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Kenyans to receive passports within three days by end of year, Kindiki says
Apr 18, 2024 at 06:54 PM
In a significant move aimed at addressing long-standing issues plaguing the acquisition of Kenyan passports, the government has announced comprehensive measures to streamline the p...
William Ruto announces bold initiatives to spur Kenya's creative economy
Apr 18, 2024 at 06:31 PM
President William Ruto has announced a series of bold investment initiatives aimed at propelling Kenya's creative economy into a new era of prosperity, fostering opportunities for ...
Boda-boda operators demand inclusion in probe into BNPL lending practices
Apr 18, 2024 at 04:45 PM
The Boda-Boda Safety Association of Kenya has urged Parliament to ensure their representation in the ongoing investigation into the regulation of the Buy-Now-Pay-Later (BNPL) credi...
Looming budget gaps threaten Kenya's economic growth targets, IPF warns
Apr 18, 2024 at 01:54 PM
The government's ambitious 5.5 per cent economic growth target for the 2024-25 fiscal year faces a significant hurdle: gaps in the Sh4.1 trillion budget....
Safaricom injects Sh20 million to power up Connected Africa Summit 2024
Apr 18, 2024 at 11:34 AM
Telecommunications giant Safaricom has pledged its significant support to the upcoming Connected Africa Summit 2024, taking place at Uhuru Gardens Nairobi, from Monday to Thursday ...
KEBS accuses private firm of conducting illegal inspections in retail outlets
Apr 18, 2024 at 10:43 AM
The Kenya Bureau of Statistics (KEBS) has accused a private firm, Multi-Works and Rights Enforcements, of impersonating government inspectors and conducting illegal product inspect...
William Ruto calls for stringent measures to curb growing road safety crisis
Apr 17, 2024 at 10:34 PM
President William Ruto has issued a stern warning, calling for tough action to address the escalating crisis of road accidents in Kenya....
Ruto and Governors unveil collaborative strategy to slash public wage bill by 2027
Apr 17, 2024 at 09:28 PM
President William Ruto unveiled a robust plan aimed at curtailing the public wage bill, emphasizing the government's commitment to achieving a 35 per cent wage bill ratio to revenu...
KQ temporarily suspends flights to Dubai owing to historic rains, airport flooding
Apr 17, 2024 at 04:41 PM
National carrier Kenya Airways (KQ) has decided to temporarily suspend its flights from Nairobi to Dubai due to historic heavy rains and flooding in the United Arab Emirates (UAE)....
Jubilee Health Insurance net earnings grow 29 per cent to Sh438 million in 2023
Apr 17, 2024 at 02:46 PM
Jubilee Health Insurance has reported a 29 per cent increase in its net earnings to Sh438 million in the 2023 financial year from Sh339 million posted during a similar period in 20...
Matatu owners promise passengers a paltry 10 per cent fare slash nationwide
Apr 16, 2024 at 05:49 PM
Kenyan commuters can expect some slight financial relief as matatu fares are poised to drop by up to 10 per cent across the country....
Kenya cracks down on greenwashing with new draft green finance rules
Apr 16, 2024 at 05:33 PM
The Central Bank of Kenya (CBK) has taken a significant step towards combating greenwashing in the financial sector by publishing draft rules for a Kenya Green Finance Taxonomy (KG...
Retail investors become top domestic state lender as Kenyans embrace bonds
Apr 16, 2024 at 03:48 PM
Recent data, released by the Central Bank of Kenya (CBK) has revealed that retail investors in Kenya have become the fastest-growing domestic lenders to the government, surpassing ...
Govt urged to reinstate stamp duty exemption for real estate investment trusts
Apr 16, 2024 at 03:21 PM
Kenya's property sector is witnessing renewed lobbying efforts as the Capital Markets Authority (CMA) joins forces with Real Estate Investment Trusts (REITs) to reinstate a crucial...
Private Security Firms ordered to cease remitting trade union fee deductions
Apr 16, 2024 at 12:48 PM
The Private Security Regulatory Authority (PSRA), a Kenyan government agency overseeing the security industry, has ordered a temporary halt in deductions and remittances of union d...
Equity expands money transfer services to over 30 countries with Mastercard deal
Apr 16, 2024 at 11:33 AM
Equity Bank, a leading Kenyan bank, has announced a significant expansion of its international money transfer services, reaching over 30 countries through a new collaboration with ...
Why Govt is mulling slashing its public sector wage bill to 35 per cent by 2028
Apr 16, 2024 at 10:47 AM
The government announced plans to reduce the public sector wage bill from 43 per cent to 35 per cent of national revenue by 2028....
Govt streamlines business landscape with new online support centre
Apr 15, 2024 at 10:26 PM
The government has taken a significant step towards fostering a more conducive business environment with the launch of the Karibu Business Support Centre (KBSC)....
I&M Bank facilitates SMEs growth with free M-Pesa and Airtel Money transfers
Apr 15, 2024 at 04:49 PM
In a bid to bolster the growth of small businesses and enhance financial inclusivity, I&M Bank has extended its offering of free M-Pesa and Airtel Money transfers to sole business ...
Relief at the switch as Kenya Power announces slight power cost reduction
Apr 15, 2024 at 04:30 PM
Kenyans can expect some welcome relief on their electricity bills as Kenya Power, the country's main electricity distributor, announced a 13.7 per cent reduction in power costs eff...