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NEWS & CURRENT AFFAIRS

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Business

Motor industry registers drop as cash strapped businesses, households stay away

The number of newly registered vehicles dropped 21.4 per cent, the lowest since 2017. Motorcycles registered also continued a multi-year decline and hit a low in 16 years.

By Macharia Kamau 2 hrs ago

Motor industry registers drop as cash strapped businesses, households stay away

Stanbic reports Sh3.3 billion first quarter net profit

By Sofia Ali 8 hrs ago

Businesses petition government over new waste management levy

Businesses petition government over new waste management levy

By Patrick Beja 8 hrs ago

NSE to empower one million women in capital markets

NSE to empower one million women in capital markets

By Sofia Ali 8 hrs ago

Absa backs Eco-Friendly projects with Sh60b funding in 2023

Absa Bank Kenya advanced close to Sh60 billion in sustainable financing in 2023, highlighting the bank’s ongoing commitment to driving sustainable development.

By James Wanzala 21 hrs ago

Absa backs Eco-Friendly projects with Sh60b funding in 2023

Lack of market data delays State plan to industrialise counties

Delay by county governments to map out value chains has slowed down efforts to set up County Aggregation and Industrial Parks across the country.

By Winfrey Owino 1 day ago

Lack of market data delays State plan to industrialise counties

State vows law review to counter new tech threats

The government is reviewing communication laws to align with emerging threats, including cybercrime and new technologies.

By James Wanzala 1 day ago

State vows law review to counter new tech threats

Government bans over 50 harmful pesticide brands

The government has banned more than 50 harmful pesticide brands, particularly those already prohibited in their countries of origin.

By David Njaaga 1 day ago

Government bans over 50 harmful pesticide brands

Insurance firms push for higher compensation for policy holders

Stakeholders in the insurance sector are advocating for increased compensation for policyholders in the event that an insurance company collapses.

By Jacinta Mutura 1 day ago

Insurance firms push for higher compensation for policy holders

Governors demand higher allocations in Division of Revenue Bill 2025

The Council of Governors argues that the current allocation heavily favors the national government at the expense of counties’ constitutional mandates.

By Sofia Ali 1 day ago

Governors demand higher allocations in Division of Revenue Bill 2025

Internal auditors challenged to embrace strategic advisor role

Institute of Internal Auditors Kenya says the new global standards require that internal auditors evolve to strategic advisors instead of only ensuring compliance in the firms they work for.

By Patrick Beja 2 days ago

Internal auditors challenged to embrace strategic advisor role

US trade deficit hit fresh record before new Trump tariffs

The overall trade gap of the world's largest economy jumped 14.0 percent to $140.5 billion for the month, the Commerce Department said in a statement.

By AFP 2 days ago

US trade deficit hit fresh record before new Trump tariffs

Scrap metal dealers warn of industry collapse over new tax proposal

Scrap metal dealers have appealed to Parliament over proposed changes in the Finance Bill, 2025 that would raise the withholding tax on scrap metal transactions to five per cent.

By Mike Kihaki 2 days ago

Scrap metal dealers warn of industry collapse over new tax proposal

Value of unclaimed financial assets rose to Sh4.3 trillion in 2024 - Survey

Total value of unclaimed financial assets rose to Sh4.3 trillion in 2024, while pension assets and long-term insurance investments rose by 20.3pc and23.4 pc, respectively: Economic Survey

By Esther Nyambura 2 days ago

Value of unclaimed financial assets rose to Sh4.3 trillion in 2024 - Survey

Cargo volume grows at Kisumu port on infrastructure upgrade

Kisumu Port is rapidly solidifying its place in East Africa's transport and logistics chain, following a significant increase in cargo throughput and vessel traffic.

By Sharon Owino 2 days ago

Cargo volume grows at Kisumu port on infrastructure upgrade

Stakeholders seek to make Kenyan tea top brand in the global market

The Geographical Indications will label tea, assist in tracing its originality and brand Kenyan tea in the international market.

By Boniface Gikandi 2 days ago

Coffee auction earns farmers Sh27 billion in five months

According to the Nairobi Coffee Exchange during the auction period between October 2024 to April 2025, coffee weighing 32,156,472 kgs was bought by the local and international dealers.

By Boniface Gikandi 2 days ago

Coffee auction earns farmers Sh27 billion in five months

State vows to fight GMO misinformation as agency launches strategic plan

One of the key objectives of the plan is to improve public awareness of biosafety and GMO-related science, especially among farmers and consumers.

By Maryann Muganda 3 days ago

State vows to fight GMO misinformation as agency launches strategic plan

Kenya Power to install electric vehicle chargers across six counties

Kenya Power has announced plans to install 45 electric vehicle (EV) chargers across six counties over the next year.

By Sharon Wanga 3 days ago

Kenya Power to install electric vehicle chargers across six counties

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 3 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 3 days ago

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

Unaitas Sacco eyes one million members

Cooperative Principal Secretary Patrick Kilemi has lauded Unaitas Sacco’s growth, which has seen it register 493,000 members.

By Boniface Gikandi 4 days ago

Unaitas Sacco eyes one million members

CS says Kilifi gas plant ready for opening amid safety concerns

Energy Cabinet Secretary Opiyo Wandayi has given the Sh8 billion LPG storage facility in Kilifi County by Tanzanian firm Lake Gas a clean bill of health despite safety concerns.

By Joackim Bwana 4 days ago

CS says Kilifi gas plant ready for opening amid safety concerns

Ruto's 'no-tax Finance Bill' to raise cost of affordable housing project

The Finance Bill 2025 contains no new tax measures in an attempt by the government to calm Kenyans following last year’s anti-government demos.

By Macharia Kamau 5 days ago

Ruto's 'no-tax Finance Bill' to raise cost of affordable housing project

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Latest Stories

Motor industry registers drop as cash strapped businesses, households stay away

By Macharia Kamau

2 hrs ago

Stanbic reports Sh3.3 billion first quarter net profit

8 hrs ago

Businesses petition government over new waste management levy

By Patrick Beja

8 hrs ago

NSE to empower one million women in capital markets

8 hrs ago

Absa backs Eco-Friendly projects with Sh60b funding in 2023

By James Wanzala

21 hrs ago

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