SACCOs across the country are feeling the heat following a multi billion fraud scandal implicating the Kenya Union of Savings and Credit Co-operatives (KUSCCO). This follows a directive from the gover...
The Competition Authority of Kenya (CAK) has introduced the Competition (Amendment) Bill, 2024, aiming to crack down on digital monopolies and level the playing field for businesses in the digital eco...
The government has now warned that it is going to institute forceful recovery of Hustler Funds loaned to Kenyans. This comes as millions of citizens have defaulted the loans, jeopardizing the funds...
A nation’s economic sustainability largely depends on financial resources, primarily derived from taxation and borrowing. Like many countries, Kenya relies heavily on these two sources to financ...
The Business Barometer 2025 report by the Kenya National Chamber of Commerce and Industry (KNCCI) serves as a stark reminder that excessive government involvement in economic growth is, in fact, slowi...
Addis Ababa, Ethiopia – The Ethiopian Ministry of Finance and Ethiopian Electric Power (EEP), has signed a Memorandum of Understanding (MoU) with the African Trade Insurance Agency (ATIDI), a le...
We now have a new theme for World Cancer day for the next three years “United in our goals, unique in our needs”. But what does this mean for patients, caregivers and clinicians? This st...
Former Kiambu Governor Ferdinand Waititu has been sentenced to 12 years in prison or pay a fine of Sh53.5 million after being found guilty of corruption-related charges. His wife, Susan Wangari, was a...
Equity Bank has lowered the interest rates on its loans by 3 per cent, which is the biggest cut they’ve ever made. The cut is expected to ease access to loans. Beginning February 13, 2025, new l...
The National Authority for the Campaign against Alcohol and Drug Abuse (NACADA) has identified friends and lecturers as key sources of drugs and substances used by university students. According to da...
As the world races to address the escalating climate crisis, the United States’ decision to boycott the upcoming G20 summit in South Africa is raising concerns that progress in global climate action...
The growth of Kenya’s private sector in 2025 faces significant hurdles due to high taxation, unfavorable government policies, and limited access to capital, according to the latest Kenya National Ch...
Apple has release new features for its products in a bid to addresses a critical security vulnerabilitiesties within the accessibility framework. Apple released iOS 18.3.1, iPadOS 18.3.1, and iPadOS 1...
Kenya Power has announced investing nearly Sh1 billion to expand electricity infrastructure in the Western Kenya region. The utility service provide says the move is aimed at improving connectivity an...
The Kenya Revenue Authority (KRA) has suffered a significant cybersecurity breach, raising concerns over the security of critical national systems. The attack, which disrupted operations and potential...
Experts and business leaders are optimistic about Africa’s economic future , highlighting both opportunities and challenges that lie ahead. A recent analysis found that Africa’s economy is poi...
People living in Nairobi’s informal settlements are experiencing a severe nutritional and health crisis due to food insecurity and poor diet quality. According to recent research by African Cities R...
Private sector activity weakened at the start of 2025, driven by challenging economic conditions and reduced client demand. The Stanbic Bank Kenya Purchasing Managers’ Index (PMI), which assesses bu...
The Central Bank of Kenya (CBK) has written to 13 banks, requesting them to outline their plans for progressively increasing their core capital to Sh3 billion this year and Sh10 billion by 2032. Speak...
Vivo Energy Kenya, the distributor of Shell V-Power fuel, has firmly refuted recent allegations questioning the quality of its fuel. The company’s Managing Director, Peter Murungi, addressed the...
