Stories By Lawrence Njoroge
IMF warns govts that hidden debt practices risk triggering financial crises
Sep 12, 2025 at 11:50 AM
The International Monetary Fund (IMF) has warned that nations with opaque borrowing practices risk falling into debt crises, citing evidence that a lack of disclosure raises costs ...
US firm distances itself from Kenya-Nebraska truck driver recruitment claims
Sep 11, 2025 at 02:46 PM
Werner Enterprises, a major American freight carrier headquartered in Nebraska, has flatly denied claims that it is recruiting Kenyan truck drivers to work in the United States....
Kenya to lead Sh443 million project breeding low-methane cattle in Africa
Sep 11, 2025 at 11:18 AM
Kenya is set to play a central role in a Sh443 million project designed to breed cattle that emit less methane while boosting farmers’ productivity and resilience....
LG leads growth of laundromat business in Kenya with new Opalnet partnership
Sep 10, 2025 at 03:51 PM
Kenya’s laundromat industry has recorded a 25 per cent rise in demand over the past three years, figures from Opalnet Ltd show, cementing its place as one of the fastest-expandin...
Earnings of Bolt’s top 50 drivers in Kenya hit Sh1.28 million in first half of 2025
Sep 09, 2025 at 02:09 PM
Bolt has disclosed that its 50 highest-earning drivers in Kenya pocketed an average of Sh1,280,000 between January and June 2025, amounting to roughly Sh213,000 per month....
KMC sinks into Sh365 million loss as Auditor General exposes financial gaps
Sep 05, 2025 at 12:56 PM
The Kenya Meat Commission (KMC) has slid deep into the red, with the state-owned enterprise posting a Sh365 million loss for the year ending June 2024, reversing a Sh180 million pr...
Local SMEs face liquidity crunch as State delays over Sh524 billion in payments
Sep 04, 2025 at 03:37 PM
Small and medium-sized enterprises (SMEs) are bearing the brunt of delayed government payments, with Controller of Budget Margaret Nyakang’o warning that arrears totalling Sh524....
Kenya banks back CBK’s KESONIA-based loan pricing model
Sep 03, 2025 at 02:27 PM
The Kenya Bankers Association (KBA) has expressed its support for the Central Bank of Kenya’s (CBK) revised loan pricing model, saying it will boost credit access and strengthen ...
M-Pesa Foundation pumps Sh50 million into new maternity in Elgeyo Marakwet
Sep 02, 2025 at 02:34 PM
Chegilet Health Centre in Keiyo North, Elgeyo Marakwet, is set to get a major upgrade after the M-Pesa Foundation committed Sh50 million towards the construction of a modern matern...
S&B raises Kenya’s credit rating to ‘B’, Eurobond yields respond with sharp drop
Sep 01, 2025 at 11:24 AM
Kenya’s Eurobond yields slipped by an average of 28.19 basis points after S&P Global Ratings upgraded the country’s long-term credit score from ‘B-’ to ‘B’, easing inve...
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Visitors to Karura Forest and Sigiria block to pay exclusively via eCitizen platform
Aug 29, 2025 at 05:05 PM
Starting Friday, visitors to Karura Forest and its Sigiria block will only be able to make payments through the government’s e-Citizen platform....
LOOP partners with Bolttech in a move to transform device financing in Kenya
Aug 29, 2025 at 04:30 PM
Global insurtech bolttech has formally launched in Kenya through a partnership with LOOP, the digital financial services arm of NCBA Group, marking its expansion into East Africa w...
Kenya considers law requiring solar-ready spaces in new constructions
Aug 28, 2025 at 05:59 PM
A fresh legislative proposal in Parliament could soon make it impossible to put up a new building in Kenya without factoring in solar energy....
KCAA resumes personnel licensing application with new digital plaform
Aug 28, 2025 at 12:05 PM
The Kenya Civil Aviation Authority (KCAA) has rolled out its long-awaited digital Personnel Licensing (PEL) application system, opening a new chapter in aviation service delivery a...
Kenya to host 8th International Industrial Expo with over 6,000 delegates expected
Aug 27, 2025 at 01:55 PM
Kenya is preparing to welcome the 8th edition of the Kenya International Industrial Expo (KIIE), which will run from September 4 to 6, 2025, at Nairobi’s Sarit Expo Centre....
Kenya Airways reverses Sh513 million profit to Sh12 billion loss in six months
Aug 27, 2025 at 12:37 PM
Kenya Airways has sunk into a Sh12 billion loss for the first six months of 2025, erasing the Sh513 million profit it reported during the same period last year, as fewer passengers...
Wednesday declared a public holiday, but it remains a normal working day
Aug 25, 2025 at 12:08 PM
Kenya will mark August 27 as “Katiba Day” public holiday annually after President William Ruto issued a proclamation designating the date as a permanent national observance....
Nine suspects nabbed in Eastleigh CA raid on unlicensed courier operators
Aug 22, 2025 at 11:02 AM
Nine individuals were arrested in Eastleigh after the Communications Authority of Kenya (CA) conducted a raid on courier businesses accused of running without proper licences....
SBM Bank seals deal with Caetano to ease access to vehicles and equipment
Aug 21, 2025 at 08:38 PM
SBM Bank Kenya has unveiled a partnership with Caetano Kenya aimed at giving customers easier access to new vehicles and machinery through full financing options....
StanChart profit drops 21.4 per cent to Sh8.1 billion as income shrinks in H1 2025
Aug 21, 2025 at 11:47 AM
Standard Chartered Bank Kenya has reported a Sh8.1 billion net profit for the six months ended June 30, 2025, a 21.4 per cent decline from the Sh10.3 billion posted in the same per...
