FKE Executive Director Jacqueline Mugo and Vice President of Global Service Delivery at Samasource Annepeace Alwala during the launch of the AI Xcelerate project in Nairobi on February 5, 2026. [Collins Oduor, Standard] The government has expressed fears of job losses among low-skilled workers as businesses adopt artificial intelligence (AI) in their operations. While this new age of technology is also expected to create more job opportunities, the government is pushing for responsible and ethical adoption of AI asking businesses to be cognisant of the economic implications. Dr Wanjiru Kariuki, Secretary for Skills Development at the State Department of Labour and…
Author: By Graham Kajilwa
One of the biggest concerns you may have about a mortgage is the fear of taking long repayments as opposed to taking an unsecured loan. [iStockphoto] Increased statutory deductions on the working class have eroded the majority of Kenyans’ ability to own homes. This is according to a report by AIS Capital Advisors, which details how mortgage amounts for salaried workers have reduced. Bold Reporting Takes Time, Courage and Investment. Stand With Us. Continue Reading Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log…
Kakuzi Plc Managing Director Chris Flowers. [File, Standard] Listed agribusiness firm Kakuzi has added loose-leaf tea packets to its list of domestic product line to mitigate export-associated risks. The tea, branded as Kakuzi Pure Black Tea, is part of the firm’s efforts in product-and-markets diversification strategy to boost its earnings. The brand will be available in 250 g and 500 g packs. Kakuzi Plc Managing Director Chris Flowers said the ongoing diversification strategy prioritises the development of quality consumer products for local consumption. He said the firm is enjoying steady growth as domestic sales of products begins to contribute positively…
Transport CS Davis Chirchir during the official launch of National Electric Mobility Policy,2026 at KICC, Nairobi on February 3, 2026. [Elvis Ogina, Standard] The government is deliberating whether to introduce a comprehensive omnibus bill for the electric mobility sector or amend the existing laws to better guide players in the industry. After the launch of the National Electric Mobility Policy yesterday, which has now paved way for development of laws, plans are also underway to come up with a national strategy, which will be anchored on the policy, will provide a clearer pathway on how the government intends to grow…
Isuzu East Africa Limited MD Rita Kavashe, Trade CS Lee Kinyanjui, PS Juma Mukhwana and Japan Ambassador to Kenya Hiroshi Matsuura during the launch of the locally assembled Isuzu Mu-X Luxury SUV in Nairobi on February 2, 2026. [Kanyiri Wahito, Standard] The government is sieving through public participation feedback on the National Automotive Bill, 2025, with the document expected to come into effect by June this year. The Bill, whose purpose is to encourage purchase of locally manufactured vehicles, will in part put restrictions on importation of second-hand automobiles and provide modalities on the end of life cycle of a…
Nakumatt City branch at Mega City in Kisumu on April 9, 2018. [File, Standard] A decade ago, when Nakumatt Holdings was going under after choking in huge debts, the retailer had Sh4.8 billion in its books held in commercial paper. Uncover the stories others won’t tell. Subscribe now for exclusive access Continue Reading Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; } else if (now >= saleStart &&…
Isuzu East Africa Limited MD Rita Kavashe, Trade CS Lee Kinyanjui, PS Juma Mukhwana and Japan Ambassador to Kenya Hiroshi Matsuura during the launch of the locally assembled Isuzu Mu-X Luxury SUV in Nairobi on February 2, 2026. [Kanyiri Wahito, Standard] The government is sieving through public participation feedback on the National Automotive Bill, 2025, with the document expected to come into effect by June this year. The Bill, whose purpose is to encourage purchase of locally manufactured vehicles, will in part put restrictions on importation of second-hand automobiles and provide modalities on the end of life cycle of a…
HassConsult Co-Chief Executive Sakina Hassanali. [File, Standard] Buying a piece of land in Juja or Ruiru in Kiambu County could be the most profitable real estate venture for an investor, going by the double-digit price appreciation as recorded in the latest HassConsult index. Compared to other areas, the Hass Property Index for both land and houses show these satellite areas gave a double-digit return of between 10 and 14 per cent. Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access. Continue Reading Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading…
Mark Napier, CEO of FSD Africa. [Courtesy] Pension funds’ preference for government paper has been linked to the complexities that come with alternative asset classes, which are less straightforward. The absence of appropriate tools and frameworks that can promote the allocation of private capital, primarily pension funds, into these alternative assets has also been noted by experts in the field of investing. Bold Reporting Takes Time, Courage and Investment. Stand With Us. Continue Reading Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in…
Kenya Plant Health Inspectorate Service (Kephis) inspectors check a consignment of horticultural products for export at the Jomo Kenyatta International Airport exit point. [Muriithi Mugo, Standard] Although Kenya has used the single-window system to highlight how simple it is to conduct business there, manufacturers do not share this sentiment. They claim that there is still fragmentation in the policy environment. This has been observed in their export enterprises, where a single window is crucial. Uncover the stories others won’t tell. Subscribe now for exclusive access Continue Reading Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience…
Energy and Petroleum CS Opiyo Wandayi tours the Kenya Pipeline Company oil jetty at the shore of Lake Victoria. [File, Standard] Questions have arisen on why the sale of the Kenya Pipeline Company (KPC) is being hurried, at least according to some quarters. Kenyans have also questioned why KPC is for sale, and not any other State agency? Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access. Continue Reading Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log…
Kenya Pipeline Company storage facilities in Nairobi. [File, Standard] Allocation of shares in the Kenya Pipeline Company (KPC) Initial Public Offering (IPO) will be on a pro rata basis, meaning that late bidders will still have a chance to receive shares. This allays fears that late comers into the bidding will miss out. Dr Kenne Belgrade of Faida Investment Bank, the lead transactional adviser for the KPC deal, says the one-month period given for the IPO is meant to allow purchasers to arrange for financing. Uncover the stories others won’t tell. Subscribe now for exclusive access Continue Reading Unlimited access to all…
