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KMC survival in doubt over mounting losses

Nairobi, July 12 -- Auditors have expressed doubt over the long-term survival of the State-owned Kenya Meat Commission (KMC) due to sustained losses that are straining its ability to continue as a goi... Read More


Banks cut lending to parastatals by Sh60bn as reforms raise risk

Nairobi, July 12 -- Commercial banks have cut lending to State corporations by more than two-thirds, or Sh59.7 billion in two years as legal reforms and tighter National Treasury controls prompt lende... Read More


How Sh299bn fees crashed Mau-Summit toll road deal

Nairobi, July 12 -- A standoff over a Sh299 billion service fee over 13 years prompted the Ruto administration to cancel a deal with a consortium of French contractors for the construction of the Riro... Read More


Kenya has third highest number of staff at AfDB

Nairobi, July 12 -- Kenya has the third highest number of employees at the African Development Bank (AfDB), pointing to the big influence that the country has in the pan-African lender. An analysis o... Read More


Investor compensation fund swells to Sh6.8bn

Nairobi, July 12 -- The capital markets Investor Compensation Fund (ICF) grew by Sh1 billion to Sh6.84 billion in the year to June 2025, on higher income from government securities and transaction fee... Read More


KPLC is setting standard for State-owned firms

Nairobi, July 12 -- Growing up in Kenya in the 20th century, Reddy Kilowatt, a cartoon character with a red, lightning-bolt body, was a familiar brand icon for the Kenya Power and Lighting Company (KP... Read More


Kenya Re pumps Sh284m in Zambia subsidiary on new capital rules

Nairobi, July 12 -- Kenya Reinsurance Corporation increased its investment in its Zambian subsidiary by Sh284 million last year, more than doubling its total capital in the unit to meet the revised ca... Read More


Court backs KPLC's termination of Sh410m poles contract

Nairobi, July 12 -- The High Court has upheld Kenya Power's decision to terminate a Sh410.6 million electricity poles supply contract after finding the supplier repeatedly failed to meet delivery dead... Read More


Longevity demands a rethink in retirement plans of many Kenyans

Nairobi, July 12 -- Kenyans are living longer than before. Advances in healthcare, better nutrition and healthier lifestyles mean more people can look forward to reaching retirement and enjoy many ful... Read More


Phone addicts turn to therapy after burnout, anxiety take toll

Nairobi, July 12 -- They arrive for therapy complaining of anxiety, poor sleep, relationship problems or burnout. Rarely do they say they are addicted to their phones. As psychologists dig deep, they ... Read More