News
Ministry Responds to Employer Concerns Over New Minimum Wage
3+ hour, 37+ min ago (415+ words) The government has responded to concerns from employers over the newly increased minimum wage, insisting businesses can afford the adjustment and maintaining that the decision was informed by a comprehensive assessment of the country's economic conditions. Last month, the Ministry…...
Govt to Inject Ksh3. 06 Billion Into 122, 203 Businesses
4+ hour, 47+ min ago (368+ words) The government and the World Bank will inject an additional Ksh3. 06 billion into 122, 203 young entrepreneurs under the second phase of the National Youth Opportunities Towards Advancement (NYOTA) programme, Kenyans. co. ke has established. Documents reviewed by this publication indicate the government…...
Businesses Reveal Tax Behind Record Price Increases in Items
6+ day, 2+ hour ago (358+ words) Businesses across the country have attributed the rising cost of goods and services to the rising fuel-related taxes, which they say have forced them to pass the expenses to consumers. According to Stanbic's Purchasing Managers' Index (PMI) released on Friday,…...
Details of New NSSF Smart City Near JKIA
1+ week, 2+ day ago (323+ words) The National Social Security Fund (NSSF) has unveiled plans to transform 1, 000 acres of land in Mavoko near the Jomo Kenyatta International Airport (JKIA) into a smart city development. NSSF wants the new city to embrace what planners call a "15-minute…...
Bread, Maize Flour Among Food Items Set for Price Hike in July, Survey Reveals
3+ week, 1+ day ago (429+ words) Students, workers and households could see mixed food prices in the coming weeks, with a new Central Bank of Kenya (CBK) survey indicating that some staple commodities are likely to become more expensive while prices of several vegetables are expected…...
Ministry to Introduce New Licensing Rules Affecting Some Employers
1+ mon, 3+ hour ago (315+ words) The Ministry of Roads and Transport has proposed new regulations that could change how engineering employers and practitioners operate in the country. The draft Engineering Technology Rules 2026 seek to introduce a structured framework governing the registration, licensing, and compliance of…...
Employees Miss Pay Rises in May Despite Rising Cost of Living - Report
1+ mon, 5+ day ago (413+ words) Most employed Kenyans did not receive salary increases in May 2026, as employers kept wage bills unchanged despite the rising cost of living and higher operating expenses. According to the latest Stanbic Bank Kenya Purchasing Managers' Index (PMI) released on Thursday,…...
Kenyans Brace for Expensive Loans as Banks Issue New Demands to CBK
1+ mon, 4+ day ago (404+ words) Kenyans could soon face higher borrowing costs if the Central Bank of Kenya (CBK) adopts a proposal to raise the Central Bank Rate (CBR) at the upcoming Monetary Policy Committee (MPC) meeting scheduled for June 9, 2026. In a new research note…...
Traders List Food Items Likely to Increase in Price After Fuel Hike
1+ mon, 3+ week ago (431+ words) Nairobians and Kenyans at large have been warned to brace for a possible rise in food prices in the coming days as soaring transport costs continue to disrupt the supply chain across the country. Traders from Wakulima Market, one of…...
Kenyan Shilling Gains Marginally Against U. S. Dollar as CBK Issues Fresh Warning
2+ mon, 3+ week ago (494+ words) The Kenyan shilling edged higher against the U. S. dollar this week, even as the Central Bank of Kenya warned that inflation could climb to its highest level in years by mid-2026, driven by an oil price shock traced to the ongoing conflict…...