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NEWS & CURRENT AFFAIRS

Digital News

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Graham Kajilwa

Why most small businesses face stunted growth

Kippra executive director Dr Rose Ngugi says the failure of MSEs trading with the government denies them a ready market.

By Graham Kajilwa 1 month ago

Why most small businesses face stunted growth

Audit underway for Sh2b coffee debt write-off, says Oparanya

Audit underway for Sh2b coffee debt write-off, says Oparanya

By Graham Kajilwa 1 month ago

SIC Investment Cooperative seeks NSE listing after rebrand

SIC Investment Cooperative seeks NSE listing after rebrand

By Graham Kajilwa 1 month ago

Varying standards curtail Kenyan insurers' regional foray

Varying standards curtail Kenyan insurers' regional foray

By Graham Kajilwa 1 month ago

Report: How Kenya's weak labour market hurts economy

The Kenya Economic Report states that agriculture is a labour-intensive sector and would therefore require targeted interventions to make it more productive.

By Graham Kajilwa 1 month ago

Report: How Kenya's weak labour market hurts economy

Safaricom consortium gets Sh104b contract for digital health system

The three firms will invest in the project and recover the investment over a 10-year period starting February 2025, delivering 70,000 tablets and 5,000 laptops to public health workers.

By Graham Kajilwa 1 month ago

Safaricom consortium gets Sh104b contract for digital health system

Real estate posts high productivity as challenges hit wholesale, retail sectors

Real estate has the highest labour productivity in the services sector according to a new report even as the closure of some retail stores dented the industry.

By Graham Kajilwa 1 month ago

Real estate posts high productivity as challenges hit wholesale, retail sectors

Women-owned MSMEs to get USAID funding

Women-owned businesses are set to benefit from a Sh164 million investment from an incubation program sponsored by USAID.

By Graham Kajilwa 1 month ago

Women-owned MSMEs to get USAID funding

How RBA plans to double pension assets

The Retirements Benefits Authority (RBA) is targeting the informal sector in its new ambitious goal of Sh3.2 trillion in pension assets by 2029.

By Graham Kajilwa 1 month ago

How RBA plans to double pension assets

Manufacturing and agriculture top sectors to boost the economy

Manufacturing, agriculture, and digitisation of the informal economy are the three sectors singled out by a State think tank with the potential to boost the country's productivity.

By Graham Kajilwa 1 month ago

Manufacturing and agriculture top sectors to boost the economy

Kenya's debt sustainable despite bordering distress, says Kippra

Think tank documents public debt to be Sh10.3 trillion at the close of the 2022/23 financial year. This figure however had surpassed Sh11 trillion by January this year.

By Graham Kajilwa 1 month ago

Kenya's debt sustainable despite bordering distress, says Kippra

Sh5b Pangani housing project resumes after developer secures funding

The construction of the Pangani Affordable Housing project which had stalled for two years, has resumed after the developer managed to secure new funding.

By Graham Kajilwa 2 months ago

Sh5b Pangani housing project resumes after developer secures funding

Farmers' society board, CEO axed in Oparanya's co-operatives cleanup

The board and chief executive of Barichu Farmers' Co-operative Society have been ordered to step aside as the government continues to crack the whip on rogue Saccos and Societies.

By Graham Kajilwa 2 months ago

Farmers' society board, CEO axed in Oparanya's co-operatives cleanup

Banks entice more MSMEs to grow credit uptake

Banks and other financial institutions are aggressively customising their services to improve the appetite for credit among MSMEs that comprise the country's majority of businesses.

By Graham Kajilwa 2 months ago

Banks entice more MSMEs to grow credit uptake

Fertiliser subsidy killing private sector, report

Until 2020, the report says, Kenya's consumption of fertiliser was growing peaking at 835,000 tons that year.

By Graham Kajilwa 2 months ago

Fertiliser subsidy killing private sector, report

Most food warehouses fail to meet standards

Most warehouses for storage of farm produce are substandard, which is being blamed for increased post-harvest losses in the country.

