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Mortgage lenders look beyond payslips to expand Kenya's housing market

KMRC chief finance officer Nyale Yanga called for the use of alternative credit scoring models that consider non-traditional data such as rental payments or utility bills to assess creditworthiness

By Graham Kajilwa 7 days ago

National Infrastructure Fund targets pension funds for projects

National Infrastructure Fund CEO James Mworia says the private sector can participate directly in the country’s development agenda by mobilising and directing capital towards projects.

By Graham Kajilwa 7 days ago

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StanChart unveils investment option for the rich

The platform is intended to offer clients greater flexibility in their investment choices.

By Graham Kajilwa 8 days ago

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Retirees boost demand for gated communities amid housing supply imbalance

Gated communities are being preferred for their safety and security selling point, while prime apartments are suitable for retirees seeking to downsize after their children grow out.

By Graham Kajilwa 14 days ago

Civil servants' pension fund eyes brand clarity, new products in diversification strategy

The Public Service Superannuation Fund (PSSF) plans to introduce mortgage and post-retirement medical savings products as part of its diversification strategy.

By Graham Kajilwa 16 days ago

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Civil servants' pension fund eyes new products in turnaround plan

The Public Service Superannuation Fund plans to diversify with mortgage and post-retirement medical savings products, attract contract workers and adopt PSSF as its official brand.

By Graham Kajilwa 16 days ago

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Healthcare outlets outpace supermarkets in retail expansion

 A report from real estate consultancy Knight Frank has singled out Goodlife Pharmacy as one of these healthcare providers.

By Graham Kajilwa 21 days ago

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How US state-level pacts seek to unlock US-Kenya trade

US state-level partnerships could give Kenyan businesses more targeted routes into the American market while opening opportunities for agricultural trade, expertise and technology exchange.

By Graham Kajilwa 22 days ago

PSSF fund grows to Sh340.4b on investment diversification

Pension benefits under the Public Service Superannuation Fund (PSSF) grew by 41.08 per cent, closing the June 2026 period at Sh340.4 billion.

By Graham Kajilwa 27 days ago

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How Kenya's informal workers hold the key to unlocking the housing market

Successive regimes have not been able to crack Kenya’s housing demand, even with the current 1.5 per cent housing levy imposed on workers.

By Graham Kajilwa 28 days ago

Gachagua's bombshell on harassment of small-scale traders

Former DP Rigathi Gachagua has accused a covert police unit of unlawfully raiding and harassing small-scale LPG traders.

By Graham Kajilwa 28 days ago

World Bank sanctions e-Citizen founder over fraudulent Somalia deal

eCitizen Founder James Ayugi and his firm Webmasters Kenya Ltd have been sanctioned by the  World Bank over fraudulent practices in a tendering process involving Sh12.7 million

By Graham Kajilwa 1 month ago

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The soda defence: How government is selling Kenya's economic recovery

The data shows soft drink production in 2025 stood at 703.7 million litres compared to 671.1 million litres in 2024, which was also an improvement from 580.5 million in 2023

By Graham Kajilwa 1 month ago

Selection of transaction advisor paves way for national lottery rollout

Kenyans will be able to participate in the national lottery starting April 2027, if plans by the National Lottery Board to procure an operator remain on schedule.

By Graham Kajilwa 1 month ago

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How bid to formalise small businesses is doing more harm than good

A study cited by Prof Hiroyuki Hino argues that Kenya’s drive to formalise small businesses and bring them into the tax system could undermine the informal practices.

By Graham Kajilwa 1 month ago

Sanlam's half-year profit hits Sh124m

Listed financial services provider Sanlam Allianz Holdings (Kenya) quadrupled its net profit to Sh124.6 million in the half-year period ended June 2026.

By Graham Kajilwa 1 month ago

Relief for Kenyans as EPRA announces reduced fuel prices

The drop is seen as a move by the government to tame runaway inflation that settled at 6.5 per cent in July.

By Graham Kajilwa 1 month ago

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How Ruto is putting roadblocks on bumpy road to Singapore

Kenya’s new Singapore ambition faces scrutiny as experts warn that household incomes, education, health and basic services must improve alongside infrastructure.

By Graham Kajilwa 1 month ago

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Appetite for digital loans rises with little impact on key productive sectors

For an economy struggling not only to create new jobs but also to improve incomes, the solace for many has been digital loans. And, for this reason, the digital lending business has thrived

By Graham Kajilwa 1 month ago

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The tax loophole keeping sanitary towel prices high

Kenya’s sanitary towel tax policy is under renewed scrutiny, with a new NAYA Kenya and UNFPA report calling for menstrual products to be zero-rated for VAT.

