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Local contractors sue State over tax breaks for Chinese firms

Nairobi, Sept. 24 -- Local contractors and truck owners have moved to court seeking orders to compel the government to publish tax and duty concessions to Chinese contractors undertaking infrastructur... Read More


How much should you spend on eating out? What financial experts say

Nairobi, Sept. 24 -- Hailey Sabai can count on one hand the number of times she has cooked in the last month. "Like last week, other than warming some food I bought from the supermarket, I haven't co... Read More


Kenya cash outflows fall by Sh25bn on Trump NGO cuts

Nairobi, Sept. 24 -- The termination of big-ticket non-governmental organisation (NGO) contracts by the US government in Kenya triggered a Sh25.3 billion drop in the flow of money out of the country l... Read More


'Odd was ordinary': The unusual life of Anselm Croze

Nairobi, Sept. 24 -- When Anselm Croze was born, his mother had her ducks smuggled into the maternity ward and hidden under her bed, because they had refused to eat without her. The family lived on a ... Read More


Banks term capital rules on large lenders 'premature'

Nairobi, Sept. 24 -- Lenders have rejected the recently published draft prudential guidelines on domestic systemically important banks, arguing the rules by the Central Bank of Kenya (CBK) have the wr... Read More


Quickmart brings back dividends to NSE's commercial services

Nairobi, Sept. 24 -- The imminent listing of supermarket chain Quickmart is set to bring back dividends to the commercial and services segment of the Nairobi Securities Exchange (NSE), diversifying th... Read More


Kenya Power cuts supplier late payment penalties to Sh290m

Nairobi, Sept. 24 -- Kenya Power cut interest charges on late payments to suppliers by nearly a quarter to Sh290.3 million in the year ended June 2026, helped by an improvement in its working capital ... Read More


Africa Spirits wins 'Glen' whisky brand war against Scotch Whisky Association

Nairobi, Sept. 24 -- Kenya's Africa Spirits Limited (ASL) has won a trademark and passing-off case against the Scotch Whisky Association (SWA) over its 'Glen Rock' whisky brand. SWA, which represents... Read More


Record oil tanker costs brew up fresh pressure on fuel prices

Nairobi, Sept. 23 -- Record-high crude oil tanker freight rates signal fresh pressure on fuel prices at the pump and household energy bills as the fallout from the Middle East crisis widens. The cost... Read More


The borrowed champion

Nairobi, Sept. 23 -- On Monday in New York, at an Accra Reset convening beside the 81st UN General Assembly, President William Ruto said Africa must be a builder of the technologies defining this cent... Read More