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Athi Water CEO Joseph Kamau
BUSINESS

Athi Water Loses Ksh1.2B Annually in Uncollected Bills

Athi Water Works Development Agency is under pressure after it emerged that it is failing to collect more than half of the money...

A section of KRA office. PHOTO/@KRACorporate/X
BUSINESS

KRA Revenue Hits Ksh2.04T as Tax Collections Rise 11.4pc

The Kenya Revenue Authority (KRA) has crossed the Ksh 2 trillion mark in tax collections, pointing to a steady rebound in revenue despite...

Raimond Molenje, CEO, Kenya Bankers Association
BUSINESS

Bankers Push CBK to Hold Rates Steady Amid Rising Global Risks

Commercial banks are urging the Central Bank of Kenya (CBK) to hold its key lending rate steady, warning that the economy is facing...

Treasury Cabinet Secretary John Mbadi
BUSINESS

Mbadi Announces Shift from Petrol to Electric Cars Amid Middle East War Crisis

Treasury Cabinet Secretary John Mbadi has announced a major shift in government policy, with Kenya abandoning plans to procure petrol-powered vehicles and moving...

Person holding Kenyan bank notes
ECONOMY

Poverty Persists Despite Growth as Inequality Gap Remains Wide

Kenya’s economic growth is no longer lifting people out of poverty as effectively as it once did, raising fresh concerns about inequality and...

A past NSE all share market watch
BUSINESS

NSE Bleeds Ksh343B in March Amid Middle East Conflict

The Nairobi bourse had one of its roughest months in recent history, with investors watching billions in value disappear as global shocks spilt...

Trade committee engages Gulf Energy on proposed SEZ amendments
NEWS

Lawmakers Debate SEZ Amendments to Open Up Kenya’s Oil and Gas Sector

Kenya’s efforts to reshape its Special Economic Zones (SEZ) policy are gathering momentum, with Parliament now weighing proposals that could significantly widen participation...

Person operating a fuel pump. PHOTO/Pexels
BUSINESSNEWS

Fuel Anxiety Grows as Kenya’s Petrol Cover Drops to 16 Days

Kenya could be heading into a tight fuel situation after a sharp drop in petrol reserves exposed how vulnerable the country is to...