Latest from The Standard Business

5h ago

Why Kenya's Sh2.5 trillion pension funds hold key to increased home ownership

Kenya's substantial pension funds, nearing Sh3 trillion in assets under management, are being scrutinized for their potential to boost home ownership. Despite this significant financial power, questions arise regarding the pension industry's effectiveness in aiding Kenyans to acquire homes.

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5h ago

Most expensive cities to use public transport globally

A recent study by Deluxe Holiday Homes has identified the most expensive cities globally for public transportation. The study pinpoints Amsterdam, Berlin, London, Hong Kong, and Milan as the top five cities.

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5h ago

Mbadi: Why we sold Safaricom shares to Vodacom

Kenya's Treasury CS John Mbadi has defended the government's decision to sell a 15 percent stake in Safaricom to Vodacom, despite public criticism. The move bypassed a public offer that would have allowed local investors to increase their ownership in the highly profitable telecommunications company.

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11h ago

Kenya joins push for continental shipping line

Kenya is joining a continental initiative to establish a coordinated sea transport system, following a detailed feasibility study revealing the fragmented nature of Africa's maritime sector. This move aims to address weak transport links and the reliance on foreign shipping lines across Eastern, Southern, and Northern African (ESNA) countries.

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11h ago

How interior dcor is shaping Kenya's modern homeownership choices

Interior design is increasingly influencing homebuyer decisions in Kenya, with prospective owners prioritizing the aesthetic and feel of a home over just its price. The visual appeal and mood created by decor elements are becoming crucial factors from the moment a showhouse is entered.

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11h ago

Mbadi: Why we sold Safaricom shares to Vodacom, not the public

The National Treasury has defended its decision to sell a 15 percent stake in Safaricom to Vodacom, rather than offering it to the public.

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11h ago

Kenya to wait until New Year for IMF bailout decision as talks stall

Kenya will have to wait until early next year for a decision on a new International Monetary Fund (IMF) bailout. Critical negotiations have stalled due to concerns over currency manipulation and the classification of billions in securitized loans.

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11h ago

Experts urge domestic solutions to Africa's funding challenges

At the Africa Investment Conference (Afic) 2025, financial experts and policy leaders advocated for locally driven funding models and strengthened cross-border investment frameworks to fuel Africa's economic growth. The call highlighted the continent's need to reduce reliance on external capital by mobilizing domestic resources and improving financial systems.

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21h ago

KNCCI rejects Bill seeking to establish Business Council of Kenya

The Kenya National Chamber of Commerce and Industry (KNCCI) has rejected a proposed Public-Private Engagement Bill, 2025, which aims to establish a new statutory body for Business Membership Organisations (BMOs) in Kenya. KNCCI officials argue the government should instead designate KNCCI as the statutory body, citing its extensive grassroots membership and an earlier directive from President William Ruto.

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20h ago

Kenyan tea exports drop in September, TBK says

Kenyan tea exports experienced a significant drop in September 2025, with 48.8 million kgs exported compared to 50.9 million kgs in the same period last year, according to the Tea Board of Kenya (TBK).

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19h ago

Coffee farmers earn Sh1.4 billion from weekly auction

The Nairobi coffee market generated Kshs 1.4 billion from the sale of 22,572 bags of coffee, attracting 16 local and international buyers. This marks an increase from the previous week's sales of Kshs 1.2 billion for 19,583 bags, representing the highest volume since the coffee year began on October 1.

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19h ago

KTDA rejects claims of Sh26 billion debt mismanagement

The Kenya Tea Development Agency (KTDA) has refuted claims of financial mismanagement regarding Sh26 billion in alleged improperly sanctioned loans. They insist that commodity loans were cleared by September 2025 and other borrowings are on a structured repayment plan.

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19h ago

Kenya rallies global support for 2026 Our Ocean Conference at UNEA 7

Kenya is actively seeking global support for the 2026 Our Ocean Conference, holding bilateral talks with Saudi Arabian officials during the Seventh Session of the United Nations Environment Assembly (UNEA 7) in Nairobi.

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1d ago

Safaricom's debut green bond oversubscribed 175pc, raises Sh20b

Safaricom has announced that its inaugural green bond was significantly oversubscribed, attracting Sh41.6 billion in investor bids and enabling the company to raise Sh20 billion for sustainability initiatives.

