Category

Business

New bid to block unused power gravy train for electricity firms
Business

New bid to block unused power gravy train for electricity firms

Kenya is renegotiating power purchase agreements to phase out costly take-or-pay clauses and require renewable energy producers to invest in battery storage sys

2 min
Treasury mulls slashing Sh4.8tr budget, tax hikes still an option
Business

Treasury mulls slashing Sh4.8tr budget, tax hikes still an option

Treasury is considering cutting Kenya's Sh4.8 trillion 2026/27 budget and possibly raising taxes amid global economic pressures and rising fiscal obligations.

2 min
New wrangles as Machakos Sacco bosses voted out
Business

New wrangles as Machakos Sacco bosses voted out

Members of the troubled Katelembo Athiani Muputi Farming and Ranching Co-operative Society in Machakos County have passed a vote of no confidence in the society

2 min
Davis Shirtliff targets West and North Africa expansion as it marks 80 years
Business

Davis Shirtliff targets West and North Africa expansion as it marks 80 years

Davis & Shirtliff plans expansion into West and North Africa as it marks 80 years and increases investment in clean energy and digital solutions.

2 min
HF Group changes name to HFCB after rebrand
Business

HF Group changes name to HFCB after rebrand

HF Group has rebranded to HFCB to unify its subsidiaries and strengthen market positioning after reporting strong profitability growth.

2 min
Wearable smart glasses raise surveillance fears as use grows
Business

Wearable smart glasses raise surveillance fears as use grows

Privacy concerns have grown in East Africa over the use of smart glasses as experts warn that wearable devices are advancing faster than regulation and public a

2 min
When you tax the seed, then do not expect any harvest
Business

When you tax the seed, then do not expect any harvest

When you tax the transaction layer, you are not taxing profit. Taxing activity in an economy still rebuilding its confidence is not revenue collection.

2 min
Appeal Court rejects tycoon's bid for priority refund in Imperial Bank case
Business

Appeal Court rejects tycoon's bid for priority refund in Imperial Bank case

The Court of Appeal has said that tycoon Ashok Doshi and his wife Amit Doshi are not at the top of the priority list of those to be paid despite Imperial Bank s

2 min
How intellectual property unlocks startup funding
Business

How intellectual property unlocks startup funding

Experts warn weak intellectual property protection is exposing Kenyan startups to exploitation and limiting access to global investment opportunities.

2 min