State firms widen risk with Sh17 billion unsecured loans

Nairobi, Oct. 8 -- State corporations increased their commercial borrowing outside government guarantees by 38.2 percent to Sh62 billion in the year to June 2026, exposing the Treasury to growing cont... Read More

Treasury clears Co-op Bank 'loan' in Sh13bn debt write-off

Nairobi, Oct. 8 -- Co-operative Bank is among 11 firms that have received a Sh12.9 billion legacy debt write-off from the National Treasury, with some loans dating back to the 1970s. The Treasury say... Read More

Road construction dips by 62 percent in four years

Nairobi, Oct. 7 -- The government has cut the pace of construction of new roads by 62 percent over the past four years of the current administration, official data shows, with the length tarmacked sta... Read More

Rent-to-own option traps affordable homes billions

Nairobi, Oct. 7 -- The government is struggling to turn its affordable housing programme into cash to fund the next phase of accelerated construction, with completed homes filling faster than revenue ... Read More

Rising costs choke firms despite growing demand

Nairobi, Oct. 5 -- Businesses are passing rising fuel, transport and agricultural costs to consumers at the fastest pace in nearly three years as stronger demand and improving cash flows revive privat... Read More

US overtakes Uganda as Kenya's top export market

Nairobi, Oct. 4 -- Kenya's earnings from exports to the US market surpassed Uganda's in the five months to July 2026, amid resumed orders following the restored preferential market access terms under ... Read More

Civil service hiring surpasses exits for the first time in four years

Nairobi, Oct. 1 -- The number of workers joining the civil service has exceeded those leaving for the first time in four years, signalling a reversal in the workforce contraction in State ministries a... Read More

Dangote breaks ground on Sh2trn Lamu refinery, shares Africa wealth-building vision

Nairobi, Oct. 1 -- Aliko Dangote on Wednesday broke ground on a Sh2 trillion industrial project that is aimed at reducing East Africa's dependence on imported fuel. While on his Kenya duty, Africa's w... Read More

How repeat Dubai trips exposed high-end phones smuggling route at JKIA

Nairobi, Oct. 1 -- Suspicious repeat short trips by a passenger between Nairobi and Dubai have led to the discovery of a scheme some shrewd traders use to ship in undeclared high-value smartphones thr... Read More

Early winners as Lamu refinery project kicks off

Nairobi, Sept. 30 -- Engineering and technology firms are early winners in the Sh2.1 trillion Dangote Industries oil 700,000-barrel-per-day (bpd) refinery project in Lamu, bagging contracts worth more... Read More

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