Premium

Sectional titles' push and pull that is frustrating home owners

What began as a dream to own a slice of prime property on Nairobi's coveted Riverside Drive in 2020 has degenerated into a frustrating nightmare.

By Macharia Kamau 1 month ago

Ruto: KPC set for September listing at bourse in State firms sale plan

President William Ruto expects the Cabinet to approve the planned listing of Kenya Pipeline Company by the end of July and the Initial Public Offering (IPO) to open in September.

By Macharia Kamau 1 month ago

Gulf Energy's affiliate inches closer to oil project takeover

London-listed Tullow Oil has formally signed a deal to sell its entire Kenyan assets to Auron Energy, an affiliate of influential local firm Gulf Energy.

By Macharia Kamau 1 month ago

Premium

Firms to wait longer for payment as pending bills verification drags on

The exercise that started in September 2023 was expected to end last year. However, it has received several extensions, the latest being the end of June this year.

By Macharia Kamau 1 month ago

Retail investors win big as Nairobi bourse drops 100 minimum shares

Buying shares in blocks of 100 had kept many retail investors away from high-value stocks.

By Clare Ochieng and Macharia Kamau 1 month ago

Premium

How latest sharp rise in fuel pump prices exposes gaps in energy sector management

Prices went up by about Sh9 per litre, laying bare subpar investments in the crucial industry and the uncoordinated manner of operation by the different State agencies.

By Macharia Kamau 1 month ago

Sh7 hike in road levy ups revenue collection by 51 per cent

KRA collects the levy on behalf of the Kenya Roads Board, which is then disbursed to different roads agencies for the maintenance of Kenya's network of roads.

By Clare Ochieng and Macharia Kamau 1 month ago

Premium

How higher oil marketers' margins adds to the pain of higher fuel prices

The Energy and Petroleum Regulatory Authority on Monday increased the margins for oil marketing companies by Sh2.15 per litre.

By Macharia Kamau 1 month ago

Premium

State's appetite for fuel taxes pushes up pump prices

For every litre of super petrol, government makes Sh82.33. Analysts believe that tax from fuel is the easiest to raise for the government.

By Macharia Kamau 1 month ago

Premium

Lessons for local entrepreneurs to end streak of failed startups

Kenya's start-up ecosystem is littered with failures. In recent months, many start-ups have closed shop, while more are teetering on the edge, uncertain of their future.

By Macharia Kamau 1 month ago

Premium

Epra under fire over sharp rise in fuel prices

The Energy and Petroleum Regulatory Authority (Epra) on Monday increased fuel prices by steep margins, resulting in pump prices reaching the highest point since September last year.

By Macharia Kamau 1 month ago

Premium

Exit lane: Sudden top exits at road agencies expose power struggles

DGs Ndung'u and Kandie allegedly ousted for straying from Kenya Kwanza script.

By Macharia Kamau 1 month ago

Premium

Multinational companies close shop as Ruto buries head in sand

High taxes, cost of fuel and electricity, bad infrastructure, unpredictable policies to blame.President however thinks its brouhaha as many are coming on board in his estimation

By Macharia Kamau 1 month ago

Premium

Manufacturing sector shrinks as Ruto regime reverses Kibaki gains

In the Vision 2030 development plan, manufacturing was supposed to contribute 15 pc. During Kibaki's era, the sector contributed 19pc in 2003; under Ruto it had declined to 7.3 pc last year.

By Macharia Kamau 1 month ago

Businesses warn looting a threat to job creation and investments

Lobbies say these add to a "deteriorating business environment that makes it challenging for the private sector."

By Macharia Kamau 1 month ago

Premium

NSE defies unrest, economic hardships to post huge rebound

NSE has implemented reforms aimed at enhancing market depth, efficiency and transparency, generally improving the investment climate and restoring investor confidence.

By Macharia Kamau 1 month ago

Premium

Crown Paints hit by executive exits as CEO stripped of key roles

Company commands more than 60pc of market share in the premium paints category, loses six senior managers in a span of two weeks as Rao's power whittled down.

By Macharia Kamau 1 month ago

Logistics firm Express Kenya unveils Sh13b real estate project

First phase of project that will include a mall and petrol station in Nairobi to cost Sh250 million.The company, which started in 1918 and listed at the NSE in 1978, has seen earnings drop.

By Macharia Kamau 2 months ago

Ruto lures foreign investors to NSE with promise of Kenya Pipeline listing

President William Ruto says KPC will be sold this year as part of the privatisation of State agencies.

By Macharia Kamau 2 months ago

Premium

Creative economy: Missed opportunities from neglect despite talk about big numbers

Kenya is set to host the Chan tournament, which presents an opportunity to set up the creative industry players to tap into a billion-dollar creative economy.

