Kendi Ntwiga picked as Meta Global Head Of Misrepresentation
Kendi Ntwiga-Nderitu, who previously worked as the Country Leader at Microsoft Kenya, is now the Global Head of Misrepresentation at Meta, a social media giant based in Ireland. Kendi assumed [...]
CBK Collects KSh 14.7B at Weekly T-Bills Auction
Central Bank of Kenya(CBK) collected KSh 14billion at this week's treasury bills auction and received bids worth KSh 14.7billion out of the KSh 24billion on offer, an under subscription rate [...]Somalia Lifts 2-Yr Import Ban on Miraa from Kenya
Somalia has reached a deal to resume importing miraa(khat) from Kenya, with Kenya’s Agriculture Peter Munya stating that it will take the next two weeks before the final paperwork is [...]TotalEnergies To Hold Its 67th AGM this Month
TotalEnergies Marketing Kenya Plc has notified its shareholders that the listed oil marketer’s Annual General Meeting(AGM) will take place via electronic means on 30th June 2022 at 2.00 pm. The [...]Kenya Abandons Eurobond Plans As Investors are Spooked
Kenya has beaten a hasty retreat from its early plans to float a KSh115 Billion ($1 billion) Eurobond and has instead shifted its attention to borrowing from a consortium of [...]Home Afrika picks Ben Munyasya as New Company Secretary
Home Afrika Limited Board of Directors has announced the appointment of Ben Munyasya as the Company Secretary with effect from 6th June 2022. Munyasya is a Certified Public Secretary, a [...]CBK Collects KSh 73.8B from 18-yr Infrastructure Bond Sale
Central Bank of Kenya(CBK) received bids amounting to KSh 76.4Billion from the 18-year Infrastructure Bond issued in May 2022, a performance rate of 101.83%, with the state fiscal agent accepting [...]Kenya Launches 5-year Plan to Boost Food Security Amidst Looming Shortages
Kenya has launched a five-year plan to boost food and nutrition security amid a severe drought that has affected more than 3 million people. Francis Owino, the principal secretary of [...]
COFEK warns of Price Hikes by Supermarkets Taking Advantage of Rising Inflation
The Consumers Federation of Kenya (COFEK) has raised concerns that a section of retail chains are exaggerating the prices of goods and taking advantage of the Russia-Ukraine war which has [...]Kenya Power Launches Live Line Laboratory to Tame Blackouts and Cut Revenue Losses.
Kenya Power has launched a Sh340 million live line laboratory where it will test equipment including trucks, insulating blankets, link sticks and a line hose tester in a bid to [...]Access Bank Set to Acquire Centum's 83.4% Stake in Sidian Bank
Nigeria’s top lender, Access Bank, will acquire majority stake in Sidian Bank from Centum Investments for Ksh4.3 billion ($36.8 million), two years after it entered the Kenyan market with the [...]Relief as MPs add Ksh 15 Billion to the Fuel Subsidy Scheme
Lawmakers have moved to avert a looming economic crisis by adding the Ministry of Petroleum and Mining Sh15 billion to fund the fuel subsidy programme. In a supplementary budget two [...]
