Petrol stock outs loom after record Christmas demand

Oil marketers are bracing for a possible stock-out of super petrol in Nairobi and Western region, setting the stage for panic buying by motorists.
The Kenya Pipeline Company (KPC) attributed the supply snags to “unprecedented demand” over the holiday period and power hitches along the main…

Epra flouts Uhuru order on publishing of tenders

The Energy and Petroleum Regulatory Authority (Epra) has flouted President Uhuru Kenyatta’s directive that requires all State agencies, ministries and parastatals to publish all tenders to an online platform.
Auditor-General Nancy Gathungu said the Epra did not publish its te…

Hit pause button and reflect on atomic habits

We are what we repeatedly do. Excellence, then, is not an act, but a habit” are words often attributed to the Greek philosopher: Aristotle.
We are our habits. For better or worse, all those good or bad decisions made in the difficult year of 2021 define us — both as individuals, and at the…

Kenya’s foreign wealth declines by Sh87 billion

Kenya’s net foreign assets dropped by Sh87.1 billion in the year to September, the biggest decline yet, indicating that local financial institutions liquidated some of their overseas portfolios.
Net foreign assets (NFA) refer to total foreign assets held by banks and the Central Bank of Ke…

Moi era men face fresh offshore assets scrutiny

Moi-era billionaires named in the Kroll Report face fresh scrutiny over offshore assets after Switzerland announced it is finalising a deal to automatically exchange secret financial information with Kenya.
Under the new deal, Swiss banks will pass on details of accounts operated on behalf…

How hero charmed into best bars list

Tucked on the 9th floor of the TradeMark Hotel in Nairobi’s swanky ex-pat suburb – Gigiri, Hero Bar was recently named 70th among the World’s best bars in the extended 51-100 Bars list.
The ranking that is basically the Michelin Star for bars from all over the world, is the first time it’s…

‘Real Treasure’ of Congo finally in Unesco’s list

2021 was the year when Congolese rumba music was officially added to the United Nations Educational, Scientific and Cultural Organisation (Unesco) list of the Intangible Cultural Heritage of Humanity. This was also the year when a definitive film on the roots and influence of t…