FEATURED ARTICLE

As plastics are phased out, sisal is cool again

Share
Share

The ban of plastic bags will negatively affect livelihoods as there are over 170 plastic manufacturing companies in the country which directly employs around 3% and over 60,000 people indirectly, according to the Kenya Association of Manufacturers.

The Government decided to ban the use of plastic bags to promote health and prevent environmental effects resulting from the use of plastic bags.

Some of the hazards from plastic bags include blocked sewers lines, damaged ecosystems and biodiversity, pollution of coastal and marine environment, death of  terrestrial animals after consuming plastic material, emission of poisonous gaseous when used as fuel  to light charcoal and the obvious air pollution when the plastics are burned in open air

The ban will see the government invest in reviving the sisal industry. Kenya is rated among the top producers of sisal globally and currently is in position one and three globally in terms of quality and production respectively.

The country is currently producing 23,000 metric tonnes of sisal annually and it is the third largest producer in the world after Brazil and Tanzania. To boost production, the government is encouraging private sector actors to set up facilities for processing and enhancing value addition.

For Elisha Okoth and Adoyo Okoyo, small scale sisal farmers at Karungu area in Migori County, for close to 40 years, they have been depending on sisal as the main economic mainstay.

They say that in the 1970s and 1980s, sisal was performing well in the area despite the farmers using the crop as fence for their farms.

“We have been planting sisal in small portions for subdividing our land or fencing purposes. During that time, sisals market was good with farmers earning high proceeds,” says Okoth.

But the trend changed in mid 1980s and early 1990s when farmers abandoned sisal farming owing to price manipulation among other unethical business practices by middlemen.

New sisal factory

Okoth, who is the chairman of Otaiti Fibre Crop Growers and Sisal Owners Group in Nyatike area of Migori, says if sisal production is revived, it will provide employment to many youth who are educated but are idle and thus tame poverty.

Last week, Agriculture, Livestock and Fisheries Cabinet Secretary Willy Bett opened a new sisal factory at Nyatike in Migori County which will help in revamping the industry.

Al Naqel Holdings Limited is owned by investors from Egypt and local partners.

SEE ALSO: Thousands of jobs at stake as Kenya finally bans plastic bags

“The new factory is part of the far reaching strategies the national government is undertaking to revive the sisal industry in Kenya. Based on the fact that large scale farming is not expanding, our focus is to woo small holder farmers. If well harnessed, sisal farming can help in taming the high poverty levels and high unemployment rate in addition to increasing revenue to both farmers and the government,” said Bett.

In an interview after opening the new sisal factory, the CS said the Governments will focus on encouraging small scale farmers to embrace production and return sisal back to its glorious days of 1972 when it was second foreign exchange earner after coffee.

“Even though Kenya is position one and three globally in terms of quality and production, the industry is largely dominated by large scale farmers and currently they are not expanding area under sisal.  The Government will facilitate investors interested in placing their wealth in the sisal industry,” Bett said.

Bett said the quality of Kenya’s sisal has been used mainly in the manufacture of high quality and premium products including carpets, specialty paper and gypsum blocks among others.

“The world market for our sisal is hitting the roof and the government is now promoting the production to the small-scale farmers,” noted the CS.

“We want to shift from the estate type model and make sisal production one of the key revenue generators for our people,” said Bett, noting that the government is also encouraging small cottage industry in sisal production in order to utilize the waste into useful by products.

Bett noted that Kenya is only able to utilise four percent of the sisal while 96 percent goes to waste, adding that there is need to ensure 100 percent utilization which will in the long run trickle down to the farmers.

For  Okoth and Adoyo, putting up the factory has made them think of not only concentrating more on sisal production but has also opening up their lands in a partnership with the Al Naqel holdings company that will see them  grow more sisal and the company buying from them directly.

“In 1979 when I got married here, I found people making ropes from sisal using some handmade machines. We used to sell the ropes in the local market at Sh5 and we have continued with this business until now that this this factory has been established.  It has opened up our eyes and we now know we can fetch much more money from sisal,” says Adoyo.

