What Happens When a Startup Collapses?
Startups are precarious enterprises because they rely on equity funds and debts sourced from hawk-eyed investors. While many ideas are brilliant, implementing them remains a pipe dream. Either because they [...]
Top 5 Richest Cabinet Secretaries in President Ruto’s Government
In President William Ruto’s administration, several Cabinet Secretaries have distinguished themselves through their political roles and considerable wealth. Here’s a look at the top 5 richest Cabinet Secretaries, their political [...]
The Rise of Athi River as a Manufacturing Destination
Athi River has transformed over the past few decades, emerging as one of Kenya’s key industrial and manufacturing hubs. Its strategic location, coupled with improved infrastructure and government support, has [...]Benefits of Relocating Your Business to an Industrial Park
Kenya set out to diversify its economy by reducing its reliance on agriculture and expanding its industrial sector. Industrial parks became central to this strategy, offering businesses the infrastructure and [...]Kenya Wildlife Service Budgets KShs. 3.8Bn to Tackle Human -Wildlife Conflict in 2024-28 Plan
The Kenya Wildlife Service (KWS) is facing Ksh19.8 billion deficit to implement Ksh98.3 billion 2024-2028 strategic plan. The strategic plan has identified five key areas among them community participation and [...]Bill to Split Mobile Money from Telcos Enters Second Reading
Members of Parliament debated the Kenya Information and Communications (Amendment) Bill 2022 on Wednesday last week, hastening the intention to split mobile money services from their umbrella telcos. The amendment [...]Unga Group Cuts Full Year Losses to KSh669.6 Mn
Unga Group narrowed its losses to KSh669.6 million in the full year ended June 2024 from KSh959.4 million posted previously on reduced costs. Finance costs edged lower by 28.7% to [...]Safaricom Revives Talks with Starlink as Competition Heats Up
Safaricom PLC has confirmed it is in talks with Elon Musk’s Starlink and other satellite companies, as competition heats up in its home market where it enjoys a dominant position [...]Gov't Bill Seeks to Regulate Churches, Tax Non-Charitable Activities
Senator Danson Mungatana (Tana River, UDA) has proposed a new bill that would establish the office of registrar for religious organisations such as churches, which would issue or revoke registration [...]Starlink Introduces Cheaper Mini' Kit in Kenya, Costs KSh 27,000
Satellite internet provider, Starlink, has unveiled the Starlink Mini Kit' which will cost KSh 27,000 (US$30.87) and serve a maximum speed of 100mbps. Safaricom upgraded its speeds as opposed to [...]Govt, Safaricom-led Consortium Snub Social Health Fund Migration Briefing Few Days to Rollout
A meeting convened by the Ministry of Health and the private sector on Friday to brief media on the 1st October 2024 migration from the National Hospital Insurance Fund (NHIF) [...]
Gov't Seeks KSh 30bn from Reopened Bonds in October Sale
The Central Bank of Kenya (CBK) is seeking to raise KSh30 billion from two reopened bonds for budgetary support in October sale. The bonds will be listed on the NSE’s [...]
