Kakuzi Plc Appoints Nicholas Nganga as Chairman, Dr. John Kibunga Kimani Joins Board
Kakuzi Plc, a listed agricultural firm, has appointed Nicholas Nganga as its Board Chairman with immediate effect. He takes over from Graham Mclean, who has stepped down from the position [...]
CBK Raises KSh16.5 Billion from Weekly T Bills Auction
The Central Bank of Kenya (CBK) accepted bids worth KSh 16.5 Billion out of Treasury Bills worth KSh 24 Billion it had offered, representing a subscription rate of 72.14%. Investors [...]Kenya Starts Exporting Horticultural Products Through Sea Freight
Kenyan fresh flowers will use sea transport as an alternative to air transport to reach international markets. According to the Kenya Flower Council chief executive Clement Tulezi, sea transport is [...]
Kenya's October Inflation Rises to 4.84% due to High Cost of Food
Rising food costs have pushed Kenya's October Inflation to 4.84%, up from 4.25% in September. The Consumer Price Index (CPI) increased by 0.95% from 108.57 to 109.60, month on month. [...]
Kenya Airways Postpones Resumption of Nonstop New York Flights
Kenya Airways will resume direct flights to New York on 29th November 2020 after a seven-month hiatus occasioned by the COVID-19 pandemic. Initially, the airline was slated to commence the [...]SportPesa Makes a Comeback to the Kenya Betting Scene
Betting firm SportPesa has made a comeback to the Kenyan betting scene after more than a year. In a twitter post, SportPesa CEO Ronald Karauri made the revelation stating the [...]Mergers Will Continue to Define Kenya's Banking Industry; NCBA CEO
The Kenya Bankers Association #CEOChat forum kicked off early Friday morning under the theme Banking Industry Growth and Consolidation Trends Amid Heightened Uncertainty. My Chat with a Bank CEOis a [...]Absa Bank Issues KSh 60 Billion Relief to Small Businesses
Absa Bank has provided relief to small businesses affected by the COVID-19 pandemic to the tune of KSh 60 billion to enable them to ride over the disruptive effects of [...]Kenya Power KenGen to Delay Publishing Full Year Results
Kenya Power KenGen say that they will delay publishing their financial results for the year ended 30th June 2020. The two listed firms were expected to release their full [...]
Laying of KSh3 Billion Fibre Optic Cable at Kenya South-Sudan Border Begins
Construction work on the 630 Km, KSh3 Billion high-speed fibre-optic cable at the Kenya-South Sudan border has begun. The project, funded by the World Bank and the Kenyan government, aims [...]CBK Schedules Next Policy Meeting For November
The Central Bank of Kenya (CBK) has scheduled the next Monetary Policy Committee (MPC) meeting for Thursday, November 26th, 2020. All eyes will be on the monetary policy committee, given [...]Overstayed Cargo at Nairobi Depot to be Auctioned
The Kenya Revenue Authority has announced that it will auction all consignments that overstayed at the Nairobi Container Depot on 18th November. Businesses and individuals whose goods have exceeded the [...]