By Graham Kajilwa 1 month ago

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Kenya Power decries downside of increased solar, wind power supply

Kenya Power has expressed concern over the growing share of energy supplied to the national grid from wind and solar sources, saying it is increasingly undermining the quality of electricity supply

By Graham Kajilwa 1 month ago

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Selling off public assets only offers temporary relief to debt crisis, says World Bank

The World Bank has criticised the government’s strategy of off-loading lucrative public assets, warning that selling these prized businesses only offers short-term relief to the country’s debt crisis.

By Graham Kajilwa 1 month ago

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Economy posts robust growth but leaves Kenyans worse off

Limited access to long-term financing, external economic pressures, and slow job creation are major obstacles preventing average Kenyans from benefiting from the country’s economic growth.

By Graham Kajilwa 1 month ago

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State think tank: Raising VAT risks driving firms to informal sector

The paper analyses the possibility of Kenya lowering the VAT rate as an incentive to grow the economy.

By Graham Kajilwa 1 month ago

GCR affirms Kenya Re B, AA financial rating

GCR's financial strength ratings are a widely used reference point for insurers, reinsurers, brokers and regulators across Africa

By Graham Kajilwa 1 month ago

KNCCI, Co-operative Bank to expand financial access for small businesses

Limited access to affordable trade finance continues to lock out thousands of Kenyan farmers, cooperatives and MSMEs from lucrative international markets.

By Graham Kajilwa 1 month ago

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Surge in Tanzania, Uganda units push EABL net profit to record Sh18.2 billion

Regional brewer East African Breweries Ltd (EABL) has posted a record net profit of Sh18.2 billion for the year ended June 2026.

By Graham Kajilwa 1 month ago

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Satellite property prices feel the squeezy of the economy

Economic pressures are dragging down property and land prices in many Nairobi satellite towns, though a few areas continue to post modest growth.

By Graham Kajilwa 1 month ago

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Tenant tolerance: Why Pipeline Estate keeps attracting more residents

A survey finds most Pipeline Estate tenants tolerate poor housing conditions, with few willing to pay more for upgrades despite overcrowding and sanitation challenges.

By Graham Kajilwa 1 month ago

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When credit is not the right solution for your business

For many business owners, whenever there is a cash crunch, the instinctive response is to borrow.

By Graham Kajilwa 1 month ago

eSIM providers eye Kenya's growing diaspora market

For many Kenyan families, one of their greatest fears is losing contact with a loved one working abroad, especially when communication suddenly stops without explanation.

By Graham Kajilwa 1 month ago

Why Vision 2030 missed Kenya's 10pc growth goal

Kenya’s flagship economic plan is facing renewed scrutiny after falling well short of its central promise of delivering sustained double-digit economic growth.

By Graham Kajilwa 1 month ago

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Early pension withdrawals surge amid economic strain

Early pension withdrawals are rising nearly three times faster than formal sector job creation, raising concerns that retirement savings are becoming a source of short-term survival.

By Graham Kajilwa 1 month ago

Safaricom, EABL spark corporate bonds frenzy

Double-digit returns offered by notes listed on the Nairobi Securities Exchange (NSE) in 2025 appear to have fuelled nearly an 80 per cent increase in pension assets allocated to corporate bonds.

By Graham Kajilwa 1 month ago

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New continental competition rules set for December

Kenya’s budding fintech and banking sectors are among the areas the country will consider as it seeks to domesticate continental competition rules in line with the implementation of the AfCFTA

By Graham Kajilwa 1 month ago

Moody's gives Kenya Re stable outlook

Moody’s has affirmed Kenya Re international and national scale financial strength ratings at B and AA+(KE) respectively, which carry a stable outlook for the business.

By Graham Kajilwa 1 month ago

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Why Kenya's digital infrastructure is failing to deliver stronger economic growth

A new report says Kenya must complement investment in digital infrastructure with stronger digital platforms, skills and institutions.

By Graham Kajilwa 1 month ago

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County workers' pension assets grow to Sh68 billion

The County Pension Fund grew its net assets to Sh68.28 billion in 2025 as membership and participating institutions increased.

By Graham Kajilwa 1 month ago

BAT posts Sh3.1 billion half-year net profit

BAT has posted a profit after tax of Sh3.075 billion in the first six months of 2026, a performance the company has described as resilient against a challenging operating environment.

By Graham Kajilwa 2 months ago

Kenya to tap Chinese power expertise to boost manufacturing

The government plans to tap into the developed Chinese power generation market in a bid to transform Kenya into a regional manufacturing hub.

By Graham Kajilwa 2 months ago