Through the agreement, she explains that the company will provide them with quality seeds once they have prepared land and in turn also come and buy from them directly. This she says will deter middlemen who have been taking advantage of them.

“I intend to expand the area under sisal to about 10 acres and believe that this deal will ensure I meet all my family’s obligations from educating my children, constructing a better house and also putting food on the table,”Adoyo says.

Okoth in turn says that the sisal factory has created awareness on the economic benefits of sisal farming in the community and that farmers will now be able to grow sisal and inter-crop with other crops to ensure food security.

Foreign exchange

 

Agriculture and Food Authority (AFA) Interim Director General Alfred Busolo says sisal industry in 1972 was second in the country in terms of foreign exchange earnings after coffee and that the only research centre –Thika High Level Sisal research station was lost in 1972 when demand for sisal and the world price dipped.

“Due to the various problems facing the sisal industry, there has been lack of reinvestment and market development, products and market development and promotion, contributing to the decline of the industry,” says Busolo.

Despite the hiccupsBusolo says  currently the area under sisal stand at 44,000ha with small holder farmers scattered all over the arid and semi-arid areas and mainly along the boundaries  controlling 22.7  percent and the rest being  largely under the control of 10 sisal estates in the Coast, Eastern and Rift Valley regions.

Fibre Crops Directorate interim head Anthony Mureithi says that their focus is to encourage small holder farmers to venture into sisal farming with a view to increasing national production by 30 percent in the next five years and boosting incomes both to the Government and farmers.

A report by Agro Processor International says that the sisal industry in Kenya started way back in 1907 when the first sisal plantation was established at Punda Milia near Thika. By 1914, the sisal industry had been firmly established in Kenya as a cash crop and the first 42 tonnes of sisal fibre from Kenya was exported to Europe the same year.

According to the 2015 Economic Review of Agriculture, the total sisal production decreased by 2.5 percent to 25,341 tons in 2014 from 25,983 tons recorded in 2013. Domestic consumption of sisal fiber more than doubled form 750 tons in 2013 to 1737 tons in 2014, this was due to an increasing demand for sisal bags for packaging. In addition, 91 percent of total production was exported in 2014.

 

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Paul Russo New KCB Group MD and CEO taking over from Joshua Oigara
LEADERSHIP

KCB Appoints New CEO After Joshua Oigara’s Sudden Exit

The KCB Group PLC Board has today 24th May 2022 appointed Paul...

NRG Radio presenter Mwalimu Rachel hosting a past show
BUSINESSMEDIA

Radio: How Comedians, Influencers Kicked Journalists Off the Airwaves

World Radio Day will be celebrated around the world on Saturday, February...

Telkom and Airtel to merge www.businesstoday.co.ke
BUSINESS

Telkom-Airtel Merger Gets All-Important Greenlight

The High Court has cleared Telkom Kenya and Airtel to revive their...

Actor Omosh in character on Tahidi High. He opened up to the media on challenges he was facing since the show stopped airing.
MEDIA

Ex-Citizen TV Star Omosh Stares at Eviction, Heartbreak as Fortunes Dwindle

Former Tahidi High actor Kamau Kinuthia popularly known as Omosh is facing...

M-Pesa agent outlets in Nairobi. Safaricom is set to pay out an interim dividend for the first time to protect shareholders during the Covid-19 pandemic.
BUSINESSMARKETSSTOCKS

Safaricom to Pay Out Ksh18B in First Ever Interim Dividend

Market-leading telco Safaricom is set to pay an interim dividend for the...

Jacque Maribe (left) and Eric Omondi (right)
MEDIA

Revealed: Jacque Maribe’s Role in 2nd Season of Eric Omondi’s Wife Material

Former Citizen TV presenter Jacque Maribe is expected to feature in season...

BUSINESSSMART BUSINESS

Skyward Express Launches Ksh3950 Nairobi-Malindi Flights

Skyward Express has launched a flight from Nairobi, Wilson Airport to Malindi,...

