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Why Kenya’s economic prospects look promising

The economy seems to be ignoring politicians as GDP growth in the last two elections indicate.

ERC releases findings of assessed petroleum sites

The Commission is responsible for continuous monitoring of the quality of petroleum motor fuels on sale, transport and storage throughout the country.

Mauritius PE firm behind buyout of retailer Tumaini

A Tumaini Supermarket outlet. FILE PHOTO | NMG  Mauritius-based Adenia Partners is the firm behind buyout of Kenya’s emerging retail chain Tumaini Self Service adding to the list of...

Kenyans warned of malware targeting bank systems

The Communications Authority of Kenya (CA) has put the public and local institutions on notice over an increasing rise in detection of a network-targeting malware called ‘Emotet’. The...

Lake Kenyatta breathes life again. But not all is ok

Lake Kenyatta in Mpeketoni, Lamu County, as it is in December 2018. PHOTO | KALUME KAZUNGU | NMG  Between 2016 and 2017, Lake Kenyatta --located in Mpeketoni in Lamu County -- was...

Tuskys ends speculation on NSE listing

Tuskys supermarket has given its clearest indicator yet of listing at the Nairobi Securities Exchange (NSE) bourse ending the long-standing speculation on the largely anticipated undertaking....

Coast hotels cash in on domestic tourism boom

Tourists on the Jomo Kenyatta Public Beach on December 30, the last Sunday of 2018. PHOTO | WACHIRA MWANGI | NMG  Hotels at the Kenya's Coast region are enjoying a tourism boom over the...

Treasury’s 10-year bonds attract low bids over holidays

The National Treasury missed its target sale of the 10-year bond by Sh7.22 billion following the holidays.Central Bank data shows the Treasury bond reopened on December 27 and received Sh6.62...

END-YEAR REVIEW: Private sector completes one year of growth

Private sector activity reported a rebound in growth characterised by stability in the macroeconomic environment following an election year.Strong growth was reported in manufacturing,...

Two-thirds of Tanzania’s fx bureaus face closure

A security guard outside a bureau de change shop in Tanzania. FILE PHOTO | NMG  Just about a third of Tanzania's forex bureaus have complied with a new law on the forex business in the...

END-YEAR REVIEW: Jinxed year 2018 wash away NSE investors’ wealth worth over Sh600 billion

This year is shaping up to be one of the worst for investors at the Nairobi Securities Exchange (NSE) as prices of various blue chips fall to a new low.Already, share prices for more than a half...

Kenya’s sugar imports increased ahead of the festive season

Sugar being offloaded at the Mombasa port. FILE PHOTO | NMG  Sugar imports in November grew by 107 percent compared with the same period last year, as more traders shipped in the...

State official orders staff to post daily work output on WhatsApp

Logo of WhatsApp. PHOTO | STAN HONDA | AFP  Civil servants working in various national government agencies and departments in Makueni County are now required to publish their daily...

Equity Bank scoops VISA top acquirer award

NAIROBI, Kenya, Dec 31 – Equity Bank has scooped the Visa Top Acquirer Award for pushing the highest Visa card volumes in 2018.   Equity currently has 14,642 merchants with some of the most...

New vehicle sales up 20pc to 14,000 units

Imported cars at a yard in Mombasa. Photo | Kevin Odit | NMG  Sales of new vehicles in 2018 topped the 14,000 units mark, a growth of more than 20 percent compared to the previous year,...

State-owned sugar mills owe KRA Sh17.1bn in tax arrears

Workers arrange bags of sugar at Mumias Sugar Company store on September 28, 2018. Five State-owned millers owe the Kenya Revenue Authority a total of Sh17.1 billion. FILE PHOTO | NMG  ...

NCE: Coffee earnings increase in current quarter

Nairobi Coffee Exchange has reported that coffee rose by Sh1 billion in the fourth quarter of 2018.

