Audit Bombshell: Auditor-General Flags KES 9.6 Billion in Suspect Transactions on eCitizen Platform
Auditor-General Nancy Gathungu has raised the red flag over the government’s flagship eCitizen digital payment platform, citing massive accountability failures and potential misuse of over KES 9.6 billion, threatening the…
Broadbased Expert on Chopping Board as Parliament Threatens to Impeach CS Mbadi, PS Kiptoo
A political firestorm erupted in Parliament on Monday after Treasury Cabinet Secretary John Mbadi and Principal Secretary Chris Kiptoo failed to appear before a high-level parliamentary committee probing the stalled…
Mbadi to be Fined KES 500,000 for Dodging Senate Committee on Pensions
Treasury Cabinet Secretary John Mbadi now faces the possibility of being fined KES 500,000 for skipping a Senate session on delayed pension payments for retirees. Mbadi has failed for the…
John Mbadi Reveals Facts About the Kenyan Economy
Treasury Cabinet Secretary John Mbadi has defended the Kenyan economy, assuring citizens that it is on a trajectory of recovery as it continues to grow despite increasing public skepticism. Deflecting…
Businesses Shut Down, Others Relocate as Kenya Experiences Silent Economic Crunch
Since 2022, several multinational companies have either closed shop or reduced operations in Kenya, raising concern over the country’s business climate. Although there’s a lot of PR hype about the…
Revitalizing Kenya’s Sugar Sector: A Collaborative Approach to Sustainable Growth
The convergence of County Executive Committee Members (CECMs) for Agriculture from Kenya’s sugar-producing regions, alongside officials from the Ministry of Agriculture and Livestock Development (MoALD) and the Kenya Sugar Board…
Kenya’s Sugar Reforms: A Crucial Crossroads for Industry Revival and Public Trust
Kenya’s sugar industry is at a defining moment. The Sugar Act No. 11 of 2024 has ushered in sweeping reforms by reinstating the Kenya Sugar Board (KSB) and introducing the…
2025/26 BUDGET: Education Main Beneficiary with Allocation of KES 702.7 Billion in Ruto-Raila Budget
As Treasury CS John Mbadi on Thursday read Kenya’s KES 4.29 Trillion Budget, the heftiest in the East African region but attention was diverted elsewhere to demonstrations in downtown Nairobi…
Stalemate Over County Revenue Allocation As National Assembly Rejects Senate Proposal for KES 60 Billion Increase
There’s a standoff between the National Assembly and Senate over a proposal to increase annual allocation to counties from KES 605 billion to KES 665 billion. Led by the Leader…
Details Emerge Why Equity Bank Laid-off 1200 Employees
Details have emerged in the Equity Bank layoffs indicating that fraudsters colluded with banking staff to steal a whooping $15.4 million equivalent to KES 2 billion in the last two…
John Mbadi Convincing Kenyans Why the Government will not Pay Examination Fees for Students from Next Year
It is now confirmed that the 2025/26 budget will not entirely factor in the national examination fees. Kenyan parents will now be forced to pay for their children’s national examination…
Samsung Electronics Acquires Leading Global HVAC Solutions Provider FläktGroup
SEOUL, Korea – May 14, 2025 – Samsung Electronics Co., Ltd. today announced that it has signed an agreement to acquire all shares of FläktGroup, a leading global HVAC solutions…
Aliko Dangote, Africa’s Richest Man Acquires Kenya’s Oldest Tour Company
Pollman’s Tours and Safaris, Kenya’s oldest tour company has been acquired by Nigerian business mogul and Africa’s richest man. The acquisition was made through Alterra Capital, a venture associated to…
Finance Bill 2025 — Government Sends Out Feelers to Avoid Protests
In a carefully crafted move the Government of Kenya has sent out feelers ahead of unleashing the Finance Bill 2025. The government’s strategy is to control the narrative around its…
Finsco Africa and Co-operative Bank of Kenya Sign Deal to Drive Real Estate Growth and Financial Inclusion
Finsco Africa and the Co-operative Bank of Kenya have today signed a Memorandum of Understanding (MOU) that will see the two institutions collaborate to enhance access to financial solutions and…