Business

The affected workers were employed through GlobalLogic, a Hitachi-owned outsourcing firm, and its subcontractors.

In the past, users had to rely on paid or limited third-party services to shift their libraries, often facing data losses or incomplete transfers.

The Central Bank of Kenya raised the base lending rate to 13 per cent in February 2024 and maintained it until August, driving some commercial lenders to charge as much as 25 per cent.

Currently, at least 25 power plants supply the national grid, operated by both government-owned and independent companies.

Until now, mobile users on the free plan were restricted to shuffle mode for most albums and playlists, with limited skips per hour.

According to the Agriculture and Food Authority (AFA), total flower exports fell by 12 per cent from 116,273 tonnes in 2024, translating to a Sh72.1 billion loss in export value.

The association said the monthly price revisions have become a “circus” designed to keep the public anxious and condition Kenyans to accept unpredictable hikes.

According to the report, about 15 per cent of homes in mid and high-end neighbourhoods have shifted to short-let platforms, squeezing traditional renters.

Mbadi said the arrangements fall outside the budget financing framework and therefore cannot be classified as public debt.

CBK said the surge is linked to geopolitical tensions in the Middle East and disruptions in global supply chains.

The maximum retail prices for super petrol, diesel and kerosene have dropped by Sh0.79, Sh0.11 and Sh0.80 per litre, respectively.

KEPHIS Chairman Joseph M’Eruaki maintained that the charges are part of its constitutional duty and warned that removing them would compromise national efforts to safeguard agriculture and trade from invasive pests and diseases.

The report also flags political instability and limited resources as barriers to effective policy implementation. These factors often undermine even well-designed initiatives, slowing their impact on development outcomes.

In 2013, the share of women in high-skill employment was already higher than that of men, at 21.2 per cent, compared to men’s 17.5 per cent.

At the core of the bill is a 'digital curfew' that would block access to apps like TikTok, Instagram, and Snapchat between 10:00 pm and 8:00 am for users aged 15 to 18.

The five-year Sh7.1 billion initiative was designed to fill financing gaps in the MSME sector, gaps that widened during the Covid-19 pandemic.

CBK statistics show that default rates drop as the size of the loan increases, with loans between Sh1,000 and Sh5,000 showing a 69.4 per cent non-performing ratio, while loans ranging from Sh50,001 to Sh100,000 record the lowest default rate at 16.4 per cent.

The findings, covering the period up to June 30, show multiple breaches of public service regulations and highlight serious risks to the refinery’s financial stability.

Wycliffe Oparanya said that Kenyans who have failed to repay Hustler Fund loans will be barred from accessing credit from banks, SACCOs, and other financial institutions.

World Bank highlights that economic management remains Kenya’s strongest pillar, attaining a score of 4.2 in 2024, up from 4.0 in the previous year.

Without intervention, experts from the International Livestock Research Institute (ILRI) warn that the emissions could triple by 2050.

The increase comes at a time when governments are under mounting pressure to accelerate the transition to low-carbon economies.

The PS said that doubts over its control were misplaced since vendors had “completely and unconditionally” surrendered the platform to government agencies.

The report shows the company might have to pay Sh2.3 billion in a legal dispute with another firm, a ruling already issued by a tribunal and upheld by the High Court.

Bolt said drivers who maintain excellent ratings, accept trips promptly, and complete a large number of rides are the ones seeing the highest earnings.

The introduction of lossless streaming comes after extensive speculation about whether Spotify would gate the feature behind a premium tier subscription.

The launch marks an expansion of PlayStation’s existing parental control ecosystem, which already includes playtime limits and age restriction settings on the PS5 and PS4 consoles.

The arrangement will allow Kenya to channel resources into agricultural projects, irrigation, food storage infrastructure, and nutrition programmes, helping address hunger while lowering debt pressure.

In a circular issued on Monday, Treasury Principal Secretary Chris Kiptoo directed accounting officers to use IFMIS for pending bills, goods and services, and contracts signed before July.

The report notes that 82 per cent of banks intend to shrink their cost base by at least 10 per cent by 2030, with around a third aiming for reductions exceeding 20 per cent.

Several ADC land parcels are at risk due to ongoing disputes and encroachment. One notable case involves 175 acres claimed by another entity, which contends the land was originally acquired from someone other than ADC.

The CS said the initiative was intended to provide affordable loans to the informal sector, which he described as “the backbone of Kenya’s economy.”

The selfie camera now supports 4K video at 60fps, along with cinematic stabilization, making it ideal for vloggers, influencers, and remote workers relying on video calls.

Dubbed Millers for Nutrition, an international coalition advocating for food fortification, is urging immediate action to address these systemic gaps.

In the 12 months leading up to June 2025, property prices in the country rose by 7.8 per cent, the highest annual increase among all the analysed markets.

Beneath the elegant surface lies a playful, deeply personalized system that responds to your hardware in real time.

The growing power of artificial intelligence was a deciding factor in a court's decision not to break up Google and its Chrome search browser. It is another reminder of the expanding influence of AI.

Available in 6.3-inch and 6.9-inch sizes respectively, iPhone 17 Pro and iPhone 17 Pro Max deliver Apple's best-ever performance and a significant leap in battery life, the company said.

The issue of wayleave fees has been contentious, with state agencies and counties frequently clashing.

Government pricing through the National Cereals and Produce Board (NCPB) was lowered to Sh3,500 per bag, down from Sh4,000 the year before.

The announcement marks the first time OpenAI has committed to giving parents direct oversight of how their children use its flagship chatbot.

Adobe says the app plans to also incorporate AI.

The facility is poised to significantly reshape Kenya’s digital infrastructure landscape and position the country as a continental technology hub.

KAM Chief Executive Tobias Alando noted that the private sector is the country’s second-largest employer of wages, after the government, underscoring the importance of supporting manufacturing for economic growth.

PS Belio Kipsang defended the selection, emphasising that the firms were chosen through a proper procurement process and had the expertise needed to maintain the system efficiently.

The lifting of the moratorium on new banks and raising capital requirements could be the start of more changes in the Kenyan banking sector.

Reports point to four models: the iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max, and an all-new iPhone 17 Air.

According to Google, audio uploads have been the most requested feature since Gemini launched.

The Sh632.3 billion expenditure on interest payments between July 2024 and June 2025 eclipsed the Sh545.8 billion allocated to all development projects for the period and was just Sh40 billion shy of the funding allocated to the entire education sector.

In its latest Africa Food Systems report, the Alliance highlights that billions of dollars in funding commitments have not translated into significant reductions in food insecurity.