Uhuru, Ruto splash half a billion on travel in three months before polls

Economy Uhuru, Ruto splash half a billion on travel in three months before polls Tuesday September 20 2022 Retired President Uhuru Kenyatta and his successor Dr William Ruto at State House, Nairobi on Monday, September 12, 2022. PHOTO | PSCU President William Ruto and his predecessor Uhuru Kenyatta more than doubled the spending on local travel … Read more

Eurobonds, NSE fall after Raila Odinga’s Supreme Court test of poll results

Capital Markets Eurobonds, NSE fall after Raila Odinga’s Supreme Court test of poll results Tuesday August 23 2022 Azimio Presidential Raila Odinga candidate leaves Milimani Law Court after filling petitions challenging the win of Kenya Kwanza Presidential candidate William Ruto. PHOTO | SILA KIPLAGAT | NMG Markets fell on Monday after Kenyan opposition leader Raila … Read more

Voters punish 211 MPs in poll

Economy Voters punish 211 MPs in poll Wednesday August 17 2022 Lawmakers at Parliament Buildings. PHOTO | JEFF ANGOTE | NMG Over half of the 416 members of the bicameral parliament lost their seats in this year’s General Election and are now angling for a share of a cumulative Sh2.2 billion send-off package. The electorate … Read more

Stock market defies disputes over presidential poll results

Capital Markets Stock market defies disputes over presidential poll results Wednesday August 17 2022 Securities trader Mbuthia Irungu at Nairobi Securities Exchange (NSE) trading floor at the Exchange building in Nairobi on August 26, 2020. PHOTO | SALATON NJAU | NMG The Nairobi Stock Exchange (NSE) on Tuesday defied the political uncertainty following the rejection … Read more

Kenya braces for poll-linked crisis as Raila rejects results

Economy Kenya braces for poll-linked crisis as Raila rejects results Tuesday August 16 2022 Defeated presidential candidate Raila Odinga (R) speaks during a press conference, flanked by his running mate Martha Karua (L), at KICC on August 16, 2022. PHOTO | AFP Kenya’s economy is bracing for a new election-related paralysis after opposition leader Raila … Read more

Inside Uhuru’s exit package as Kinyua team takes charge

Economy Inside Uhuru’s exit package as Kinyua team takes charge Sunday August 14 2022 President Uhuru Kenyatta. PHOTO | JOSEPH KANYI | NMG President Uhuru Kenyatta, who is set to leave office at the end of constitutional two terms, will receive a host of hefty retirement benefits, including a fleet of luxury cars, a fully-furnished … Read more

Corruption subverts political integrity, and hope on stage

Arts Corruption subverts political integrity, and hope on stage Friday August 12 2022 Chupa breaking up a fight between Madam Mapesa and Claudette in Kipande 2 at Kenya Cultural Centre, August 7, 2022. PHOTO | MARGARETTA WA GACHERU | NMG Liquid Arts Entertainment kept the promise they made in early June, unlike the dirty politicians … Read more

Rich Kenyans saved Sh2.1bn in dollars daily before polls

Economy Rich Kenyans saved Sh2.1bn in dollars daily before polls Friday August 12 2022 CBK data shows that foreign currency bank deposits held hit a historic high of Sh891.5 billion in June, up from Sh829.50 billion in May. FILE PHOTO | NMG Well-off individuals and companies banked a record Sh63 billion more in dollar accounts in … Read more

Stock market gains Sh32bn amid tight presidential race

Capital Markets Stock market gains Sh32bn amid tight presidential race Thursday August 11 2022 Securities trader Mbuthia Irungu at Nairobi Securities Exchange (NSE) trading floor at the Exchange building in Nairobi on August 26, 2020. PHOTO | SALATON NJAU | NMG The stock market reopened Wednesday after the General Election holiday with a gain of Sh31.8 … Read more