Kenya’s CMA Recognised as 2018's Most Innovative Regulator
Kenya’s Capital Markets Authority (CMA) has once again been recognised as the Most Innovative Capital Markets Regulator in Africa 2018' by the International Finance Magazine. The award comes after the [...]
Kenya's ImpalaPay PesaChoice Complete Blockchain-Based Mobile Money Transfer Pilot Test
Kenya’s payments company ImpalaPay and US-based fintech company PesaChoice have successfully finalised a pilot test of cross-border mobile money transfer on the stellar blockchain. The project allows end-to-end transactions of [...]Bolloré Logistics to Provide Logistics Services to Mobius Motors Under New Contract
Bolloré Logistics Kenya will provide logistics services to automobile company Mobius Motors under a new contract. Bolloré will offer logistics services for vehicle assembly equipment for Mobius’s new generation manufacturing [...]Regulators in Africa Adopt Wait See' Approach with Cryptocurrencies Ecobank Report
Regulators in Africa are adopting a wait and see approach with regards to cryptocurrencies according to Ecobank's recent report on crypto regulation on the continent. The report indicates that while [...]Kenya to Establish 50 Special Zones for Livestock Production for Export Market
The Kenyan government is set to create 50 special zones/feedlots for the production of livestock for the export market. The project will be carried out in partnership with strategic partners [...]Taj Mall set to be demolished by 30th August
The Multi-sectoral committee on unsafe structure has issued a notice to the owners and developers of Airgate Mall (formerly Taj Mall) situated on North Airport Road at the junction of [...]Lake Economic Bloc Bank to Kick-Start Operations in October
The Lake Region Economic Bloc Investment Bank will begin operations in October according to the Kakamega County governor and the chairman of the bloc Wycliffe Oparanya. He also said the [...]Kenyan motorists to pay more for fuel as Super Petrol prices go up
The Energy Regulatory Commission has announced new petroleum prices that will be enforced from 15th August to 14th December 2018. Super petrol increases by Ksh 1.53 while Diesel and Kerosene [...]ARM Cement Seeks License to Mine Limestone in Kilifi County
ARM Cement has applied for a license to mine limestone in Chonyi, Pangani, Chauringo, Maereni and Mazeras areas in Kilifi County according to a Gazette notice published on August 10, [...]Construction of Miritini-Mombasa Rail to Begin At the End of August 2018
The construction of the 22-kilometre standard gauge railway connecting the Miritini passenger terminus to Mombasa’s central business district train station is set to begin at the end of this month. [...]Jumia Introduces Back to School Campaign Offering Up to 60% Discount
Jumia has launched a back to school campaign for KCPE and KCSE students enabling them to buy school items such as mathematical sets, log books, and calculators at a discount [...]Non-English Speaking SGR Chinese Workers Could Have Their Work Permits Revoked
The Kenya National Commission on Human Rights (KNCHR) is advocating for the invalidation of work permits belonging to Chinese workers who cannot speak English. According to KNCHR chairperson Kagwira Mbogori, [...]
