(NAIROBI, KENYA) – Ten firms captured more than half of the KES217.45 billion ($1.51 billion / £1.19 billion / €1.40 billion) reported public tenders in the year ended June 2025, deepening the concentration of lucrative government business among a handful of suppliers. Public Procurement Regulatory Authority (PPRA) data shows theContinue Reading
(NAIROBI, KENYA) – The Treasury is seeking funding to subsidise retail fuel prices in the face of hostilities in the Middle East and the 2027 General Election, in a reversal of government policy. Treasury Cabinet Secretary John Mbadi said that Kenya is seeking additional funding to lower fuel prices withoutContinue Reading
(NAIROBI, KENYA) – Kenya’s trade deficit in goods climbed towards a record KES1 trillion ($6.92 billion / £5.45 billion / €6.45 billion) mark in the first six months of 2026, after an increase in the cost of fuel imports widened the gap between export earnings and the import bill. TheContinue Reading
(NAIROBI, KENYA) – Charcoal prices in Kenya jumped to their highest level in 78 months in June, deepening the squeeze on poor families already grappling with rising prices of alternative fuels such as liquefied petroleum gas (LPG) and kerosene. Fresh data shows the average national price of a kilo ofContinue Reading
(NAIROBI, KENYA) – NCBA Bank has challenged the decision by Director of Public Prosecutions Renson Ingonga to prosecute its chief executive officer John Gachora for allegedly failing to report suspicious transactions linked to the KES363.3 million ($2.52 million / £1.98 million / €2.34 million) fraud at First Assurance Investment Ltd.Continue Reading
(NAIROBI, KENYA) – Membley, a residential estate in Kiambu County, has grown from a sparsely populated area with poor roads and limited security into a dense housing hub, driven by spillover demand from the older Kahawa Sukari neighbourhood and improved road networks. Unlike large gated developments where a single developerContinue Reading
(NAIROBI, KENYA) – The National Social Security Fund (NSSF) has revived plans to develop its 1,000 acre land in Mavoko, Machakos County into a mixed use city, nearly 15 years after first proposing to put up housing on the property. The state controlled pension fund in June called for proposalsContinue Reading
(NAIROBI, KENYA) – The High Court has rejected a petition to liquidate a solvent company after a couple failed to resolve a dispute over its management and assets, ruling that liquidation should not be the first remedy for a shareholder disagreement. The court dismissed Joan Catherine Wangui’s petition against herContinue Reading
(NAIROBI, KENYA) – Liberty Kenya Holdings has reported a 46 percent fall in net profit from continuing operations for the six months to June 2026, weighed down by reduced investment income even as the insurance business recorded stronger results. Net earnings from continuing operations stood at KES231 million ($1.6 millionContinue Reading
(NAIROBI, KENYA) – Huduma Kenya has warned the public and its staff against a fraudulent email account being used to impersonate the agency’s Chief Executive Officer. In a notice issued on Monday, 17th August, the agency cautioned the public against responding to suspicious communication or sharing sensitive information. “Huduma KenyaContinue Reading
