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Kenya audits informal sugar imports amid market distortion

Nairobi, Aug. 7 -- Kenya is auditing its informal cross-border sugar trade amid severe market distortions, which are affecting pricing and revenue collections. A brief seen by the Business Daily show... Read More


Apex court ends firm's 22-year battle over CBK fraud probe

Nairobi, Aug. 7 -- The Supreme Court has ended a company's bid to reopen a 22-year dispute with the Central Bank of Kenya over Sh14 million frozen during investigations into a Treasury Bonds fraud, sh... Read More


Audit reveals EAPC's Sh4 billion unremitted statutory deductions

Nairobi, Aug. 7 -- The East African Portland Cement (EAPC) failed to remit Sh4 billion in statutory deductions, including taxes and penalties, as of June 30, 2025, an audit has revealed. This exposes ... Read More


Critical Role of Sustainability Integration in Insurance

Nairobi, Aug. 6 -- Through the adoption of global sustainability reporting standards, strong ESG governance, impactful community partnerships and award-winning corporate governance practices, Sanlam A... Read More


Stanbic cuts interim dividend in race for capital to lift growth

Nairobi, Aug. 6 -- Stanbic Holdings Plc has cut its interim dividend payout by more than half despite its profit remaining flat as it seeks to boost capital and support growth. The listed group, affi... Read More


Carrefour manager sacked for receiving Sh40,000 from supplier

Nairobi, Aug. 6 -- The Employment and Labour Relations Court has backed a decision by the operators of supermarket chain Carrefour to summarily dismiss a former head of its retail store in Kisumu for ... Read More


With right strategy, AI will be Kenya's next economic multiplier

Nairobi, Aug. 6 -- Much of the debate about artificial intelligence (AI) is about chatbots and automation. That matters for individual firms, but the bigger opportunity is national. AI is not primaril... Read More


Jambojet lands first maintenance contract with Ghana airline deal

Nairobi, Aug. 6 -- Nairobi-based budget carrier Jambojet has won a contract to maintain and repair the fleet of Ghanaian carrier Passion Air, its first client after venturing into the maintenance busi... Read More


A taste of world's most expensive food...it's worth Sh230,000 a kilo

Nairobi, Aug. 6 -- Not many invitations warrant clearing your calendar, but the chance to taste black truffles right here in Kenya is perhaps one that does. These "diamonds of the kitchen," as they a... Read More


Why Vision 2060 must be politics-free

Nairobi, Aug. 6 -- The review of a long-term national development blueprint such as Vision 2030 is a routine, yet profoundly important exercise for any administration. President William Ruto and the K... Read More