Author: Steve Umidha

Minister shelves new road projects over Sh910b debt

Reading Time: 2 minutes The Ministry of Transport and Infrastructure has warned it will cease bankrolling new infrastructure projects until a Sh910 billion debt […]

Auto industry optimistic despite poor end to 2022

Reading Time: 3 minutes Domestic car dealers ended 2022 on a disappointing low, selling just 13, 352 vehicles in 12 months to December, compared […]

How big banks hinder growth of Kenya’s mortgage market

Reading Time: 2 minutes A few banks have gained a stranglehold on the country’s mortgage market, rendering it non-competitive with consequences that include demoralising […]

Kenya sees 5pc jump in mobile loans app sign ups

Reading Time: 2 minutes A surge in finance app installation and downloads for mobile loans rose by five per cent between January and September […]

Experts downplay effects of changes at Safaricom

Reading Time: 2 minutes The latest boardroom realignments at the country’s largest mobile network Safaricom Plc, may not have a wider implication on the […]

State lists agriculture as top priority for robust recovery

Reading Time: 2 minutes Agricultural transformation remains a bright spot for the Kenya Kwanza government, which has also listed the digital economy, climate change […]

Kenyans stare at new digital ID plan after Huduma Namba flop

Reading Time: 2 minutes The government is considering the use of the controversial revealed plans to use the Huduma Namba idea, which flopped under […]

Insurance agent forgery hurting sector, IRA says

Reading Time: 2 minutes The increase in fraudulent claims and forgery by agents continues to hurt insurers’ earnings as perpetrators get more refined, the […]