Technicials installing solar panels in Kenya
BUSINESSECONOMYMARKETS

Kenya Power to Install Solar Panels as Consumers’ Shift Threatens Revenues

Kenya Power and Lighting Company (KPLC) is set to venture into solar...

Times Tower. The KRA headquarters in Nairobi
ECONOMY

Businessman Charged in Ksh11.6M Tax Evasion Case

Businessman Patrick Murimi Mwangi has been arraigned before the Milimani Chief Magistrate...

Kenyan bank notes and coins of different denominations juxtaposed with a TED stage
SMART MONEY

TED Experiment Gives Kenyans Ksh1.1M Each to Spend However They Want

Kenyans are among 200 recipients of $10,000 (Ksh1.09 million) each to spend...

Absa Bank CEO Jeremy Awori (right) and Chairman Charles Muchene cut a ribbon to mark the opening of Absa's Queensway branch in Nairobi on February 10, 2021
BUSINESSTECHNOLOGY

Absa Plots Ksh1.6B Tech Investment as Bank Celebrates One Year in Kenya

Absa Bank Kenya on Wednesday, February 10 marked its one year anniversary...

MEDIA

‘Classic’ Churchill Show Set for Grand NTV Return After Long Absence

The Churchill Show is set to have its long-awaited comeback on Valentines...

2021 ushered in a new age of interest in retail investing.
SMART MONEY

Investing: Use Social Networks, Don’t be Used

All data indicates a new age of interest in retail investing. Across...

REAL ESTATE

Why Kilimani, Kileleshwa Rent Rates Are Falling

Estates in Nairobi registered an increase in rent rates in the last...

An M-Pesa agent outlet in Nairobi
SMART BUSINESS

Revealed: Kenya’s 10 Biggest Brands & Why M-Pesa Tops The List

Mobile money service M-Pesa has been voted Kenya's leading super brand ahead...

President Uhuru Kenyatta
ECONOMYTECHNOLOGY

Uhuru: Tech to Deliver Post Covid-19 Economic Growth

President Uhuru Kenyatta on Monday, February 8 commended the impact technology had...

A Standard Chartered banking lounge
FEATURED ARTICLE

StanChart Robber Shot 4 Times Was Servicing Generator – ‘Framed’ Man’s Family Seeks Justice

The family of Nicholas Mwangi claims that the alleged armed robber was...

ECONOMYPOLITICS

Ksh29B Hustlers Fund: Ruto Plots New Kitty to Woo Voters

Deputy President William Ruto has assured supporters of Ksh100 million in interest-free...

British soldiers at the equator point in Nanyuki, Laikipia County
FEATURED ARTICLE

Kenyan Staff Banned as UK Military Camp Put Under Lockdown

Kenyan staff including chefs have been barred from accessing the United Kingdom...

MEDIAPEOPLE

Sam Njoroge Quits KBC, Again

KBC news anchor Sam Njoroge has announced his resignation from the state...

Embu Governor Martin Wambora (2nd from right) with his counterparts after being elected Council of Governors (CoG) Chair at Movenpick Hotel on January 29, 2021.
POLITICS

Governors Elect Martin Wambora as New CoG Chairman

Embu Governor Martin Wambora was on Friday, January 29 elected as the...

Janet Mbugua at a past event .
MEDIAPERSON OF INTEREST

Janet Mbugua: Former TV Queen Now Changes Girls’ Lives

In 2017, Janet Mbugua left loyal viewers disappointed after announcing her exit...

MEDIA

NTV Swahili Desk Left Light Following Resignation of Key News Anchor

NTV has been dealt a blow following the resignation of Swahili news...

Kanze Dena on Citizen TV (left) and during a press briefing at Sagana State Lodge, Nyeri on January 29, 2021
MEDIA

Kanze Dena’s Transformation Gets Kenyans Talking [PHOTOS]

State House Spokesperson Kanze Dena on Friday, January 29 addressed the media...

