A petitioner has filed a notice of appeal against a court ruling which paved way for the re-appointment of Pavel Oimeke as director-general of the Energy, Petroleum and Regulatory Authority (Epra). Emmanuel Wanjala said he was dissatisfied with Justice Hellen Wasilwa’s decision to dismiss his earlier application against the official…
Insurance firms have reported a sharp rise in policy cancellations and withdrawals by customers squeezed by the economic fallout from Covid-19, raising fears that many insurers could soon face liquidity challenges. Top insurers confirmed a sharp rise in withdrawals and surrenders, majorly on life assurance and pension products — a…
Renowned paleoanthropologist Richard Leakey has commissioned the construction of a new Sh8.2 billion museum in Loodariak, Kajiado county to boost knowledge on human evolution. Works on the facility, which has been designed by Daniel Libeskind, the architect who rebuilt the World Trade Center in New York, will begin later this…
Agricultural firm Kakuzi and one of its unnamed affiliates have so far spent a total of £4.8 million (Sh675 million) on legal costs after being accused of human rights violations. The two companies, which are controlled by Kent-based multinational Camellia Plc, have been sued in the UK by law firm…
The Treasury has raised this year’s tax collection targets from company and employee earnings by Sh36.1 billion after President Uhuru Kenyatta announced the Covid-19 tax reliefs will end in January 2021. The latest revenue outlook report by Treasury Cabinet Secretary Ukur Yatani shows that income tax receipts are projected to…
Kenya Power is on the spot for prioritising expensive thermal power over the cheaper options such as geothermal and hydro, effectively setting up consumers for higher electricity prices. Data by the Energy and Petroleum Regulatory Authority (Epra) shows that the power distributor last month took the highest proportion of the…
The Nairobi Metropolitan Services (NMS) will hire additional medical staff, including doctors, nurses and midwives to boost health service delivery. This comes in the wake of a backlash after an expectant mother was turned away from Pumwani Maternity Hospital by security guards. NMS director for Health Services Josephine Kibaru-Mbae said…
Graft in State agencies is mainly perpetrated by male employees in mid and senior-level positions, a new survey shows. The survey report tabled in Parliament by the National Crime Research Centre (NCRC) further shows that the incidents of fraud mainly involved officers aged between 36 and 50. According to the…
Kwale miner Base Resources has repaid Sh5.4 billion ($50 million) as part of the loan taken in the first quarter of the year to boost its liquidity position in the wake of coronavirus pandemic. The firm says in latest trading update the repayment is part of the Sh8.2 billion ($75…
The number of businesses registered in the three months to September nearly doubled after the economic fallout from the Covid-19 pandemic saw many Kenyans switch to a survival mode. Data from the companies’ registry shows that the number of business names registered between July and September jumped 95 percent to…