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Financial Standard

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 1 day ago
KQ searches for new partner to set up regional airline after S Africa bolts out
Who benefits from CBK's low lending rates?
By Graham Kajilwa 1 day ago
Firm opposes DPP plan to withdraw Sh918m case against businessman
Firm opposes DPP plan to withdraw Sh918m case against businessman
By Kamau Muthoni 1 day ago
State contractors to wait longer for payment as pending bills audit drags
State contractors to wait longer for payment as pending bills audit drags
By Macharia Kamau 2 days ago
Kenya steps up China charm offensive amid US trade scrutiny
It saw Kenya and China elevate their relationship to a strategic partnership and sign 22 Memoranda of Understanding (MoUs) spanning infrastructure, trade, health, and security.
By Brian Ngugi 8 days ago
Kenya steps up China charm offensive amid US trade scrutiny
How firm defied KPA safety concerns to discharge cooking gas in Kilifi
KPA had earlier undertaken a navigation simulation of how ships would approach the Lake Gas terminal.
By Macharia Kamau 8 days ago
How firm defied KPA safety concerns to discharge cooking gas in Kilifi
African payments system taps more States to grow trade, cut forex woes
For companies like Kenya Airways (KQ), the system offers a potential lifeline against persistent issues of blocked funds.
By Brian Ngugi 9 days ago
African payments system taps more States to grow trade, cut forex woes
BAT raises alarm over illicit cigarettes in the market, says vice costing exchequer Sh9b annually
The findings also show growth in the number of illicit cigarettes sold, with the market in Kenya moving from 27 per cent just a year ago to the current unprecedented 37 per cent.
By Graham Kajilwa 9 days ago
BAT raises alarm over illicit cigarettes in the market, says vice costing exchequer Sh9b annually
Will huge capital investments hurt private consumption?
In an economy with declining consumer purchasing power, the government's focus on capital build-up appears to stray from the previously championed Bottom-up Economic Transformation Agenda.
By Graham Kajilwa 15 days ago
Will huge capital investments hurt private consumption?
CMA to shake up boards, C-suites of blue-chip firms with new rules
The Capital Markets Authority (CMA) is set to crack down on errant listed firms with the new, stringent corporate governance regulations that are poised to become law.
By Brian Ngugi 15 days ago
CMA to shake up boards, C-suites of blue-chip firms with new rules
Why IMF, World Bank hand in Kenya budget faces pushback
Among the many placards on display in the streets of Nairobi last June when Kenyans protested against the Finance Bill, 2024 were a few unpalatable ones targeted at the IMF.
By Macharia Kamau and Esther Dianah 15 days ago
Why IMF, World Bank hand in Kenya budget faces pushback
How Africa is fighting global protectionism through AfCFTA
With global protectionism surging, Kenya and other African countries are increasingly looking towards intra-continental trade as a bulwark against this tide.
By Brian Ngugi 22 days ago
How Africa is fighting global protectionism through AfCFTA
State agencies pressed to raise revenue to balance 'softer' Finance Bill
With a ‘softer’ Finance Bill, 2025 on the table to avoid protests that led to the scrapping of Finance Bill, 2024, Ruto’s administration has placed a special focus on non-tax revenue.
By Graham Kajilwa 22 days ago
State agencies pressed to raise revenue to balance 'softer' Finance Bill
Economist warns Treasury on dangers of eliminating input tax
Economists say eliminating the input VAT offset mechanism could strain cash flows, create uncertainty and impose unnecessary administrative burdens on already struggling businesses.
By Sofia Ali 23 days ago
Economist warns Treasury on dangers of eliminating input tax
Kenya's top lender KCB posts Q1 profit of Sh16.53b, StanChart takes a hit
Kenya’s largest lender by assets, KCB Group, posted an after-tax profit of Sh16.53 billion in the first quarter of the year ending March.
By Brian Ngugi 28 days ago
Kenya's top lender KCB posts Q1 profit of Sh16.53b, StanChart takes a hit
Why Narok airport is not a key pick for aviation sector players
The National Treasury is set to pump Sh700 million into the project which is expected to be ready in 15 months.
By Macharia Kamau 29 days ago
Why Narok airport is not a key pick for aviation sector players
Questions over reliance on services sector amid shrinking manufacturing
Data shows the country’s economy is now heavily relying on services, away from the traditionally known sectors such as construction, agriculture and manufacturing to grow.
By Graham Kajilwa 29 days ago
Questions over reliance on services sector amid shrinking manufacturing
Data tops Safaricom Ethiopia earnings as unit eyes profit
Its mobile money platform M-Pesa earned the company Sh12.5 million, with Safaricom now planning to launch Fuliza in Ethiopia in a move that could increase earnings for the company.
By Macharia Kamau 30 days ago
Data tops Safaricom Ethiopia earnings as unit eyes profit
CBK rejects banks' rate cap claims, digs in on Ruto's loan reforms
The Central Bank of Kenya (CBK) has dismissed commercial lenders' claims that its proposed loan pricing reforms amount to a return to “interest rate capping.”
By Brian Ngugi 1 month ago
CBK rejects banks' rate cap claims, digs in on Ruto's loan reforms
Why Kenya lost Sh7 billion in exports to EAC
Stronger economic growth in other EAC countries is slowly edging out Kenya as the gateway of goods to the rest of the region, the latest report by the government statistician shows.
By Graham Kajilwa 1 month ago
Why Kenya lost Sh7 billion in exports to EAC
Safaricom CEO reflects on his first five years at the telco
Safaricom has hired an army of developers to build the products and services on which it would anchor its transition into a technology company.
By Esther Dianah 1 month ago
Safaricom CEO reflects on his first five years at the telco
Review of infrastructure, taxes and incentives to boost adoption of EVs
Kenya power is already working with the Kenya Industrial and Research Development Institute on the possibility of coming up with a battery assembly plant.
By Graham Kajilwa 1 month ago
Review of infrastructure, taxes and incentives to boost adoption of EVs
Equity Group, African Guarantee Fund to support SMEs with Sh64 billion facility
Equity Group Holdings and the African Guarantee Fund have strengthened their commitment to supporting MSMEs with a $500 million (Sh64.5 billion) facility.
By Esther Dianah 1 month ago
Equity Group, African Guarantee Fund to support SMEs with Sh64 billion facility
Wealthy Kenyans plan to reinvest their bonus earnings
According to the Standard Chartered Kenya 2025 Bonus Sentiment Report, most wealthy Kenyans plan to spend their bonus earnings on replenishing their investments.
By Graham Kajilwa 1 month ago
Wealthy Kenyans plan to reinvest their bonus earnings
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