MARKETS

Dividend Pain For EABL Shareholders as Half-Year Profits Tumble 47%

East African Breweries Limited (EABL) on Friday reported a 47% decrease in...

Nick Ndeda in studio, He has announced his exit from Radio Africa Group after 9 years on air.
MEDIA

Nick Ndeda Exits Kiss FM After 2-Year Stint

Kiss FM radio presenter Nick Ndenda has left the station. Nick was...

OPINION

Investing in Mental Health Key in Recovery of African Economies

By Crick Lund, PhD and John Joska, PhD   The global economy has...

CIC Insurance
BUSINESS

CIC Group Issues Profit Warning On COVID Woes

CIC Insurance Group on Thursday joined the bandwagon of listed companies that...

Boda boda riders at a terminus. The National Police Service has announced a major operation to weed out lawless elements in the multi-billion shilling sector.
BUSINESS

Crackdown: Police Take on ‘Lawless’ Boda Boda Industry

The National Police Service on Thursday, January 28 put boda boda riders...

Lolani Kalu (left) in an advertisement for Abson Motors. The former NTV journalist's comeback has warmed Kenyans' hearts.
BUSINESSMEDIA

Lolani Kalu’s Hilarious Comeback Wins Kenyans’ Hearts [VIDEO]

Former NTV journalist Lolani Kalu hit the headlines in September last year...

Times Tower. The KRA headquarters in Nairobi
BUSINESS

KRA Wins Sh9.3bn Case Against Embu Wholesaler

The Kenya Revenue Authority (KRA) has won a Kshs 9.3 billion tax case against Paleah Stores Limited, a wholesale business based in Embu in a judgement...

Former Nairobi Deputy Governor Polycarp Igathe at a past event
CITY DIARY

Did Igathe Resign? Courts to Decide as Former DG Throws Spanner in the Works

Former Nairobi Deputy Governor Polycarp Igathe has caused more confusion at City...

Central Bank of Kenya (CBK)
ECONOMY

Banks Restructure Sh1.6trn Worth Of Loans in 10 Months

Banks in the country restructured total loans amounting to Ksh1.63 trillion or...

Civil servants and TSC loans
FEATURED ARTICLE

Mwananchi Credit Extends Repayment Period For Civil Servants Loans To 8 Years

Mwananchi Credit Limited has extended the repayment period for loans taken by...

BUSINESS

CBK Retains Base Lending Rate at 7%. Plans Further Economic Intervention Measures

The Monetary Policy Committee (MPC) on Wednesday retained the base lending rate...

Aerial view of a section of Westlands, Nairobi
BUSINESS

Relief for Business Owners as Govt Extends Disclosure Deadline

The Business Registration Service (BRS) has extended the beneficial ownership information submission deadline...

Former K24 anchor Betty Kyallo. The anchor is set to open a brand new barber shop in Nairobi, After Shave by Flair, on January 28, 2021.
BUSINESSMEDIA

Exclusive: Betty Kyallo on Upcoming TV Comeback, Her New Barber Shop and Expanding Beauty Empire

Former K24 anchor Betty Kyallo is set to officially open a high-end...

BUSINESS

KRA Issues Corporate Tax Guidelines Following End of Relief Measures

The Kenya Revenue Authority (KRA) has released guidelines outlining the applicable corporation...

Gambling in the UK
SMART MONEY

Why UK is One Of The World’s Gambling Leaders

The gambling market has grown rapidly in the last few years -...

Safaricom PLC CEO Peter Ndegwa is taken through a Lipa Na M-PESA process by Alexander Ondenyi a fruit vendor in Kakamega town during his visit in the town
BUSINESSMARKETS

Safaricom Rolls Out M-Pesa Bill Management Service

Safricom has Launched an M-Pesa Bill Management service for businesses, further actualizing...

FEATURED ARTICLE

Reverend Claims Politicians Issue Church Leaders With Bounced Cheques

All Saints Cathedral Provost Reverend Canon Sammy Wainaina on Tuesday continued with...

supermodel naomi campbell kenya tourism ambassador
BT FACTCHECK

DEBUNKED: Naomi Campbell Earning Ksh11 Million a Month to Promote Kenya?

