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Gathungu raises doubts on Sh206bn cash transfers on eCitizen

Nairobi, April 23 -- Auditor-General Nancy Gathungu has questioned the veracity of the financial statements of the eCitizen, after a review flagged widespread inconsistencies for the year ended June 2... Read More


Mivida Homes enters luxury market with Sh5.6bn project

Nairobi, April 23 -- Residential property developer, Mi Vida Homes, has launched a Sh5.6 billion ($42 million) project in Tatu City, marking its entry into Kenya's luxury housing segment. The develop... Read More


Roadblocks, transit delays targeted in Northern Corridor revamp plan

Nairobi, April 21 -- The State Department for East African Community (EAC) Affairs targets new reforms to restore the efficiency and competitiveness of the Northern Corridor by eliminating costly non-... Read More


NGOs and charity firms cut expat jobs to a five -year low

Nairobi, April 20 -- The number of expatriates employed in the Public Benefits Organisation (PBO) sector in Kenya, which includes non-governmental organisations (NGOs) and charity firms, has dropped t... Read More


Britam and Singaporean lodging firm Ascott in Nairobi hotel deal

Nairobi, April 14 -- Singapore-based international lodging owner-operator the Ascott Limited has expanded its footprint in Nairobi with the signing of a new hotel facility planned for construction in ... Read More


Oil firms get Sh3.5bn for losses at defunct refinery

Nairobi, April 7 -- The State released Sh3.52 billion to compensate oil marketing firms for losses incurred at the defunct Kenya Petroleum Refineries Limited (KPRL), Auditor-General Nancy Gathungu sai... Read More


Gathungu flags irregular pay for 'absent' top refineries officer

Nairobi, April 7 -- Auditor- General Nancy Gathungu has flagged irregular salary payments to a senior officer of the Kenya Petroleum Refineries Limited (KPRL) who continued to earn from the company de... Read More


Kenya small businesses to tap IFC's planned Sh6.7bn fund

Nairobi, March 1 -- The International Finance Corporation (IFC) proposes to invest up to Sh6.7 billion ($52 million) in microfinance institution, Platcorp Holdings Limited, to boost its liquidity and ... Read More


Spiro bags Sh6.45bn debt financing to expand electric motorbike network

Nairobi, Feb. 24 -- Electric motorcycle company Spiro has secured fresh Sh6.45 billion ($50 million) debt funding from African Export-Import Bank (Afreximbank) and two other investors to support the e... Read More


Vehicles assembly rises 18pc to hit new high on tax breaks

Nairobi, Feb. 21 -- Motor vehicles assembled in Kenya rose 18.5 percent to hit a new high of 13,692 in the year ended December 2025, driven by expansion of new models being put together at plants in N... Read More