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23h ago

Mbadi: Kenya spends half of its tax revenue servicing debt

Kenya's National Treasury Cabinet Secretary John Mbadi has announced that the country can no longer rely on increased taxes or further borrowing for major infrastructure projects, as nearly 50 percent of tax revenue is now consumed by debt repayment.

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23h ago

Advent of AI and fear of firms losing human touch

This news article, titled "Advent of AI and fear of firms losing human touch," appears to be missing its main body content. The provided text only contains boilerplate information about the Standard Group Plc, a Kenyan multi-media organization.

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1d ago

Why taxing Kenya's super-rich could raise Sh129.3b

Kenya is exploring a more equitable tax system, moving towards taxing its wealthiest citizens to potentially generate significant revenue, as the current reliance on consumption taxes disproportionately affects the poor.

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1d ago

How leadership perspective elevates customer experience

Exceptional customer experience (CX) requires leaders to move beyond daily operational urgency (the "dance floor") to a strategic perspective (the "balcony") to observe patterns and design long-term solutions, according to the article.

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1d ago

From debt pressure to public doubt; How Kenya's 'First World' dream is tested

This article discusses how Kenya's ambition to achieve a 'First World' status is facing significant challenges due to escalating debt pressure and growing public skepticism.

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1d ago

How a relentless hustler in Kenya can build a billion-shilling empire

Kenya is a nation fostering entrepreneurial success, with Kenyans building significant enterprises through relentless hustling, from street-level services to tech innovation. The article highlights how individuals are forging their own empires amidst economic challenges, such as those amplified by the COVID-19 curfew.

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1d ago

Why CBK has cut key rate ahead of festive season

The Central Bank of Kenya (CBK) has reduced its benchmark lending rate ahead of the festive season to stimulate credit growth and support the economy. This decision was made during the Monetary Policy Committee (MPC) meeting.

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1d ago

Isuzu resumes assembly of SUVs after 23-year lull

Isuzu East Africa (EA) has recommenced full local assembly of **Sports Utility Vehicles (SUVs)** after an 18-year hiatus, reinforcing its leadership in **Kenya’s automotive sector** and contributing to the nation's industrialization agenda.

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1d ago

CBK cuts key rate to spur festive season lending

The Central Bank of Kenya (CBK) has reduced its benchmark lending rate in an effort to boost credit flow to businesses and households during the upcoming Christmas season, banking on sustained low inflation.

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1d ago

Kebs urges firms to integrate management systems to boost efficiency

The Kenya Bureau of Standards (Kebs) has called for institutions to integrate their management systems and leverage audits to foster national development, efficiency, and accountability. This initiative aims to move organizations beyond isolated frameworks towards coordinated governance, safety, and quality.

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1d ago

Government rebrands Public Benefits Authority

The Public Benefit Organisations Regulatory Authority (PBORA), formerly the NGOs Co-ordination Board, has been rebranded in Nairobi, Kenya, on December 9, 2025. This initiative aims to enhance transparency, professionalism, and align the non-profit sector with national development priorities.

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2d ago

Projects: Engineers Board goes digital

The Engineers Board of Kenya (EBK) has launched a digital platform to register all engineering projects, aiming to enhance professionalism and ensure proper design and supervision in the sector. This initiative requires engineers to register projects and obtain a unique identification number before submitting drawings to county authorities.

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1d ago

Hydrogen tech to help curb Kenya's power crisis

Kenya's persistent electricity crisis is attracting international attention, with hydrogen technology emerging as a promising solution for stable, clean backup power. Estonian cleantech firm PowerUp is looking to enter the Kenyan market with its portable hydrogen-based energy systems to combat frequent blackouts.

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2d ago

State invites public views on new tax plans amid criticism

The National Treasury Cabinet Secretary John Mbadi has invited feedback from ordinary Kenyans and businesses on new tax policies.

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2d ago

Mrima Hill rare earth project attracts new US-backed consortium

A new US-backed consortium, Mrima Earth Ltd, has proposed a novel value chain approach for the extraction and development of rare-earth minerals at Kwale County’s Mrima Hills, aiming to inject billions of US dollars into Kenya’s economy.

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2d ago

VAT compliance a necessity for fair business environment, not a burden

Kenya emphasizes VAT compliance as a necessity for a fair business environment, not a burden, to ensure stable economic growth and funding for public services. Despite initiatives like the VAT auto-population system and eTIMS, significant non-compliance persists, evidenced by a 39.8 percent underperformance in VAT revenue during the 2021/22 financial year.

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