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News
Inside Kenya's Sh13 trillion debt bomb: Ruto says he borrowed less, treasury data says otherwise
15+ hour, 59+ min ago (63+ words) standardmedia.co.ke Kenya’s public debt crossed the Sh13 trillion mark in June, Treasury data shows, with the country’s fiscal watchdog and the International Monetary Fund warning that rising refinancing needs are squeezing public finances even as President William Ruto insists…...
Ruto's Tata Chemicals tantrum spooks investors ahead of polls
1+ day, 8+ hour ago (40+ words) standardmedia.co.ke Ruto's Tata Chemicals tantrum spooks investors ahead of polls CBK warns banks against use of AI to reject or approve loans What machines still can't do on a project team...
Co-op Bank leads list of Kenyan lenders in Forbes World top 500
3+ day, 9+ hour ago (72+ words) standardmedia.co.ke Co-op Bank leads list of Kenyan lenders in Forbes World top 500 Four top Kenyan banks have been ranked among the world's top 500 performing lenders in the inaugural Forbes World's Top Performing Banks 2026 list. This is a rare…...
New submarine cable puts Kenya's Coast on digital growth path
4+ day, 6+ hour ago (391+ words) Submarine cable on the seabed. Kenya's Coast is set to benefit from the planned LuLu Coastal Cable System linking Mombasa to Lamu. [Courtesy] A new submarine cable linking Mombasa to Lamu could reshape Kenya's coastal economy by opening the region…...
Making mortgages work for Kenyans: A practical path through partnerships and patient capital
4+ day, 8+ hour ago (789+ words) For decades, Kenya’s housing challenge has been framed as a question of supply. The prescription, naturally, has leaned toward supply-side solutions. This is what explains a relentless drive to build. However, at its core, it is not just a question…...
Small businesses increasingly dominated by foreigners in Nairobi
5+ day, 3+ hour ago (878+ words) Hawking mandazis and tea or coffee Before the foreigners, the sale of foodstuff such as tea, coffee and mandazis was not as booming in Kenya. However, after the uncontrolled entry of Burundians, Congolese, Rwandese and even Ugandans, these foods are…...
New push to professionalise social safeguards as Kenya faces Sh600b project losses
5+ day, 9+ hour ago (100+ words) standardmedia.co.ke New push to professionalise social safeguards as Kenya faces Sh600b project losses Arror and Kimwarer multipurpose dams were envisioned as transformative projects that would deliver a wide range of benefits to local communities, including irrigation for farmers, electricity…...
Ruto tests EAC trade pacts with foreign-owned businesses crackdown
5+ day, 15+ hour ago (90+ words) standardmedia.co.ke Ruto tests EAC trade pacts with foreign-owned businesses crackdown Kenya’s move to shut down small businesses operated by foreign nationals is putting its binding commitments under the East African Community’s Common Market Protocol to the test, analysts…...
Firm bolsters East Africa's tech hub with data centre
6+ day, 43+ min ago (349+ words) Digital Realty, the largest data centre company globally, has recently opened the Nairobi Two (NBO2) Data Centre in Karen, increasing the capacity of its existing Nairobi campus by 6.4 megawatts (MW). The expansion reinforces Nairobi's role as a key business centre and…...
Court upholds cancellation of Kenya Power security tender
6+ day, 7+ hour ago (74+ words) standardmedia.co.ke Court upholds cancellation of Kenya Power security tender The High Court in Nairobi has upheld a decision by the Public Procurement Administrative Review Board (PPARB) to cancel a security services tender awarded by the Kenya Power and…...