b
East African Breweries Ltd (EABL) has announced a 20 per cent increase in profit after tax for the half year ended December 2024.
By 20 days ago
EABL toasts to 20pc half-year profit rise to Sh8.1b
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Why townhouses are selling faster than apartments
Apartments are taking longer to sell compared to townhouses and bungalows, pointing to a growing desire for privacy among homeowners, the latest data reveals.
By 21 days ago
Why townhouses are selling faster than apartments
Counties on the spot over lack of urban plans, poor development
The lack of urban plans for most town centres in Kenya has been linked to development challenges such as unregulated structures, according to a new report that lists poor planning as a top issue.
By 21 days ago
Counties on the spot over lack of urban plans, poor development
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Drivers vs taxi-hailing companies: Here is where the problem lies
Whenever you speak to online ride-hailing companies, they are usually shy to share their absolute figures on the partners they have.
By 22 days ago
Drivers vs taxi-hailing companies: Here is where the problem lies
Businesses defy tough times to record improved sales in 2024
ILAM consumer index shows over 61 per cent of businesses reported an increase in sales in quarter three of 2024, while 39 per cent noted a decrease.
By 23 days ago
Businesses defy tough times to record improved sales in 2024
Surge in high-end hotels spurs visits by foreign tourists
High-end hotels are slowly becoming a norm in Nairobi with the recent entrant of Hyatt Regency.
By 28 days ago
Surge in high-end hotels spurs visits by foreign tourists
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E-commerce now bets on rural areas to grow market
Vinod Goel, the group chief executive of Jumia, believes he has cracked the code to grow the e-commerce platform into an unrivalled firm in the region’s rural market.
By 29 days ago
E-commerce now bets on rural areas to grow market
Insurance agents' future in doubt as tech disruption hits industry
Underwriters are continually coming up with new technology-driven platforms that are allowing them to interact directly with clients; cutting out the agents.
By 1 month ago
Insurance agents' future in doubt as tech disruption hits industry
National Police, Prison Services in new plan for officers' housing
The National Police Service and the Kenya Prisons Service plan to tap into the government’s affordable housing programme.
By 1 month ago
National Police, Prison Services in new plan for officers' housing
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Why cheap credit may never come soon for the private sector
The expectation that banks will unclench their fists and extend more credit to the private sector as the new year starts due to the reduced Central Bank Rate (CBR) may not come to pass.
By 1 month ago
Why cheap credit may never come soon for the private sector
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2024: The year KRA trained its guns on paybill, till numbers
Economic advisor Moses Kueria said numbers were to be used as virtual electronic tax registers.mall businesses were poised to be the main target.
By 1 month ago
2024: The year KRA trained its guns on paybill, till numbers
State's big task to comply with EU deforestation regulations
Rules will significantly affect countries such as Kenya that are dependent on agriculture. It is estimated that EU consumption represents around 10 per cent of global deforestation.
By 1 month ago
State's big task to comply with EU deforestation regulations
State's affordable housing drive still a hard sell two years later
More than years after taking office, President William Ruto is still grappling to find the right sale pitch for his government’s affordable housing agenda.
By 1 month ago
State's affordable housing drive still a hard sell two years later
2024: Year of layoffs as businesses struggle to stay afloat
A harsh economic environment became the common phrase in redundancy notices by different companies.
By 1 month ago
2024: Year of layoffs as businesses struggle to stay afloat
Irony of lowest inflation in 17 years but Kenyans barely making ends meet
The drop in prices of commodities such as wheat flour, sugar, and cooking oil during this year has failed to offer Kenyans a reprieve in the cost of living, with many surviving on debt.
By 1 month ago
Irony of lowest inflation in 17 years but Kenyans barely making ends meet
How new KRA guidelines will impact income tax calculation
Salaried workers have been offered relief as KRA issued guidelines on how to calculate Pay As You Earn (Paye) following enactment of the Tax Laws (Amendment) Act, 2024.
By 1 month ago
How new KRA guidelines will impact income tax calculation
Planning woes as Kajiado town turns into an eyesore
How to grow Kajiado town away from the business district is one of the headaches for the Kajiado county government as the municipality battles with the mushrooming of slums amid a surge in population.
By 2 months ago
Planning woes as Kajiado town turns into an eyesore
More Kenyans shun agriculture for odd jobs and businesses
A new report shows that the majority of Kenyans’ dependence on agriculture as their main source of livelihood has dropped by 7.5 per cent in the last five years.
By 2 months ago
More Kenyans shun agriculture for odd jobs and businesses
Cost of Christmas: Highs and lows of food prices this festive season
Increase in prices has been linked to macro-economic factors and rains.There has been a drop in food prices due to favourable weather conditions.
By 2 months ago
Cost of Christmas: Highs and lows of food prices this festive season
Alcohol manufacturers oppose new waste management regulations
The alcoholic beverage sector has asked Parliament to nullify a set of new regulations that, if implemented, they claim could increase the cost of production by 70 per cent. 
By 2 months ago
Alcohol manufacturers oppose new waste management regulations
Why informal market holds key to closing Africa's housing gap
The Centre for Affordable Housing Finance (CAHF) has emphasised prioritising the informal market when determining financing models for the masses. 
By 2 months ago
Why informal market holds key to closing Africa's housing gap
Treasury moots plan to tap pension assets for mega projects
Treasury Cabinet Secretary John Mbadi has directed the formation of a team of experts to explore the possibility of the government using pension funds to invest in infrastructure projects. 
By 2 months ago
Treasury moots plan to tap pension assets for mega projects
State in Sh8b plan to double coffee farmers' earnings by 2027
New Kenya Planters Cooperative Union plans to double payments to farmers from the current Sh70 per kilo to at least Sh135 by 2027.
By 2 months ago
State in Sh8b plan to double coffee farmers' earnings by 2027
Tana River records highest own revenue growth as counties miss targets
Tana River County registered the highest growth in own source revenue, rising by 819 per cent to Sh78.5 million in the quarter ended September 30, 2024,
By 2 months ago
Tana River records highest own revenue growth as counties miss targets
More Kenyans turn to plastic surgery as demand rises
Health & Science
By David Njaaga
1 hr ago