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Ronald Owili

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State firms incur Ksh 11.8B in penalty interests from unpaid bills

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Taxpayers will have to pay additional Ksh 11.8 billion in penalty interests arising from unpaid bills held by various state corporations and agencies. According to...

C&G sees growth in last mile e-mobility

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Car and General Trading Kenya plans to scale assembly of Piaggio three wheeler vehicles in the country. This follows the introduction of  Piaggio Ape three...

NSE appoints Frank Mwiti as new chief executive

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The Nairobi Securities Exchange (NSE) has appointed Frank Mwiti as the new chief executive officer with effect from May 1, 2024. Mwiti takes over from...

Increased funding key to averting persistent food shortage

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The government is targeting to increase funding to the agriculture sector through collaboration with private sector to boost productivity and help the country become...

KRA misses half year revenue collection by Ksh 186B

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The Kenya Revenue Authority (KRA) collected a total of Ksh 1.27 trillion in the first half of the financial year 2023/24 ended December 2023. New...

State corporations unpaid bills down to Ksh 447B in Q2

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There was a 12.2pc decline in pending bills by state corporations between September and December last year according to data by the National Treasury. Unpaid...

EPRA slashes fuel prices by one shilling

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The Energy and Petroleum Regulatory Authority has cut prices of all fuel by Ksh 1 effective midnight. In its monthly fuel review, the Authority reduced...

Cabinet approves privatisation of six firms

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The Cabinet has sanctioned privatisation of six State Owned Enterprises (SOE) in the ongoing programme which kicked off last year. In the meeting chaired by...

Kenya raises $1.5B in new Eurobond

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Kenya has secured Ksh 234 billion ($1.5b) from creditors through new issuance of a second Eurobond to help clear its public debt stock. The bond...

Nairobi ranked most expensive county to start a business

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Nairobi City County has emerged as the most expensive county to start a Micro Small and Medium Enterprise (MSME) due to high charges of...

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