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NEWS & CURRENT AFFAIRS

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Graham Kajilwa

Real estate posts high productivity as challenges hit wholesale, retail sectors

Real estate has the highest labour productivity in the services sector according to a new report even as the closure of some retail stores dented the industry.

Real estate posts high productivity as challenges hit wholesale, retail sectors

Women-owned MSMEs to get USAID funding

Women-owned MSMEs to get USAID funding

How RBA plans to double pension assets

How RBA plans to double pension assets

Manufacturing and agriculture top sectors to boost the economy

Manufacturing and agriculture top sectors to boost the economy

Kenya's debt sustainable despite bordering distress, says Kippra

Think tank documents public debt to be Sh10.3 trillion at the close of the 2022/23 financial year. This figure however had surpassed Sh11 trillion by January this year.

Kenya's debt sustainable despite bordering distress, says Kippra

Sh5b Pangani housing project resumes after developer secures funding

The construction of the Pangani Affordable Housing project which had stalled for two years, has resumed after the developer managed to secure new funding.

Sh5b Pangani housing project resumes after developer secures funding

Farmers' society board, CEO axed in Oparanya's co-operatives cleanup

The board and chief executive of Barichu Farmers’ Co-operative Society have been ordered to step aside as the government continues to crack the whip on rogue Saccos and Societies.

Farmers' society board, CEO axed in Oparanya's co-operatives cleanup

Banks entice more MSMEs to grow credit uptake

Banks and other financial institutions are aggressively customising their services to improve the appetite for credit among MSMEs that comprise the country's majority of businesses.

Banks entice more MSMEs to grow credit uptake

Fertiliser subsidy killing private sector, report

Until 2020, the report says, Kenya’s consumption of fertiliser was growing peaking at 835,000 tons that year.

Fertiliser subsidy killing private sector, report

Most food warehouses fail to meet standards

Most warehouses for storage of farm produce are substandard, which is being blamed for increased post-harvest losses in the country.

Most food warehouses fail to meet standards

Aggregate volumes to benefit from AfCFTA, MSMEs told

Experts emphasised the importance of MSMEs adopting formal structures and aggregating their efforts to succeed beyond Kenya's borders.

Aggregate volumes to benefit from AfCFTA, MSMEs told

EABL seeks entire shareholding of Ugandan unit with share plan

EABL seeks to increase its shareholding in Uganda Breweries Ltd (UBL) to 100 per cent by acquiring 2,177,995 shares.

EABL seeks entire shareholding of Ugandan unit with share plan

How developers can cut building costs amid costly materials, taxes

Economic turbulence caused by surges in taxes and the cost of commodities resulting in incomplete buildings remains one of the challenges that developers and financiers grapple with.

How developers can cut building costs amid costly materials, taxes

Climate change: Households cut livestock herds, work hours

Cutting down the number of work hours and reducing the size of livestock are some of the new radical measures by households to cope with the effects of climate change.

Climate change: Households cut livestock herds, work hours

Study reveals key opportunities in lower-tier bank mortgages

New research says there is still room for more home loans in the market, even as data shows a drop in the ratio of mortgages to total credit.

Study reveals key opportunities in lower-tier bank mortgages

Why informal sector could be choking local private investments

Kenya’s vast informal economy which is largely made up of micro, small and medium enterprises (MSMEs) has been cited as a source of unfair competition for mainstream firms.

Why informal sector could be choking local private investments

Align tax regimes and standards to spur regional trade, EAC states told

The lack of agreement among EAC countries on revenue collection processes is among the reasons for the slow growth of trade in the region.

Align tax regimes and standards to spur regional trade, EAC states told

Rising mortgage costs threaten affordability amid housing push

The size of an average mortgage loan has grown by 25 per cent over the last decade, raising concerns about affordability for low- and middle-income earners.

Rising mortgage costs threaten affordability amid housing push

How to get your products into the American market

Kenya is among the countries in the continent that are eligible to access duty-free markets in the US through the Africa Growth Opportunity Act (Agoa) with a range of 6,400 products.

How to get your products into the American market

Kippra: Addressing system key to unlocking continental trade

Kenya stands to benefit more from the African Continental Free Trade Area if it puts in place a national addressing system which a think tank notes will also reduce the cost of doing business.

Kippra: Addressing system key to unlocking continental trade

Mi Vida Homes licensed as a Reits manager

Capital Markets Authority (CMA) has licensed property developer Mi Vida Homes Ltd to be a Real Estate Investment Trusts (REITs) manager.

Mi Vida Homes licensed as a Reits manager

State to consider recognition of building managers after petition

The State Department for Public Works has agreed to have construction managers recognised in the law alongside other professionals in the building sector.

State to consider recognition of building managers after petition

Why the informal sector has lagged in pension uptake

A small enterprise has a turnover of between Sh1 million and Sh5 million and between 10 and 50 employees.

