The Litre the Government Doesn't Own: Kenya's Fuel Shocker NAIROBI – The man who speaks for Kenya's petrol station owners has dropped a political hand grenade wrapped in a fuel receipt: the government doesn't own a single litre of the petroleum coursing throu...
Uchumi Reveals Sh7.05bn Insolvency Ahead of First AGM in 8 Years The supermarket that once ruled Kenyan shelves is now buried under Sh7 billion of red ink. Uchumi Supermarkets has disclosed a staggering negative equity of Sh7.05 billion as of June 2025 — a 106.74 p...
Oil Shock: Saudi ‘War Clause’ Sounds the Death Knell for Kenya’s Fuel Subsidies The one-time relief that saved motorists Sh70 per litre is about to evaporate, as a silent war clause in Kenya’s G-to-G fuel deal with Saudi Aramco takes full effect this May—threatening pump prices o...
KRA's Game-Changing 'Log In, Click, Confirm' System Turns Tax Season from a Marathon into a Sprint The Kenya Revenue Authority (KRA) has unveiled a dramatically simplified three-step process for filing annual tax returns, transforming what was once a cumbersome compliance ordeal into a nearly effor...
CODE RED AT TIMES TOWER: KRA’s Hunt for a Digital Messiah as Sh162bn Hole Blows Fiscal Lid The gilded corridors of Times Tower are undergoing a seismic power shift. The Kenya Revenue Authority (KRA) has officially drawn a line in the silicon sand, announcing that its next Commissioner-Gener...
How a Singaporean Hotel Giant Just Bet Big on Nairobi’s Explosive Growth On the surface, it’s just another hotel signing. A 160-room property in Kilimani, opening in early 2028. But look closer, and the deal between Singapore’s Ascott Limited and Kenyan financial powerhous...
New KAA Chief Lands at the Controls as JKIA's Mega‑Expansion Takes Off Kenya just fuelled its aviation future. Now comes the hard part: keeping it from flaming out. Moses Wekesa has taken command of the Kenya Airports Authority at a moment of maximum turbulence and maxim...
The Odingas’ Offshore Fuel Gambit: 35% Be Energy Stake Vanishes into BVI Tax Haven In a labyrinthine manoeuvre that raises fresh questions about transparency in Kenya's lucrative fuel import sector, the Odinga family has transferred its 35 percent stake in oil marketer Be Energy to ...
Fuel Shock Looms: Petrol May Soar to Ksh231.68 as Kenya Faces Supply Crunch Kenyans could soon feel the pinch at the pumps, with petrol projected to hit Ksh231.68 per litre in the next pricing cycle, according to warnings from the Petroleum Outlets Association of Kenya (POAK)...
Concrete Dreams, Fragile Realities: Nairobi’s Billion-Shilling Bet on Reinvention For decades, Nairobi has lived a dual existence—an economic powerhouse on paper and a city under siege in practice. It is East Africa’s financial nerve centre, a magnet for investment and innovation, ...
Shilling Under Watch: Reserves Slide as Global Tensions Tighten Grip Kenya’s financial buffers are thinning—and the pressure is beginning to show. For the fourth consecutive week, the country’s foreign exchange reserves have declined, raising fresh concerns about the s...
The Silent Drain: Why Your Power Bill Climbs Even When Your Home Goes Dark It is a familiar frustration in many Kenyan households: electricity tokens seem to vanish at an alarming rate, even after a conscious effort to switch off appliances and cut back on usage. For some, t...