Turkana to get lion’s share of Sh5.7b kitty for poor counties
Other key beneficiaries under newly proposed formula include West Pokot, Wajir and Narok.
By Otiato Guguyu and Dominic Omondi 5 years ago
Turkana to get lion’s share of Sh5.7b kitty for poor counties
New State report ranks counties by production levels
Nyandarua tops and Elgeyo Marakwet comes second on Gross County Product per capita.
By Otiato Guguyu and Dominic Omondi 5 years ago
New State report ranks counties by production levels
Economy unmoved after terrorist attack in Nairobi
Shilling stayed stable against the dollar as Uhuru assured tourists and residents of safety.
By Otiato Guguyu and Dominic Omondi 5 years ago
Economy unmoved after terrorist attack in Nairobi
Central bank introduces new coins
Decision made to do away with the Sh40 coin that was introduced by former President Mwai Kibaki, and notably carried his image
By Otiato Guguyu and Dominic Omondi 5 years ago
Central bank introduces new coins
How much is the shilling worth?
Analysts say the purchasing power of the local unit has decreased by 78pc between 1998 and 2018
By Otiato Guguyu and Dominic Omondi 5 years ago
How much is the shilling worth?
How local banks minted billions from mass firing of staff and going digital
Employees in the lenders’ subsidiaries declined from 6,223 in 2016 to 6,106 as financial institutions reviewed business models
By Otiato Guguyu and Dominic Omondi 6 years ago
How local banks minted billions from mass firing of staff and going digital
KCB edges out Equity as big 3 banks’ half-year profits rise
Two top banks report Sh12.1b and Sh9.4b net profit respectively as Co-op Bank rakes in Sh7.1b in half-year results.
By Otiato Guguyu and Dominic Omondi 6 years ago
KCB edges out Equity as big 3 banks’ half-year profits rise
CS Rotich goes hard on the poor to write Uhuru's legacy
Debt-ridden Jubilee government will raid the pockets of poor Kenyans to indelibly curve President Uhuru Kenyatta’s name in the country’s annals.
By Otiato Guguyu and Dominic Omondi 6 years ago
CS Rotich goes hard on the poor to write Uhuru's legacy
Helpless Nakumatt now awaits plug to be pulled
To give Nakumatt benefit of the doubt, there are Kenyan firms that have risen from the ashes of insolvency, defying a violent creditors’ turmoil.
By Otiato Guguyu and Dominic Omondi 6 years ago
Helpless Nakumatt now awaits plug to be pulled
Why government has become hooked to Eurobond
The State’s use of Eurobond cash to pay syndicated loans and not development pushes it into a deep hole as more debts are set to mature
By Otiato Guguyu and Dominic Omondi 6 years ago
Why government has become hooked to Eurobond
Fear as Kenya’s borrowing hurtles towards Greece-like debt crisis
There is something ominous about Kenya’s debt. Total public debt as at December 2017 hit high levels - at Sh4.6 trillion and still counting.
By Otiato Guguyu and Dominic Omondi 6 years ago
Fear as Kenya’s borrowing hurtles towards Greece-like debt crisis
Election tension hurting businesses
The uncertainty around the election has also put off investors from the capital markets after they beat a hasty retreat once the August 8 polls were announced.
By Otiato Guguyu and Dominic Omondi 7 years ago
Election tension hurting businesses
Election fever now grips consumers
Kenyans have lost their buying power, spending even less on products despite the drop in the cost of living last month.
By Otiato Guguyu and Dominic Omondi 7 years ago
Election fever now grips consumers
Kenya has no dollar billionaires, says report
Kenya’s mysterious dollar billionaire has disappeared from the list of the latest publication of the world’s wealthiest people by property consultants Knight Frank.
By Otiato Guguyu and Dominic Omondi 7 years ago
Kenya has no dollar billionaires, says report
Land prices rise again as excavators roar in Konza – but will it last?
The dredging of the soil and hum of activity is, after all, happening on an isolated 5,000-acre property off the Nairobi-Mombasa Highway.
By Otiato Guguyu and Dominic Omondi 7 years ago
Land prices rise again as excavators roar in Konza – but will it last?