Soon after British supermodel Naomi Campbell was unveiled as Kenya's International Tourism...

Basic education classes students learning before the outbreak of COVID-19.
FEATURED ARTICLE

TSC Advertises 1,000 Vacancies for Teachers

The Teachers Service Commission (TSC) on Wednesday, January 26 advertised 1,000 promotion...

Pula Co-Founders and Co-CEOs, Rose Goslinga & Thomas Njeru. Pula provides agricultural insurance and digital products to help smallholder farmers manage climate risks, improve farming practices and increase their incomes. [ Photo / Courtesy ]
SMART MONEY

Microinsurer Raises Sh600 Million to Power Growth in Africa

Pula, an African InsureTech service provider startup that specializes in digital and...

PEOPLEPERSON OF INTEREST

Kiambu Family Killer Unfit for Trial – Court Rules

Lawrence Warunge, the prime suspect in the killing of four of his...

CITY DIARY

Car Wash Businesses to be Kicked Out of Nairobi – Badi

Nairobi Metropolitan Services (NMS) boss Mohammed Badi has revealed plans to reduce...

domestic violence in Kenya
OPINION

COVID-19: Gender-Based Violence Cases Rise

Conflict in relationships can not be avoided. Two people process and react...

MEDIAPEOPLE

Legendary Talk Show Host Larry King Dies at 87

Larry King, a long time CNN host has died at the age...

OPINION

Valentine’s Day is Coming – What are Your Plans?

Valentine's Day is just around the corner. What plans do you have?...

FEATURED ARTICLE

EABC: EAC Economies to Grow in 2021

As East African Community (EAC) economies and businesses return to normalcy and...

MEDIA

Exclusive: Debarl Inea Joins K24,Takes Over from Anne Kiguta

Former NTV anchor Debarl Inea is set to be unveiled on Mediamax-owned...

Aerial view of a section of Westlands, Nairobi
FEATURED ARTICLE

NHIF, NSSF Remittance Dates to Change in Far-Reaching New Rules

A bill currently before Parliament seeks to compel employers to remit statutory...

Britam CEO Benson Wairegi addressing a past press conference
FEATURED ARTICLE

Britam CEO Postpones Retirement Amid Search for Successor

Benson Wairegi's stay in office was extended beyond the Britam CEO's retirement...

Musalia Mudavadi (far left) at a requiem mass for his late mother in Nairobi on January 7, 2021.
POLITICS

DP Ruto Among Mourners at Mama Mudavadi’s Requiem Mass

Deputy President William Ruto was among leaders who condoled with Amani National...

An international departures terminal at the Jomo Kenyatta International Airport (JKIA). Relaxed visa rules are expected to make it easier for Kenyans to work in the United Kingdom in the post-Brexit era.
CAREERS

What UK’s New Immigration System Means for Kenyan Job-Seekers, Students

The United Kingdom's new points-based immigration system makes it easier for skilled...

Transpot Cabinet Secretary James Macharia boards a train at the launch of the Nairobi Commuter Rail -JKIA express service on December 7, 2020
ECONOMY

KQ Aligns Flight Schedule With JKIA Express Rail Service as Prices Slashed

Kenya Airways has aligned its flights schedule with the new Jomo Kenyatta...

Vehicles pictured in traffic in Nairobi. The government has warned Kenyans against travelling to visit family for Christmas.
ECONOMY

Don’t go Upcountry for Christmas – Govt Warns Kenyans

Government Spokesperson Col. (Rtd) Cyrus Oguna on Tuesday, December 15 warned Kenyans...

One of the packages sent to Kenyans in the UK by the Kenyan High Commission. The commission partnered with leading Kenyan brands for the program.
ECONOMY

Govt Delivers Beer, Tea to Kenyans Living in UK

Kenyans in the United Kingdom (UK) were pleasantly surprised after receiving packages...

