Business

According to Auditor General Nancy Gathungu, the corporation is struggling to service the loan due to insufficient revenue generation and retention of freight funds by the Kenya Ports Authority (KPA).

Kitui Rural MP David Mwalika questioned whether skipping committee meetings reflects the “kind of expertise that led to his poaching from ODM”.

With clone iPhones flooding Kenya, experts reveal simple steps to verify authenticity and avoid costly scams.

All manufacturers must pay 0.2 per cent of monthly turnover capped at Sh4 million or face heavy penalties, with exemptions for businesses under Sh5 million.

Ministry of Information stresses that the amendment could disrupt national digital connectivity plans, inflate project costs, and hinder equitable distribution of ICT infrastructure benefits across counties.

TikTok has been facing increased scrutiny in Kenya following a March 2025 investigation that found minors were vulnerable to sexualised livestreams on the platform.

OpenAI officials have clarified that no change has been made to ChatGPT’s core capabilities or policies.

Construction is scheduled to begin with the arrival of equipment in September 2025, laying the foundation for the entire system to be operational by June 30, 2026.

Counties with strong infrastructure perform better across these areas, creating a cycle of investment and innovation that further strengthens local economies.

Despite the stability, annual food inflation stayed high at eight per cent, continuing to strain household budgets.

In early versions of the feature, users can open their settings and access a section tentatively called “Your Algorithm” or “Content Preferences”.

Users can open individual conversations, view messages, listen to voice notes, and even send replies using either voice dictation, emoji reactions, or pre-set quick responses.

Under the new rules, all packaged foods must display nutritional content in a clear and visible manner.

Trade data shows that more than half of Kenya’s exports to the US consist of clothing, macadamia, coffee, titanium ores and concentrates, and black tea.

Announced on Wednesday by CEO Shishir Mehrotra, the rebrand signals Grammarly’s evolution from a niche writing tool into a full-scale AI productivity ecosystem.

The NSE urged investors to conduct due diligence when buying or selling its shares—whether for themselves or on behalf of clients—to avoid breaching the prescribed thresholds.

KPA Chairman Benjamin Tayari praised the government for its continued focus on digitising travel systems, noting that the streamlined ETA platform had significantly reduced delays for travelers entering the country.

Committee chair Johana Ng’eno noted that market users must guide decisions on layout and security installations. He said the government should listen carefully to those who rely on the markets daily.

Tourism and Wildlife Cabinet Secretary Rebecca Miano described the collaboration as a milestone in regional tourism, emphasising that both governments are keen to make East Africa a more connected and sustainable destination.

The audit reveals that numerous payments were made without proper documentation, while some land valuations were inflated, raising questions about governance and compliance.

The line generated Sh17.94 million in the first six months of the year, marking a 36.3 per cent increase from the previous year.

CS Mutua disclosed that after discussions between the Ministry of Agriculture, the Kenya Sugar Board, and the National Treasury, an MoU was signed on May 7, 2025, to guide the restructuring process.

A surge in expatriate departures following aid cuts has eased rental prices across Nairobi, yet strong local demand continues to push up the cost of detached homes in prime suburbs and satellite towns.

Tighter household budgets and weaker buyer activity are slowing land price growth across Nairobi’s suburbs and satellite towns, with developers now driving the market.

HassConsult noted that Sh1 million invested in satellite town land in 2007 would now be worth Sh13.23 million, compared with Sh7.4 million in Nairobi suburbs, highlighting long-term resilience despite short-term slowdowns.

AGRA cautions that continued below-average rains could push some areas into crisis, especially as poor harvests and constrained labour income further limit food access.

The Tax Appeals Tribunal ruled in Zhao's favour, finding that the 60-day period within which KRA was required to issue its objection decision should have been calculated from the date of the initial email objection.

The report also highlights Kenya's continued appeal as a technology and innovation hub, pointing to major investments by global giants such as Google, Meta, and Microsoft

The per-chat storage management tool will allow users to view and control how much space each chat or group occupies.

Users will be able to link their PayPal accounts within the ChatGPT app, view balances, and confirm transactions securely inside OpenAI’s ecosystem.

Kenyan gaming creators, many of whom post unedited gameplay, reviews, and live streams, will now need to make creative adjustments to remain compliant.

This change would allow counties direct control over fees from electricity lines, substations, and other state-owned infrastructure running through public land.

Power purchased from Uganda nearly doubled compared to the previous month, reaching 32.5 million kWh in August from 18.95 million kWh in July.

Stagnant wages, rising expenses, and the appeal of financial independence are prompting employees to manage multiple income streams, blending formal employment with side ventures.

Production kept pace with demand, rising to 920,442 tonnes, up from 906,979 tonnes in July, ensuring adequate supply to meet the growing market.

Amazon hired as its delivery demand peaked during the COVID pandemic, meaning analysts anticipated layoffs. The company is also in the process of boosting its AI spending with a view to streamlining.

Spotify says the Apple TV app has been “rebuilt from the ground up” with smoother navigation, new visual layouts, and faster browsing.

When composing a new Thread, users will now notice a small ghost icon beside the post button. Activating it turns the post into a Ghost Post, meaning the post is visible to followers and the public for 24 hours before it automatically fades away from feeds.

The committee is now urging the National Treasury to enforce strict measures, including performance-based benchmarks and readiness checks before approving new borrowing, to reduce the accumulation of unnecessary fees.

15 of the 20 companies faced fines amounting to at least half of the assets they failed to remit. CIC Insurance bore the largest penalty of Sh999.6 million for not remitting Sh1.4 billion.

Producer inflation, which captures the changes in costs before goods reach the consumer, can influence retail prices.

The two-day meeting has drawn together government officials, logistics experts, and private sector representatives from across Africa, seeking to explore how modernisation can drive efficiency without sidelining the human element that keeps the industry running.

The Tax Expenditure Report 2024 highlights that the bulk of the increase was driven by import excise duty, which almost tripled to Sh6.2 billion from Sh2.1 billion the previous year.

The proposed regulations aim to introduce strict rotation rules, capping the tenure of audit partners, managers and staff at four consecutive years, while the audit firm itself will be limited to eight consecutive years.

The proposed law divides the fund into three components to shield the economy from revenue shocks, finance strategic projects and secure resources for future generations.

Government ministries, departments, and agencies spent Sh366.5 billion between July and September 2025 on recurrent votes such as salaries, wages, administration and the operation and maintenance of offices, compared with Sh280.09 billion in the same period last year.

The report, which covered 36 banks and microfinance institutions, showed that for every Sh100 profit, the exchequer collected Sh38.50 in taxes.

Muriithi said the Fund believes the shilling’s performance against the dollar is ‘too stable’, and the scope is interfering with monetary policy transmission and inflation targeting.

Kenya remains under FATF grey listing, after being flagged in February 2024, a decision that has rattled its financial sector.

According to the findings, most firms still have unused capacity, allowing them to respond to surging demand without making large new investments.

The HEST II project is expected to benefit over 20,000 students, including 8,000 young women, and generate about 5,000 direct and indirect jobs in the country.