Pepsi ups Kenya foray with new energy drink

Pepsi Kenya (SBC Kenya) has officially launched Sting Energy, a premium high-energy drink designed to fuel Kenya's go-getters.

By 2 days ago

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How illicit financial flows cost Kenya Sh243b annually

The report by the National Taxpayers Association in partnership with Oxfam shows that trade in illicit goods takes the largest portion of illicit financial flows, contributing Sh153 billion.

By 6 days ago

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Affordable housing lie: Why Ruto's numbers do not add up

Upon jetting back into the country from Ethiopia recently, President William Ruto, for the umpteenth time, defended the affordable housing programme (AHP).

By 7 days ago

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Unremitted pensions shoot to Sh14 billion

Unremitted contributions to pension schemes more than doubled to Sh14 billion as businesses struggled with the second phase of enhanced deductions to the NSSF that kicked in February 2024.

By 7 days ago

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How proper career path can boost labour in the retail space

There is a certain saying among Nairobi residents that if you have never sold GNLD products, then you haven’t seen the hard part of this city.

By 8 days ago

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Why government is the biggest winner in Kenya's lending market

Experts say government, which is the top borrower, is taking more but paying less in terms of interest rates.

By 9 days ago

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Housing bribe: How home ownership dream has become 2027 poll campaign tool

These allocations overlap with other pledges already made by the President and seconded by government officers in charge.

By 10 days ago

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UN to spend Sh43b on renovation, construction of offices at Gigiri

The move is meant to build capacity for the complex to be able to host more UN agency offices, events and activities in the future.

By 14 days ago

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Why two, three-bedroom units offer sweeter deal for property investors

According to the report, it takes 13 months to sell off a one-bedroom or two-bedroom apartment or flat.

By 14 days ago

Report: Kenya safe from likely housing market crash

Kenya’s property market is safe from a possible housing bubble due to the cash-based nature of transactions in the real estate sector, where just two per cent of units are bought through mortgage.

By 15 days ago

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Why pending bills could double Kenya's budget deficit under new system

Kenya is staring at a double-digit budget deficit as the government plans to include pending bills and other liabilities in the budgeting process in line with the accrual accounting system.

By 16 days ago

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Overdraft facility increases by Sh27 billion on low interest regime

The sustained low interest regime by the CBK gave room for the government to borrow more through overdraft in the financial year that ended in June 2025, but still paid less in interest charges.

By 16 days ago

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Sh12 trillion public debt horror with little to show

Kenya’s growing debt that has crossed the Sh12 trillion mark with economists noting the lack of tangible projects to back the increased borrowing.

By 17 days ago

Insurance regulator orders frequent audits on high-risk clients

Insurance companies will be required to frequently audit their high-risk customers in line with new guidelines issued by the regulator.

By 19 days ago

Can temporary titles be the magic wand for Kenya's developers?

Most developers are stuck with projects for months, unable to offload because of processes, such as titling, that are involved.

By 21 days ago

Over 1,400 entities sign up to State's e-procurement system

All ministries, state departments and independent commissions have registration on the e-government procurement system.

By 22 days ago

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Battle for retail business hots up as Chinese traders eye pie of local market

While these imports from China have no doubt unsettled the small and medium-scale traders, eating into their profits, major retailers say these stores are complementary.

By 22 days ago

Pension assets in government debt hit Sh1 trillion amid diversification push

Retirement Benefits Authority (RBA) Statistical Digest 2024 data show that in previous years, the average increase in pension assets in government securities was nine per cent.

By 23 days ago

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'Data doesn't lie', but Kenyans say their pockets do

For many Kenyans cost of living is getting worse every passing day as the pocket shrinks

By 23 days ago

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Why Ruto's key allies keep their seats despite blunders

For the trusted men it is better to shuffle the seats than have them take responsibility

By 24 days ago

Boost for trade as Kenya, Uganda move to end cross-border tariffs

Uganda is Kenya’s top trading partner, with exports reaching Sh125.9 billion.

