Naija News Feed
News & Politics
Broke tycoons: When tenders send people to an early grave
According to the report, only 19.7 per cent of Kenyan companies process invoices within 24 hours, with 57 per cent of them taking up to a week to prepare them for payment.
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Safaricom fires 33 employees for breach of policy, M-Pesa fraud
A majority of the cases probed (17) were related to breach of policy and procedure while another 14 were related to SIM-swap cases.
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Drink to that! EABL boss, CFO toast to staggering Sh186.9m pay
EABL has revealed its CEO Jane Karuku and Group CFO Risper Ohaga took home annual gross compensation of Sh186.9 million for the year ended June this year.
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Multinationals angle for a piece of the pie at port amid objections
The renewed plan to concession services at the two ports has, predictably, been engulfed in a storm despite President William Ruto's attempt to explain its economic implications.
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Letter from Ghana and the making of its nationhood
Accra did not surprise me after five years. The friendliness of the country and the feeling you are welcome could bring in more tourists than the Big Five.
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Ambassadors tour SGR, ride to Mombasa
Chinese ambassador to Kenya Zhou Pingjian said the event marked the strides that the partnership between the two nations has achieved.
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Watchdogs give rice consignment at port clean bill of health
Committee Chairman James Gakuya said the consignment of Pearl Rice in question had met all health and quality benchmarks after being subjected to requisite tests.
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Sarova takes over Nanyuki-based Maiyan Resort in latest deal
Kenya's largest indigenous hospitality group announced it will take over Maiyan Luxury Resort effective November 1, and rebrand it into Sarova Maiyan Nanyuki.
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Stanchart bid to block Sh30b pension payout to ex-staff flops
The High Court has upheld the decision of the Retirement Benefits Tribunal for the lender to make settlement to 629 pensioners. The bank has also been ordered to foot the cost of the suit.
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Big boost as Z Boskovic Air Charters bags IATA certification
Local charter airline Z Boskovic Air Charters is looking to expand its operations after gaining a new international certification standard.
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Blow to Equity in Transcentury contest
The High Court in Nairobi on Friday dealt Equity Bank a major blow after dismissing its application to reinstate Transcentury under receivership in a Sh6 billion dispute.
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Ruto set for historic China visit with Sh150bn begging bowl
President William Ruto and his Chinese counterpart Xi Jinping are expected to meet soon, the Government has confirmed.
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Hard questions in Telkom Kenya sale
Prof Ndung'u said ICA will inject capital to fund Telkom Kenya's infrastructure and settle some of its outstanding liabilities estimated at over Sh140 billion.
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Questions arise on government decision to sell Telkom Kenya stake to Emirates firm
Prof Ndung'u said ICA will inject capital to fund Telkom Kenya's infrastructure and settle some of its outstanding liabilities estimated at over Sh140 billion.
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Pension fund boss pushes for 'Pay-As-You-Spend' tax
CPF Financial Services has proposed a change in the tax regime, citing shortfalls in the government's current revenue collection structure.
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Safaricom spends Sh64.8b on local suppliers as women gain
Telco says its spend on women-owned businesses increased to 5.8 per cent last financial year. Sustainability report notes that company boosted country's economy by Sh909 billion.
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Former Family Bank CCO seeks Sh717m for job loss and false report
He accuses Family Bank of ruining his high flying career through a damning report. He says the lender got him from Britam where he was doing well and could have worked up to 65.
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Cotu rejects proposed Bill on foreign currency
Central Organisation of Trade Unions-Kenya (Cotu-K) termed the Forex Hoarding Bill, 2023 retrogressive, repressive and archaic.
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Vibrant agriculture sector key to economic growth
The Cabinet's approval to write-off Sh117 billion owed by State-owned sugar companies is a major boost to farmers who have suffered losses due to mismanagement of the sub-sector.
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Road safety initiative aims to educate drivers, reduce accidents
A new initiative that aims to reduce road accidents and promote responsible road behaviour in the country has been launched.
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Mvurya revokes 3,000 illegal mining licences as ban is lifted
The Ministry has also profiled illegal miners and mineral dealers with a view of closing all their operations.
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eCitizen revenue surges by 300pc in three months
The eCitizen platform has recorded a remarkable revenue growth of over 300 per cent in the last three months, according to Immigration PS Julius Bitok.
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Motoring: How to ready your car for El Nino and stay safe
Avoid driving through large puddles or areas of standing water, as they can cause your vehicle to hydroplane.
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U.S dollar retreats amid weak private payrolls
The U.S dollar lost in late trading on Wednesday, after weaker-than-expected U.S private payrolls based on the Automated Data Processing Inc. (ADP) National Employment Report.
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Pesticides are safe farmers told
Muchiri said banning pesticide products would deny millions of Kenyans their right to food.
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AI accelerates internet freedom decline, report finds
Artificial intelligence is contributing to the decline of global internet freedom, but more traditional means of repression are to blame as well.
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How landlords are keeping rent prices high
Landlords are more likely to discriminate against tenants who are unable to pay high rents, as they have a smaller pool of potential tenants to choose from.
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Nibs-linked hotel inks management partnership deal with global brand
Located in Kileleshwa, the hotel features 89 spacious rooms, nine meeting rooms and a gym. It also offers an all-day dining restaurant and a rooftop bar with panoramic views of Nairobi's skyline.
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Brookside Dairy distributes fodder material to farmers
Brookside rolled out the climate-smart animal feed intervention project this year by setting up forage resource centres across the country.
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Landscape architects push for legal recognition
Landscape architects are pushing for international recognition as a distinct profession like other built environment professionals.
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Cities as drivers of growth and prosperity
In a world increasingly driven by digital technologies, cities such as Konza have the potential to attract global investment and contribute to the country's economic recovery.
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Homa Bay gets World Bank approval for housing project
NHC Managing Director David Mathu said the Homa Bay project has been designed with a strong focus on sustainability, and its design choices have been rigorously assessed.
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Bill proposes stiff penalties for hoarding dollars
The Forex Hoarding Criminalisation Bill by Rongo MP also proposes amnesty for those who are willing to release the hoarded dollars into the market.
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Thugge rules out new sovereign bond as Sh296b payment nears
The government now says the global credit market conditions are not conducive for the issuance.
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Farmer banks on new farming model to grow healthier food
Tucked in the middle of a noisy quarry harvesting environment is Sylvia Kuria's agroecology farm (a type of farming that works with nature).
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CBK spares borrowers higher interest rates as bad loans soar
The Central Bank of Kenya has retained its benchmark signal rate at 10.50 per cent, effectively sparing borrowers higher cost of loans. 
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