High costs, lack of access hinder Kenya's universal healthcare

Access to affordable, quality healthcare remains a major concern in Kenya, where many citizens face significant financial barriers to receiving essential medical services.

By Sofia Ali 17 days ago

Australian coffee chain to invest Sh1.3b as it enters Kenya

Australian cafe chain, Coffee Club, has announced a Sh1.3 billion investment to expand into the Kenyan market and the region, its first foray into the continent.

By Sofia Ali 23 days ago

East Africa states eye to expand Northern Corridor connectivity

Transport CS said these developments are essential to ease traffic pressure on roads, enhance trade efficiency, and position Kenya as a vital logistics hub for the region.

By Sofia Ali 25 days ago

Kenya gears up for international construction expo

The expo comes against the backdrop of a construction sector grappling with recent contractions and a hopeful rebound.

By Sofia Ali 25 days ago

School leads charge in equipping young minds with AI knowledge

Experts at the seminar highlighted that while some routine jobs will be automated, AI will likely create more than 97 million new roles globally by 2025.

By Sofia Ali 27 days ago

Meru Woman Rep seeks to rehabilitate youth with economic programme

The initiative comes as part of a bold campaign to combat what she has called "Kenya's most devastating youth crisis" , the alarming rise in drug and substance abuse.

By Sofia Ali 1 month ago

Kenya, Tunisia ink pact to boost women-led small businesses

Women-led micro, small, and medium enterprises (MSMEs) from Kenya and Tunisia have come together for the inaugural three-day expo in Nairobi.

By Sofia Ali 1 month ago

Taxman loses Sh13b to rising VAT fraud

KRA has raised the alarm over a sharp rise in VAT fraud involving nil and non-filers, revealing that it lost an estimated Sh13 billion in revenue between April 2024 and July 2025.

By Sofia Ali 1 month ago

Tap into UAE market, local investors told

Entrepreneurs and investors have been encouraged to capitalise on expanding economic opportunities in the United Arab Emirates.

By Sofia Ali 2 months ago

Kenya loses Sh800 billion annually to counterfeits

This comes at a critical time as Kenya faces a record KSh835.1 billion budget deficit in its proposed 2025/26 national budget.

By Sofia Ali 2 months ago

BAT roots for smokeless products ahead of No Tobacco Day

BAT Kenya has called for collaboration to accelerate progress towards building a smokeless world ahead of the World No Tobacco Day to be marked on May 31.

By Sofia Ali 2 months ago

Economist warns Treasury on dangers of eliminating input tax

Economists say eliminating the input VAT offset mechanism could strain cash flows, create uncertainty and impose unnecessary administrative burdens on already struggling businesses.

By Sofia Ali 2 months ago

Nairobi revs up for three-day global auto showcase

The expo comes at a critical time for Kenya's automotive industry, which is navigating a period of transition.

By Sofia Ali 2 months ago

Pastoralists receive Sh519m funding boost

Supported by the World Bank, the DRIVE Programme is charting a course for blended finance solutions tailored for ASAL counties.

By Sofia Ali 2 months ago

Aviation stakeholders urge policy shift to grow sector

Over 1,000 stakeholders from across the aviation sector have convened in Nairobi to discuss the challenges and opportunities surrounding ground operations, braces for long-term expansion.

By Sofia Ali 2 months ago

EU's chamber of commerce to up trade relations with Kenya

The European Union has launched the European Chamber of Commerce in Kenya aimed at enhancing economic ties and private sector collaboration

By Sofia Ali 2 months ago

Stanbic reports Sh3.3 billion first quarter net profit

Interest expense on customer deposits declined by 25 per cent as the cost of funding declined in the first quarter of the year, further creating a buffer on the revenue.

By Sofia Ali 3 months ago

NSE to empower one million women in capital markets

The NSE EmpowerHER Patrons Circle aims to ensure women's meaningful representation from grassroots education through boardroom leadership.

By Sofia Ali 3 months ago

Governors demand higher allocations in Division of Revenue Bill 2025

The Council of Governors argues that the current allocation heavily favors the national government at the expense of counties' constitutional mandates.

By Sofia Ali 3 months ago

Tensions between Cotu, employers deepen as FKE is denied chance to address workers

FKE, representing over 1,400 employers nationwide, has been locked in a prolonged standoff with the Central Organisation of Trade Unions (Cotu).