By 24 days ago

Why number of pension schemes has dropped

The latest data from the pensions regulator shows a drop in the number of schemes to 951 as the value of assets under management grew by 21.18 per cent, the highest over the last decade.

By 27 days ago

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Why Kenya's developers struggle to recoup capital

The slower the buyers come, the slower you get to recoup your capital and invest in the next new project.

By 28 days ago

Mergers likely to boost shareholder value revealed

Mergers and acquisitions (M&As) in the communication and non-essential consumer goods sectors are more likely to derive shareholder value, a new report shows.

By 28 days ago

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Incubation hubs and AI guidelines now a must for digital lenders

The Office of the Data Protection Commissioner is mulling a sandbox where digital credit providers (DCPs) can host new technologies.

By 29 days ago

Returns from State bonds drive HF Group's profit by 150pc

HF Group nearly doubled interest income on government paper in the six months to June 2025, raising its profit before tax by 148 per cent to Sh702.9 million.

By 29 days ago

How low-interest regime shrunk banks' half-year interest income

Banks have taken a hit on their financials with reduced income charged on loans following the low interest regime that the Central Bank of Kenya (CBK) started in August 2024.

By 30 days ago

State agencies urged to prioritise PPPs in budgeting

The National Treasury insists that allocations for the year to the State agencies will be based on the robustness of their public participation engagement in the budgeting process.

By 30 days ago

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Mbadi defends Ruto's economic record, says life cheaper than 2022

National Treasury Cabinet Secretary John Mbadi has defended President Ruto’s administration, outlining how government economic policies have eased the cost of living in the country.

By 30 days ago

Digital lenders accuse Central Bank of overstepping mandate

Lobby cites operational challenges posed by the multiplicity of regulatory requirements, especially on data management.

By 1 month ago

Digital lenders lament overreaching mandate from regulators

This challenge has also been exacerbated by the majority of consumers who are not well-versed on which regulator handles what sort of complaint.

By 1 month ago

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Cost of homes up as UN offices move to Nairobi

The planned set-up of three new UN global offices in Nairobi is expected to revive interest in high-end properties in the city, with real estate projecting increased prices.

By 1 month ago

Expos give malls a new lease of life amid reduced footfall

The growing trend of supermarkets opening outlets in residential areas has been linked to the reduced footfall in major malls, which are now carving a niche in the expos.

By 1 month ago

Family Bank half-year profit up 39pc to Sh2.3b

Tax efficiency measures propelled Family Bank into a 38.7 per cent jump in profit after tax to Sh2.3 billion for the six months ended June 30, 2025.

By 1 month ago

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EAC tariff loopholes create uneven playing field in trade

In the next one year, a mobile phone will be cheaper in Uganda than in Kenya, if the latest review of the Common External Tariff (CET) by countries in the region is anything to go by.

By 1 month ago

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Why State wants KQ frequency rules reviewed

The government is reconsidering its policy that guides approval of frequency applications by airlines to fly to Nairobi, a move that will see Kenya Airways face stiff competition.

By 1 month ago

IM Bank eyes organic growth as half-year profit hits Sh11.7b

I&M Group’s profit before tax in the six months to June 30 grew by 34 per cent to Sh11.7 billion.

By 1 month ago

Lenders given 6-months to roll out risk-based loan pricing model

Commercial banks have six months to revise their lending rates to reflect the risk-based credit pricing model spearheaded by the Central Bank of Kenya (CBK).

By 1 month ago

Fuel prices drop marginally in latest Epra review

The Energy and Petroleum Regulatory Authority (Epra) has cut fuel prices marginally by Sh1 in its latest review cycle. 

By 1 month ago

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Bulk buyers: What the property market misses in turnaround plan

Superior Homes chief executive Shiv Arora says the bulk offtake provides the speed which developers want.

By 1 month ago