Latest from The Standard Business

20h ago

Improving eggshell quality in your layers

Approximately half of discarded eggs in poultry farming are due to shell quality issues, impacting farmer profitability and consumer availability. Factors like genetics, bird health, nutrition, and handling significantly influence eggshell integrity, as highlighted by Mrs. Kasendi Mutinda, a Kenyan farmer who collects 12 crates of eggs daily from her 500 layers.

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23h ago

CBK plans to slash mobile money fees by more than half

The Central Bank of Kenya (CBK) is reportedly planning to significantly reduce mobile money transaction fees, potentially by more than half.

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1d ago

Electric bike riders use Uber, Greenwheel in row over bonuses

This article discusses a dispute among electric bike riders regarding bonuses provided by ride-hailing platforms Uber and Greenwheel in Kenya.

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1d ago

Stakeholders push for youth-led solutions to East Africa's agriculture challenges

The East African Youth in Agri-Food Systems Expo 2025 (EAYASE-25) brought together young agripreneurs, policymakers, investors, and development partners to discuss youth-led solutions for East Africa's agricultural challenges.

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1d ago

Christmas fever: Five was to avoid borrowing without a realistic repayment plan

With Christmas declared by Mariah Carey, many Kenyans are facing financial strain due to soaring inflation and rising living costs, leading to increased reliance on digital credit. This article offers five key strategies to avoid borrowing without a realistic repayment plan during the festive season.

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1d ago

Right direction for the country, Mbadi defends Safaricom stake sale

National Treasury Cabinet Secretary John Mbadi has defended the government's plan to sell 15% of its Safaricom stake for Sh204.3 billion, dismissing concerns about undervaluation and positioning the move as crucial for infrastructure financing. This sale would increase Vodacom's stake in Safaricom to 55%, giving them effective control.

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1d ago

Mbadi: Cash raised from Safaricom shares sale to fund infrastructure

The Kenyan government plans to sell a 15 percent stake in Safaricom to Vodafone Kenya for approximately Sh244.5 billion to fund critical infrastructure projects across the country.

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1d ago

Treasury pockets Sh245b from Safaricom sale

The Kenyan government has successfully raised Sh244.5 billion through the sale of a 15 percent stake in Safaricom to Vodacom. This significant transaction was formalized with a long-term partnership agreement.

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1d ago

Who owns Kenya?: 2pc control over half of arable land

A recent report reveals that a mere 0.1 percent of wealthy Kenyans own over half of the nation's arable land, much of which remains idle. This concentration of land ownership is directly linked to widespread poverty and food insecurity across the country.

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1d ago

CS Joho on spot over licencing of Devki's multi-billion iron ore deal

Kenya's Ministry of Mining is facing scrutiny for allegedly granting Devki Group of Companies permission to extract iron ore without the consent of ranch owners. This comes after the commissioning of Devki's Sh11 billion steel plant by President William Ruto.

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2d ago

Treasury rakes in Sh245b from Safaricom sale transaction

The Kenyan Treasury has successfully raised Sh244.5 billion from the sale of a 15 percent stake in Safaricom to Vodacom. This significant transaction was formalized on December 4, 2025.

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2d ago

Who owns Kenya? Report shows 2pc control over half of arable land

A new report reveals that a small fraction of wealthy Kenyans possess over half of the country's arable land, much of which remains unused and is suspected to have been acquired irregularly.

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2d ago

Global firm acquires local insurance platform mTek

Kenyan digital insurance platform mTek has been acquired by global firm Bolttech, a move that bolsters Bolttech’s expansion in East Africa and enhances its embedded insurance capabilities.

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2d ago

Gulf bank unveils financing solution for pilgrim travelers

Gulf African Bank (GAB) has launched a new financing solution for accredited Hajj Agents, aiming to support their short-term working capital needs for pilgrim travel arrangements. This initiative reinforces the bank's commitment to the Hajj ecosystem and empowers agents to provide exceptional services to pilgrims heading to Mecca.

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2d ago

Why banks are eying more auctions on loan defaulters

This article is a placeholder with contact information for The Standard Group Plc, a Kenyan multi-media organization. It does not contain news content about banks and loan defaulters.

