Category: Economy&Finance
-
Many venture in business but a few remain floating. Every day new shops are opened in towns and markets across Kenya, but after a few months most close down. The truth is that running a business is not easy. It requires planning, hard work, and wisdom. Above all, it requires customers. Without customers, there is…
-
Michael Mwangi, a Kenyan man, had seen his life fall apart after going bankrupt. Auctioneers swept away everything he had worked for, leaving him with nothing but despair. To keep his family afloat, he turned to b’ett!ng, hoping it would give him a way out. Unfortunately, he was met with constant losses that drained him…
-
Agriculture CS Mutahi Kagwe speaks at the North America Tea Conference in South Carolina on September 6, 2025. Photo/Agriculture Agriculture Cabinet Secretary Mutahi Kagwe has called on global investors to package tea in Kenya for export to guarantee a higher value for their clientele. Speaking at the North America Tea Conference in South Carolina, Kagwe…
-
Dr. Peter Ndegwa, CEO, Safaricom PLC Safaricom, Kenya’s leading telecom operator, is once again in the spotlight following reports that the government might split the company. Sources suggest creating three distinct divisions: mobile services, infrastructure, and mobile money, with the latter possibly coming under the Central Bank of Kenya. The conversation comes just months after…
-
Mobile money is one of Africa’s great innovations. But its speed and simplicity have created a stubborn headache: what happens when you send money to the wrong person? That dilemma was underscored twice last month — first in a landmark decision against Airtel, and then in a viral Twitter thread by Kenyan user Ms. Nyaguthii,…
-
Bolt Food General Manager Edgar Kitur and Regional PR Manager Sandra Suzanne Buyole during the launch of Bolt Market. Bolt Market, the grocery delivery arm of leading mobility platform Bolt, has recorded 300% growth in orders since launching in December 2024. This remarkable trajectory highlights the rising demand for fast, affordable, and reliable grocery delivery in Kenya.…
-
County governments in Kenya are pushing back against the Treasury’s electronic government procurement (e-GP) system, saying it has stalled essential services instead of streamlining them. Introduced in July, the e-GP was designed to digitize all public procurement—from posting tenders to making payments—and reduce mismanagement of funds. Yet counties report the platform is plagued with technical…
-
[Photo Credits: Pesapal] The High Court has delivered a significant ruling for Kenya’s fintech sector, declaring that licensed payment service providers are entitled to value-added tax (VAT) exemptions on their commissions. Justice Rhoda Rutto set aside a Tax Appeals Tribunal decision that had allowed the Kenya Revenue Authority (KRA) to claim Sh76.8 million from Pesapal…
-
A century is a long time for any brand to remain relevant, but Caterpillar has done more than survive in Kenya. It has shaped the landscape—literally. From rugged bulldozers carving roads to generators powering industries, Caterpillar’s equipment has become a fixture in construction, agriculture, and infrastructure projects across the country. This milestone is not just…
-
Next month, Safaricom—the company that redefined Kenyan telecom—celebrates its 25th anniversary. It’s more than a quarter-century in business; it’s a journey from a modest Telkom Kenya arm to becoming an economic cornerstone. At Vodafone UK’s London base, CEO Peter Ndegwa leaned back with a measured pride that’s familiar to leaders who’ve steered true transformation. Before…