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EABL saga: The cost of regulatory uncertainty

Nairobi, July 23 -- Seven months ago, Asahi Group Holdings agreed to buy Diageo's controlling stake in East African Breweries - a $ 2.3 billion transaction, one of the largest cross-border deals the l... Read More


Missing pillar in Kenya's sovereign wealth fund

Nairobi, July 16 -- Last week's ceremony at State House had all the trappings of a historic moment. President William Ruto signed the Sovereign Wealth Fund Act, 2026 into law, flanked by the Deputy Pr... Read More


Kenya can't afford another Telkom experiment

Nairobi, July 9 -- Word from a well-placed insider: the government is about to go shopping, again, for a strategic investor to run and refinance Telkom Kenya. It is the height of irony that a multibil... Read More


Kenya must get it right on Mrima Hills minerals

Nairobi, July 2 -- The Ministry of Mining is on the verge of announcing the shortlist for a niobium and rare earths mining licence for Mrima Hills in Kilifi. Thirteen companies from China, the United... Read More


The new frontiers for grand corruption

Nairobi, June 25 -- Trade and regulatory arbitrage are becoming the new frontier for grand corruption in Kenya. Consider what Parliament has just done to the sugar industry. Under the populist banner... Read More


What budget speeches will not tell you

Nairobi, June 18 -- In terms of theatrical delivery, and in articulating the sweeping spending and revenue decisions central to economic policy, Treasury Cabinet Secretary John Mbadi's performance dur... Read More


Weight of court verdict on NSSF deductions

Nairobi, June 11 -- The news of the Court of Appeal judgment hit the retirement benefits sector like a thunderbolt. A three-judge bench delivered a ruling that threatened to upend the entire legal fra... Read More


Court verdict's import on NSSF deductions

Nairobi, June 11 -- The news of the Court of Appeal judgment hit the retirement benefits sector like a thunderbolt. A three-judge bench delivered a ruling that threatened to upend the entire legal fra... Read More


CBK gold purchase plan a game-changer

Nairobi, June 4 -- A well-placed source recently told me that the government is at an advanced stage of considering plans to launch gold monetisation. Under the proposal, the Central Bank of Kenya (CB... Read More


How tax flip-flops hurt industrialisation dream

Nairobi, May 28 -- As the public debate over Finance Bill 2026 rages, the loudest arguments are predictably about numbers - whether a 25 percent excise duty is too high, or whether a particular VAT re... Read More