President William Ruto and UK Prime Minister Keir Starmer after signing the Kenya-UK Strategic Partnership pact at the 10 Downing Street in London. [PCS] Kenya this week initiated discussions with the United Kingdom regarding a digital trade agreement as the country aims to double its business with the UK to Sh680 billion by 2030. In addition to the impending digital trade agreement, the government plans to liberalise foreign ownership of insurance companies for the benefit of the UK by amending the Business Laws Act (2024) through the Business (Amendment) Laws Bill, 2026. Bold Reporting Takes Time, Courage and Investment. Stand…
The East Africa Portland Cement in this undated photo. [Courtesy] Following a commitment from its parent company, Kalahari Cement, to invest $200 million (Sh26 billion) to triple its capacity, East African Portland Cement (EAPC) is scheduled to undergo a significant renovation of its production facilities. Just one year has passed since Amsons Group, the parent company of Kalahari Cement, announced a Sh52 billion investment in Bamburi Cement, another of its subsidiaries in Kenya. Bold Reporting Takes Time, Courage and Investment. Stand With Us. Unlock Full Access Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly…
President William Ruto during the launch of Nyota Project at the Eldoret Sports Club in Uasin Gishu County on December 08, 2026. [Peter Ochieng, Standard] Behind the much-publicised Sh30 billion National Youth Opportunities Towards Advancement (Nyota) project and its allure of “free” money lies a harsh reality: the government is using the programme mainly as a relief measure. Despite the number of catalytic funds set up by the government by different administrations and billions disbursed through them, for some reason – sometimes obvious – these allocations do not seem to solve the overall challenge of poverty alleviation, which is the…
Kenya Pipeline Company (KPC) petroleum storage facilities in Nairobi on August 21, 2024. [Kanyiri Wahito, Standard] The planned listing of Kenya Pipeline Company (KPC) in March is expected to push I&M Group out of the Nairobi Securities Exchange’s top 10 companies by market capitalisation. According to the lead transaction adviser, KPC will debut as the fifth-largest listed firm by value once it hits the bourse. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock Full Access Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted…
ALP Reit has invested in ALP North Park in Tatu City. [File, Standard] The Private Infrastructure Development Group (PIDG) has approved an investment to anchor the upcoming ALP Industrial Real Estate Investment Trust (ALP Reit), sponsored by Africa Logistics Properties Holdings Ltd (ALPH), marking a significant milestone in the development of Kenya’s institutional-grade industrial real estate sector. Through its project development solution, InfraCo, PIDG has committed to invest up to $15 million (Sh1.95 billion) as an anchor investor in the ALP Reit, subject to regulatory conditions and the successful completion of the ongoing capital raise. Approved by the Capital…
Treasury CS John Mbadi before the Departmental Committee on Finance and National Planning at Glee Hotel, Kiambu Road, on January 13, 2026. [Elvis Ogina, Standard] For less than Sh1,000, you can now own a piece of Kenya Pipeline Company (KPC) whose Initial Public Offering (IPO) was unveiled on Monday by the National Treasury Cabinet Secretary John Mbadi. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock Full Access Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else…
Treasury CS John Mbadi before the Departmental Committee on Finance and National Planning at Glee Hotel, Kiambu Road, on January 13, 2026. [Elvis Ogina, Standard] For less than Sh1,000, you can now own a piece of Kenya Pipeline Company (KPC) whose Initial Public Offering (IPO) was unveiled on Monday by the National Treasury Cabinet Secretary John Mbadi. Bold Reporting Takes Time, Courage and Investment. Stand With Us. Unlock Full Access Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else {…
Central Bank of Kenya in Nairobi. Chief economists expect global economic conditions to weaken [File, Standard] Economists in Sub-Saharan Africa are anticipating slow growth as geopolitical uncertainty and trade and investment tensions persist. The Chief Economists’ Outlook published by the World Economic Forum shows that as the number of economists anticipating moderate growth in the year dropped, those expecting weak growth increased almost by the same value. The January 2026 publication notes that the outlook for Sub-Saharan Africa slightly deteriorated compared to the previous edition. Follow The Standard channel on WhatsApp “While the share of respondents anticipating moderate growth in…
Kenya Bureau of Standards impounds tonnes of cement syphoned by cartels in Athi River. [David Gichuru, Standard] The consistent increase in the price of cement over the years has been a major contributor to the rising cost of construction in the country, which now stands at Sh54,730 per square metre for a simple bungalow. In 2024, this figure stood at Sh48,750, an increase of 12.27 per cent. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock Full Access Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and…
Stephen Muhoma a Jua Kali trader at Bama Market in Nakuru on June 13, 2019. [File, Standard] Kenya’s weak performance in the manufacturing and agricultural segments of the economy has been termed the genesis of slowed job creation in the wholesale and retail trade sector. A report by the Kenya Institute for Public Policy Research and Analysis (Kippra) notes that employment in the wholesale and retail trade sector has been declining post Covid period. This phenomenon has raised concerns on the sector’s contribution to the overall economy. Follow The Standard channel on WhatsApp The Kenya Economic Report 2025 explains that…
Base Titanium plant in Kwale County which has since ceased operations. [File, Standard] A few days ago, Kwale County Deputy Governor Chirema Kombo walked out of a consultative meeting chaired by the Mining Cabinet Secretary Ali Hassan Joho to discuss the prospects of the Mrima Hills project. The project located in the county has attracted several bidders, a majority of them international conglomerates eyeing deposits of niobium and other highly sought after brare earth minerals whose value is over Sh8.1 trillion. Bold Reporting Takes Time, Courage and Investment. Stand With Us. Unlock Full Access Unlimited access to all premium content…
New Wide Garments Kenya EPZ Limited in Athi River, Machakos County, on May 20, 2022. [File, Standard] Kenya’s competitiveness as an investment destination in the region is being edged out by other economies as latest data shows foreign direct investment (FDI) to the country stagnated at Sh195 billion ($1.5 billion) as at the end of 2024. Bold Reporting Takes Time, Courage and Investment. Stand With Us. Support Bold Journalism Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else { teaserEl.innerHTML…
