Business

Exploring The Perils of ‘Pre-mature’ Ruto-Raila Alliance

Kenya's politics, like politics anywhere in the world, has seen the formation of alliances that have achieved their intentions: capturing power. Some of these alliances, however, have been politically impotent. Take, for instance, the G7 Alliance; a political coalition formed around 2010-2011 by a group of influential leaders opposed to then-Prime Minister Raila Odinga ahead of the 2013 General Election. Or consider the One...

Trump is Right: No Deal Means World War 3

During a tense bilateral meeting aimed at finalising a deal to resolve the Ukraine- Russia crisis, President Donald Trump accused Ukrainian President Volodymyr Zelensky of "gambling with World War III," abruptly derailing the planned agreement. Trump’s warning carries weight. Since the conflict began, relentless military involvement by major global powers has heightened tensions. Russia, motivated by realist concerns to protect its national security, has...
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National Treasury Explores PPP Models For Mega Projects After Adani Group’s exit.

The National Treasury is exploring alternative public-private partnership (PPP) models to finance the country’s mega infrastructure projects following the cancellation of Adani Group-led initiatives...

Mwananchi Credit Takes Top Honours As Kenya’s Most Preferred Lender – Kenya Track Survey

Mwananchi Credit Limited has again shot up the list of Kenya's most preferred lending companies. In a survey conducted by the well-known research firm...

Big 5 Construct Kenya opens in Nairobi, uniting construction professionals with 150+ local and international companies 

What you need to know The largest construction industry event in the country, Big 5 Construct Kenya, is expected to attract over 8,500 high-profile buyers...

Starlink Suspends New Subscriptions In Kenya

In a surprise move, Starlink has paused new subscriptions in Kenya’s capital, Nairobi, and five neighboring regions, citing high demand straining its network capacity....

Another Loan for Kenya: IMF forks out KES 78 Billion for Ruto Govt

The IMF Executive Board has completed the review of Kenya's economic programs, approving KES 78.1 Billion ($606 million) in combined disbursements. According to IMF,...

Big 5 Construct Kenya Returns in 2024, Endorsed by the Ministry of Lands, Public Works, Housing, and Urban Development

What you need to know The event takes place from 6 – 8 November 2024 at the Sarit Expo Centre in Nairobi The event will connect...

JP Morgan Formally Gets Nod to Set Up Office In Kenya

JP Morgan Chase & Co, the largest U.S. bank with assets totaling $3.875 trillion, will now open a representative office in Kenya under the name...

KETRACO Signs Mega 30-year Deal With Adani Energy Solutions Amid Uproar From Kenyans

The Kenya Electricity Transmission Company (KETRACO) has announced the successful signing of a Project Agreement with Adani Energy Solutions Ltd undertaken on the 9th...

Absa Bank Slammed with Over KSh 7 Million Fine for Spying on Suspended Employee’s Private Life

In a landmark ruling, the Employment and Labour Relations Court of Kenya in Mombasa has ordered Absa Bank to pay over KSh 7 million...

Stabex Wins Jet Fuel Tender Amid Controversy at JKIA

Stabex has been awarded a sudden and highly competitive tender to supply jet fuel at Jomo Kenyatta International Airport (JKIA). This comes just days...

Sen. Omtatah Seeking Court Orders To Halt SHIF Launch and Safaricom Health System Deal

Busia senator and human rights activist, Okiya Omtatah, alongside Eliud Matindi and Dr. Magare Gikenyi, have filed a petition seeking to stop the launch...

NTSA Hits Hard: 121 PSV Saccos suspended for breaking transport rules

The National Transport and Safety Authority (NTSA) has disrupted Kenya’s public transport sector by suspending 121 public service vehicle (PSV) saccos for breaching safety...