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Jasmine Wambui

Jasmine Wambui

116 Articles
KPC eyes Kipevu trading hub to boost revenue to Ksh.68 billion by 2030
October 14, 2026 08:36 (EAT) • 5 hours ago

KPC eyes Kipevu trading hub to boost revenue to Ksh.68 billion by 2030

The increase follows a year in which the company transported 10.6 billion litres of petroleum products, with volumes destined for Kenya and neighbouring markets growing by 7 per cent.

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Kenya Power’s unpaid electricity bills rise to Ksh.41.5 billion
October 13, 2026 09:07 (EAT) • 1 day ago

Kenya Power’s unpaid electricity bills rise to Ksh.41.5 billion

Government ministries and county governments accounted for Ksh.7.35 billion, while strategic state corporations owed a further Ksh.588 million.This brings the outstanding electricity bills from public institutions to nearly Ksh.8 billion, with the remaining Ksh.33.56 billion spread across other post...

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Quickmart owners sell half their stake for Ksh.15 billion in NSE listing
October 06, 2026 09:29 (EAT) • 1 week ago

Quickmart owners sell half their stake for Ksh.15 billion in NSE listing

Founded by the late John Kinuthia and his wife Zipporah, Quickmart has grown from a family business into one of the country’s largest retailers.The journey is delivering a sizable return as its shareholders sell half of their ownership to the public for Ksh.15 billion. The Kinuthia family alone is s...

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Oil, wealth & power: Inside Dangote's Ksh.6 trillion empire
September 30, 2026 07:20 (EAT) • 2 weeks ago

Oil, wealth & power: Inside Dangote's Ksh.6 trillion empire

His Ksh.2 trillion refinery planned for Lamu will be among the largest private investments ever undertaken in Kenya and is expected to reshape how the region sources its fuel.

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Digital lending grows as loans double to Ksh.110 billion
September 25, 2026 10:47 (EAT) • 2 weeks ago

Digital lending grows as loans double to Ksh.110 billion

The Central Bank’s 2025 Bank Supervision Annual Report shows that in just one year, the amount owed to digital lenders nearly doubled to Ksh.110 billion, as the number of licensed lenders rose from 85 to 195.

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KQ warns engine shortages, high fuel costs hinder financial recovery
August 19, 2026 07:18 (EAT) • 1 month ago

KQ warns engine shortages, high fuel costs hinder financial recovery

Kenya Airways has spent years working to restore its financial health, but its recovery has been complicated by a difficult operating environment.

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Kenya Power warns rising wind, solar generation could hike electricity prices
August 11, 2026 08:13 (EAT) • 2 months ago

Kenya Power warns rising wind, solar generation could hike electricity prices

Unlike geothermal and hydro power, wind and solar generation can fluctuate depending on weather conditions. This means Kenya Power has to rely on other generation sources to quickly fill gaps when output from wind and solar drops.

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Land prices rise in Nairobi, satellite towns as demand picks up
August 04, 2026 09:45 (EAT) • 2 months ago

Land prices rise in Nairobi, satellite towns as demand picks up

While the land market is recovering, the housing market remains divided, with property prices in satellite towns still under pressure as buyers grapple with a tougher economic environment.The increase was driven by stronger demand in areas such as Lang'ata, Karen and...

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Aviation workers issue seven-day strike notice over labour disputes
July 23, 2026 09:48 (EAT) • 2 months ago

Aviation workers issue seven-day strike notice over labour disputes

KAWU says unionisable employees across the country's four major aviation employers — KCAA, KAA, Kenya Airways and Jambojet — will down their tools if the organisations fail to address the outstanding grievances within seven days from July 20.

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Finance Act 2026 takes effect as imported sugar tax jumps fivefold
July 02, 2026 07:15 (EAT) • 3 months ago

Finance Act 2026 takes effect as imported sugar tax jumps fivefold

Among the most immediate changes is the sharp increase in excise duty on imported sugar. Importers will now pay Ksh.40 per kilogramme, up from Ksh.7.50 previously, increasing the tax burden by more than 400 per cent.

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