Construction of Kenol – Sagana – Marwa highway. [File, Standard] Growth in the construction sector more than tripled in the third quarter of 2025, largely attributed to the resumption of road projects. According to the latest report by the Kenya National Bureau of Statistics (KNBS), the construction sector grew by 6.7 per cent in the third quarter of last year, from a negative growth of 2.6 per cent recorded in the same period in 2024. Uncover the stories others won’t tell. Subscribe now for exclusive access Support Bold Journalism Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized…
Construction sector growth triples as road projects restart Published Date: 2026-01-10 00:00:00 Author: By Graham Kajilwa Source: The Standard
Tourism Cabinet Secretary Rebecca Miano. [File, Standard] The establishment of a Tourism Crisis Management Unit is among the initiatives the government seeks to deploy to ensure the safety and security of visitors to the country. The government, in an effort to further build confidence among tourists, will list service providers on the National Tourism Service Portal. This is in addition to strengthening the presence of the Tourism Police Unit. The 2026 Budget Policy Statement by the National Treasury positioned tourism as a key pillar in advancing the country’s socio-economic well-being, hence the listed action plan. “Its multiplier effects extend across…
A report by the Architectural Association of Kenya shows that absorption of professional services in the construction industry is at 20 per cent. [Courtesy] Amid an aggressive plan by the government to build houses, behind the curtain, job seekers in the built environment are getting a cold reception from the sector that is outwardly thriving. They are unable to secure jobs despite completing their studies. A report by the Architectural Association of Kenya (AAK) claims that absorption of professional services in the construction industry is at 20 per cent. Additionally, the survey by the institution shows that nine in every 10…
Joint loan accounts offer a better pathway in home ownership. [Courtesy] When an estranged couple opts to air their dirty linen on the scales of justice, the fate of their matrimonial home forms a major part of their anticipated separation. The judge, in their Solomonic wisdom, has to decide who walks away with the keys – or if the unit can be divided. While such cases are a possibility for a couple, excerpts of a joint report from the Sacco Societies Regulatory Authority (Sasra), Financial Sector Deepening (FSD) Kenya and the Kenya Mortgage Refinance Company (KMRC) show that joint loan…
Kisumu National Polytechnic student taking Technical and Vocational Education and Training (TVET) programmes at the institution. [File, Standard] One thing Kenya’s economy always serves in plenty is deception. From the hawker who screams endlessly on the streets ‘mia-mia-soo’ which strangely means Sh300 to the butcher in your local market whose kienyeji chicken has nothing improved in them as claimed: the schemes are in plenty. A major one, however, is the illusion that advanced education increases one’s employability. It is a strategy that is likely to backfire, as a report by the State’s think tank, Kenya Institute for Public Policy Research and…
President William Ruto harvests sugar cane during the launch of the issuance of bonuses for sugarcane farmers in Mumias, Kakamega County, on January 20, 2025. [File, Standard] Kenya has formally exited the Common Market for Eastern and Southern Africa (Comesa) sugar safeguard regime, which the government has used for over two decades to protect the country’s sugar industry. Uncover the stories others won’t tell. Subscribe now for exclusive access Support Bold Journalism Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; }…
The 100 per cent NETA V electric vehicle showcased by MOJA EV Kenya Limited to convince digital taxi drivers to go green at Sameer Business Park in Nairobi, on May 31, 2024. [File, Standard] A recent spat between a disgruntled customer and Spiro Kenya, an electric motorbike company, that spilled to social media, may be a foreshadowing of the challenges that lie ahead for the sector. Uncover the stories others won’t tell. Subscribe now for exclusive access Support Bold Journalism Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards…
Treasury CS John Mbadi during the 2025 Budget reading on June 12, 2025 at Parliament. [Elvis Ogina, Standard] The plan to include the private sector in the distribution of subsidised fertiliser is one of the strategies the government is seeking to deploy to safeguard the country’s food security, having allocated Sh97 billion to the agriculture sector for the next financial year. Detailed in the Sh4.7 trillion 2026/27 draft budget, the government also targets strategic resource allocation to facilitate soil testing in order to ensure farmers get the right fertiliser for their crops and soil type. Uncover the stories others won’t…
How high power tariffs keep manufacturers uncompetitive Published Date: 2025-12-28 12:30:00 Author: By Graham Kajilwa Source: The Standard
Affordable electricity is still elusive for manufacturers, with the latest Kenya Economic Report showing that Kenyan industries pay twice as much per kilowatt-hour (kWh) of electricity compared to larger exporting economies such as China. Uncover the stories others won’t tell. Subscribe now for exclusive access Support Bold Journalism Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; } else if (now >= saleStart && now <= saleEnd) { paywallEl.style.display…
President William Ruto.[PCS] You might assume that, as Head of State with access to billions even beyond the allocated budget, President William Ruto’s life is almost a fairy tale. Yet, the past weeks have been tumultuous for him as he seized every opportunity to advocate for his vision of transforming Kenya’s development focus from a hustler-centred approach to a “Singapore” model. Unlock the Full Story — Join Thousands of Informed Kenyans Today Support Bold Journalism Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in…
President William Ruto and the late former Prime Minister Raila Odinga at Kirembe Grounds in Kisumu break ground for the construction of the LV Marina Housing Project. President Ruto said that the affordable housing project turns low-income earners like Mama Mboga into home-owners.[FILE,Standard] Amid an aggressive plan by the government to build houses, behind the curtain, job seekers in the built environment are getting a cold reception from a sector that is outwardly thriving. They are unable to secure jobs despite completing their studies. Uncover the stories others won’t tell. Subscribe now for exclusive access Support Bold Journalism Unlimited access to all premium content Uninterrupted…
A section of Dongo Kundu by pass. [File, Standard] If there is one topic that Kenyans still struggle to understand about the country’s finances is securitisation. It is a song that has been sang and chorused whenever President William Ruto steps on a podium to speak about the country’s economic future. Uncover the stories others won’t tell. Subscribe now for exclusive access Support Bold Journalism Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML…