Anne Kiguta during her stint as host of 'Punchline' on K24. Kiguta quit the show on December 6, 2020 citing disagreements over the editorial process.
MEDIA

Life After Anne Kiguta: K24’s Plans for ‘Punchline’ Revealed

The now-famous set featuring a red punching bag and a pair of...

A Text Book Centre store. The company released its 2020 best-sellers list.
FEATURED ARTICLE

20 Books Kenyans Read The Most in 2020 – Text Book Centre Reveals

Leading bookstore Text Book Centre (TBC) on Thursday, December 10 published its...

Painters at work. Basco Paints has relaunched a loyalty program to cushion painters in Kenya during the pandemic.
FEATURED ARTICLE

Painters to Redeem Points for M-Pesa in New Loyalty Program

A newly relaunched loyalty program by Basco Paints will see painters in...

President Uhuru Kenyatta delivering a past address
ECONOMY

President Uhuru Kenyatta’s State of the Nation Address [FULL SPEECH]

President Uhuru Kenyatta on Thursday, November 12 delivered his seventh State of...

Motorcycle Kenya Vice Chairman, David Mbaya (left), is guided in testing some of the features of the newly launched Yamaha FZ25, 249-cc motorcycle by Toyota Kenya Managing Director, Arvinder Reel (centre) and the Chief Operating Officer, Joshua Anya.
FEATURED ARTICLE

Yamaha Targets Urban Commuters With 2 New Motorbike Models

Toyota Kenya has introduced two new motorcycle brands targeting commuters in urban...

Mobile phone users pictured on their phones
MEDIA

PesaCheck Appoints New Managing Editor

Fact-checking initiative PesaCheck has appointed former Hivisasa Content Manager Enock Nyariki as...

Macdonald Obudho (far right) at a hand-over ceremony
FEATURED ARTICLE

KNBS Appoints New Director General

The board of the Kenya National Bureau of Statistics (KNBS) on Monday,...

Cytonn CEO Edwin Dande addressing a past forum
FEATURED ARTICLE

Cytonn CEO: Why Uhuru’s Housing Project is Lagging Behind

Cytonn CEO Edwin Dande sought to explain why the affordable housing pillar...

A gate pictured at the Kakuzi farm
FEATURED ARTICLE

Former Safaricom Chair to Lead Kakuzi After Human Rights Scandal

Former Safaricom Chairman Nicholas Ng'ang'a has been elevated to chair the Kakuzi...

File image of Sportpesa shareholder Paul Wanderi Ndung'u
FEATURED ARTICLE

Sportpesa Shareholder Blows Lid on Behind-the-Scenes Fallout

Details have emerged of a simmering fall-out between top shareholders at Sportpesa,...

Kenya Power workers pictured undertaking repairs.
FEATURED ARTICLE

Blow to KPLC as as Kenyans Default on Power Bills

An outlook statement from Kenya Power and Lighting Company (KPLC) accompanying its...

Environmental activists in a past demonstration agains the proposed 1,050 MW coal-fired power plant in Lamu
FEATURED ARTICLE

Lamu Coal Power Plant: Talks to Save Stalled Mega-Project

Amu Power, the consortium behind the proposed 1,050 MW coal-fired power plant...

Kenyans pictured selling fruits and vegetables out of their cars
FEATURED ARTICLE

Inflation Jumps for the First Time Since April, Here’s Why

High food and fuel prices drove a jump in inflation in October,...

File image of a vial
FEATURED ARTICLE

Covid-19 Vaccine Trials Begin in Kenya

Trials for a leading Covid-19 vaccine candidate, ChAdOx1 nCoV-19, officially began in...

File image of an Absa bank branch
FEATURED ARTICLE

Absa to Plant 10 Million Trees by 2025 in Sustainability Drive

Absa Bank on Friday, October 30 launched its Sustainability Commitment Report, revealing...

