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News
Tender typo costs Finnish firm Sh947m KPA container handling contract
1+ hour, 2+ min ago (581+ words) Port of Mombasa. The Court of Appeal has affirmed KPA's procurement process and the award of an equipment tender. A spreadsheet error has cost Finnish manufacturer Kalmar Finland Oy a Sh947 million Kenya Ports Authority (KPA) contract for supply of 14 container-handling…...
Imperial Bank seizes Apple products reseller Salute Holdings
4+ hour, 2+ min ago (639+ words) The takeover of Salute Holdings came days after receiver manager, Kamal Anantroy Bhatt, placed Sparetech Trading Company Limited and Mawa Dairy Farm Limited under receivership in the latest asset recovery drive by Imperial Bank. Imperial Bank (In Liquidation) has taken…...
Rising agent numbers cut average M-Pesa commissions to record low
1+ day, 1+ hour ago (963+ words) An M-pesa agent serves a customer. Agents, once buoyed by strong margins from deposits, withdrawals and airtime sales, are increasingly finding these revenue streams insufficient to sustain operations. Average annual commissions earned by M-Pesa agents have dropped to a record…...
Gathungu flags irregular Sh650m phone purchases for community health workers
1+ day, 4+ hour ago (597+ words) New mobile phones in showroom. The Auditor-General flagged the purchase of Sh650 million mobile phones for community health promoters (CHPs). The Auditor-General has flagged the purchase of Sh650million mobile phones for community health promoters (CHPs) without inclusion in the approved 2024/25 annual procurement…...
Toned back for women: The newest obsession and how to get it
1+ day, 5+ hour ago (1362+ words) Fitness coach Abigael Ajuma demonstrates a dumbbell sumo squat during her routine training session at Gym ni Kawangware in Nairobi on November 21, 2025. The “sexy back” has become one of the most coveted goals in the gym. More Kenyan women are…...
NSE boss who dreams of going to the moon
1+ day, 5+ hour ago (1209+ words) Frank Mwiti likes to say that he could have been an astronomer. He certainly shoots for the stars, because when he was a boy, he sent NASA a letter. The space agency replied with space magazines, and Frank became an…...
Thousands of suppliers, businesses hit by outage on KRA’s eTIMS systems
1+ day, 17+ hour ago (406+ words) An electronic tax register. The prolonged downtime of the eTIMS system is likely to trigger mismatches between what was actually transacted and what is captured in the system during the downtime period. Thousands of users were, as at Friday evening,…...
Kenya to borrow Sh81 billion for JKIA expansion in new financing plan
1+ day, 21+ hour ago (635+ words) The International Arrival Terminal 1A at Jomo Kenyatta International Airport (JKIA). Business & Technology Reporter Kenya will borrow Sh81 billion for the expansion of the Jomo Kenyatta International Airport, dropping an earlier plan to fully fund the upgrade using a bond. The loan…...
AI giants face new minimum pay, mental healthcare rule in Kenya
1+ day, 21+ hour ago (574+ words) Giant artificial intelligence (AI) firms such as OpenAI and Meta face new minimum pay and mental healthcare rules in Kenya as the government seeks better working conditions for local staff, including content moderators and data annotators. A proposed policy by…...
BAT profit up 3pc, maintains dividend at Sh10 per share
2+ day, 17+ hour ago (533+ words) The British American Tobacco (BAT) Kenya Industrial Area plant in Nairobi. BAT Kenya maintained an interim dividend of Sh10 per share as its net profit for the six months to June 2026 rose 3.1 percent to Sh3.08 billion on higher export and oral nicotine…...