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Businesses suffer losses on Kenya Power's token hitch

Nairobi, July 30 -- Businesses and households have suffered losses and inconvenience following a technical glitch in Kenya Power's token vending system that persisted for more than 17 hours by Thursda... Read More


Mrima Hill niobium deal calls for transparency

Nairobi, July 30 -- The government should approach procurement of global mining companies and developers for Kwale County's Mrima Hill niobium and rare earths project with more transparency. On Wedne... Read More


Affordable housing is building Kenyans' dignity, not just homes

Nairobi, July 30 -- Housing is often discussed as a matter of walls, roofs and finishing. That is too narrow a view. In economic terms, housing is one of the clearest tests of whether a country is tra... Read More


Uganda revives stalled CEO hiring at Kenya Pipeline

Nairobi, July 30 -- The Ugandan government has appointed directors to the board of Kenya Pipeline Company (KPC) Plc, reviving the stalled recruitment of the firm's chief executive under a new charter ... Read More


Former Treasury boss lifts lid on Ruto's one-man show leadership

Nairobi, July 30 -- The former Cabinet Secretary for the National Treasury has described President William Ruto's leadership style as a one-man show in which the Head of State overshadows independent ... Read More


Birju Sanghrajka on his rise to the top and where the bank will seek profits

Nairobi, July 30 -- Standard Chartered Bank Kenya tapped an insider to steer the firm back to profit growth amid lower lending margins that triggered a 26.3 percent earnings fall in quarter one. The ... 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


Treasury bans interest on stablecoins to protect bank deposits

Nairobi, July 29 -- The National Treasury has banned interest payments on stablecoins, regardless of how long they are held, a strategy aimed at preventing issuers from acting as unregulated banks. I... Read More


BAT bets big on nicotine after getting regulatory clearance

Nairobi, July 29 -- BAT Kenya is betting that nicotine pouches will account for up to a fifth of its annual sales, riding on regulatory changes that paved the way for the cigarette manufacturer to lau... Read More


Catholic church faces eviction over 50-year-old land deal debt

Nairobi, July 29 -- A Catholic church in Siaya County is facing eviction from a land parcel over an unpaid Sh50,000 from a purchase deal dating back to 1976. The Environment and Land Court ruled that... Read More