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NEWS & CURRENT AFFAIRS

Digital News

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Graham Kajilwa

Boost as agency proposes halving consignment fee for local exporters

KenTrade has proposed to slash the $10 (Sh1,300) Unique Consignment Reference (UCR) fee by half to increase cross-border trade.

By Graham Kajilwa 14 hrs ago

Boost as agency proposes halving consignment fee for local exporters

Inside State's Sh3.7b fresh plan to revamp MSMEs sector

Inside State's Sh3.7b fresh plan to revamp MSMEs sector

By Graham Kajilwa 15 hrs ago

HF Group first quarter profit more than doubles to Sh327 million

HF Group first quarter profit more than doubles to Sh327 million

By Graham Kajilwa 1 day ago

State agencies pressed to raise revenue to balance 'softer' Finance Bill

State agencies pressed to raise revenue to balance 'softer' Finance Bill

By Graham Kajilwa 1 day ago

State's Sh125b headache over titanium dip

The depletion of commercially viable titanium ore reserves in Kwale County now threatens the government's ambitious plans in the mining sector.

By Graham Kajilwa 1 day ago

State's Sh125b headache over titanium dip

Kenya Power, State research firm eye battery manufacturing plant

Kenya Power is working with Kirdi on the possibility of coming up with a battery manufacturing plant, as it seeks seeks to position itself as a major player in adoption of electric vehicles.

By Graham Kajilwa 22 days ago

Kenya Power, State research firm eye battery manufacturing plant

Why firms are withholding salary increase

KAM Chief Executive Tobias Alando cites rising cost of operations, constrained consumer demand and global market uncertainties as the reasons behind the sluggish implementation of CBAs.

By Graham Kajilwa 23 days ago

Why firms are withholding salary increase

Bread, beer and cosmetics prices to rise as Nema rules take effect

Regulations are meant to make producers and brand owners responsible for the management of waste with manufacturers required to have a track and trace system.

By Graham Kajilwa 23 days ago

Bread, beer and cosmetics prices to rise as Nema rules take effect

No pay hike as Ruto directs 2024 minimum wage be implemented

The President directed the Labour CS to facilitate employees on contract to join unions as he underscored what he termed as the State's milestones.

By Graham Kajilwa 26 days ago

No pay hike as Ruto directs 2024 minimum wage be implemented

Leafy suburbs property prices drop on Trump budget cuts effect

Property prices in Juja saw the highest increase in the last year at 13.8 per cent when considering all houses, followed by Loresho at 11.7 per cent and Kiserian at 11.4 per cent.

By Graham Kajilwa 27 days ago

Leafy suburbs property prices drop on Trump budget cuts effect

Private firms sack workers as State wage bill continues to rise

Several companies have laid off workers in the last two years with a majority of them citing a difficult business environment associated with increased taxes.

By Graham Kajilwa 27 days ago

Private firms sack workers as State wage bill continues to rise

Why you are likely to lose your land to family, not fraudsters

This is considering the major method of land acquisition in the country is through inheritance, according to the Kenya Housing Basic Survey Report 2023-2024.

By Graham Kajilwa 27 days ago

Why you are likely to lose your land to family, not fraudsters

Treasury to revise Budget estimates

The initial budget estimates of Sh4.3 trillion as set out in the 2025 Budget Policy Statement will undergo substantial revisions before being tabled in Parliament.

By Graham Kajilwa 28 days ago

Treasury to revise Budget estimates

Mini-grid operators step in to bridge power needs for businesses

Some businesses, like KTDA, have developed mini-grids to supplement power from the main grid, hence cutting electricity costs.

By Graham Kajilwa 28 days ago

Mini-grid operators step in to bridge power needs for businesses

Is Kenya losing its economic power to EAC neighbours?

Kenyans have raised concerns about how the business environment is suffocating industrialisation, and that the focus has now moved to Tanzania and Uganda.

By Graham Kajilwa 29 days ago

Is Kenya losing its economic power to EAC neighbours?

Lower inflation ups consumer spending in first quarter of 2025

Higher spending among consumers has been sustained across the first quarter of the year, with the latest ILAM Consumer Spending Index showing increased volumes in purchases made.