Cyber criminal locking files. [GettyImages] Kenya’s gaming sector, including online betting and poker platforms are more susceptible to digital fraud attempts in the latest report by TransUnion, a global intelligence firm. The report lists the gaming platform at the top at 10.4 per cent as the most affected industry according to data from the first half of the year. Logistics comes second with 7.8 per cent, followed by government 7.5 per cent. “Government services (7.5 per cent) and logistics (7.8 per cent) also experienced elevated suspected fraud rates, illustrating a broad set of digital entry points vulnerable to fraudulent account…
Passion fruits at a farm in Molo, Nakuru County. [File, Standard] Like the United States President Donald Trump’s overreaching campaign slogan ‘make America great again’, there is a subtle narrative that the same can be applied to Kenya’s agriculture sector, at least to make it attractive to the youth. The belief is that the younger generation is not attracted to the country’s economic backbone due to the old-school farming methods that are not synonymous with what the agrarian revolution was envisioned to be. Uncover the stories others won’t tell. Subscribe now for exclusive access Support Bold Journalism Unlimited access to all…
President Ruto shares a light moment with Guinea Bissau’s Embalo and Ghana’s John Mahama at the AU’s 38th Assembly in Addis Ababa. [PCS] African leaders have continued to endorse a new initiative to overhaul outdated, selfish, and Western-centred global financial, health and development models that try to recolonise the continent. Through an initiative, dubbed the Accra Reset, a global south–anchored platform that calls for a fundamental re-engineering of international development, global governance, and financing models, the leaders led by Ghanaian President John Dramani Mahama plan to transform the continent’s financial architecture. Unlock the Full Story — Join Thousands of Informed…
National Treasury PS Chris Kiptoo before the National Assembly Special Funds Accounts Committee at Bunge Towers, Nairobi, on November 11, 2025. [Elvis Ogina, Standard] The government plans to shift some costly infrastructure projects to the private sector to reduce pressure on the country’s debt obligations. Uncover the stories others won’t tell. Subscribe now for exclusive access Support Bold Journalism Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; }…
National Treasury PS Chris Kiptoo before the National Assembly Special Funds Accounts Committee at Bunge Towers, Nairobi, on November 11, 2025. [Elvis Ogina, Standard] The government plans to shift some costly infrastructure projects to the private sector to reduce pressure on the country’s debt obligations. Uncover the stories others won’t tell. Subscribe now for exclusive access Support Bold Journalism Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; }…
Treasury CS John Mbadi (second left) receives National Student Budget Forum FY 2026/27 from the National Students Budget Chairman Solomon Oketch at the Treasury Building, Nairobi, on December 18, 2025. [Elvis Ogina, Standard] National Treasury Cabinet Secretary John Mbadi has strongly defended the Cabinet’s proposal to form a limited liability company to hold the National Infrastructure Fund, denying claims that public money would be directed to a private entity. Unlock the Full Story — Join Thousands of Informed Kenyans Today Support Bold Journalism Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel…
Insurance firms are warming up to adoption of Artificial Intelligence (AI) in delivery of service as the technology becomes critical in their business. AI and Internet of Things (IoT) are the go-to technologies in this space. Such has seen life policy provider Pioneer launching an AI and IoT transformation program in service delivery to clients. Follow The Standard channel on WhatsApp The move is part of the insurer’s strategic plan for its centennial celebrations as it moves to hit a hundred years since inception. Group Managing Director David Rono said the AI and IoT is one way of making insurance…
Kuscco Housing in Kitengela. [File, Standard] Razor-thin margins on the Kenya Mortgage Refinance Company (KMRC) backed loans have made Savings and Credit Cooperative Societies (Saccos) uninterested in extending credit to their members. Bold Journalism Builds Kenya. Stand With Credible Reporting Support Bold Journalism Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; } else if (now >= saleStart && now <= saleEnd) { paywallEl.style.display = “none”; var diffToEnd =…
President William Ruto at Ngarachi Comprehensive School in Laikipia west during the beginning of his tour of the Mt. Kenya region on April 1,2025.[FILE,Standard] The idea of a National Infrastructure Fund (NIF) as the magic wand that will transform Kenya into a first-world economy has been criticised by experts who have also questioned the Cabinet’s plan to create a limited liability company to house the Fund. For a country that is evidently struggling economically, with a debt that is inching closer to Sh13 trillion, governance experts argue that such a Fund equates to mortgaging the nation’s assets and taxpayers at…
President William Ruto at Ngarachi Comprehensive School in Laikipia west during the beginning of his tour of the Mt. Kenya region on April 1,2025.[FILE,Standard] The idea of a National Infrastructure Fund (NIF) as the magic wand that will transform Kenya into a first-world economy has been criticised by experts who have also questioned the Cabinet’s plan to create a limited liability company to house the Fund. For a country that is evidently struggling economically, with a debt that is inching closer to Sh13 trillion, governance experts argue that such a Fund equates to mortgaging the nation’s assets and taxpayers at…
President William Ruto at Ngarachi Comprehensive School in Laikipia west during the beginning of his tour of the Mt. Kenya region on April 1,2025.[FILE,Standard] The idea of a National Infrastructure Fund (NIF) as the magic wand that will transform Kenya into a first world economy has been criticised by experts who have also questioned Cabinet’s plan to create a limited liability company to house the Fund. For a country that is evidently struggling economically, with a debt that is inching closer to Sh13 trillion, governance experts argue that such a Fund equates to mortgaging the nation’s assets and taxpayers at…
Global business logistics import export background and container cargo freight ship transport concept. [File, Standard] Kenya is struggling to fully harness the huge benefits of the preferential trade agreements it has signed with various markets, largely because its export portfolio is narrow and dominated by low-value products. According to the Kenya Association of Manufacturers (KAM), many of the country’s exports lack competitiveness on the global stage, in part due to high domestic manufacturing costs that drive up final prices of these products. Bold Stories Shape Kenya. Support Credible Journalism Stand With Bold Journalism 》 Unlimited access to all premium content…