By Graham Kajilwa 2 months ago

Most food warehouses fail to meet standards

Aggregate volumes to benefit from AfCFTA, MSMEs told

Experts emphasised the importance of MSMEs adopting formal structures and aggregating their efforts to succeed beyond Kenya's borders.

By Graham Kajilwa 2 months ago

Aggregate volumes to benefit from AfCFTA, MSMEs told

EABL seeks entire shareholding of Ugandan unit with share plan

EABL seeks to increase its shareholding in Uganda Breweries Ltd (UBL) to 100 per cent by acquiring 2,177,995 shares.

By Graham Kajilwa 2 months ago

EABL seeks entire shareholding of Ugandan unit with share plan

How developers can cut building costs amid costly materials, taxes

Economic turbulence caused by surges in taxes and the cost of commodities resulting in incomplete buildings remains one of the challenges that developers and financiers grapple with.

By Graham Kajilwa 2 months ago

How developers can cut building costs amid costly materials, taxes

Climate change: Households cut livestock herds, work hours

Cutting down the number of work hours and reducing the size of livestock are some of the new radical measures by households to cope with the effects of climate change.

By Graham Kajilwa 2 months ago

Climate change: Households cut livestock herds, work hours

Study reveals key opportunities in lower-tier bank mortgages

New research says there is still room for more home loans in the market, even as data shows a drop in the ratio of mortgages to total credit.

By Graham Kajilwa 2 months ago

Study reveals key opportunities in lower-tier bank mortgages

Why informal sector could be choking local private investments

Kenya's vast informal economy which is largely made up of micro, small and medium enterprises (MSMEs) has been cited as a source of unfair competition for mainstream firms.

By Graham Kajilwa 2 months ago

Why informal sector could be choking local private investments

Align tax regimes and standards to spur regional trade, EAC states told

The lack of agreement among EAC countries on revenue collection processes is among the reasons for the slow growth of trade in the region.

By Graham Kajilwa 2 months ago

Align tax regimes and standards to spur regional trade, EAC states told

Rising mortgage costs threaten affordability amid housing push

The size of an average mortgage loan has grown by 25 per cent over the last decade, raising concerns about affordability for low- and middle-income earners.

By Graham Kajilwa 2 months ago

Rising mortgage costs threaten affordability amid housing push

How to get your products into the American market

Kenya is among the countries in the continent that are eligible to access duty-free markets in the US through the Africa Growth Opportunity Act (Agoa) with a range of 6,400 products.

By Graham Kajilwa 2 months ago

How to get your products into the American market

Kippra: Addressing system key to unlocking continental trade

Kenya stands to benefit more from the African Continental Free Trade Area if it puts in place a national addressing system which a think tank notes will also reduce the cost of doing business.

By Graham Kajilwa 2 months ago

Kippra: Addressing system key to unlocking continental trade

Mi Vida Homes licensed as a Reits manager

Capital Markets Authority (CMA) has licensed property developer Mi Vida Homes Ltd to be a Real Estate Investment Trusts (REITs) manager.

By Graham Kajilwa 3 months ago

Mi Vida Homes licensed as a Reits manager

State to consider recognition of building managers after petition

The State Department for Public Works has agreed to have construction managers recognised in the law alongside other professionals in the building sector.

By Graham Kajilwa 3 months ago

State to consider recognition of building managers after petition

Why the informal sector has lagged in pension uptake

A small enterprise has a turnover of between Sh1 million and Sh5 million and between 10 and 50 employees.

By Graham Kajilwa 3 months ago

Why the informal sector has lagged in pension uptake

Trade body cautions against ban on imported ICT products

Developing economies have been cautioned to delicately consider the effects of imposing a ban on secondhand ICT products even as they seek to grow their manufacturing sectors.