By Sofia Ali 3 months ago

Political class blamed for 'lukewarm' financial crimes fight

Stakeholders in the financial sector have cited a lack of political will as one of the major barriers to achieving financial integrity in Kenya.

By Sofia Ali 3 months ago

Kenyan businesses urged to tap into lucrative Chinese market

There is vast untapped potential, especially in fresh produce, valueadded agricultural and processed foods, textiles, and leather products.

By Sofia Ali and Emmanuel Kipchumba 3 months ago

New banking sector risk reporting standards unveiled

The banking sector has partnered with accountants to launch a new template that seeks to standardise sustainability and climate-related risk reporting.

By Sofia Ali 3 months ago

Premium

How solo entrepreneurship hinders the growth of SMEs

The problem with the small and medium enterprise (SMEs) sector, where solo-entrepreneurship thrives, especially among micro enterprises.

By Graham Kajilwa and Sofia Ali 3 months ago

Financial experts urge Treasury to cut expenditure to tame wage bill

Financial experts pointed out that duplicated roles within government, wastage of resources, and inefficiencies are major areas that need to be considered to reduce government expenditure.

By Sofia Ali 3 months ago

Kenyan MSMEs in renewable energy to benefit from Sh500m Swedish investment

AECF Chief Executive Officer Victoria Sabula, who also spoke at the event, emphasised their commitment to helping Kenya achieve 100 per cent access to energy.

By Sofia Ali 3 months ago

Embracing digital trade solutions key to spur trade, EU envoys say

Kenyan traders have been urged to embrace digital trade solutions by integrating artificial intelligence (AI) into their operations to position the country as a regional hub for digital commerce.

By Sofia Ali 3 months ago

Road users decry poor state of East Gate road

Despite being only two years old, the road has already fallen into disrepair, leaving many people suffering vehicle damage and facing mounting financial losses.

By Sofia Ali 4 months ago

COMESA unveils plan to transform Africa's leather industry

One of the most striking issues discussed at the event was Africa's paradoxical position in the leather industry.

By Sofia Ali 4 months ago

Travel industry players call for policies to strengthen payment systems

Key players in the travel and fintech sectors have urged regulatory bodies including the CBK, KRA, and CAK to refine policies to provide a secure and inclusive digital payment ecosystem.

By Sofia Ali 4 months ago

KDC partners with private firm to set up steam plant

Kenya Development Corporation and Timber Treatment International have unveiled a steam plant in Dandora, Nairobi, which will integrate biomass-based steam production, reducing carbon emissions.

By Sofia Ali 4 months ago

Safaricom startups drive makes return

Safaricom has opened applications for the second cohort of its Spark Accelerator programme.

By Sofia Ali 4 months ago

Premium

Kuscco to sell off loan book in bid to recover Sh8.8b amid fraud

The new management of Kuscco has offered to sell off its loan book to willing financial institutions as it seeks to recover at least Sh8.8 billion within five years.

By Graham Kajilwa and Sofia Ali 4 months ago

Old Mutual reports Sh1.3b profit in 2024

Old Mutual Group has announced a Sh1.1 billion increase in its profit after tax for the year 2024.

By Sofia Ali 4 months ago

Firms partner to deliver 69-vehicle fleet for Vivo Energy

Several companies have come together to deliver a new fleet of 69 vehicles for oil marketer Vivo Energy Kenya, the distributor of Shell products.

By Sofia Ali 4 months ago

High cost of living threatens Kenyans' retirement security - report

A new report has revealed that most Kenyans are not saving for retirement due to high cost of living.

By Sofia Ali 4 months ago

Stakeholders push for review of Africa's major trade pact

African leaders, traders and stakeholders have called for a review of the African Continental Free Trade Area (AfCFTA) to assess its effectiveness and make adjustments.

By Sofia Ali 4 months ago

Nairobi set to host Arabika Coffee Day as country bids to boost sector

The aroma of Kenyan coffee is set to take centre stage at the Arabika Coffee Day 2025 to be held in Nairobi this week.

By Sofia Ali 4 months ago

The women staking their claim in Kenya's creative sector

Kenya's creative sector is growing rapidly, contributing approximately five per cent to the national Gross Domestic Product (GDP).

By Sofia Ali 4 months ago

Kenyans urged to use social media to combat counterfeits

With counterfeit products on the rise, particularly those sold online, authorities are now urging the public to actively use social media to identify and report fake goods.

By Sofia Ali 5 months ago