The new Kenya Coast logo
ECONOMY

Magical Kenya Launches New ‘Kenya Coast’ Brand, 7 Sub-Brands [VIDEO]

The Kenya Tourism Board (KTB) on Thursday, October 29 unveiled a new...

Safaricom PLC CEO Peter Ndegwa is taken through a Lipa Na M-PESA process by Alexander Ondenyi a fruit vendor in Kakamega town during his visit in the town
FEATURED ARTICLE

Users to Get Free Data as Safaricom Unveils Improved App

Safaricom has updated its mySafaricom app, adding several new features in a...

Tanzanian Presidential candidates Tundu Lissu (left) and incumbent John Pombe Magufuli
FEATURED ARTICLE

Tanzania Elections: Tundu Lissu Rejects Poll Results [VIDEO]

Tundu Lissu, the main challenger to incumbent Tanzanian President John Pombe Magufuli,...

FEATURED ARTICLE

KU Students Win UN Person of the Year Award for Covid-19 Innovation

15 students from Kenyatta University who innovated ventilators to aid in the...

A Bolt user on a mobile device
FEATURED ARTICLE

Bolt Taxi Drivers Face Enhanced Vetting With DCI Roped In

Taxi-hailing service Bolt has announced enhanced background checks and vetting procedures for...

Samples of Kitui Aloe Beauty Soap displayed at the Kitui Expo 2020
FEATURED ARTICLE

After Masks Success, Kitui Now Manufactures Soap, Body Creams

Soon after the onset of the Covid-19 pandemic in Kenya, Kitui County...

Kawsar Auto Spares officials pictured at a ceremony welcoming the company to the Ibuka program
FEATURED ARTICLE

Auto Spares Dealer Admitted to NSE’s Ibuka Program

Mombasa based auto parts dealer Kawsar Auto Spares Limited became the 25th...

File image of an M-Pesa user
FEATURED ARTICLE

M-Pesa’s New Pochi la Biashara Feature: All You Should Know

A day after Safaricom celebrated its 20th anniversary in style, the telco...

Adrian Muteshi (left) and Deputy President William Ruto
FEATURED ARTICLE

Landowner Who Sued Ruto Dies in Nairobi

Adrian Muteshi, who made national headlines for taking on Deputy President William...

File image of NTSA officials during a past crackdown
FEATURED ARTICLE

Details of NTSA’s New EU-Funded Road Safety Programme

The National Transport and Safety Authority (NTSA) on Wednesday, October 28 launched...

Centum Real Estate branding pictured at a past trade show
MARKETSREAL ESTATE

Centum Real Estate to Float Ksh4B Project Bond

Centum Real Estate, a subsidiary of NSE-listed Centum Investment Company Plc, on...

One of the Diesel Multiple Units (DMU) pictured in Nairobi on October 27, 2020
FEATURED ARTICLE

Revamped Commuter Rail Service Gets Nairobians Talking [PHOTOS]

The Nairobi Commuter Rail service appears to be closer to taking off...

File image of a Safaricom shop
FEATURED ARTICLE

Free Calls, Data for Safaricom Customers as Company Celebrates 20th Anniversary

Safaricom rolled out a bag of goodies for its customers as part...

Safaricom CEO Peter Ndegwa speaks at an event to mark the company's 20th Anniversary on October 27, 2020
FEATURED ARTICLE

Safaricom CEO on Africa Expansion Plans, Company’s Future [VIDEO]

Safaricom CEO Peter Ndegwa on Tuesday, October 27 revealed details of the...

Image of female boda boda riders attending an event in Nairobi on October 26, 2020
FEATURED ARTICLE

Female Boda Boda Riders to Reap Big in New Govt Plan

Barely a week after President Uhuru Kenyatta launched an investment scheme for...

File image of Homeboyz CEO Mike Rabar
MARKETSMEDIASTOCKS

Homeboyz to List on NSE in 2020 – Mike Rabar

Homeboyz Entertainment CEO Michael Rabar on Monday, October 26 announced that the...

