Stories By Peres Akinyi
Standard Group posts Sh1.1 billion loss as revenue plunges 23 per cent
Jun 05, 2025 at 04:50 PM
Standard Group PLC has reported a pre-tax loss of Sh1.1 billion for the year ending December 31, 2024, following a sharp 23 per cent decline in revenue to Sh1.84 billion....
Government mulls overhaul of housing levy as workers decry payslip pressure
Jun 05, 2025 at 03:23 PM
The government is considering a shake-up of the Affordable Housing Levy, following persistent uproar from workers who say the mandatory salary deductions have become a strain on th...
Africa sets sights on seamless digital future with sweeping Nairobi declaration
Jun 04, 2025 at 02:42 PM
A decisive step toward economic integration in Africa's digital space has emerged from Nairobi, where the 14th Connected Africa Summit concluded with the formal adoption of the ‘...
BAT pushes for smokeless nicotine products to cut smoking in Kenya
May 29, 2025 at 05:50 PM
British American Tobacco (BAT) Kenya has urged a collaborative approach to enhancing access to regulated alternatives to cigarettes, noting that countries which have embraced smoke...
Kirinyaga builds 40,000-bag warehouse to benefit over 120,000 coffee farmers
May 28, 2025 at 08:19 PM
The County Government of Kirinyaga is building a modern coffee warehouse in Kimicha, aimed at improving earnings and storage for over 120,000 coffee farmers....
Cyberattacks: Kenya ranks second in META as threats surge past 2.5 billion
May 26, 2025 at 03:24 PM
Kenya was identified as one of the most targeted countries by web-based threats in the Middle East, Türkiye, and Africa (META) region during the first quarter of 2025, according t...
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Over 720,000 refugees in Kenya left vulnerable as WFP cuts key assistance
May 23, 2025 at 04:31 PM
Refugees living in Kenya are confronting a worsening hunger crisis, as the World Food Programme (WFP) prepares to halt all cash assistance and slash food rations to historic lows s...
NBK posts Sh275 million net profit in Q1 2025 as non-interest income declines
May 22, 2025 at 03:40 PM
National Bank of Kenya registered a profit after tax of Sh275 million in the quarter ending March 2025, buoyed by lower operating expenses and consistent net interest earnings, eve...
KCB Group posts Sh16.53 billion profit after tax in Q1 2025 as NPLs remain high
May 21, 2025 at 10:37 PM
KCB Group PLC has reported a post-tax profit of Sh16.53 billion for the first quarter ending March 2025, showing a slight rise from Sh16.48 billion recorded over the same period la...
KRA extends service hours as June 30 tax return deadline fast approaches
May 20, 2025 at 07:09 PM
With the end of June fast approaching, the Kenya Revenue Authority (KRA) has stretched its working hours to accommodate the expected rush of Kenyans scrambling to beat the 2024 inc...
Kenyan scribes challenged to embrace AI without compromising on their ethics
May 16, 2025 at 01:53 PM
As artificial intelligence continues to infiltrate newsrooms and reshape how the public consumes information, journalists must confront the challenge of staying technologically rel...
Ministry unveils taskforce to build KEMIS student database to replace NEMIS
May 15, 2025 at 10:13 PM
A 15-member multi-agency taskforce was unveiled on Wednesday to create a single, tamper-proof register for every learner in Kenya—from early childhood centres to universities—u...
Microsoft lays off 6,000 workers globally
May 14, 2025 at 05:32 PM
Microsoft has laid off 6,000 employees worldwide in its largest job reduction since early 2023, accounting for nearly 3 per cent of its global workforce....
12 key changes in Finance Bill 2025 targeting Sh559.9 billion in tax reforms
May 13, 2025 at 07:33 PM
The Finance Bill 2025 is projected to raise Sh559.9 billion—or 2.9 per cent of the GDP—through sweeping tax reforms and administrative adjustments....
Kenya sets ambitious target, seeks to quadruple tea exports to China by 2030
May 13, 2025 at 11:43 AM
Kenya has set its sights on expanding tea exports to China more than fourfold by 2030, seeking to scale shipments from the current 12.42 million kilogrammes to 50 million kilogramm...
Kenya and Finland deepen education, peace ties with new cooperation deal
May 12, 2025 at 08:46 PM
Kenya is turning to Finland’s globally respected education model as it seeks to elevate the quality of learning and strengthen its role in peace and international cooperation....
Ministry nullifies appointment of UON acting VC after Ndemo rejects post
May 09, 2025 at 03:45 PM
A cloud of uncertainty has descended upon the University of Nairobi following a stern pronouncement from the Ministry of Education, vehemently rejecting recent appointments announc...
Bitange Ndemo named new University of Nairobi VC, Mulaa takes over temporarily
May 08, 2025 at 03:29 PM
Former ICT Permanent Secretary Prof Bitange Ndemo has been appointed the new Vice Chancellor of the University of Nairobi (UON)....
Jaswant Rai secures 30-year lease worth Sh200 million to run Nzoia Sugar Factory
May 05, 2025 at 07:28 PM
Jaswant Rai, a key figure in Kenya’s sugar industry, has secured a 30-year lease to run the struggling Nzoia Sugar Factory, under an agreement that promises to clear over Sh200 m...
MoH recalls Paracetamol injections, Augmentin tabs, S-Prazo capsules
Apr 28, 2025 at 10:01 AM
The Ministry of Health, acting through the Pharmacy and Poisons Board (PPB), has initiated the recall of several pharmaceutical products, including paracetamol injections, Augmenti...
