Author: Muindi

Kenyans working abroad sent Sh5.8 billion less in remittances in February 2025 compared to January 2025. The Central Bank of Kenya (CBK) data shows remittance inflows for February 2025 totalled $382.2 million (Sh49.5 billion), a 10.6 per cent decrease from January’s $427.4 million (Sh55.3 billion). Compared to February 2024, when inflows totalled $385.9 million (Sh50 billion), this represents a one per cent decrease. “The cumulative inflows for the 12 months to February 2025 increased by 14.5 per cent to $4,956 million (Sh641.8 billion) compared to $4,330 million (Sh560.7 billion) in the 12 months to February 2024,” the CBK stated in…

The Kenya National Examinations Council (KNEC) has published the 2025 Kenya Certificate of Secondary Education (KCSE) examination timetable, scheduled from October 21 to November 21, 2025. This early release aims to provide stakeholders with ample time for review and feedback. Key Dates and Schedule Registration Deadline: March 28, 2025. Candidate data will be shared post-registration. Practical Examinations: October 22-October 31, 2025 (Home Science, Art and Design, Woodwork, Metalwork, etc.). Written Examinations: November 3–November 21, 2025. First session papers begin at 8:00 a.m., second session papers at 2:00 p.m. Specific paper timings are indicated on the timetable and question papers. Project…

The Sudanese Ministry of Trade and Supply has enacted an immediate ban on all imports from Kenya, citing Kenya’s decision to host leaders of the Rapid Support Forces (RSF). The ban, detailed in a ministerial letter, is a direct response to perceived Kenyan support for the RSF, which is engaged in an ongoing conflict with the Sudanese Armed Forces.  The decision is based on Cabinet Resolutions 129 of 2024 and 104 of 2021, and recommendations from a Sovereignty Council committee tasked with addressing Kenya’s hosting of the RSF. “The import of all products coming from Kenya through all ports, crossings,…

OLA Energy Kenya has announced a restructuring plan, including workforce reductions, aimed at improving profitability and increasing market share over the next five years. The company cites challenging operating conditions and the need to reduce fixed costs as primary drivers for this decision. Since early 2024, OLA Energy Kenya has implemented a “rescue action plan” to address its financial trajectory, focusing on sales growth and cost reduction. The restructuring is a continuation of these efforts. “It is with deep regret that we must implement a redundancy program,” stated OLA Energy Kenya in a press release. The company emphasized that the…

KCB Group’s pre-tax profit for 2024 increased to 81.97 billion Kenyan shillings ($636.41 million), up from 48.45 billion Kenyan shillings in the previous year. After-tax profit surged by 64.9%, reaching 61.8 billion Kenyan shillings. Key performance drivers included a 28% growth in net interest income and an 11% reduction in provisions for expected credit losses, attributed to the strengthening Kenyan shilling and effective loan recovery strategies. The Group’s customer deposits rose to 1.4 trillion shillings from 990.4 billion shillings year-over-year. KCB Group, with operations in Kenya, the Democratic Republic of Congo, Tanzania, Rwanda, South Sudan, Uganda, and Burundi, saw its…

Pan-African Public Relations (PR) firm Glass House PR has launched ‘The Glass House PR Report: State of PR in Africa’.  The report engaged 28 public relations agencies from at least fifteen (15) countries, representing North, South, East, and West Africa, along with insights from industry thought leaders and the general public.  As their first report, it provides a comprehensive, data-driven perspective on the trends, challenges, and opportunities shaping public relations in Africa today. These insights are a valuable resource for professionals across various sectors, including government, technology, healthcare, finance, nonprofit organizations, development, media, event management, hospitality, and retail.  The Glass…