By Graham Kajilwa 3 months ago

Trade body cautions against ban on imported ICT products

South Sudan and Somalia on the spot for delaying key trade pacts

The two countries have neither signed nor ratified the Tripartite Free Trade Area that connects the EAC economies to the different trade blocs in the continent.

By Graham Kajilwa 3 months ago

South Sudan and Somalia on the spot for delaying key trade pacts

Britam unveils pension scheme for small businesses

Britam Asset Managers Kenya has unveiled a multi-employer retirement benefits scheme targeting small medium enterprises (SMEs).

By Graham Kajilwa 3 months ago

Britam unveils pension scheme for small businesses

Low food production to trigger increased import bill for region

Close to 70 per cent of the Eastern and Southern African countries will continue to import food to meet their deficit following the increased effects of climate change.

By Graham Kajilwa 3 months ago

Low food production to trigger increased import bill for region

Spring Valley tops in land prices as Kilimani, Ongata Rongai dip

Spring Valley had the most increase in prices at 5.3 per cent. For satellite towns, Ruiru had the most increase at 4.0 per cent.

By Graham Kajilwa 3 months ago

Spring Valley tops in land prices as Kilimani, Ongata Rongai dip

Real estate developer to extend portfolio into agriculture

The 60-acre land project is dubbed Kanzi Springs and is part of the larger 300-acre master plan.

By Graham Kajilwa 3 months ago

Real estate developer to extend portfolio into agriculture

Ardhi Caucus pushes for land tenure security amid slow pace of reforms

The caucus will have representation from the Ministry of Lands as well as the National Lands Commission and the Council of Governors.

By Graham Kajilwa 3 months ago

Ardhi Caucus pushes for land tenure security amid slow pace of reforms

Family trust: How to break the founder's curse in your business

Cadbury is celebrating 200 years in business and is known for making chocolate, a product that was considered a luxury and for the elites back in the early 1900s.

By Graham Kajilwa 3 months ago

Family trust: How to break the founder's curse in your business

Technology helps banks grow deposit accounts by 30 million

The average number of deposit accounts a bank employee handles has increased to 2,495 as financial institutions rely heavily on technology to improve operational efficiencies.

By Graham Kajilwa 3 months ago

Technology helps banks grow deposit accounts by 30 million

Why developers are shunning tenant purchase scheme model

While the National Housing Policy does recognise TPS as a model that can achieve equity in housing, consumer protection is not necessarily guaranteed.

By Graham Kajilwa 3 months ago

Why developers are shunning tenant purchase scheme model

Tatu City, county row shines spotlight on planning laws

The status of Tatu City as a Special Economic Zone (SEZ) also adds to the complexity of the matter.

By Graham Kajilwa 3 months ago

Tatu City, county row shines spotlight on planning laws

Saudi firm enters Kenyan market with eyes on waterproof technology

This technology comes from Saudi Arabia where the parent company is located and manufacturing is done.

By Graham Kajilwa 3 months ago

Saudi firm enters Kenyan market with eyes on waterproof technology

Banks front low-cost housing as key to higher mortgage uptake

The Bank Supervision Annual Report 2023 reported 30,015 mortgages in the year up from 27,786 in 2022.

By Graham Kajilwa 3 months ago

Banks front low-cost housing as key to higher mortgage uptake

Tough economic times cuts SME led agency banking transactions

Transactions done by banking agents dipped with cash deposits reducing by almost 10 per cent, signalling the tough economic period that shadowed the better part of the year.

By Graham Kajilwa 3 months ago

Tough economic times cuts SME led agency banking transactions

Murkomen: The Sh700m man with a taste of the finer things of life

From expensive shoes that he revealed to cost about Sh80,000, a Sh50,000 belt, and a Sh900,000 watch; he never hid it. But while his justification made sense, it irked taxpayers.

By Graham Kajilwa 3 months ago

Murkomen: The Sh700m man with a taste of the finer things of life

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