Business

UBA Kenya announces George Otieno as new board chair

Otieno brings a wealth of experience from the financial services sector, having held leadership roles both locally and internationally.

World Bank pushes for housing and health levy relief for low-income workers

In its 2025 Public Finance Review report, the World Bank says the levies have worsened the burden on workers and employers and are unpopular with the public.

Proposal to cut PAYE by 7% introduced

Kenyan politicians spend Sh2 billion more on travel allowances than the UN – World Bank

According to the report, the large public wage bill in Kenya is driven less by basic salaries and more by a range of complicated and poorly regulated allowances.

WhatsApp Rolls out media hub for web users

The update brings WhatsApp Web closer to the mobile experience, where a similar feature has been available for some time.

Report calls for fiscal policy reforms to drive growth, employment

The review emphasizes the importance of stronger governance measures to prevent fiscal leakages that undermine public confidence, alongside structural reforms aimed at boosting productivity during the process of fiscal consolidation.

Vivo Energy records consecutive revenue declines in Kenya

Competitors such as Rubis and local fuel stations gained ground, expanding their market shares to 15.96% and 14.98% respectively.

New NEMA rule to regulate donations of electrical and electronic equipment

According to the draft Sustainable Waste Management Regulations 2024, institutions and organizations receiving donated electronics must register with NEMA upon receipt.

X owner Musk 'going all-in' on his firms after weekend outage

In a post on X, Musk made it clear that he’s pivoting his attention back to his business empire.

Poor infrastructure holds back Telkom, CA report reveals

Telkom’s continuing challenges highlight the need for urgent investment and upgrades to meet customer demands and regulatory standards.

Kenya under scrutiny as shilling remains stable at 129 against the dollar

The shilling has weakened against the Euro, now trading at Sh141, and the British Pound at Sh171, raising questions about what’s truly behind the dollar pairing.

Kenya to collaborate with Singapore firm to boost seafarers’ training

The country seeks to strengthen its maritime sector and open new pathways for its seafarers.