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Person operating a fuel pump. PHOTO/Pexels
BUSINESS

EPRA Retains Fuel Prices for Another Month

There will be no changes at the fuel pump this month after the Energy and Petroleum Regulatory Authority (EPRA) retained the current prices...

lifestyle is quietly stopping many people from building real wealth.
BUSINESSOPINION

How Lifestyle Inflation Is Quietly Making Many Young Professionals Poorer

The biggest threat to your finances is not always a low salary. Sometimes, it is a higher one. As many young professionals earn...

National Treasury building. PHOTO/@KeTreasury/X
BUSINESS

Govt Seeks to Stop Ksh6.9T Public Debt Case

The national government has asked the High Court to temporarily stop the hearing of a landmark petition questioning how Kenya accumulated and managed...

World Bank
BUSINESS

World Bank Warns Kenya’s Debt-Fuelled Growth Is Failing to Create Jobs

The World Bank has warned that Kenya's heavy reliance on borrowing to finance economic growth is no longer creating enough quality jobs and...

KPA says the development has been misunderstood
BUSINESS

KPA Defends Ksh8.3B Mombasa Port Project Amid Cost Questions

The Kenya Ports Authority (KPA) has defended the Ksh 8.3 billion infrastructure project at the Port of Mombasa following criticism that the amount...

CBK
BUSINESS

CBK Bags Ksh57.8B in Oversubscribed Bond Sale

Investors poured billions of shillings into the government's latest Treasury bond sale. Still, the Central Bank of Kenya (CBK) turned away a significant...

Harambee DT Sacco
BUSINESS

Harambee DT SACCO Hit by Ksh230M Write-Off as KUSCCO Crisis Persists

Harambee Deposit Taking SACCO has taken a major financial hit after writing off more than Ksh 230 million linked to an unreconciled bank...

Car accident inspection in progress
BUSINESS

Motor Insurance Bleeds Ksh8.2B as Claims and Fraud Hit Kenyan Insurers

The Insurance Regulatory Authority (IRA) has revealed that Kenya's motor insurance business is becoming increasingly difficult to sustain, with insurers recording billions of...