Wednesday Morning Power Outage Blamed on Fault in Tanzania Connection
Energy Cabinet Secretary Opiyo Wandayi has hinted that the nationwide power blackout on Wednesday morning was as a result of a technical hitch on the Kenya-Tanzania power corridor. “We as [...]
Bamburi Cement-Amsons Group Deal Kicks Off with KSh 8.9 Bn Stake
Tanzania’s Amsons Group has kicked off the KSh 23.6 billion Bamburi Cement buyout deal, acquiring the first batch of the listed cement manufacturer's shares at KSh 8.91 billion in a [...]Veterinarians Request Gov't to Halt Livestock Vaccination amid Public Distrust
The Kenya Veterinary Association (KVA) doubts the government's ability to conduct an effective nationwide livestock vaccination exercise in January next year without enough public sensitization and rigorous communication. “For vaccination [...]Government Blocks Non-Electric Cars From BRT Line
Cabinet has approved implementation of the Clean Bus Rapid Transit (BRT) System in response to transportation challenges in the Nairobi metropolis. “This project will encompass transport infrastructure development, traffic management, [...]CS Aden Duale Revokes Ngong Forest Developer's Licenses
Environment Cabinet Secretary Aden Duale has ordered The National Environment Management Authority (NEMA) to quash the license of a private developer setting up a golf range and restaurant within the [...]Kenya Extends the G-to-G Oil Import Deal
Cabinet has extended the Government-to-Government (G-to-G) oil import deal with three Gulf oil companies that helped ease pressures on the exchange rate. “This arrangement has eased the monthly demand for [...]KRA Recovers Ksh 549Mn From Staff Lifestyle Audit
Summary dismissals rose sharply at the Kenya Revenue Authority (KRA) to 25 cases in Q1 of FY 2024/2025 from seven last year. “Other key anti-corruption measures include profiling of tax [...]Gamblers' Average Spend Hits Ksh 1,825- Finaccess Survey
The perception of gambling as a potential income source is growing among younger, urban, and educated individuals, results of the 2024 Finaccess Household Survey show. “Among these, urban respondents showed [...]Private Hospitals Call Out Gov't for not Paying KSh 29bn in NHIF dues
The Rural and Urban Private Hospitals Association (RUPHA) is demanding KSh 29 billion owed to them by the defunct NHIF, failure to which, patients seeking medical services in the hospitals [...]How to Protect Your Savings During Inflation in Kenya
Inflation, the gradual increase in prices over time, erodes the purchasing power of your money. In Kenya, where inflation rates have fluctuated due to various economic factors, safeguarding your savings [...]
Kenya’s Monetary Policy: A Missed Opportunity?
In December 2024, Kenya’s economic story reached a pivotal chapter. The Central Bank of Kenya (CBK), at its highly anticipated Monetary Policy Committee (MPC) meeting on December 5, faced a [...]How to Start an Investment Portfolio in Kenya for 2025: A Guide
Building an investment portfolio is an essential step toward financial freedom, and for many Kenyans, 2025 offers a prime opportunity to take that step. With the country’s growing economy, diversified [...]
