Economy CBK raises red flag on parastatal loan defaults Banks risk losing up to Sh100 billion loaned to parastatals, the Central Bank of Kenya warns.... BIKO INTERVIEW: Life in brain surgery By JACKSON BIKO Layoffs by NSE firms double to 7,000 in a year By PATRICK ALUSHULA Economy Private companies growth slowest in five months Economy Universities seek Sh20bn as cash flow crisis deepens Commodities Tea multinationals on brink of closure as costs stay high Counties Sonko suffers blow in fight to stay in office Economy Kenya tourist arrivals fall 72pc Economy Wealthy Kenyans sell luxury vehicles as Covid hits incomes Companies SportPesa brand sold in secret Sh14m deal Capital Markets Safaricom share now accounts for 58pc of all NSE stocks Economy 38,314 more default on Helb as Covid-19 hurts economy News MPs told of Amoth’s text to Kemsa boss in graft probe NEWS Inside Superior Homes’ Covid survival playbook Nairobi faces service paralysis as Sonko keeps funds locked By COLLINS OMULO Cohen family fights widow over Sh500m Kitisuru home By SAM KIPLAGAT MPs told of Amoth’s text to Kemsa boss in graft probe By SAMWEL OWINO Kenya-Somalia tiff throws miraa talks into disarray By GITONGA MARETE Uganda's Bobi Wine calls off campaigns By DAILY MONITOR ECONOMY & POLITICS Universities seek Sh20bn as cash flow crisis deepens JSC dismisses misconduct suit against top court judges By SAM KIPLAGAT Fall in property taxes signals low land, house sales By CONSTANT MUNDA Kebs, accountants examiner sign pact on quality training By ELIZABETH KIVUVA 38,314 more default on Helb as Covid-19 hurts economy By LYNET IGADWAH Treasury backs plan to triple university fees By LYNET IGADWAH CORPORATE NEWS Stanbic hit by Sh275m default from sister firms AAR cancels Nairobi County medical cover over Sh855m debt By JOHN MUTUA Digital services earn Co-op ‘Bank-of-the-Year Award’ By PATRICK ALUSHULA Airtel takes on Safaricom in 5G race with Nokia deal By BRIAN NGUGI Tycoon could earn Sh38m in BOC buyout By VICTOR JUMA Tuskys in court over seized stock By SAM KIPLAGAT Videos Simba Corp, The Great Run partner to donate to a children's home Simba Corp, The Great Run partner to donate to a children's home CBK retains lending rate at 7% for the fifth time CBK retains lending rate at 7% for the fifth time Firms ask govt to defer implementation of proposed minimum tax Firms ask govt to defer implementation of proposed minimum tax KCB Group signs deal to acquire Atlas Mara's banking businesses KCB Group signs deal to acquire Atlas Mara's banking businesses OPINION & ANALYSIS KABAARA: Deal with the parastatal elephant in the room BODO: Kenyan banks are trapped in purgatory as suspense holds By GEORGE BODO KISERO: Rethink digital tax before rollout By JAINDI KISERO HIRAM: Why men should mind about state of prostate health By HIRAM MWANGI EDITORIAL: Raising fees won’t fix the universities’ cash troubles By BUSINESS DAILY EDITORIAL: Expand access to HIV drug By BUSINESS DAILY MONEY MARKETS Tea multinationals on brink of closure as costs stay high American PE targets energy projects with Sh5.5bn fund By OTIATO GUGUYU State seeks Sh40 billion in reopened T-bonds By ELIZABETH KIVUVA Insurance premiums to slow on spending cuts By PATRICK ALUSHULA Monthly M-Pesa agent transactions rise to record Sh528bn By JOHN MUTUA Kenya agriculture funding from UN to hit Sh1 billion By GERALD ANDAE LIFE & STYLE KIEREINI: We should emerge from Covid scourge healthier than ever Grandmother’s opera comes home to Kenya By MARGARETTA WA GACHERU BELLOWS: How Kenya can close its industry-academia gap By SCOTT BELLOWS MUNGAI: Why today’s work should save future By EDWARD MUNGAI KAGECHE: Build bridges by asking why should they buy? By JOHN KAGECHE Malaria prevention drugs in pupils ‘the silver bullet’ By SARAH OOKO DIGITAL BUSINESS How Covid is pushing agribusinesses to adopt tech HECHLE: The tech trends that look to shape 2021 By RICHARD HECHLE Kenya, China in digital trade deal By JAMES KARIUKI Floating bridge threatens to sink Likoni cable cars plan By GERALD ANDAE MBUGUA: Unlocking Nairobi traffic should not hurt commuters By DICKSON MBUGUA Vandals invade Dongo Kundu bypass By LYNET IGADWAH BD Life BIKO INTERVIEW: Life in brain surgery Slum fashion finds spot in art gallery By MARGARETTA WA GACHERU Restaurants in Covid era By WINNIE WANGUI Capturing African heritage By JAMES KAHONGEH Artist captures Covid-19 fears through works By MARGARETTA WA GACHERU BIKO INTERVIEW: The Gin Guy By JACKSON BIKO Sponsored Top 5 African teams in FIFA rankings RBA ready to soar at greater heights By RETIREMENT BENEFITS AUTHORITY Citizen engagement key for EA oil and gas sector By OXFAM UAE professional services sector to support African businesses once AfCFTA takes effect Indepth News Nanyuki at 100: A bastion of ‘white man’s country’ Will new fees kill Nairobi’s lucrative gambling sector? By COLLINS OMULO Cancers ravaging young Kenyans By DIANA MWANGO Rickets taking toll on children in city slums By ANNIE NJANJA Stock Market
Economy CBK raises red flag on parastatal loan defaults Banks risk losing up to Sh100 billion loaned to parastatals, the Central Bank of Kenya warns....