CS Mbadi explained that Sh6.33 trillion is domestic debt while Sh5.48 trillion is owed to external lenders, including the World Bank, African Development Bank, China, and Eurobond investors.
Maureen KinyanjuiThe announcement marks a new chapter for the retailer as it celebrates its 35th anniversary, with the leadership change described as part of a succession plan anchored on stability, foresight, and continuity.
Bradley BosireThe decision marks the eighth consecutive rate cut by the CBK as it seeks to stimulate lending to the private sector and support economic growth amid stable inflation and a resilient economy.
Bradley BosireThis brings the cumulative total assessed since 2020 to over Shs.1 trillion under the Group’s Environmental and Social Due Diligence (ESDD) process.
David AbonyoThe three-judge bench, consisting of Justices Daniel Musinga, Francis Tuiyott and George Odunga, determined that eight guarantors not the bank, are liable for the payment tied to the 1999 acquisition.
Maureen KinyanjuiThe initiative as explained by Kevin Mathews Okeyo, Senior Manager, Digital Experience (Digital Financial Services) at KCB is part of the bank’s ongoing efforts to digitize operations, simplify banking, and provide convenient access to financial services anywhere in the world.
Maureen KinyanjuiIn a notice published in the Kenya Gazette, the authority said importers and consignees with overstayed cargo must enter and remove their goods from the depot within 30 days. If they fail to do so, the items will be auctioned between November 10 and 14, 2025, through an online bidding process on KRA’s official portal.
Rose AchiengMbadi said the proactive move aims to manage upcoming Eurobond maturities and prevent debt distress.
Chrispho OwuorThis fresh demand from the tax authority adds to the growing list of problems facing NG-CDF, which is scheduled to be wound up by June 30, 2026, following a court ruling that declared the fund unconstitutional.
Rose AchiengThe electronic system was first introduced at the regional level in November 2024 by Eswatini, Malawi and Zambia as pilot countries. Zimbabwe and Kenya have now joined the programme, bringing the number of participating member states to 21, while other countries are in the process of integrating the system.
Maureen KinyanjuiThe PS in a statement issued on October 2, 2025, said the development follows consultations between the Republic of Kenya and the United Republic of Tanzania.
Chrispho Owuor“Memories” over the past eight years. The Memories feature is one of Snapchat’s most popular tools, enabling users to keep their past snaps within the app rather than losing them to its disappearing-message format.
Rose AchiengFresh data from the central bank shows that DIB Bank Kenya, Consolidated Bank of Kenya, Co-operative Bank of Kenya, Kingdom Bank, UBA Kenya Bank, Diamond Trust Bank Kenya, Premier Bank Kenya, and Access Bank Kenya have all raised their overall weighted average lending rates in the year to August.
Ann NyamburaThe development was unveiled by a team at the Royal Children’s Hospital in Melbourne, who trained the tool to find structural brain abnormalities that are often missed on standard Magnetic Resonance Imaging (MRI) scans.
Chrispho OwuorThe rise, announced on Monday, September 29, 2025, highlights increasing pressure on household budgets, particularly from food price hikes.
Chrispho OwuorKinyanjui noted that Kenya’s competitive edge lies not only in its relatively low tariffs but also in its youthful workforce, wide trade agreements, and nearly 93% renewable energy mix.
David AbonyoAppearing before the National Assembly Committee on Public Debt and Privatization, Kenya Airways chief executive officer Allan Kilavuka gave a detailed account of how the 2012 expansion plan aimed at transforming the airline into Africa’s leading carrier by 2021 turned into one of the country’s most costly corporate failures.
Rose AchiengThe CBK said that while mobile money usage has grown substantially, most users still rely on basic services like person-to-person transfers, with fewer taking up advanced options such as digital credit, insurance, or savings.
Maureen KinyanjuiHousehold electricity use grew by 13.03 percent to 3,640.32 GWh, making residential consumption one of the fastest-growing segments of the market. Small commercial enterprises also saw an 11.5 percent increase in usage, reaching 1,913.26 GWh, a rise attributed to urban expansion and growth in micro and small businesses.
Chrispho OwuorDuring a recent function in Mombasa, President William Ruto acknowledged that port infrastructure must be improved to keep up with growing cargo volumes.
Rose AchiengThe bank plans to collaborate with other financial sector regulators and the Competition Authority of Kenya to roll out the new guidelines by the end of 2026.
Maureen KinyanjuiUnder Salat's leadership, Hass Petroleum has expanded deeper into regional markets while also diversifying its portfolio.
Samuel OtienoThe CBK plans to work closely with telecom operators and Parliament to achieve more affordable and transparent digital financial services.
Maureen KinyanjuiThe Sacco Societies Regulatory Authority (SASRA), in its latest supervision report, said the non-remitted funds hit 85 regulated Saccos, 62 deposit-taking and 23 non-withdrawable deposit-taking affecting 55,602 members.
Ann NyamburaMicroinsurance products are designed to provide low-cost coverage, with daily premiums capped at Sh40, maximum benefits set at Sh500,000, and contract terms limited to 12 months.
Maureen KinyanjuiLast year, a three-judge bench declared the NGCDF Act unconstitutional, stating it breached the principle of separation of powers. The court directed that all projects, programmes, and activities under the fund must stop after midnight on June 30, 2026.
Ann NyamburaAccording to KRA, the bulk of the collections came from the Digital Service Tax (DST), which was introduced in June 2020 at 1.5 percent of gross turnover before being replaced by the Significant Economic Presence (SEP) Tax.
Ann NyamburaThe regulations cover areas including maritime labour, maritime transport operators (MTO), load lines, tonnage measurement, recognized organizations, and prevention of collision.
Rose AchiengThe tax arrears in question comprise corporate tax, pay-as-you-earn (PAYE), value added tax (VAT), as well as legacy debts, penalties, and accrued interest.
Maureen KinyanjuiData from the Kenya Motor Industry Association (KMIA) shows that 8,914 zero-mileage vehicles were sold by the 11 main dealers between January and August, up from 7,120 units sold in the same peridealersod of 2024.
Maureen Kinyanjui