Nissan boss arrest part of ‘internal revolt’

Caroline Ghosn said when she saw Nissan CEO Hiroto Saikawa on television condemning her father

With new residents, Happy Valley has little to smile about

The enduring image of Happy Valley is one of decadence with drugs, alcohol, sex and suicides

Lack of power foils Nyanza, Western growth as blackouts plague region

A Kenya power technician at work. South Nyanza has doubled its electricity demand for the domestic load from 51-Gigawatt hours (GWh) to 106GWh. FILE PHOTO | NMG  If you are in western...

Amazing: Congo cartoonist set to sketch new president

After Kabila finally agreed not to defy presidential term limits, Kash drew a weeping Joseph with his signature salt-and-pepper beard.

Inside Uhuru’s Big Four plan, one year later

Uhuru also froze all new development projects except for those related to the Big Four.

Chinese firm inks deal to build Sh4.8bn hospital in Machakos

Several hospitals are lined up in the country as the government and private players move to plug gaps in the provision of healthcare. FILE PHOTO | NMG  Chinese firm Zhongcheng Import and...

KRA takes on foreign companies evading tax

The taxman also sought to recover Sh2.2 billion in unremitted tax from Chinese firm Housemart Company.

The year began on a promising note but was disappointing

A farmer picks ripe coffee beans from her farm in Nyeri. PHOTO | FILE  The year was a big disappointment to most coffee farmers across the country. But at the beginning of the year,...

Business faces and firms that were the talk of town in 2018

The year presented a mixed bag of treats for many business leaders as the economy sought to recover lost ground from the tumultuous 2017 Election

Telkom in push to have cross-network agent dealings

Telkom CEO Mugo Kibati. FILE PHOTO | NMG  Telkom Kenya is pushing for implementation of agent and merchant interoperability to ease the process of cross-network transfers.This year,...

Judge dismisses suit against Google over facial recognition software

Judge Edmond Chang said the court lacked “subject matter jurisdiction because plaintiffs have not suffered concrete injuries.”

Unending conflicts cost Laikipia billions in missed investment

A man sweeps a section of a road in Nanyuki town, Laikipia County on July 4, 2018. The town has received a major facelift. FILE PHOTO | NMG  Perennial clashes in Laikipia County have...

Kenya risks being kicked out of international coffee market: experts

Coffee experts from Embu county have warned that Kenya risks being suspended from International Coffee Market as the country coffee has not been able to reach 1percent of the world productions....
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News Just in

DP Ruto: We have confidence in the Judiciary

Deputy President William Ruto has asked the judicial arm of the Government to discharge its mandate diligently and in accordance with the Constitution....

Wife and father of Riverside suicide bomber arrested in Mombasa

She was named as Shaila Mwalim Bakari. NAIROBI, Kenya Jan 19 – Police have arrested the father and wife of the Mahir Khalid Riziki,...

How I met Diamond Platnumz

Diamond and Tanasha Donna have been trending since late 2018. It seems like the singer is ready to settle down with his...

GIS System Administrator Job

Job Group K Responsibilities To oversee data automation and maintenance of the Geo-spatial database, including data standards and quality assurance,...

Four years on: The day Kenya’s brave school children were teargassed but prevailed against land grabbers

It is exactly four years today since the anti-riot police lobbed tear gas canisters at Lang'ata primary school pupils and activists protesting against the...

Officers on the hunt for fugitive wife of slain Dusit terrorist

Police have trained their guns on one woman believed to have been at the centre of the Tuesday terror attack at the...

Tax cuts begin in 12 days as power bill refund starts

A Kenya Power technician. FILE PHOTO | NMG  Manufacturers are set to start paying reduced...

Paul Muite Identifies Loophole for Terrorists in New Directive

Senior Counsel Paul Muite, on Saturday, chimed on the debate to arm private guards as announced by Private Security Regulatory CEO Fazul Mohamed. Taking to his...

Ojaamong hails change of guard at the Council of Governors

Busia Governor Sospeter Ojaamong has hailed the change of guard at the Council of Governors saying it was a plus to devolution.   Ojaamoong says the...

Serena consoles Ukrainian teen after sailing into last 16

Serena Williams powered into the fourth round of the Australian Open on Saturday with a 6-2 6-1 demolition of Dayana Yastremska then consoled the...
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