High Voltage power line in Suswa. [Courtesy] Kenya has signed a Sh40.4 billion ($311 million) power transmission deal that will improve electricity supply largely in the Western region through a public private partnership (PPP) deal. The deal will see the construction of two key transmission lines to evacuate renewable power as the country looks to add 10,000 megawatts (MW) to the national grid. Unlock the Full Story — Join Thousands of Informed Kenyans Today Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted…
KAM Chairperson Jane Karuku. [David Gichuru, Standard] An unfavourable domestic policy environment might be suffocating Kenya’s export growth, leaving more than Sh670 billion ($5.2 billion) on the table. A report by the Kenya Association of Manufacturers (KAM) analysing the country’s export competitiveness cites several setbacks among them cost of power, poor trade logistics infrastructure and policy gaps. The Kenya Export Competitiveness Study 2025 notes that while merchandise exports have grown in nominal terms, they still remain small relative to the country’s gross domestic product (GDP). This is as export competitiveness is estimated to have declined by about 40 per cent…
Higher Education Loans Board (Helb) Chief Executive Geoffrey Monari. [File, Standard] Higher Education Loans Board (Helb) Chief Executive Geoffrey Monari has been recognised for achieving an unqualified audit opinion from the Auditor General’s office during his time as the CEO of the Universities Fund. The award from the Office of the President and Head of Public Service was in relation to the Auditor General’s opinion for the 2023-24 financial year. Follow The Standard channel on WhatsApp Monari was the founding CEO of the Universities Fund and left the institution in March 2025 to join Helb. The award was presented…
Pension Fund. [Courtesy/GettyImages] For a sector whose assets under management will soon be hitting Sh3 trillion, one intriguing question emerges – where has the pension industry failed in aiding Kenyans to own homes? By June this year, assets under management in the pension industry as regulated by the Retirement Benefits Authority (RBA) stood at Sh2.5 trillion. This figure stood at Sh2.25 trillion in December 2024. Unlock the Full Story — Join Thousands of Informed Kenyans Today Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards…
Abubakar Hassan, PS for Investment Promotion, speaks at the Africa Investment Conference 2025. [Wilberforce Okwiri, Standard] The need to unlock locally driven funding models has been emphasised in the Africa Investment Conference (Afic) 2025 where top financial experts and policy leaders called for acceleration of cross-border investment frameworks and strengthening of market cooperation. The intention is to fuel long-term economic growth in the continent. Principal Secretary, State Department for Investment Promotion Abubakar Hassan Abubakar spoke of the need to strengthen Africa’s financial systems. “Africa is at a turning point and for us to compete globally, we must unlock capital within…
In today’s age of chatboxes, ChatGPT and agentic artificial intelligence (AI), there is a major looming fear among business leaders and the workforce alike – of the dying human touch. Unlock the Full Story — Join Thousands of Informed Kenyans Today Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; } else if (now >= saleStart && now <= saleEnd) { paywallEl.style.display = “none”; var diffToEnd = saleEnd…
Cabinet Secretary for Trade Lee Kinyanjui speaking at the event on Dec 9, 2025. [Graham Kajilwa, Standard] The government announced a new strategy designed to spur domestic pharmaceutical production, aiming to drastically reduce the country’s heavy reliance on imported medicines and medical supplies. This initiative, spearheaded by the Ministry of Investments, Trade, and Industry in collaboration with the Ministry of Health and the Kenya Development Corporation (KDC), addresses long-standing economic vulnerabilities and supply chain fragility. Central to this new push are plans to offer robust incentives, including guaranteed advance contracts for local manufacturers and innovative financial solutions engineered to resolve…
Mrima Hills in Kwale County are believed to contain rare-earth minerals. [File, Standard] A US-backed consortium has proposed a value chain approach in the extraction and development of rare-earth minerals at Kwale County’s Mrima Hills. The consortium, Mrima Earth Ltd, has already engaged the National Mining Corporation (Namico) in its prospect with the aim of offering a different approach in the sector. The consortium, majority-owned by US shareholders and supported by a substantial Kenyan base, is financially backed by leading North American institutional investors as well as a major US strategic partner. Follow The Standard channel on WhatsApp “Breaking from…
Tourism and Wildlife CS Rebecca Miano (third right), Laikipia artist Lentir Maso and Susan Nookisho during Lkereti album launch in Laikipia County, on December 7, 2025. [Wilberforce Okwiri, Standard] The government has emphasised the tourism sector’s potential in job creation, with Tourism and Wildlife Cabinet Secretary Rebecca Miano, noting the workforce extends beyond the three million documented. Speaking at the launch of a week-long tourism exhibition at the Kenyatta International Convention Centre (KICC) on Monday, the CS highlighted the sector’s critical role in growing the country’s Gross Domestic Product (GDP), stating its importance “cannot be understated.” “Tourism adds significantly to…
Treasury CS John Mbadi and Vodacom Group CEO Shameel Joosub after signing a long-term partnership to sale 15 per cent stake in Safaricom shares to Vodacom in Nairobi, on December 4, 2025. [Edward Kiplimo, Standard] The government’s planned sale of a 15 per cent stake of its shareholding in Safaricom to Vodafone Kenya for Sh244.5 billion will help to raise money for critical infrastructure projects. The proceeds of this transaction are expected to be invested in projects around energy, roads, water and airports, which are the key infrastructure outlined in President William Ruto’s plan of turning Kenya into a first-world…
3d illustration of atrium in a shopping mall.[Getty Images] The race to the skies by developers has now seen engineers lobby for local assembly of escalators and elevators. The push has also been informed by the thousands of units under the affordable housing programme (AHP) being constructed by the government across the country, which will also require this critical infrastructure. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber?…
People protest against the administration of US President Donald Trump’s decision to virtually shut down the United States Agency for International Development (USAID) at the US Capitol in Washington, DC, on February 5, 2025.[AFP] Close to Sh40 billion worth of members’ deposits held in Saccos affiliated to implementing agents of foreign aid are at risk following geopolitical shifts in external funding to needy nations such as Kenya. Saccos affiliated to organisations that depend on this stream of funds are said to have been left exposed as countries such as the United States cut back on foreign aid. Uncover the stories…
