Kenya’s ambitious government e-procurement system, designed to digitize public procurement and enhance transparency, has stirred both praise and resistance since its rollout. While the platform aims to curb corruption, improve efficiency, and centralize procurement processes across public agencies, it has also faced strong pushback from county governments and suppliers who argue that implementation has been […]
The Central Bank of Kenya (CBK) has confirmed that bank employees will no longer enjoy cheap bank staff loans or preferential loan rates under the new transparent credit pricing framework, set to take effect in September 2025. This marks a significant shift in Kenya’s banking sector, where staff loans have traditionally been offered at lower […]
Kenya Airways (KQ)’s financial position is once again in turmoil after reporting a half-year net loss, driven by a combination of operational challenges, rising costs, and a shortage of critical aircraft spare parts. Despite unveiling a bold recovery strategy earlier this year, the airline’s results highlight the steep climb it faces to return to profitability. Mounting […]