Category: Business
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Simon Kariuki, a successful Nairobi businessman, carried a hidden weakness—he couldn’t resist the thrill of B’etting. Over time, he convinced himself that he had cracked the code to b’ett!ng, turning it into his personal goldmine. His expensive tastes were funded by his winnings: cruising in high-end cars, indulging in five-star dinners, and even renting an…
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How the current Kenyan government is transforming the whole sports ecosystem in the country following the recent CHAN 2024 success. Say whatever you want about the current Kenyan government, but compared to previous regimes, they deserve their flowers for the renewed investment in sports—something this country has not witnessed for at least two generations. Before…
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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. To secure national food security and stabilize markets, the Government has announced plans to restock the National Strategic Food Reserve by purchasing directly…
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Education is Your Right! Don’t Let Social Norms Hold You Back. Learn Online with TUKO. Enroll Now! Elijah Ntongai, an editor at TUKO.co.ke, has over four years of financial, business, and technology research and reporting experience, providing insights into Kenyan, African, and global trends. Kenya Power and other electricity licensees will be required to compensate…
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Editor’s note: In this article, Lawrence Langat, a Nairobi-based financial advisor, examines how Kenya’s Credit Reference Bureau (CRB) regime, overseen by the Central Bank of Kenya, has unintentionally fueled predatory lending. Drawing from his expertise in consumer protection, Langat argues for urgent reforms that balance financial discipline with inclusive access to credit. CHECK OUT: You’re…
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Werner Enterprises truck. PHOTO/COURTESY Werner Enterprises, a major American freight carrier headquartered in Nebraska, has flatly denied claims that it is recruiting Kenyan truck drivers to work in the United States. The clarification came on Wednesday, through a statement posted on X, formerly Twitter. The company stated, “Werner Enterprises wishes to clarify that we are…
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Business Environment. PHOTO/COURTESY Kenya’s manufacturers have raised alarm over rising and unpredictable taxation, warning that the harsh business environment is discouraging investment even as the government pursues a target of Sh309 billion in foreign direct investment by 2028. Industry players argue that the sector, which the government counts on to spur job creation and economic…
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IMF Headquarters in Washington DC. PHOTO/COURTESY The International Monetary Fund (IMF) has warned that nations with opaque borrowing practices risk falling into debt crises, citing evidence that a lack of disclosure raises costs and scares off investors. The caution comes as Kenya’s public debt climbed to Sh12.1 trillion by June 30, 2025, sparking debate over…
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Anne Waiguru breaking ground for a project. PHOTO/COURTESY Kirinyaga Governor Anne Waiguru on Wednesday launched three development projects in one day, handing over construction sites for Kiumbu and Wamumu markets in Mwea and breaking ground for a housing scheme in Sagana, Ndia. The two markets will provide space for about 700 traders once completed. Each…
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L to R): Dominic Kavugwi – Director Partnership & Growth, Bolttech, Vivian Odhiambo – Retail & Trade Ecosystem Manager, Loop; James Karanja-Director, Ropem Telecommunications; and Anthony Njihia. PHOTO/COURTESY Kenyan enterprises now have a new way to secure and manage their digital infrastructure, following the introduction of Samsung’s Knox platform through a partnership with financial technology…