Kenyans are pessimistic about their own economic well-being, a new report shows, a situation that mirrors their views of the country’s economy. Unlock the Full Story — Join Thousands of Informed Kenyans Today Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; } else if (now >= saleStart && now <= saleEnd) { paywallEl.style.display = “none”; var diffToEnd = saleEnd – now; var totalSeconds…
During the launch of the 2025 KPMG Africa CEO Outlook report, Diamond Trust Bank (DTB) Kenya Chief Executive Murali Natarajan gave an insight into how corner office executives approach cybersecurity issues in their business. Unlock the Full Story — Join Thousands of Informed Kenyans Today Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; } else if (now >= saleStart && now <= saleEnd) { paywallEl.style.display…
Mrima Hills in Kwale County. The hills is said to contain rich minerals. [FILE/Standard] The Sh8.1 trillion (USD 62.1 billion) rare earth deposits at Mrima Hills, Kwale County, have once again attracted the interest of another investor seeking a slice of the project. Mrima Hills Consortium, a London-based private company known for the development of rare earth assets, says it has Sh130 billion (USD 1 billion) ready to inject into the project. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa,…
National Taxpayers Association(NTA),unveil taxpayers perception survey report and service charter and Monitoring framework.[Edward Kiplimo,Standard] A majority of Kenyans, six in 10, have never participated in the budget making process in their respective counties or at the national level. This disinterest documented in a new report has been linked to the low levels of tax compliance in the country. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in…
Pension administrators have formed a consortium that will grant them a slice of capital-intensive projects with the aim of providing better returns for their members’ savings. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; } else if (now >= saleStart && now <= saleEnd) { paywallEl.style.display = “none”; var diffToEnd = saleEnd…
President William Ruto and his Deputy Kithure Kindiki during the 22nd National Prayer Breakfast at Safari Park Hotel, Nairobi. May 28th,2025. [Elvis Ogina, Standard] Kenya’s tax regime has been criticised in a recent report as regressive, as it disproportionately targets poor individuals, contributing to higher levels of inequality in the country. The report, which reveals that the richest 125 individuals in the country hold more wealth than 43 million people, also found that nearly half of the population live in extreme poverty, below Sh130 per day. .fade-out-overlay { position: absolute; top: -80px; left: 0; width: 100%; height: 60px; z-index: 1;…
DIB Bank Kenya Head of Treasury and Representing the CEO’s Office Ms Mary Kanuku (Center), DIB Bank Kenya Banda Street Branch Manager Mohamud Maalim Adan (Left) and Corporate Customer Ahmed Abdikadir (Right) during the customer engagement session held at the DIB Bank Kenya Banda Street. [File, Standard] Dubai Islamic Bank (DIB) has launched its new brand identity in Kenya, reflecting the bank’s continued evolution and its commitment to bring its renewed vision and values to the international markets it serves. The new brand identity which was first introduced in the United Arab Emirates (UAE) during DIB’s Golden Jubilee, is now being unveiled in Kenya as part of the bank’s continued international…
Energy and Petroleum CS Opiyo Wandayi during a media briefing to announce the Government’s approval of the South Lokichar Field Development Plan (FDP). [Benard Orwongo, Standard] Kenya’s hope to be an oil export country has been renewed by the government’s approval of the South Lokichar Basin Field Development Plan. Viability of the Sh793 billion ($6.1 billion) project was confirmed by Energy and Petroleum Cabinet Secretary Opiyo Wandayi who exuded confidence that by end of 2026, drilling of the oil would have started. Unlock the Full Story — Join Thousands of Informed Kenyans Today Unlock the Truth Now 》 Unlimited access to all…
Gichugu Affordable Housing Programme, in Kirinyaga County which civil works were completed in May but Kenya Power expected to connect it with electricity to allow occupation. [Boniface Gikandi/Standard] The availability of small units in the market, which are unfit for family-oriented individuals and low-income Kenyans, is a major mismatch that ails the affordable housing initiative. Unlock the Full Story — Join Thousands of Informed Kenyans Today Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else…
The Kenya National Bureau of Statistics (KNBS) is strongly advocating for improved data utilisation as the country prepares to host the Global Data Festival in June 2026. Speaking on Tuesday, KNBS Director General Macdonald Obudho noted that despite vast amounts of data being generated, the consumption and application of this information remain insufficient. “A lot of statistics are being produced, but the concern is how well we utilise them,” Obudho emphasised. Follow The Standard channel on WhatsApp “We need to promote the use of statistics.” Obudho was speaking in Nairobi during the inauguration of the National Planning Committee for the Global Data Festival to be held next June. The launch coincided with the National Statistics Conference to…
Differences in perspectives across generations are among the key causes of conflicts in families when it comes to passing down family wealth in the modern business world. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; } else if (now >= saleStart && now <= saleEnd) { paywallEl.style.display = “none”; var diffToEnd = saleEnd – now; var totalSeconds = Math.floor(diffToEnd…
A rich businessman holding a wad of money. [Courtesy/GettyImages] Wealthy individuals are considering relocating their family offices to new jurisdictions to protect their wealth from being eroded by inflation. A report by Standard Chartered Global Private Bank also lists cyber security and geopolitical tensions as the other reasons behind the planned relocation, as these individuals deploy strategies to safeguard generational wealth. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Already a…
This photo illustration shows the DeepSeek app on a mobile phone on January 27, 2025. [AFP] Concerns about bias in artificial intelligence (AI) systems have become a major priority for chief executives, who view ethical issues as the biggest obstacle to adopting new technologies in their businesses. According to the 2025 KPMG Africa CEOs Outlook report, ranking at 63 per cent, ethical challenges top the list of worries for business leaders in the continent, compared to 58 per cent for CEOs globally. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access…