By Graham Kajilwa 29 days ago

Lower inflation ups consumer spending in first quarter of 2025

NSSF's plan to pay pension dues in a day signals relief for retirees

The National Social Security Fund has revealed its plan to pay claims within 24 hours, placing its bet on technology, an agile workforce and cleaning up its records.

By Graham Kajilwa 1 month ago

NSSF's plan to pay pension dues in a day signals relief for retirees

Sh100m Bamburi Cement plant to ease construction

Bamburi Cement Plc, a subsidiary of Amsons Group, has launched a Sh100 million ready-mix concrete plant in Mombasa aimed at meeting the growing demand for quality concrete solutions.

By Graham Kajilwa 1 month ago

Sh100m Bamburi Cement plant to ease construction

Firms list key products with export potential

The products with low demand and export potential are chemicals, machinery and electronic equipment.

By Graham Kajilwa 1 month ago

Firms list key products with export potential

Low incomes, few houses: How high rent prices leave tenants with empty pockets

The proximity of Kajiado County to the country's capital is one of the reasons tenants are spending more than half of their incomes on rent.

By Graham Kajilwa 1 month ago

Low incomes, few houses: How high rent prices leave tenants with empty pockets

US team to jet in for talks on Trump tariffs

A delegation from the United States is expected in Nairobi next week as the country seeks a deal to scrap the 10 per cent tariff imposed on Kenyan exports by President Donald Trump.

By Graham Kajilwa 1 month ago

US team to jet in for talks on Trump tariffs

How solo entrepreneurship hinders the growth of SMEs

The problem with the small and medium enterprise (SMEs) sector, where solo-entrepreneurship thrives, especially among micro enterprises.

By Graham Kajilwa and Sofia Ali 1 month ago

How solo entrepreneurship hinders the growth of SMEs

State defends tax regime as firms mull Kenya exit

Kenya Revenue Authority (KRA) Deputy Commissioner Policy and Tax Advisory Maurice Oray noted that agricultural produce, for instance, is exempt from the VAT Act.

By Graham Kajilwa 1 month ago

State defends tax regime as firms mull Kenya exit

Role of Commissioner for Cooperatives questioned in Kuscco Sh13b saga

The role of the Commissioner for Cooperative Development in the Kuscco scandal has been questioned as affiliated societies' officials fight a directive to dismiss them from office.

By Graham Kajilwa 1 month ago

Role of Commissioner for Cooperatives questioned in Kuscco Sh13b saga

America unfazed with Chinese influence as Ruto meets Jinping

The latest invitation comes on the backdrop of tariffs imposed by Trump early in the month across 180 countries.

By Graham Kajilwa 1 month ago

America unfazed with Chinese influence as Ruto meets Jinping

Treasury PS blames ballooning debt on costly new constitution

Tresury PS Chris Kiptoo said the country's budget deficits have been widening since the adoption of the new constitution, which necessitated more borrowing.

By Graham Kajilwa 1 month ago

Treasury PS blames ballooning debt on costly new constitution

State taps new team to review Sacco laws

CS Oparanya revealed that the team will be chaired by Marlene Shiels, Chief Executive of Capital Credit Union, Scotland.

By Graham Kajilwa 1 month ago

State taps new team to review Sacco laws

Push to consolidate small pension schemes gathers pace in reforms

Industry players say this is the only way for the sector to gain economies of scale. Kenya's pension assets under management surpassed Sh2.3 trillion as of the end of December 2024.

By Graham Kajilwa 1 month ago

Push to consolidate small pension schemes gathers pace in reforms

Will new KRA system bring more landlords into the tax net?

The lack of data on the number of landlords and rental properties in the country has been cited as a major hindrance to bringing them into the tax net.

By Graham Kajilwa 1 month ago

Will new KRA system bring more landlords into the tax net?

Manufacturers seek higher loan limit in credit guarantee scheme

Manufacturers want the State CGS for small businesses to be increased by Sh15 million and the repayment period extended to eight years.

