Category: Business
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Kenya Revenue Authority (KRA) notified taxpayers and stakeholders of another scheduled system maintenance that would temporarily disrupt services. The Kenya Revenue Authority (KRA) notified taxpayers and stakeholders of another scheduled system maintenance that would temporarily disrupt services. The tax authority informed users in a notice issued on Friday, September 12, that the maintenance will affect…
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TechTrends Media has announced the upcoming TechTrends Innovation Awards 2025, which will be held as part of the TechTrends AI-Powered Business Transformation Forum in Nairobi. The awards will recognize and celebrate organizations and innovators that are driving digital inclusion, responsible AI adoption, and next-generation business transformation in Africa. Winners will be honored live at the…
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The Social Health Authority buildings in Nairobi. The government has announced that nine million Kenyans are likely to be barred from accessing the Social Health Authority (SHA) Lipa Pole Pole credit programme and other state-backed financing facilities. Principal Secretary for Micro, Small and Medium Enterprises Development, Susan Mang’eni, on September 12, said the measure targets…
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Equity Bank building. PHOTO/Equity Bank. Kenya’s Equity Bank is preparing to expand into Ethiopia’s financial market after the country’s government opened the sector to foreign investors. Equity Bank Chief Executive, Dr. James Mwangi, met officials from the Ethiopian Investment Commission (EIC) in Addis Ababa on Friday, September 12, to discuss conditions for the bank’s entry,…
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Photo of Nairobi Upperhill Hotel. PHOTO/Nairobi Upperhill Hotel Since the start of 2025, several companies in Kenya have shut down, citing a tough economic environment marked by the high cost of living, rising taxes, and mounting debts. The hospitality sector has faced significant challenges, including rising non-performing loans, intense competition from short-term rentals like Airbnb,…
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A total of 9 million Kenyans have defaulted on loans from the Hustler Fund, which currently has 26.5 million registered members since its inception three years ago. The Principal Secretary, State Department of Micro, Small and Medium Enterprises Development, Susan Mang’eni, says the total default amount has dropped slightly to Ksh.5 billion, down from Ksh.6 billion.…
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Agriculture Cabinet Secretary Mutahi Kagwe. Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe says Kenya is set for a historic maize harvest of 70 million (90kg) bags in 2025, up from 67 million in 2024 and more than double the 34.3 million bags recorded in 2022. Speaking on Friday, the CS also announced plans to…
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Kenya’s stock market has been full of surprises lately. As of September 2025, several equities listed on the Nairobi Securities Exchange (NSE) have stood out for delivering exceptional performance. Whether driven by strong fundamentals, favorable macroeconomic conditions, or investor sentiment, these stocks are turning heads. In this article, we explore the top-performing Kenyan stocks right…
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Buying land is one of the most significant investments you can make in Kenya. Whether it’s for building a home, farming, or future resale, owning land is often seen as a sign of success and security. However, Kenya’s land sector is riddled with challenges — fraud, double allocations, and illegal grabbing are still common. One…
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Govt Declares 9 Million Hustler Fund Defaulters Criminals, Says They Won’t Access SHA Lipa Pole Pole
CHECK OUT: Discover How to Work with Brands, Earn from Affiliate Links, and Tap into Ad Revenue — Because Your Content Deserves to Pay Off Didacus Malowa, a journalist at TUKO.co.ke, brings over three years of experience covering politics and current affairs in Kenya. The government has declared that 9 million Kenyans who have defaulted…