Macharia Kamau

The National Treasury departed from the approved Medium-Term Debt Management Strategy by significantly increasing domestic borrowing without parliamentary approval.

Last year, Kenya Re's Chief Executive had been suspended over disagreements with management and the board over staff reviews and dismissals.

Kenya has become one of Advtech's key growth markets outside South Africa, with the group saying demand for both curricula is underpinning its expansion

Senior government officials who came under fire and some lost their jobs on allegations of importation of substandard petroleum products into the country may not be off the hook yet.

The airline said the crisis in the Gulf has had the effect of increasing its fuel costs by 72 per cent over the first half of this year.

Kenya’s tax authorities are dealing with Sh5.1 billion in taxes paid on the rejected MT Paloma fuel cargo after it failed to meet local quality standards and was barred from the Kenyan market.

There is a renewed push for the review of the country’s tax regime on petroleum products that could offer reprieve for Kenyans who are currently grappling with the high cost of fuel.

The Cooperative Bank is preparing to auction 4,000-acre land owned by Sony Sugar after a 40-day notice to the sugar miller to pay an outstanding debt lapsed last week.

Kenya Airways’ half-year loss widened to Sh16.1 billion in 2026 as fuel costs surged 66 per cent and aircraft remained grounded by global shortages of engines and spare parts.

Kakuzi has reported a massive 97.6 per cent drop in net profit, with the firm citing disruption of key routes to its export markets due to the ongoing US-Iran war as a major reason behind its losses.