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2d ago

Multi-sectoral network calls for Sh9.7 million grant funding application for resilient cities

A global multi-sectoral network, the Million Lives Collective (MLC), in partnership with the Judith Neilson Foundation, has announced a new grant program for smart, healthy, equitable, and resilient cities in Africa.

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2d ago

State to heed ruling on new coffee payment system

The Kenyan government has announced it will comply with a court ruling that suspended the implementation of the Direct Settlement System (DSS) for coffee farmers. This decision necessitates proper public participation with farmers regarding the new payment model.

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2d ago

Motorists to enjoy Sh2 fuel discount in latest Safaricom-Vivo Energy partnership

Motorists in Kenya will receive a Sh2 fuel discount cashback through a new partnership between Safaricom and Vivo Energy Kenya. This initiative, part of the ‘Bundle Ya Deere’ proposition, aims to reduce operational costs and boost productivity for cab drivers.

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2d ago

Experts: Governance gaps hindering growth of blue economy

Maritime experts are urging for improved governance and community involvement to boost Kenya's Blue Circular Economy (BCE). They highlighted major issues concerning the lack of coordination in managing BCE and Maritime Domain Awareness (MDA).

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2d ago

Banks eye more auctions as defaults rise in construction loans

Kenyan banks are set to increase property auctions as a surge in loan defaults, particularly in the construction sector, impacts their portfolios. This move is a direct response to growing financial strain experienced by borrowers.

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2d ago

Private sector expansion fuels fastest job growth in over 2 years

This article is a placeholder with contact information for The Standard Group Plc, a major multi-media organization in Kenya. It does not provide details on private sector expansion or job growth.

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2d ago

Report: Public debt burden locks Kenyans out of health, education

A new report by the Kenya Human Rights Commission (KHRC) reveals that Kenya’s mounting public debt and significant public wage bill are severely impacting the provision of vital social services, thereby eroding the economic and social rights of its citizens.

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2d ago

Transporters hit as port's empty containers backlog crisis worsens

Transporters at the Mombasa port are facing significantly higher operational costs due to severe delays in handling empty containers. This issue, initially isolated to a few depots, has escalated into a major logistical crisis as cargo volumes surge.

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3d ago

MKU inks training deal with Abu Dhabi Maritime Academy

Mount Kenya University (MKU) and the Abu Dhabi Maritime Academy (ADMA) have signed a Memorandum of Understanding (MOU) to enhance seafarer training in Kenya and the region. This partnership aims to co-design and deliver courses in maritime studies, artificial intelligence in maritime applications, and marine safety and sustainability.

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3d ago

Developers push for local assembly of escalators, elevators

Developers are advocating for the local assembly of escalators and elevators in Kenya, driven by the increasing number of high-rise developments and the government's affordable housing program.

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3d ago

Dubai, United Arab Emirates, March 2018 - Aerial view of Dubai Frame

A recent report by the Moneylender Company in Singapore reveals that Dubai's real estate market offers the highest returns globally, with apartment prices more than doubling in just three years. This trend highlights a shift towards emerging markets for more lucrative investment opportunities compared to overvalued Western markets.

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3d ago

Why Kenya Power has scrapped manual applications for new electricity connections

Kenya Power has announced that new applications for electricity connections will now be processed exclusively online, discontinuing manual submissions at their service centers and banking halls. This change is effective this week and aims to improve efficiency and customer experience.

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3d ago

China-Kenya cooperation 'Injects New Momentum' into global south modernisation

Kenya and China reaffirmed their deepening ties at a high-level forum in Nairobi, emphasizing the growing significance of their cooperation in shaping the future of the Global South. The event highlighted shared development paths and the release of the English edition of Xi Jinping: The Governance of China (Volume V).

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3d ago

Delivery platforms expand protections, training for African riders

Digital delivery platforms in Africa are enhancing protections and training for their riders, responding to growing calls for better social safeguards and fair compensation in the gig economy. These initiatives aim to balance the flexibility offered by app-based work with increased support for riders.

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3d ago

Trade CS says litigation, bureaucracy eroding investor confidence

Kenya's Investment and Trade Cabinet Secretary, Lee Kinyanjui, has warned that prolonged litigation and bureaucratic procedures are harming investor confidence and slowing down industrial development in the country. He emphasized that these issues prolong the time needed to establish capital projects, making Kenya less competitive compared to its neighbors.

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