Why the informal sector has lagged in pension uptake

Trade body cautions against ban on imported ICT products

Developing economies have been cautioned to delicately consider the effects of imposing a ban on secondhand ICT products even as they seek to grow their manufacturing sectors.

Trade body cautions against ban on imported ICT products

South Sudan and Somalia on the spot for delaying key trade pacts

The two countries have neither signed nor ratified the Tripartite Free Trade Area that connects the EAC economies to the different trade blocs in the continent.

South Sudan and Somalia on the spot for delaying key trade pacts

Britam unveils pension scheme for small businesses

Britam Asset Managers Kenya has unveiled a multi-employer retirement benefits scheme targeting small medium enterprises (SMEs).

Britam unveils pension scheme for small businesses

Low food production to trigger increased import bill for region

Close to 70 per cent of the Eastern and Southern African countries will continue to import food to meet their deficit following the increased effects of climate change.

Low food production to trigger increased import bill for region

Real estate developer to extend portfolio into agriculture

The 60-acre land project is dubbed Kanzi Springs and is part of the larger 300-acre master plan.

Real estate developer to extend portfolio into agriculture

Ardhi Caucus pushes for land tenure security amid slow pace of reforms

The caucus will have representation from the Ministry of Lands as well as the National Lands Commission and the Council of Governors.

Ardhi Caucus pushes for land tenure security amid slow pace of reforms

Spring Valley tops in land prices as Kilimani, Ongata Rongai dip

Spring Valley had the most increase in prices at 5.3 per cent. For satellite towns, Ruiru had the most increase at 4.0 per cent.

Spring Valley tops in land prices as Kilimani, Ongata Rongai dip

Family trust: How to break the founder's curse in your business

Cadbury is celebrating 200 years in business and is known for making chocolate, a product that was considered a luxury and for the elites back in the early 1900s.

Family trust: How to break the founder's curse in your business

Technology helps banks grow deposit accounts by 30 million

The average number of deposit accounts a bank employee handles has increased to 2,495 as financial institutions rely heavily on technology to improve operational efficiencies.

Technology helps banks grow deposit accounts by 30 million

Saudi firm enters Kenyan market with eyes on waterproof technology

This technology comes from Saudi Arabia where the parent company is located and manufacturing is done.

Saudi firm enters Kenyan market with eyes on waterproof technology

Why developers are shunning tenant purchase scheme model

While the National Housing Policy does recognise TPS as a model that can achieve equity in housing, consumer protection is not necessarily guaranteed.

Why developers are shunning tenant purchase scheme model

Banks front low-cost housing as key to higher mortgage uptake

The Bank Supervision Annual Report 2023 reported 30,015 mortgages in the year up from 27,786 in 2022.

Banks front low-cost housing as key to higher mortgage uptake

Tatu City, county row shines spotlight on planning laws

The status of Tatu City as a Special Economic Zone (SEZ) also adds to the complexity of the matter.

Tatu City, county row shines spotlight on planning laws

Tough economic times cuts SME led agency banking transactions

Transactions done by banking agents dipped with cash deposits reducing by almost 10 per cent, signalling the tough economic period that shadowed the better part of the year.

Tough economic times cuts SME led agency banking transactions

Murkomen: The Sh700m man with a taste of the finer things of life

From expensive shoes that he revealed to cost about Sh80,000, a Sh50,000 belt, and a Sh900,000 watch; he never hid it. But while his justification made sense, it irked taxpayers.

Murkomen: The Sh700m man with a taste of the finer things of life

State red tape stifling foreign direct investment, says report

UN agency says the process of onboarding new investors in the country is disjointed.

State red tape stifling foreign direct investment, says report

The high cost of demos as traders grapple with lost sales and looters

Protestors helped themselves to food and drinks in Kajiado.

The high cost of demos as traders grapple with lost sales and looters

Murkomen's last Act burdens Kenyans with high pump prices

On his last day as cabinet secretary for Transport, Murkomen handed Kenyans a source of pain at the pump - one that will see the cost of essential items remain high or even go up.

By 2 months ago

Murkomen's last Act burdens Kenyans with high pump prices

For Chelugui, it was Hustler farce and bitter coffee

Days before the sacking of all CSs, Chelugui was fighting to defend the integrity of President Ruto’s pet project, the Hustler Fund

By 2 months ago

For Chelugui, it was Hustler farce and bitter coffee

Digitisation, new taxes: Hits and misses in the Ministry of Lands

Registration of land and titles processing have been cited as hinderances to housing.

By 2 months ago

Digitisation, new taxes: Hits and misses in the Ministry of Lands

Can KMRC overcome hurdles to spur mortgage uptake?

Five years down the line, there is almost not much of a tale to tell when numbers are put into perspective. When mortgage loan accounts for 2019 and 2022 are juxtaposed, it’s a drop.

By 2 months ago

Can KMRC overcome hurdles to spur mortgage uptake?

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