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Tea auction up as sector eyes new markets

The tea auction absorption has risen to 84 per cent, up from 51 per cent during the same period last year, highlighting stronger market uptake and improved demand despite ongoing challenges in the tea sector.Last year, government pricing policies caused a large build-up of stock at the Mombasa Tea A

By The Standard Dec 01, 2025

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Property firm wins award for Sh6 billion affordable housing project

A development by GulfCap Real Estate has been recognised with the Best Affordable Housing Project of the Year Award.Buxton Point was honored with the award by the Kenya Professional Realtors Association (KPRA) during their 7th Real Estate Awards and Recognition Dinner at the Trademark Hotel, Village

By The Standard Dec 01, 2025

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Anxiety as Mombasa port is slapped with surcharges amid ship delays

The recent spillover of ships from Tanzania following post-election violence and the traditional surge in cargo arrival every last three months of the year have combined to cause congestion at the port of Mombasa.Kenya Ships Agents Association (KSAA) CEO Elijah Mbaru reported huge losses in ship cha

By The Standard Dec 01, 2025

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Why Kenyans have nothing to cheer despite drop in unga prices

The country’soverall inflation rate, or the cost-of-living measure, held steady in November, but consumers saw little relief at the dinner table.This is as sharp price increases for staples like onions and kale offset a welcome drop in the cost of maize flour, official data shows.Get Full Access for

By The Standard Dec 01, 2025

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HF doubles Q3 profit to Sh989m

The performance marks the strongest third-quarter performance in almost 10 years for the financial services holding company following a loss streak between 2018 and 2021.It came on the back of a significant reduction in cost of funds, an increase in interest income and non-funded income.Get Full Acc

By The Standard Dec 01, 2025

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New firm shows interest in Mrima Hills' Sh8.1 trillion mineral deposits

The Sh8.1 trillion (USD 62.1 billion) rare earth deposits at Mrima Hills, Kwale County, have once again attracted the interest of another investor seeking a slice of the project.Mrima Hills Consortium, a London-based private company known for the development of rare earth assets, says it has Sh130 b

By The Standard Dec 01, 2025

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Bridge across continents: Kenyan-Australian alumni mark 60 years of partnership

Australian High Commission  Ms. Jenny Da Rin during the Kenyan Australian Alumni Association in Nairobi.[Courtesy]The Kenyan Australian Alumni Association (KAAA) marked a historic milestone over the weekend, celebrating 60 years of Australia–Kenya partnership in an event rich with personal stories,

By The Standard Dec 01, 2025

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Insurers caught flat-footed ahead of IRA's 24-hour cyber breach deadline

Insurance companies must strengthen their cybersecurity defences to meet regulatory requirements for 24-hour breach reporting, industry experts are warning.This comes even as the Insurance Regulatory Authority (IRA) directive issued by chief executive Godfrey Kiptum requires insurers to report all m

By The Standard Dec 01, 2025

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Hope for cheaper credit as more banks roll out new loan pricing model

Borrowers could see cheaper and more transparent loan costs from next week as major banks, under pressure from the regulator, begin rolling out a new interest rate pricing model designed to make lending rates more responsive to monetary policy changes.Get Full Access for Ksh299/WeekUncover the stori

By The Standard Dec 01, 2025

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Nubians renew push for legal ethnic recognition, cite historical injustices

The Nubian community has renewed its call for formal ethnic recognition, saying decades of administrative ambiguity and historical injustice continue to deny them equal access to citizenship rights, land security and political representation.Speaking on behalf of the Nubian Council of Elders Dr Musa

By The Standard Dec 01, 2025

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Leaders: Poll wins signal confidence in Ruto

Senior Kenya Kwanza leaders have declared that the coalition’s strong performance in recent by-elections is a clear indication that President William Ruto’s administration is on course for victory in the 2027 General Election.National Assembly Speaker Moses Wetang’ula, Senate Majority Leader Aaron C

By The Standard Dec 01, 2025

Source: The Standard

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