Kenya Power has written off Sh15 billion in bad debts from unpaid electricity bills, most of which have been outstanding for more than three months.
This has seen the utility company impair Sh15 billion of the Sh29.6 billion unpaid electricity bills as at June 2021, according…
State in talks to stop 437 Kibaki, Uhuru projects
The Government is negotiating with contractors to allow it cancel 437 stalled projects, started during the Mwai Kibaki and Uhuru Kenyatta regimes, setting the stage for compensation claims by suppliers.
The International Monetary Fund (IMF) has revealed the government is nego…
Kenyan breast surgeon to head regional cancer body
Miriam Mutebi, the first female breast surgeon in Kenya, has been elected to lead the largest continental organisation that specialises in the promotion of cancer care and control.
She is the president-elect of the African Organization for Research and Training in Cancer (AOR…
How I built my premium home fittings company
From a young age, Stevens Muga always wanted to create something that would make a difference in the society.
He is now living his dream by helping homeowners to find the right fittings for their dream homes using his firm, Italian Kitchens, which specialises in installation, supply and de…
Kenya seeks IMF nod to use Sh14bn World Bank Covid loan
Kenya is asking for spending cap waivers from the International Monetary Fund (IMF) to use the Sh14.6 billion World Bank vaccine loan without breaching the deficit agreed with the multilateral lender.
Kenya’s fiscal deficit averaged 7.6 percent between June 2013 and June 2020 against a tar…
Treasury: Why State took over KU hospital
The Treasury has revealed the State forcibly took over Kenyatta University referral hospital from the higher learning institution after it defaulted on a Sh10 billion Chinese loan.
Treasury secretary UKur Yatani says the conversion of the Kenyatta University Teaching, Research an…
Job losses hit women harder than men staff
Women lost jobs at a faster rate than men in the wake of Covid-19 economic hardships, deepening gender inequality in corporate Kenya workplace.
Data released last week by the Kenya National Bureau of Statistics (KNBS) show that women accounted for 115,409 or 61.9 percent of t…
Priscilla on fitting in ‘Big Tech Shoes’
Ten minutes into our chat with Priscilla Muhiu, the general manager of Glovo Kenya, the talk gravitates into colour energies. There is red, yellow, green, and blue.
The 38-year-old is certain that her energy colours are yellow and green. Yellow, because she is a radiant person whose entry …
Luxury expert gift guide
As a luxury concierge company, the festive season means that we get requests to shop for unique gifts. More high-spending customers are now hiring personal shoppers to help them pick the very best from different shops globally, meaning that they no longer have to travel to London or Paris. S…
Kenya Airways adds US flights on high demand
Kenya Airways has increased frequencies to the US to four a week as demand for bookings picks up this festive season, coming as a relief to the carrier that is struggling with low numbers in the wake of a new variant of Covid-19 that has hit the airlines.
KQ said it has seen …