Kenya’s editors and journalists are seeking greater access to information on government borrowing and complex financing arrangements, amid concerns that weak disclosure is making it difficult to assess the risks and obligations attached to public funds. The Kenya Editors Guild (KEG) raised the issue during a peer-to-peer engagement on complex and high-risk public financing in Nairobi on Thursday, where journalists examined gaps in reporting on public debt and government financing arrangements. KEG president Zubeida Kananu said newsrooms needed to look beyond official accounts and examine the financial commitments created by such deals. “Our responsibility as editors and journalists is not…
Author: Samuel Njihia
Kenya Airways (KQ)’ long-running search for a strategic investor has entered a decisive phase, with the government setting December as the deadline to secure fresh capital for the loss-making national carrier and begin reducing its reliance on taxpayers. “Kenya Airways and the government as the majority shareholder, are actively seeking to raise capital through a strategic investor to help stabilise, grow its operations and as a turnaround Strategy for the Airline,” Treasury said in a response to Parliament’s Public Accounts Committee. “This process is currently ongoing and is targeted to be finalised by December 2026. Once a consensus is reached,…
The United States has regained its position as Kenya’s biggest coffee export market by volume, with changing work habits and household cost pressures helping drive a resurgence in American coffee consumption. Agriculture and Food Authority data show US buyers took 10,844.1 tonnes of Kenyan coffee worth Sh7.42 billion in the year to June 2025, accounting for 21.4 per cent of total export value. Belgium, which had displaced the US as the leading destination, bought a larger value of coffee at Sh7.62 billion from 8,332.5 tonnes, but its share of total earnings was lower at 16.44 per cent. The change in…
Airtel Money Kenya is heading into a major corporate milestone without Anne Kinuthia-Otieno, the executive who oversaw its push to become a stronger challenger to Safaricom’s M-PESA. Ms Kinuthia-Otieno has stepped down as managing director of Airtel Money Kenya, ending a nearly five-year tenure during which the mobile money platform expanded its agent footprint, deepened commercial partnerships and increased its share of Kenya’s fast-growing digital payments market. Her exit comes as Airtel Africa prepares to take its mobile money business to investors through a planned London listing next year, a move expected to unlock value from one of the group’s…
The Co-operative Bank of Kenya has been named SME Bank of the Year in Africa at the 20th African Banker Awards, recognising its role in financing small and medium-sized businesses across the region. The award was announced Wednesday in Brazzaville, Republic of Congo, during a ceremony held alongside the African Development Bank Annual Meetings. The event is organised by African Banker magazine and IC Events, under the patronage of the African Development Bank. Co-op Bank was selected from a field of continental lenders, with judges citing its sustained focus on SME lending and expanded access to credit for small businesses.…
Rising fuel prices are squeezing businesses and households across Kenya, with the country’s top trade lobby warning that mounting taxes could further damage an already strained economy. Speaking during a webinar organised by the Kenya National Chamber of Commerce and Industry in partnership with Ichiban Tax & Business Advisory LLP, KNCCI chief executive KK Mutahi said soaring pump prices were pushing up the cost of transport, production and everyday essentials. “Fuel is not a luxury. It is the bloodstream of the economy,” Mutahi said. “It moves goods, powers production, supports logistics, and influences the price of almost every product and…
Schneider Electric has launched a new Innovation Hub and Hands-On Training Centre in Nairobi, strengthening its push into energy digitalisation, skills development and sustainability across East Africa. The global energy technology firm announced the opening on Wednesday, saying the facility is intended to support more efficient energy management and automation in the region. The centre is based at its new offices on the 10th Floor of The Purple Tower on Mombasa Road. Described by the company as a “living showcase” of its technologies, the Innovation Hub allows customers, partners and industry stakeholders to engage directly with integrated energy and automation…
Matatu operators have suspended their strike for one week, easing days of disruption that left many commuters stranded across most parts of the country. The move will allow talks between the government and transport stakeholders over fuel prices. Interior Cabinet Secretary Kipchumba Murkomen said on Tuesday that both sides agreed on the need for urgent discussions. “There was a need for negotiations with stakeholders at a high level, and they will take place within the next one week,” Mr Murkomen said. He added that the suspension would ease pressure on the public while allowing room for dialogue. “The strike is…
Long-serving Nation Media Group (NMG) chairman Dr Wilfred Kiboro is set to retire at the end of this month after three decades of leadership at the company. In a leadership transition, Joseph Muganda – a former chief executive of NMG – has been appointed as the new chairman of the Board of Directors, effective during the Annual General Meeting slated for June 27, 2025. Mr Muganda has over 30 years of experience working with big companies in Africa and the UK. He joined the Nation Media Group Board on November 1, 2024, and was the Group CEO from 2015 to…
Kenya is divided into 47 counties, each with its own unique code. The counties, which were previously known as districts before the promulgation of the 2010 Constitution, are basically subdivisions within the country for the purposes of local governance and administration. Here is a comprehensive list of 47 counties in Kenya along with their respective codes, from 1 to 47, to help you understand the country’s administrative divisions. Mombasa County County Code: 01 Governor: Abdullswamad Sherrif Nassir Kwale County County Code: 02 Governor: Fatuma Mohamed Achani Kilifi County County Code: 03 Governor: Gideon Mung’aro Tana River County County Code: 04…