Cybersecurity concept. [Courtesy/GettyImages] The government is considering the creation of a new State agency on cybersecurity that will play a pivotal role in the country’s digital economy. Away from the Office of the Data Protection Commissioner (ODPC), which is tasked with ensuring just handling of data, the government wants a specific body on cybersecurity owing to the rapid growth of the country’s digital landscape and the consequent threats. Principal Secretary in the State Department for ICT and Digital Economy John Tanui says the new agency will also be responsible for the creation of new jobs. He stated that the cybersecurity…
Whenever affordable housing is discussed, the cost of land is always blamed for the skyrocketing prices of units. Several attempts have been made by both the private sector and the government to ease this pain point. Yet here in, maybe an opportunity, at least according to Kenya Mortgage Refinance Company (KMRC) Chief Executive Johnstone Oltetia. As the government pushes to deliver the much-needed two million units it promised to develop, the quality of land available for construction stands out as a major obstacle to the developers, particularly in the private sector. The situation is not being made any easier by…
Africans give a lot to churches and mosques, and this money can be channeled to fund businesses that would have a positive impact in their societies. [iStockphoto] The Chief Executive of Africa Venture Philanthropy Alliance (AVPA), Dr Frank Aswani, holds a wild thought on domestic capital mobilisation for entrepreneurs: If churches can build hospitals, schools and run them profitably, why can’t they also invest in startups? According to his observation, this is one of the funding avenues that economies like Kenya can pursue, instead of relying on foreign inflows. This money, while always available, is not suitable for economies on the continent,…
Group Managing Director and EABL CEO Jane Karuku. [Boniface Okendo, Standard] Behind the confidence that East African Breweries Plc (EABL) will not face challenges in raising Sh20 billion through the corporate bond it has floated, Group Chief Executive Jane Karuku harbours concern about how the market is performing. Even the positive aspects of it, evident by the performance of the Nairobi Securities Exchange (NSE), stable inflation figures and dropping interest rate, she says, do not tell the actual picture of why the market is the way it is – an ugly hourglass – where those at the top are doing…
Trade PS Ms Regina Ombam speaking during high level UAE – Kenya Trade & Investment Forum. [Wilberforce Okwiri, Standard] The Kenya-UAE Comprehensive Economic Partnership Agreement (CEPA) will be submitted to Parliament this week as the government fast-tracks its implementation. Trade Principal Secretary Regina Ombam, said the United Arab Emirates (UAE) has been pushing for the ratification of the trade deal that was signed in the beginning of the year. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters…
Safaricom PLC CEO Peter Ndegwa (centre), Chief Finance Officer Dilip Pal (left) and Safaricom Ethiopia CEO Wim Vanhelleputte, during half-year results 2025/2026 in Nairobi. [ Wilberforce Okwiri, Standard] Safaricom has cut its losses in the Ethiopia business by 20.1 per cent to Sh15.5 billion in the six months to September as the telco targets to break even by 2027 amid price correction and currency reforms in the market. During the period, Safaricom injected a further Sh26.4 billion into the business while keeping an eye on costs, keen to cushion the unit from currency depreciation. Uncover the stories others won’t tell.…
Safaricom PLC CEO Peter Ndegwa (centre), Chief Finance Officer Dilip Pal (left) and Safaricom Ethiopia CEO Wim Vanhelleputte, during half-year results 2025/2026 in Nairobi. [ Wilberforce Okwiri, Standard] Safaricom Kenya has reported a 22.6 per cent year-on-year rise in net income to Sh58.2 billion in the first half of the 2025/2026 financial year. The growth was driven by strong performance in M-PESA, the mobile money service, while Safaricom Group, which includes Safaricom Kenya and Safaricom Ethiopia, posted Sh42.8 billion in net income, a 52.1 per cent increase Service revenue, which includes M-PESA, grew 11.1 per cent to Sh199.9 billion for…
Gerald Kasimu, Head of Advisory at KPMG Africa. [Courtesy] The number of chief executives eyeing mergers and acquisitions has increased in the latest KPMG Africa CEO Outlook report, which raises questions of whether it is just a strategy or the lone survival option for businesses in the current economic conditions. The report by the audit and tax advisory firm shows that this year alone, 86 per cent of African CEOs have lined up plans for acquisition within the next three years. This is up from 77 per cent in 2024. Perhaps, this view, could also be explained by the muted…
President William Ruto during the 24th COMESA Summit of Heads of State and Government, Nairobi. [PCS] The introduction of domestic taxes such as excise duty in countries under the Common Market for Eastern and Southern Africa (Comesa) has raised concerns of uncompetitive practices in the region amid a push for a unified trade bloc. These taxes have also been highlighted by the East African Community (EAC), where all member States except Tanzania are also signatories to the Comesa treaty. Unlock the Full Story — Join Thousands of Informed Kenyans Today Unlock the Truth Now 》 Unlimited access to all premium…
Supporters of ACT-Wazalendo Party march past a Tanzanian Police vehicle (behind) during a protest in Kigoma on October 30, 2025 a day after Tanzania’s presidential and legislative elections. [Photo/AFP] If your favourite recreational drink is Konyagi, you may encounter a shortage at your favourite spot as Kenya battles with trade disruption due to political unrest in Tanzania. Konyagi, a popular spirit in the Kenyan market, is one of the products the country imports from Tanzania. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience…
Women from Manga cooperative group in Nyamira county doing value addition from Banana waste. [Graham Kajilwa] As the world grapples with the realities of resource depletion, pollution and climate change, a new way of thinking about production and consumption is taking root; the circular economy. Unlike the traditional “take–make–dispose” approach that drains natural resources and leaves behind mountains of waste, the circular model focuses on keeping materials in use for as long as possible. It’s about designing waste out of the system, finding value in by-products, and regenerating rather than depleting what the planet provides. Unlock the Full Story —…
From rot to revenue: How farmers are redefining waste into wealth Published Date: 2025-10-31 17:23:36 Author: By Graham Kajilwa Source: The Standard
When Tai Sacco unveiled Makao in 2021, a mortgage product, the demand was exponential. In about three months of disbursing Sh100 million each, John Mwangi, the Sacco’s chief executive, says there were already liquidity challenges. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Login Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; } else if (now >= saleStart && now…
