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Financial Standard

Inside 16-year pension tussle pitting Stanchart against its 629 ex-staff

For the last 16 years, the battle between Standard Chartered (StanChart) and its 629 former employees has been ongoing.
By Kamau Muthoni 1 day ago
Inside 16-year pension tussle pitting Stanchart against its 629 ex-staff
Creative economy: Missed opportunities from neglect despite talk about big numbers
By Macharia Kamau 2 days ago
KQ secures second route to the United Kingdom
KQ secures second route to the United Kingdom
By Joackim Bwana 2 days ago
Push to review occupational safety and health laws
Push to review occupational safety and health laws
By James Wanzala 2 days ago
Will zero-tariff fix Kenya-China trade imbalance?
Kenya is increasingly pivoting towards Beijing, seeking to leverage China’s expanded zero-tariff trade policy to address a widening trade imbalance that favours the Asian economic giant.
By Brian Ngugi 8 days ago
Will zero-tariff fix Kenya-China trade imbalance?
Why Kenya ended up on EU red list despite helping nab Sh12b tax fraud
Despite the wins against anti-terrorism financing, tax evasion, the successful Goliath operation and Kenya’s cooperation, the EU placed it on its red list as a high-risk jurisdiction.
By Kamau Muthoni 9 days ago
Why Kenya ended up on EU red list despite helping nab Sh12b tax fraud
Kenya braces for new economic shocks as Israel-Iran war escalates
Kenya is bracing for significant economic repercussions as the escalating conflict between Iran and Israel threatens to disrupt global trade routes.
By Brian Ngugi 9 days ago
Kenya braces for new economic shocks as Israel-Iran war escalates
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 16 days ago
KQ searches for new partner to set up regional airline after S Africa bolts out
Who benefits from CBK's low lending rates?
Dr Thugge, who is the MPC chair, noted that there was room to reduce the rates further to stimulate the banks to lend more.
By Graham Kajilwa 16 days ago
Who benefits from CBK's low lending rates?
Firm opposes DPP plan to withdraw Sh918m case against businessman
Before the lower court, Kumar and Midland Hauliers are accused of conspiracy to defraud.
By Kamau Muthoni 16 days ago
Firm opposes DPP plan to withdraw Sh918m case against businessman
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 16 days ago
State contractors to wait longer for payment as pending bills audit drags
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 23 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 23 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 23 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 23 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 29 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 29 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 29 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month ago
Questions over reliance on services sector amid shrinking manufacturing
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