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Kenya Power to move lines over Lake Nakuru flooding

Nairobi, April 26 -- Kenya Power will relocate a six-kilometre section of its high-voltage transmission lines affected by the rising levels of Lake Nakuru, adding to a list of firms affected by the na... Read More


Win for sugar millers as State zero-rates ethanol

Nairobi, April 26 -- Sugar millers, the primary producers of denatured ethanol, have been handed a boost after the government zero-rated the product to shield them from cheaper imports. Denatured alc... Read More


Shaka Kariuki: CAK chairman on navigating pushbacks from firms caught in consumer breaches

Nairobi, April 26 -- A well-known investor in Kenya's capital markets, Shaka Kariuki wears many hats. Mr Kariuki was appointed in February last year as the chairman of the Competition Authority of Ken... Read More


How Kenya's affluent plan to spend bonus earnings

Nairobi, April 26 -- High-income Kenyans plan to spend the bulk of bonus earnings on buying property or reinvesting in their businesses, underlining the propensity of the rich to save rather than spla... Read More


UK, Germany attract most Kenyans for jobs

Nairobi, April 26 -- United Kingdom, Germany and Switzerland are among the top three destinations for Kenyans working in the diaspora with the three European nations making it to the list of the top 1... Read More


Telkom, Jamii, Zuku beat Safaricom on fixed internet speeds

Nairobi, April 26 -- Telkom, Jamii Telecommunications Limited (JTL)-owned Faiba and Wananchi Group-owned Zuku networks recorded the best download and upload speeds on their fixed internet offerings ov... Read More


Bamburi suffers 111 power cuts in a year

Nairobi, April 26 -- Bamburi Cement experienced 111 power outages last year, prompting the cement maker to convene a meeting with Kenya Power over the costly inconveniences mainly linked to load shedd... Read More


Competition watchdog orders Glovo and Uber Eats to open Kenya offices

Nairobi, April 26 -- The competition watchdog has directed online food and groceries delivery apps, including Glovo and Uber Eats to set up offices in the country to handle consumer complaints. The C... Read More


Treasury under pressure to clear Sh162bn county funds

Nairobi, April 26 -- Many counties may not be able to undertake development projects planned for the year ending June and could end up with higher pending bills, owing to the Treasury's delays in rele... Read More


KRA collects Sh20 billion from tax amnesty scheme

Nairobi, April 26 -- The Kenya Revenue Authority (KRA) has netted Sh20.8 billion from the ongoing tax amnesty programme that ends in June. The taxman said in a statement the amount has come on the ba... Read More