The Affordable Housing Board (AHB) has on-boarded a transactional advisor to oversee the process of monetising the tenant purchase scheme (TPS) agreements through the capital markets. The plan, according to the board, is to help raise its revenue, which is currently made up of the Affordable Housing Levy and sales of units either through cash buyers or TPS agreements. Additionally, the board seeks to change its model of selling units, adopting the offtake method common in the Kenyan market among private developers. Follow The Standard channel on WhatsApp Such will ensure the board recoups a larger amount of its cash…
Suresh Bhudiya from Parklane construction limited receives a certificate from Mi Vida Homes Chief Executive Officer Samuel Kariuki to commence the construction of KEZA homes in Riruta. [File, Standard] Mi Vida Homes Ltd management has bought out the developer’s owners at an undisclosed amount, seven years after the company was incorporated. A statement from Mi Vida Homes indicated that the developer has reached a share purchase agreement for a management-led buyout of the business from Actis, a private equity fund. The buyout is, however, subject to regulatory approval. The amount involved in the transaction has also not been disclosed. Actis, in partnership with Shapoorji Pallonji incorporated…
As the climate change discourse rages on, in the real estate spaces, a major concern has been the cost of putting up a green development. Unlock the Full Story — Join Thousands of Informed Kenyans Today Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Login Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; } else if (now >= saleStart && now <= saleEnd) { paywallEl.style.display = “none”; var diffToEnd = saleEnd…
The Kenya Bureau of Standards (KEBS) is doubling on strategic partnerships to enhance product quality and safety across the market. Managing Director Esther Ngari said the agency has integrated collaboration into its core operations to effectively deliver on its mandate of setting and enforcing standards. Speaking during the World Standards Day on Tuesday, themed “Partnership for Goals”, Ngari cited public health, food security, and energy as some of the areas Kebs is seeking to collaborate with the relevant agencies. Follow The Standard channel on WhatsApp She said, so far, Kebs’ partnership with the Ministry of Health on the national fortification…
President William Ruto during the launch of Phase I of Konza Technopolis City in Makueni County, on October 13, 2025. [PCS] The government is set to table a Bill in Parliament to establish the National Infrastructure Fund (NIF), a key initiative by President William Ruto aimed at mobilising Sh4 trillion for major development projects across the country. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Login Already a subscriber? Log in…
A manufacturing plant. KAM report shows that majority of manufacturers expressed a negative outlook on the economy. [File, Standard] A relaxed monetary policy saw manufacturers borrow Sh17.2 billion more in the second quarter of this year, even as growth in the sector slowed down compared to the same period in 2024. Data from the Kenya National Bureau of Statistics (KNBS) shows that in the three months ended June 2025, the sector’s real gross domestic product (GDP) expanded by one per cent compared to 3.2 per cent in the same period last year. However, loans to the sector increased to Sh598.3…
President William Ruto and Burundi’s Evariste Ndayishimiye during the 24th Comesa Summit of Heads of State and Government at KICC in Nairobi, on October 9, 2025. [PCS] President William Ruto is advocating for the adoption of a single digital market within the Common Market for Eastern and Southern Africa (Comesa), aimed at boosting the region’s global competitiveness. As part of this vision, he is pushing for the integration of cross-border digital payment platforms, one of the key pillars he believes will revolutionise trade across member states. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth…
As climate change reshapes global priorities, the term ‘green buildings’ is gaining momentum in Kenya’s real estate circles. Unlock the Full Story — Join Thousands of Informed Kenyans Today Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Login Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; } else if (now >= saleStart && now <= saleEnd) { paywallEl.style.display = “none”; var diffToEnd = saleEnd – now; var totalSeconds = Math.floor(diffToEnd /…
Times Tower and CBK Pension Towers Hrambee Avenue Nairobi.[Wilberforce Okwiri,Standard] A new initiative is spearheading a push for a transformative universal social security policy in Kenya, advocating for a system that provides retirement benefits to all citizens, including the vast informal sector. The Pension Club International (PCI), championed by Dr Hosea Kili, managing director of CPF Financial Services Group, proposes funding the scheme, at least in part, through taxes. Dr Kili argues the current pension model is flawed due to its heavy reliance on the formally employed. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now…
As climate change reshapes global priorities, the term ‘green buildings’ is gaining momentum in Kenya’s real estate circles. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Login Already a subscriber? Log in `; } else { teaserEl.innerHTML = “”; } activeEl.innerHTML = “”; paywallEl.style.display = “block”; } else if (now >= saleStart && now <= saleEnd) { paywallEl.style.display = “none”; var diffToEnd = saleEnd – now; var totalSeconds = Math.floor(diffToEnd /…
Acting CEO SASRA David Sandagi, Cooperatives PS Patrick Kilemi and CS Wycliffe Oparanya during the annual statutory report on the operations and performance of the regulated SACCOs in Kenya. [Wilbrforce Okwiri,Standard] The Sacco Societies Regulatory Authority (Sasra) has launched an investigation into the consistent increase in the number of dormant members over the years, as the figure now inches closer to two million. While the number of active members and total membership is also increasing, the rate at which dormant members are accumulating is higher, informing Sasra’s intention to investigate the cause. In the latest report by the sacco regulator, the number of dormant…
Ronny Kibet and Faith Jerono packaging harvested Cotton in sacks in Koitilial village ,Arror ward,Elgeyo Marakwet County on February 2,2022.Farmers grow cotton in small scale despite the harsh weather conditions and lack of enough water. [Christopher Kipsang,Standard] Even though farmers have continued to expand the area devoted to cottonseed cultivation, yields per hectare have remained uncertain, raising concerns about productivity and profitability. Uncover the stories others won’t tell. Subscribe now for exclusive access Unlock the Truth Now 》 Unlimited access to all premium content Uninterrupted ad-free browsing experience Mobile-optimized reading experience Weekly Newsletters MPesa, Airtel Money and Cards accepted Login…