Brian Ngugi

Licensing dispute pits big coffee companies against farmers' lobby

By Brian Ngugi   2024-04-01 06:10:18

Kiambu County government issued milling licenses to a section of commercial millers. Union says the move is in total contravention of the regulations of 2019

Tough nut to crack: Why it's tough going for Nigerian lenders in Kenyan market

By Brian Ngugi   2024-04-02 23:00:57

At their home in Africa’s biggest economy and most populous nation, Nigeria, they are banking giants with commanding market lead and trillions of shillings in worth of assets.

Digital marketer Dennis Maina feted at Forty Under 40 Africa Awards

By Brian Ngugi   2024-04-02 22:52:38

Suss Digital Africa founder Dennis Maina’s success in the digital marketing world was named among the Forty under 40 for the 2024 edition.

Ex-energy PS, Senator eye lucractive power sale deal

By Brian Ngugi   2024-04-03 09:42:06

Patrick Nyoike and former Nyeri Senator Ephraim Maina have inked multi-billion-shilling pact with Indonesian firm to explore geothermal production in Naivasha.

CBK spares borrowers hike in loan costs

By Brian Ngugi   2024-04-04 14:56:10

CBK held the benchmark rate at 13 per cent, citing a reduction in money-driven inflation. Banks have cut lending to customers against an increase in loan defaults.

Free delivery: Watchdog calls out e-commerce firms over rising scams

By Brian Ngugi   2024-04-04 16:06:07

The watchdog has urged vigilance against deceptive practices employed by some online sellers and companies from fake deals to hidden charges.

Revealed: Sh75 billion tax stalls M-Pesa's split from Safaricom

By Brian Ngugi   2024-04-05 20:29:36

Telco has been under pressure to separate its lucrative mobile money unit from its telcoms business. With its huge payment transactions, M-Pesa already gives considerable competition to banks.

After avocado, KRA now trains its guns on sugarcane farmers

By Brian Ngugi   2024-04-08 19:07:59

Suppliers are required to be registered on electronic tax system for their cane to be processed at factories as the government seeks to rope in more taxpayers.

Manufacturers shun railway over cost, flexibility concerns

By Brian Ngugi   2024-04-07 21:30:47

The study, published recently by the manufacturers’ lobby says trucking is still preferred due to various reasons including cost, flexibility, and limitations of the SGR.

CBK's fresh bid to raise core capital puts small lenders, investors on edge

By Brian Ngugi   2024-04-09 20:05:42

The banking regulator, the Central Bank of Kenya (CBK), has proposed a significant increase in capital requirements for commercial banks. 

Orwoba wants Assets agency management to step aside over staff 'victimisation'

By Brian Ngugi   2024-04-10 17:24:39

Orwoba said action should be taken against the two officials after they allegedly sacked two managers who leaked internal information.

AAR Hospital feted with healthcare award

By Brian Ngugi   2024-04-10 23:31:31

The Quality Healthcare Kenyan Awards (QHKA) seek to honour excellence and innovation in health for quality, people-centered care.

Major boost for Kenyan flower farmers as UK suspends export tariffs

By Brian Ngugi   2024-04-11 20:52:44

Following the move, unlimited quantities of flowers can now be exported to the UK at 0% tariff, even if they transit via a third country. 

Naivasha traders call on state intervention following months of blackouts

By Brian Ngugi   2024-04-11 20:08:30

Naivasha residents have petitioned Energy Cabinet Secretary Davis Chirchir and Kenya Power CEO Dr Joseph Siror to address frequent power blackouts in the area.

US vaccine giant Moderna 'suspends' plans to build Sh65b plant in Kenya

By Brian Ngugi   2024-04-12 09:32:02

Moderna Inc inked a deal in 2022 with the Kenyan government to invest billions of shillings in a facility that would produce up to 500 million vaccine shots a year.

Women face discrimination in accessing loans, new survey shows

By Brian Ngugi   2024-04-13 09:52:20

A new survey has found that women perceive a slightly higher level of gender bias than men while accessing financial services in Kenya.

Locked out: Survey shows Kenyan women struggle to access loans

By Brian Ngugi   2024-04-13 20:10:16

Findings highlight need for financial sector including the banking regulator to address gender bias.

Africa and Caribbean nations to deepen trade ties at summit

By Brian Ngugi   2024-04-13 20:31:28

The IMF predicts seven African nations and one from CARICOM (Caribbean Community) will be among the world’s ten fastest-growing economies.

Africa and Caribbean Nations set to deepen trade ties at Bahamas summit

By Brian Ngugi   2024-04-13 22:19:26

African and Caribbean countries are poised to forge stronger trade ties at a landmark meeting in The Bahamas.

Nigeria says wanted crypto boss Arjarwalla is holed up in Kenya

By Brian Ngugi   2024-04-16 05:51:04

Nadeem Arjarwalla, a British-Kenyan, was earlier detained in connection with an ongoing criminal investigation into Binance’s activities in Nigeria, according to a Reuters News Agency report.