Cooking oil prices climb back to highs of 2022 crisis

Nairobi, Aug. 5 -- The price of cooking oil has climbed back to its highest level since the global food crisis of 2022, exposing households to renewed pressure from international commodity markets and... Read More

Short-term jobs rise as firms scramble to service new orders

Nairobi, Aug. 5 -- Private firms in Kenya stepped up recruitment of workers on short-term contracts in July as they raced to cope with rising new orders despite overall production contracting for a fi... Read More

The main sectors banks expect to drive Kenya's economy

Nairobi, Aug. 4 -- Commercial banks are betting on traders and builders as the country's drivers of economic expansion, channelling more than half of fresh credit into commerce and construction busine... Read More

DP World's Mombasa deal deepens Kenya footprint

Nairobi, Aug. 4 -- Dubai-headquartered ports and logistics firm DP World has inked a deal to develop an industrial park on the Kenyan coast, signalling plans to diversify into light manufacturing, war... Read More

Power imports surpass local wind generation

Nairobi, Aug. 3 -- Electricity imports from Ethiopia and Uganda overtake local wind generation as the country increasingly relies on neighbouring nations to starve off blackouts and power rationing. ... Read More

KRA shifts to blockchain technology to cut cargo delays

Nairobi, July 31 -- The Kenya Revenue Authority (KRA) targets a shift to a blockchain-powered trade platform to speed up cargo movement by replacing cumbersome paperwork with instant digital records. ... Read More

Costly transport pushes inflation to second-highest level in 30 months

Nairobi, July 31 -- Kenya's average year-on-year consumer inflation rose to 6.5 percent in July, the second-highest level in 30 months, largely on elevated transport costs. Data by the Kenya National... Read More

Banks shift billions from logistics to construction

Nairobi, July 29 -- Commercial banks placed their biggest bets on construction projects while quietly pulling billions of shillings out of the logistics and communications sectors in the year to April... Read More

Mbadi seeks planning law after Sh203bn budget jump

Nairobi, July 28 -- State House, the Ministry of Defence and the National Treasury were among the biggest drivers of the Sh203 billion recurrent budget burst in the financial year ended June 2026, wit... Read More

Taxes propel infrastructure projects revival after years of cuts

Nairobi, July 27 -- The value of development projects funded through taxes in the financial year ended June 2026 grew at the fastest pace in more than a decade, signalling a renewed push to finance in... Read More

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