A set of Realme Buds Q
FEATURED ARTICLE

Buds Q: Realme Wireless Earbuds Launched in Kenya

Smartphone manufacturer Realme finally unveiled its new range of true wireless earbuds,...

File image of a car being fuelled
FEATURED ARTICLE

Fuel Station Scam: Investigation Launched After Motorists Raise Alarm

The Energy and Petroleum Regulatory Authority (EPRA) on Friday, October 23 launched...

File image of a group of youth in Kenya
FEATURED ARTICLE

Future Bora: Organizations Eye Ksh40M Grants in New Govt Initiative

A new World Bank-backed initiative rolled out by the Ministry of ICT...

Paypal logo displayed on a phone
FEATURED ARTICLE

Paypal Announcement Drives Up Bitcoin Price

An announcement by Paypal that it was entering the cryptocurrency market saw...

Snapshot of the DialaCoke delivery service
FEATURED ARTICLE

DialaCoke: Coca Cola Launches Home Delivery Service in Kenya

Soft drinks manufacturer Coca Cola has unveiled a new home delivery service...

Image of Ory Okolloh Mwangi at a past summit
FEATURED ARTICLE

EABL Appoints Ory Okolloh to Its Board of Directors

East African Breweries Limited (EABL) on Thursday, October 22 announced the appointment...

FEATURED ARTICLE

Why You Might Need to Wear a Mask While Having Sex

Well it seems Coronavirus prevention measures will be taken into the bedroom....

FEATURED ARTICLE

Inside KCB’s Soil-less Agriculture Project Tailored to Create 1.5 Million Jobs Over 5 Years

The Ministry of Agriculture is interested in collaborating with the KCB Foundation...

Tala Regional General Manager Ivan Mbowa. Just months after Tala celebrated its 5th anniversary, the fintech lender is promising a disruption of the digital lending sector as we know it. www.businesstoday.co.ke
SMART MONEY

Pain of Mobile Money Loans Drives Tala Down Road Less Travelled

Just months after Tala celebrated its 5th anniversary, the fintech lender is...

ARM Cement receives another extension on the suspension of trading of its shares, constituting the longest extension yeat and placing doubts on its recovery plan. www.businesstoday.co.ke
STOCKSMARKETS

ARM Cement Recovery Questionable Over Lengthy Suspension

The end to the woes of collapsed ARM Cement seem to be...

Pauline Omirera in the United States www.businesstoday.co.ke
FEATURED ARTICLE

A Woman After God’s Own Heart

When Pauline Omirera speaks, her modulated voice carries authority demanding undivided concentration....

IVF is one of the ways couples can use for assisted conception. Infertility is the inability to become pregnant after 12 months of regular unprotected sex and the WHO classifies it a disease. www.businesstoday.co.ke
FEATURED ARTICLE

Insurance Steps in to Cushion Infertile Couples From High Cost of Treatment

Infertility in Kenya is a death sentence for those who cannot have...

SMART MONEY

11 ways to make money while you sleep

You can actually make money while you sleep? Sound too good to...

FEATURED ARTICLE

9-year-old entreprenuer lands Sh100 million supply contract

How did a nine-year old entrepreneur, Mikaila Ulmer of Sugar Land, Texas,...

CBK headquarters in Nairobi
BUSINESSNEWSSTOCKS

Central Bank of Kenya Raises KSh 34.4 Bn for Budget Spending in June

Central Bank of Kenya(CBK) received bids worth KSh 34.4 billion from the...

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

KRA Steps Up Push for Tax Compliance Ahead of June 30 Deadline

As the June 30 tax return deadline draws closer, the Kenya Revenue...

Paypal Kenya
BUSINESS

PayPal and Hetzner Squeeze African Businesses

History suggests that waiting for established players to reform rarely delivers swift...

Kenya Power to Deploy 45 EV Charging Stations in Push for Green Mobility
ENERGYTECHNOLOGY

Kenya Power Kicks Off Tariff Transition for Electric Vehicle Customers

Kenya Power, the state-owned electricity distributor, has commenced an exercise to mop...