By Graham Kajilwa 1 month ago

Manufacturers seek higher loan limit in credit guarantee scheme

RBA eyes policy reforms to up contributions

Retirement Benefits Authority has set its eyes on the informal sector as it seeks policy reforms to increase contributions, amid an improved pension assets to GDP ratio.

By Graham Kajilwa 1 month ago

RBA eyes policy reforms to up contributions

NSE recovery ups pension assets under management to Sh2.3tr

Retirement Benefits Authority shows quoted equities as one of the asset classes, which has always been shunned by fund managers, seeing a revival in the year, growing by 15.6 per cent.

By Graham Kajilwa 1 month ago

NSE recovery ups pension assets under management to Sh2.3tr

Ruto vows fight back against Trump tariffs on Kenyan goods

President William Ruto has broken his silence on the 10 per cent tariff imposed on Kenyan exports to the US, asserting that the country will safeguard its interests amid the global trade war.

By Graham Kajilwa 1 month ago

Ruto vows fight back against Trump tariffs on Kenyan goods

Why tenants can't purchase their dwelling units

Majority of tenants would rather build their units - a bungalow or maisonnette - rather than purchase the unit they are renting at the moment.

By Graham Kajilwa 1 month ago

Why tenants can't purchase their dwelling units

How wrong classification of businesses hurts State planning

Wrong categorisation of businesses and the lack of a standard definition of SMEs have stood out as major challenges to the government's ability to get precise data from the private sector.

By Graham Kajilwa 1 month ago

How wrong classification of businesses hurts State planning

Jitters over Trump's 10pc tariff as data shows dip in EPZ jobs

The latest data shows 7,369 people lost their livelihoods in 2023.

By Brian Ngugi and Graham Kajilwa 1 month ago

Jitters over Trump's 10pc tariff as data shows dip in EPZ jobs

KTDA power production up 32pc on rains

A statement from KTDA said these six operational power plants generated 3.28 MKWhrs in February 2025, and 4.33 MKWhrs in March 2025.

By Graham Kajilwa 1 month ago

KTDA power production up 32pc on rains

Rains push KTDA power production by 32 per cent

KTDA Power Company Limited, a subsidiary of Kenya Tea Development Agency (KTDA), has reported a 32 per cent surge in electricity production from its operational hydropower projects.

By Graham Kajilwa 1 month ago

Rains push KTDA power production by 32 per cent

Manufacturers seek policy changes to unlock Sh15b unpaid VAT refunds

Kenya Association of Manufacturers wants the government to do away with the two per cent withholding Value Added Tax (VAT) to improve liquidity in their businesses.

By Graham Kajilwa 1 month ago

Manufacturers seek policy changes to unlock Sh15b unpaid VAT refunds

Food security at risk as State faces hiccups in fertiliser distribution

In 2024, data from the Presidency shows the government distributed seven million bags of both planting and top-dressing fertiliser.

By Graham Kajilwa 1 month ago

Food security at risk as State faces hiccups in fertiliser distribution

Lack of written tenant-landlord agreements hampers tax collection

The lack of tenancy agreements between landlords and tenants as detailed in the KHS Basic Report 2023-24 explains why this section of businesses has been a challenge for the taxman.

By Graham Kajilwa 1 month ago

Lack of written tenant-landlord agreements hampers tax collection

Edible oil processors rekindle push to scrap import duty tax

They urge the government to raise local production of crude palm oil. This as Malaysian firms seek to expand the regional market, with Kenya as their focal point.

By Graham Kajilwa 1 month ago

Edible oil processors rekindle push to scrap import duty tax

Money market funds book record returns on high interest rates

The surge in money market funds (MMFs) that offered investors double-digit returns in 2024 propelled financial services firms to record profits during the year.

By Graham Kajilwa 1 month ago

Money market funds book record returns on high interest rates

Sacco non-remittances grows as more firms face turbulence

The government is facing a challenge in dealing with non-remittances of Sacco contributions, even as the law allows the CCD to reprimand culpable employers.

By Graham Kajilwa 1 month ago

Sacco non-remittances grows as more firms face turbulence

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