Litmus test for President Ruto economic advisers

Columnists Litmus test for President Ruto economic advisers Friday October 28 2022 Prime Cabinet Secretary Musalia Mudavadi (right) takes oath of office at State House in Nairobi on October 27, 2022. PHOTO | DENNIS ONSONGO | NMG What was the point of the process of parliamentary vetting of Cabinet nominees? It looked more like a … Read more

Ruto pledges wealth tax on tycoons to fix budget

Economy Ruto pledges wealth tax on tycoons to fix budget Friday September 30 2022 President William Ruto flanked by speaker of the National assembly (left) and Senate speaker Amason Kingi adrresses the 13th Parliament on September 29, 2022. PHOTO | SILA KIPLAGAT | NMG President William Ruto has revived a proposal to impose higher taxes on … Read more

Ruto seeks deal with Safaricom to disburse cheap hustler loans

Capital Markets Ruto seeks deal with Safaricom to disburse cheap hustler loans Thursday September 29 2022 President William Ruto when he arrived at the Norfolk Hotel in Nairobi for a press briefing by Safaricom, NCBA Bank and Kenya Commercial Bank. PHOTO | PSCU President William Ruto is seeking a deal with fintechs such as Safaricom … Read more

The four men who could make or break Ruto government

Economy The four men who could make or break Ruto government Wednesday September 28 2022 Treasury CS Njuguna Ndung’u. FILE PHOTO | NMG Four Cabinet Secretary nominees, including former central bank Governor Njuguna Ndung’u, will emerge as the key cogs in the wheel of the new administration that is racing to tackle a heavy debt burden, … Read more

Supreme Court wants non-IEBC staff denied server access

Economy Supreme Court wants non-IEBC staff denied server access Tuesday September 27 2022 Chief Justice Martha Koome. PHOTO | JEFF ANGOTE | NMG The Supreme Court has recommended that access to servers supporting the transmission and storage of election results should be restricted to the Independent Electoral and Boundaries Commission (IEBC) staff during the poll … Read more

US overtakes Uganda as top buyer of Kenyan goods

Global Markets US overtakes Uganda as top buyer of Kenyan goods Thursday September 22 2022 President William Ruto during a roundtable meeting with Kenya – US business executives in New York. PHOTO | PSCU The United States has overtaken Uganda as the largest buyer of Kenyan goods, ending Kampala’s dominance as the top market for Kenya’s … Read more

Shippers accuse KPA of stalling order to revert port jobs to Coast

Transport Shippers accuse KPA of stalling order to revert port jobs to Coast Thursday September 22 2022 A Container Terminal within the Port of Mombasa. PHOTO | KEVIN ODIT | NMG A cargo transport lobby has written to the Kenya Ports Authority (KPA) demanding unconditional clearance of goods at the Port of Mombasa accusing the … Read more

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

Ruto faces return of costly foreign loans in first year

Economy Ruto faces return of costly foreign loans in first year Monday September 19 2022 President William Ruto addresses Kenyans after he took the oath of office at Moi International Sports Centre, Kasarani, on September 13, 2022. PHOTO | JEFF ANGOTE | NMG The Treasury has said Kenya will find it challenging to sustain reliance … Read more