Latest from The Standard Business

3h ago

Kenyan students scoop historic Grand Prize at Huawei's ICT global competition

A contingent of Kenyan students has achieved a historic milestone by clinching the Grand Prize at the Huawei ICT Competition 2025–2026 global finals held in Shenzhen, China.

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1d ago

East Africa sector players share insights on how AI is affecting job skills

East African business leaders convened in Nairobi to discuss the profound impact of Artificial Intelligence (AI) on the job market and organizational operations.

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14h ago

Business activity dips in May amid deepening economic crisis

Kenyan business activity experienced its sharpest decline in nearly two years during May, as persistent economic pressures force consumers to tighten their spending.

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1d ago

Tech firms rush to put small shops online as market race intensifies

Kenyan tech firms are intensifying their efforts to bring the country's vast number of small shops and businesses online as competition in the sector heats up.

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1d ago

Kenyan elected to global intellectual property enforcement body

Kenya's Anti-Counterfeit Authority Executive Director, Robi M King'a, has been elected Vice-Chair of the World Intellectual Property Organisation (WIPO) Advisory Committee on Enforcement (ACE). This leadership role places Kenya at the forefront of international efforts to combat counterfeiting and strengthen intellectual property rights enforcement.

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1d ago

MPs slash State House budget, pump billions into welfare

Kenyan Members of Parliament (MPs) have significantly revised the Ruto administration's national budget for the 2026/27 financial year, reallocating funds away from the presidency.

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1d ago

Ruto's new revenue hunt shifts to landowners

The Ruto administration is planning reforms to Kenya's land rent collection system in an effort to compensate for an anticipated decrease in ordinary revenue as a share of the economy in the upcoming fiscal year.

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1d ago

Kenya Power shelves bid to hike electricity cost after uproar

The Kenyan government has directed Kenya Power to withdraw its application to increase electricity tariffs following significant public outcry.

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1d ago

Age-friendly cities: A housing challenge for the future

The article highlights the significant challenge of designing future Kenyan cities to be age-friendly, particularly facing a growing elderly population.

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1d ago

Can backyard extensions cure global housing shortage?

A United Nations-sanctioned report identifies backyard extensions as a potential solution to the global housing crisis, which is being exacerbated by rapid urbanization and slow policy implementation.

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1d ago

Worry for transporters as Sh320m Maungu lorry park woes deepen

The Sh320 million Maungu lorry park in Taita Taveta County is significantly underutilised, failing to meet its intended purpose of reducing congestion and boosting county revenue.

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1d ago

House committee slashes Executive budget

Kenya's National Assembly has revised the Ruto government's Sh4.82 trillion national budget for the 2026/27 financial year, significantly slashing funds allocated to the Executive.

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1d ago

Ruto plots land rent reforms to boost revenue

President William Ruto's administration is planning reforms to land rent collection as ordinary revenue is expected to shrink. The government aims to boost revenue collection to offset a projected budget shortfall.

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1d ago

Kenya's financial landscape shows resilience amid global economic woes

Kenya's financial sector is showing resilience amidst global economic challenges, driven by digital innovations, regulatory reforms, and increased financial inclusion.

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2d ago

New incubation platform offers guaranteed funding for African ideas

A new Chinese-backed incubation platform, Project Falcon, has launched with a commitment to provide guaranteed funding for African entrepreneurs from the idea stage, addressing a significant gap in startup capital.

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2d ago

Jitume Digital Hub transforms youths livelihoods in Bungoma

The Jitume Digital Hubs initiative is significantly transforming the livelihoods of Kenyan youth by equipping them with essential digital skills and connecting them to online employment opportunities.

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2d ago

Kenya bets Sh598bn on Galana Kulalu revival to end food imports

Kenya is investing Sh598 billion to revive the Galana Kulalu Food Security Project over the next decade, aiming to significantly boost irrigated land and end reliance on food imports.

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2d ago

How young graduate turned maggot farming into a lucrative venture

A young graduate, Edwin Mugendi, has transformed the challenging enterprise of maggot farming into a lucrative venture.

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2d ago

Experts: Cut corporate tax to spur Kenya's economic growth

Cutting the rate to at least 25 per cent from the current 30 per cent, they argue, would stimulate foreign direct investments.

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2d ago

How I navigated turbulence to build a Sh1b fashion brand

Wandia Gichuru, the founder of Vivo Fashion Group, has successfully navigated business turbulence to build a fashion brand valued at Sh1 billion.

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2d ago

ITC, Equity partner to unlock trade finance for coffee, leather and creative industries

The International Trade Centre (ITC) and Equity Group Holdings have partnered to boost trade finance for the coffee, leather, and creative industries in East Africa, beginning with Kenya.

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2d ago

Embrace data for sustainable growth, policymakers urged

Kenya is hosting the first African edition of the Global Data Festival, running concurrently with the Kenya Space Expo and Conference 2026 in Nairobi, to promote the use of data and space technologies for sustainable development.

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2d ago

State: The master tax collector but accountability rookie

Kenya's tax system has achieved remarkable efficiency in collection, with processes like PAYE and VAT largely invisible to citizens. However, the article highlights a contrasting weakness in accountability surrounding these efficient collection mechanisms.

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2d ago

How to collaborate without losing control of your business

Many Small and Medium Enterprises (SMEs) in Kenya hesitate to collaborate with other businesses despite recognizing potential benefits like cost reduction and market access.

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2d ago

Why most Kenyans prefer self employment to looking for jobs

Kenya has been recognized as one of the top 10 countries globally where citizens aspire to be self-employed, highlighting a significant shift in career preferences.

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2d ago

State: The master collector but accountability rookie

The Kenyan government excels at collecting revenue but struggles with accountability, according to a recent report. Despite being a major revenue collector, the state faces challenges in ensuring transparency and proper management of public funds.

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2d ago

How corporate self-sabotage cripples customer experience

This article uses the historical practice of foot binding in ancient China as a metaphor for how corporations can "self-sabotage" their customer experience through rigid internal practices, policies, and systems.

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3d ago

Kenyan platform workers demand protection against exploitation

Kenyan platform workers are demanding government protection against exploitation, advocating for their rights at the International Labour Conference (ILC) 2026 in Geneva, Switzerland.

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3d ago

Blow to Bia Tosha as court rejects fresh bid to stop Sh300b EABL shares sale

The High Court has rejected a second attempt by Bia Tosha Distributors Limited to stop the sale of a controlling stake in East African Breweries Limited (EABL).

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3d ago

Cambodia begins UN process to resolve maritime dispute with Thailand

Cambodia has initiated a United Nations-backed dispute resolution process with Thailand over overlapping maritime claims in the Gulf of Thailand, which hold undersea energy reserves estimated at around $300 billion.

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