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Schneider Electric launches made-in-Kenya Prisma iPM switchboard
By Citizen Reporter,
1429, February 24, 2021 (EAT)
Schneider Electric is supporting the national 'Buy Kenya, Build Kenya' initiative by announcing the launch of locally-manufactured Prisma iPM electric...
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Petrol prices jump by Ksh.8, diesel by Ksh.5
By Kepha Muiruri,
1321, February 14, 2021 (EAT)
Petrol users will part with more for fuel with the commodity seeing the greatest jump in costs at Ksh.8.19 in the latest review of maximum pump prices...
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Is online trading a safe way to invest in markets?
By Citizen Reporter,
1556, February 11, 2021 (EAT)
COVID-19 has definitely disrupted several economies resulting in catastrophic losses but if one were to look at the financial markets' conditions, it ...
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Speculative buyers hit in property & land prices cooldown
By Kepha Muiruri,
1513, February 3, 2021 (EAT)
COVID-19 related disruptions in real estate have halted returns to speculative buyers with property and land prices closing 2020 on a cool down. Ac...
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January inflation rises to 5.69pc as Kenyans brace for tough times
By Kepha Muiruri,
929, January 30, 2021 (EAT)
The rate of inflation has soared again in January to reach 5.69 per cent from 5.62 per cent in December as the pressure piles on consumer spending. ...
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CMA eyes low costs to boost market activity
By Kepha Muiruri,
1355, January 29, 2021 (EAT)
The Capital Markets Authority (CMA) has set its sights on effecting lower transaction costs to boost trading at the Nairobi Securities Exchange (NSE)....
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Kenyans close the year with emptier pockets as December inflation spikes to 5.6%
By Kepha Muiruri,
1747, December 31, 2020 (EAT)
Kenyans pain at the close of the year has been exacerbated by thinning disposable income with the rate of inflation spiking to 5.6 per cent in Decembe...
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Motorists to pay more as fuel prices go up in latest review
By Kepha Muiruri,
647, December 15, 2020 (EAT)
Motorists will pay more for fuel from midnight on Tuesday as the Energy and Petroleum Regulatory Authority (EPRA) effects higher petroleum costs. T...
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EPRA denies approving Kenya Power tariff hike
By Kepha Muiruri,
1737, November 5, 2020 (EAT)
The Energy Petroleum and Regulatory Authority (EPRA) has denied approving higher electricity prices by giving the nod to Kenya Power to raise its reta...
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East African Portland Cement trims annual loss to Ksh.2.8 billion
By Kepha Muiruri,
1506, November 2, 2020 (EAT)
The East African Portland Cement Company (EAPCC) has announced an 18 per cent truncated loss to Ksh.2.8 billion in the year closing June 30. The na...
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Zimbabweans turn to sex work amid economic crisis and COVID
By Reuters,
1149, October 29, 2020 (EAT)
Dressed in a miniskirt and blouse, Esther Kamupunga stood in semi-darkness waiting for men looking for sex - the latest Zimbabwean to lose her job in ...
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KEMSA procurement fault to cost taxpayers over Ksh.2 billion loss
By Elphas Lagat,
1224, September 23, 2020 (EAT)
The Kenya Medical Supplies Authority (KEMSA) is staring at dead stock of COVID-19 commodities worth more than Ksh.6.2 billion. KEMSA is now seeking...
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Petrol prices rise by Ksh.1.48 as diesel and kerosene costs drop
By Kepha Muiruri,
1703, September 14, 2020 (EAT)
Petrol prices are set to increase by Ksh.1.48 per litre at midnight on Monday as the Energy and Petroleum Regulatory Authority (EPRA) impacts its mid-...
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How government milked price controls to slap Kenyans with high fuel costs
By Kepha Muiruri,
1719, July 15, 2020 (EAT)
In 2011, the government moved to enforce price controls by effecting maximum pump prices through the then Energy Regulatory Commission (ERC). The e...
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Petrol, diesel prices rise by Ksh 11.38 and Ksh.17.30
By Kepha Muiruri,
932, July 15, 2020 (EAT)
The rise in landed cost of imported fuel has marked the end of relief for motorists as petrol and diesel costs pick up by Ksh.11.38 and Ksh.17.30 resp...
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Covid-19: Winners from the pandemic
By Kepha Muiruri,
1047, July 9, 2020 (EAT)
In spite of a dismal year for most companies, a minority of firms have risen above the adversities to shine against the fallout from the Covid-19 pand...
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How businesses in East Africa can emerge stronger from COVID-19 pandemic – Report
By Citizen Reporter,
928, June 24, 2020 (EAT)
Governments in the East African region are being advised to come up with additional measures including incentives to enable businesses capitalize on o...
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Petrol prices rise by Ksh.5.77 as diesel, kerosene costs fall
By Kepha Muiruri,
1647, June 14, 2020 (EAT)
Motorists have registered a mixed bag of fortunes in the movement of fuel costs as petrol rises by Ksh.5.77 a litre while diesel costs fall by Ksh.3.8...
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Oil marketers in Kenya under fire over hoarding fuel stocks in anticipation of price increase
By Kepha Muiruri,
1444, June 10, 2020 (EAT)
Oil Marketing companies (OMCs) are once again on the spot as they now hold back stocks of fuel in anticipation of a price increase in the next maximum...
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Carrefour takes up space at Nakumatt’s defunct mega store
By Kepha Muiruri,
1440, June 10, 2020 (EAT)
Carrefour supermarket chain will on Thursday officially launch operations at Nakumatt’s former mega-store along Uhuru Highway. The Majid Al Futta...
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