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Brian Ngugi And Macharia Kamau

Trial or error? Why Rutonomics falls short of Kenyans' expectations

Ruto's two-year stay at the 'House on the Hill' has been a mixed scorecard as his administration implements the Bottom Up Economic Agenda (BETA).

By Brian Ngugi and Macharia Kamau 2 months ago

Trial or error? Why Rutonomics falls short of Kenyans' expectations

IMF, World Bank at odds on tax Kenya policies

IMF, World Bank at odds on tax Kenya policies

By Brian Ngugi and Macharia Kamau 5 months ago

Why Kenya is graveyard for industries and big companies

Why Kenya is graveyard for industries and big companies

By Brian Ngugi and Macharia Kamau 8 months ago

State mulls new Kenya Power unit amid board shakeup plan

State mulls new Kenya Power unit amid board shakeup plan

By Brian Ngugi and Macharia Kamau 11 months ago

Layoffs: How employers are coping with high cost of labour

The current situation is deteriorating, as the government has implemented new taxes that have resulted in increased labour expenses.

By Brian Ngugi and Macharia Kamau 1 year ago

Layoffs: How employers are coping with high cost of labour

Ruto moneymen, advisors in eye of a storm as cost of living crisis rages

Kenya's inflation rose marginally in September after all sectors recorded a general increase in prices, the Kenya National Bureau of Statistics (KNBS) said on Friday.

By Brian Ngugi and Macharia Kamau 1 year ago

Ruto moneymen, advisors in eye of a storm as cost of living crisis rages

Governors splash Sh195b on perks amid economic crisis

Ironically, county bosses allocated only Sh97.98 billion to development expenditure. Expenses were processed through the manual payroll, raising concerns about the possibility of graft.

By Brian Ngugi and Macharia Kamau 1 year ago

Governors splash Sh195b on perks amid economic crisis

City traffic jam thins as fears of recession mount over fuel prices

Data from Kenya National Bureau of Statistics (KNBS) shows that diesel consumption over the first four months of this year declined 6.8 per cent.

By Brian Ngugi and Macharia Kamau 1 year ago

City traffic jam thins as fears of recession mount over fuel prices

Record high fuel prices to worsen cost of living for Kenyans

Government's withdrawal of subsidies among factors that have led to the sharp increase in pump prices with low-income households being forced to reduce their shopping baskets.

By Brian Ngugi and Macharia Kamau 1 year ago

Record high fuel prices to worsen cost of living for Kenyans

Jitters as El Nino threatens fresh blow to already bruised economy

El Nino, a climate pattern in the Pacific Ocean affects weather and will likely contribute to heavy rainfall and potential flooding across the country.

By Brian Ngugi and Macharia Kamau 1 year ago

Jitters as El Nino threatens fresh blow to already bruised economy

Jaswant Rai: The tycoon whose family runs sugar empire

The kidnapping of sugar and cement billionaire Jaswant Rai in a mafia-style crime in Nairobi has turned the spotlight on the tycoon's family, which has built a business empires.

By Brian Ngugi and Macharia Kamau 1 year ago

Jaswant Rai: The tycoon whose family runs sugar empire

Businesses suffer huge losses as country plunges into darkness

At least three infants in incubators in a hospital in Central Kenya were reported to have died. Airplanes could not take off or land at Jomo Kenyatta International Airport for many hours.

By Brian Ngugi and Macharia Kamau 1 year ago

Businesses suffer huge losses as country plunges into darkness

Why stubborn shilling is ruining Ruto's economic recovery dream

Kenya is confronting a currency crisis involving the steep decline in the value of the shilling, which is causing negative ripple effects throughout the economy.

By Brian Ngugi and Macharia Kamau 1 year ago

Why stubborn shilling is ruining Ruto's economic recovery dream

Demos: Employers and tourism players call for political truce

The employers' lobby noted that companies are losing billions of shillings daily not only in lost manpower and productivity but also through disruption to business activities.

By Brian Ngugi and Macharia Kamau 1 year ago

Demos: Employers and tourism players call for political truce

Return of mass action spooks business activity in key towns

The assent of the Finance Act 2023 - which has seen a hike in taxes on fuel - has emboldened the opposition. Traders fear any sustained unrest that will disrupt business activities.

By Brian Ngugi and Macharia Kamau 1 year ago

Return of mass action spooks business activity in key towns

Ndung'u defends tax pain, seeks your help to lift up the hustlers

Treasury CS Njuguna Ndungu, while presenting the Budget Statement to Parliament yesterday, defended the road map that also includes a mix of new controversial proposed taxes on various sectors.

By Brian Ngugi and Macharia Kamau 1 year ago

Ndung'u defends tax pain, seeks your help to lift up the hustlers

Ndung'u walks tight rope in bid to finance Sh3.6 trillion budget

Treasury needs tax revenue to spur the economy amid cries of the high cost of living. The government has indicated it could back down on some proposals in Finance Bill 2023.

By Brian Ngugi and Macharia Kamau 1 year ago

Ndung'u walks tight rope in bid to finance Sh3.6 trillion budget

'We are losing Sh3 billion on protest days, investors lament

Hard hit areas are Nairobi and Kisumu cities as well as the neighbouring towns. Looking at similar protests in the past, economists say the economy could take a big hit if they go on.

By Brian Ngugi and Macharia Kamau 1 year ago

'We are losing Sh3 billion on protest days, investors lament

Tactical retreat? State back-pedals on tax, subsidy plans amid public outcry

President William Ruto's Kenya Kwanza administration faces the dilemma of trying to reduce the cost of living amid strained public finances and the need for long-term economic reforms.

By Brian Ngugi and Macharia Kamau 1 year ago

Tactical retreat? State back-pedals on tax, subsidy plans amid public outcry

Ruto's Sh26b cheap power dilemma as cost of living crisis rages

IMF cautioned the state against further cuts in power prices unless backed by a verifiable reduction in costs within the sector

By Brian Ngugi and Macharia Kamau 1 year ago

Ruto's Sh26b cheap power dilemma as cost of living crisis rages

Nearly half of Hustler Fund borrowers are yet to repay

Defaulters of the Hustlers fund risk higher interests as well as the freezing of their accounts.

By Brian Ngugi and Macharia Kamau 1 year ago

Nearly half of Hustler Fund borrowers are yet to repay

William Ruto's hustler loans takes shape, to be pegged on savings

Kenyans will be required to make regular savings to access the much awaited Hustler Fund to help small and micro enterprises access affordable capital.

By Brian Ngugi and Macharia Kamau 2 years ago

William Ruto's hustler loans takes shape, to be pegged on savings

Kenya oil plan back on track as firms set to seal sale deal

Tullow Oil is the current operator of the project with a 50 per cent stake, while partners Africa Oil Corporation and French Total Energies SE hold 25 per cent each.

By Brian Ngugi and Macharia Kamau 2 years ago

Kenya oil plan back on track as firms set to seal sale deal

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