Frankline Sunday

New World Bank report warns of widening inequality gap, poverty

By Frankline Sunday   2024-04-09 15:08:40

The latest report from the World Bank indicates that poverty levels in the country remain high even as the economy continues to post strong growth in the gross domestic product (GDP).

Nairobi County's uphill task to net Sh20 billion in land rates

By Frankline Sunday   2024-04-11 04:55:00

Nairobi City County is looking to collect at least Sh20 billion in new land rates in a move that could make it the first devolved unit to fund its entire budget from internal revenue collection.

Counties sitting on Sh1b emergency fund amid raging floods

By Frankline Sunday   2024-04-29 17:20:03

Data from the Office of the Controller of Budget (CoB) indicates that Kenyan counties cumulatively set aside Sh1.9 billion to their emergency funds in the 2023/2024 financial year.

Court throws out Jogoo Road residents' suit to stop eviction

By Frankline Sunday   2024-05-08 17:30:08

Residents of Jogoo Road Phase Two Estate have lost their bid to challenge an eviction order from the government that seeks to demolish the estate and build affordable housing units.

How your Sh26 daily has lifted Safaricom's earnings to Sh329b

By Frankline Sunday   2024-05-10 23:55:29

Telco’s after-tax profits grew by 13.7 per cent to Sh84.7 billion recorded in the year ended March 2024.

How State regulation bit off Sh2.8b from Safaricom profits

By Frankline Sunday   2024-05-15 00:14:49

Customers making transactions valued at less than Sh1,000 now enjoy a waiver on the daily maintenance fees for the first three days.

Court hands Makini Schools reprieve in row with PTA chairman

By Frankline Sunday   2024-05-14 22:42:06

Milimani Principal Magistrate Sammy Opande denied Mr Bugo’s request to enjoin the institution’s parents and teachers’ association in his dispute with its management. 

CA pushes for Sh88.5b nation-wide broadband

By Frankline Sunday   2024-05-18 21:55:22

CA seeks to spend Sh28 billion over the next five years towards expanding mobile phone usage and mobile broadband to 66 and 65 per cent, respectively.

State House exceeds budget by Sh1 billion

By Frankline Sunday   2024-05-22 18:20:39

Initially, the budget for State House for the 2023/2024 financial year was set at Sh6.3 billion. It was later revised to Sh8.5 billion in the first supplementary budget.

Security cash hits record high amid local, regional challenges

By Frankline Sunday   2024-06-09 19:21:10

Ruto's administration is aligning itself with interests of the West, which is seeking to push back against the advance of Chinese and Russian influence.

Watchdog now goes after tech giants with law review

By Frankline Sunday   2024-06-17 15:10:18

CAK could soon begin regulating the activities of players in the digital marketplace in a move that could see platforms like Facebook and Google declared dominant. 

Manufacturers have their way as MPs drop disputed levies

By Frankline Sunday   2024-06-20 14:54:16

Kenyan manufacturers have won big as Parliament’s Finance and National Planning Committee strikes out several proposed levies from the Finance Bill 2024.

Truths and lies during Ruto's Sunday TV interview

By Frankline Sunday   2024-07-02 21:09:16

President William Ruto's claim that he has put an end to extrajudicial killings is false. 

Safaricom scrambles to shore up Gen Z market in wake of protests

By Frankline Sunday   2024-07-09 21:25:57

Safaricom found itself in a tight spot over reports of internet throttling when users across the country experienced outages and slow connections for hours during the protests. 

Postal Corporation hikes costs for digital addresses by 2000pc

By Frankline Sunday   2024-07-23 12:04:17

The cost of owning and operating a virtual post office box would go up from the current Sh400 to Sh9,450 for corporates and Sh2,000 for individuals.

Fund managers net Sh10b in 3 months as Kenyans spread risk

By Frankline Sunday   2024-07-24 19:10:12

Money market funds are gaining traction as the preferred investment vehicle as CMA data shows total assets under management stood at Sh225b in March.

Demos push Safaricom share price down 17pc

By Frankline Sunday   2024-07-26 15:29:04

Safaricom has lost more than Sh118 billion in paper value over the past two months.

Media trends: Radio, TV remain top news sources for Kenyans

By Frankline Sunday   2024-07-27 21:34:37

Radio and television are the top sources for news among Kenyans despite increased digitisation in the country’s media industry over the past decade.

Auditor General wants closure of illegal bank accounts operated by counties

By Frankline Sunday   2024-09-05 18:59:16

Auditor General says county governments operating numerous commercial bank accounts contributes to financial mismanagement and waste of taxpayer funds

Court orders Rubis to pay fired boss of oil firm Kobil Sh34.6m

By Frankline Sunday   2024-09-14 20:59:59

Employment and Labour Relations Court finds David Ohana was unfairly sacked following the acquisition of Kobil by French major Rubis in a Sh35 billion deal five years ago.