By Macharia Kamau 2 months ago

Premium

Ruto signs Finance Bill into law as KRA faces Sh2.75tr revenue test

The new measures have minimal implications in terms of hiking taxes as the government tried to avoid pushback from Kenyans.

By Brian Ngugi and Macharia Kamau 2 months ago

Premium

Property firms, telcos risk fines for locking out small internet firms from buildings

Larger ISP are on the radar of the Competition Authority of Kenya (CAK) for signing contracts with real estate developers that lock out smaller ISPs

By Macharia Kamau 2 months ago

Premium

Political appointees to lose board jobs in Cabinet's parastatal reforms

The President will no longer have the luxury of appointing political allies to plum board positions in State corporations in planned reforms to government agencies.

By Macharia Kamau 2 months ago

Premium

Cabinet okays Bill barring President from appointing political allies to state corporations

The President will no longer be appointing political allies to board positions in state corporations in planned reforms to government agencies.

By Macharia Kamau 2 months ago

Premium

Why Ngugi wa Thiong'o disappointed Kenyans, Africans in death

In his effort to 'decolonise the mind', he mounted cultural battles to fight mental remnants of colonialism that lingered into postcolonial times.

By Macharia Kamau, Macharia Munene 2 months ago

Premium

MPs dismiss email submissions on Finance Bill 2025 as spam

Committee said a huge number of emails it received contained the same message, causing the system to crash.

By Macharia Kamau 2 months ago

CAK eyes forensic lab, stricter laws to enhance consumer protection

Watchdog's latest strategic plan has prioritised the fight against Big Data and AI-powered abuses.

By Macharia Kamau 2 months ago

Ruto signs new law in fight against dirty cash

The enactment of the new law, State House said in a statement, represents a decisive step in bolstering the country's financial system against illicit financial flows.

By Macharia Kamau 2 months ago

Premium

KQ searches for new partner to set up regional airline after S Africa bolts out

KQ and SAA in 2021 signed a partnership framework that was expected to form the Pan African Airline Group.

By Macharia Kamau 2 months ago

State contractors to wait longer for payment as pending bills audit drags

The large sums of money that the government owes to businesses continue to be a thorny issue despite the National Treasury having committed to resolving it.

By Macharia Kamau 2 months ago

Safaricom valuation hits Sh1tr mark

Safaricom Plc's valuation at the Nairobi Securities Exchange (NSE) crossed the psychological barrier of the Sh1 trillion mark on Thursday last week.

By Macharia Kamau 2 months ago

Tanzania firm refutes Keb's safety concerns over its gas imports

Cooking gas firm Lake Gas has defended the quality of its first bulk consignment of imported cooking gas, insisting it meets the required quality and safety standards.

By Macharia Kamau 2 months ago

Premium

Police explanation of Ojwang's death comes from a familiar past script

Claims surrounding Albert Ojwang's death in a police cell defied common sense and raised doubts about the legitimacy of those in power.

By Macharia Kamau 2 months ago

Premium

It's a mixed bag for Michael Joseph as he formally exits Kenya Airways

Michael Joseph's exit marked the end of a board career spanning a maximum tenure of nine years, marked by both highs and lows.

By Macharia Kamau 2 months ago

Epra increases cost of super petrol in fuel prices changes

Epra has scrapped the petroleum price stabilization or subsidies that are used to cushion motorists from high prices.

By Macharia Kamau 2 months ago

Premium

From Sh4.24 tr to Sh4.29 tr: Mbadi moving numbers raise eyebrows

Treasury has moved goal posts from the spending plan it presented to Parliament in April.Experts say this erodes credibility of the budget-making process, as the numbers can't be relied on.

By Macharia Kamau 2 months ago

Epra boss picked for global energy body's post

The Energy and Petroleum Regulatory Authority (Epra) Director General Danie Kiptoo has been appointed the vice chairman of the International Confederation of Energy Regulators (ICER).

By Macharia Kamau 2 months ago

Premium

Alarm as Kilifi-based Tanzanian gas firm fails key KEBS safety standard

The Kenya Bureau of Standards (Kebs) has rejected a cooking gas consignment that was imported into the country by Lake Gas due to non-compliance with safety standards.

By Macharia Kamau 2 months ago

Premium

Oil firms put on the spot over high LPG cost despite tax exemptions

House budget committee is concerned retail prices have remained high, going up up by 55.7 per cent between 2020 and 2024.VAT on cooking gas was zero-rated in 2023.

By Macharia Kamau 2 months ago

Premium

Debt hole set to deepen, civil servants to lose perks in new plan

Treasury to borrow more from local lenders despite caution by experts and Parliament. Civil servants likely to lose perks while over 110,000 youth will be engaged in climate work.

By Graham Kajilwa and Macharia Kamau 2 months ago