Kenyan to Steer Dalberg as Global Managing Partner
Dalberg Advisors has announced the appointment of Edwin Macharia as Global Managing Partner for a 3-year term. Edwin term commences on 1 January 2020 and succeeds Yana Kakar who had [...]
Government to Re-advertise Auditor General's Position
The government will re-advertise the position of Auditor General after failure to find Edward Ouko's successor in the first round. A committee tasked with selecting a candidate from 17 shortlisted [...]Curb on foreign travel, remittances boost Shilling strength
The Kenyan shilling has held steady against the US dollar over the past one week due to a combination of an easing in the monetary policy stance and increased forex [...]
Affordable Housing Program Attracts 17,000 Kenyans so Far
The Affordable Housing Program has attracted a total of 17,000 Kenyans so far, who have already signed up for the voluntary deductions to the State's affordable housing plan. According to [...]
Safaricom in 2020; Countrywide 4G Coverage by July, New Products around Mpesa, Ethiopia Expansion
In a recent interview with Safaricom's interim CEO Michael Joseph, Global Investment Bank and Financial Services Citi revealed that the telco expects to have countrywide 4G coverage by July 2020 [...]Banking Stocks Dominate Trading at NSE
The Banking Sector dominated the trading at the Nairobi Securities Exchange (NSE). This comes after it had shares worth KSh464 million transacted. This, therefore, accounted for 41.31% of the traded [...]Men still dominate membership of Saccos Report
There are more men than women members in the Deposit-Taking Savings and Credit Co-operative Societies sub-sector, a new report has shown. According to the SACCO subsector Demographics Study Report 2019, [...]European Union Commits KSh2.9 Billion to Kenya
The European Union has signed an agreement to commit KSh2.9 billion, geared towards boosting Kenya's public finance planning kitty. This happened at the ongoing 9th African, Caribbean and Pacific (ACP) [...]Danish Brewing Company to Set up KSh4.59 Billion Facility in Kenya
Danish Brewing Company E.A Limited is planning to set up a KSh4.59 billion production facility to cement its position in Kenyan Market. Moreover, the firm has intensified expansion plans with [...]Kenya Coffee Sector to Decline as Reforms Fall Short
While demand for Kenya Coffee in the World remains steady, its production is uncertain. This is according to Global Agricultural Information Network (GAIN) Report. An assessment by the US Department [...]Equity Group CEO Ranked Among Bloomberg’s Top 50 Business Leaders
Equity Group Chief Executive Officer, James Mwangi, has been ranked among the world's top 50 business leaders by Bloomberg. The ranking, dubbed Bloomberg 50, takes into consideration the world’s top [...]CRBC Withholds Key Detail in SGR Deal Review
The Chinese firm, China Road and Bridge Corporation (CRBC), has withheld key details in the recent SGR deal review, arguing that the information is sensitive and private. This has ensued [...]
