Radio Africa Group Issues Notice of Intended Redundancies
Radio Africa Group has issued a notice of intended redundancies as the company faces revenue challenges. A statement from the Group CEO notes that the company is transitioning from older [...]
Parliamentary Budget Committee Warns of Looming Debt Accompanying Supplementary Budget
The Parliamentary Budget Committee has warned that approving new budget estimates would lead to financing gaps and therefore additional borrowing. According to the committee, Treasury's proposal for the KSh 80.1 [...]KPC Starts Search for Managing Director
Kenya Pipeline Company (KPC) has started the search for a new managing director. This is due to the interviews for nine shortlisted candidates for the post that are scheduled to [...]Lori Systems Sets Precedence in the E-logistics Sector
Kenya prides herself as the regional hub for East Africa and the entrance to the Great Lakes Region. In addition, the port of Mombasa is strategically positioned to facilitate the [...]
KPA Remits KSh18.7 Billion to Treasury in Special Dividends
KPA has remitted KSh 18.7 billion in special dividends to the National Treasury. Such comes a few months after Treasury lamented about the poor contribution of parastatals towards its cash needs. [...]Exploring Smart Technology for Off-grid Power Systems a Chat with Clear Blue Technologies CEO, Ms Miriam Tuerk
What if we could reduce the power overload through creating technological solutions for renewable energy? Clear Blue Technologies Inc., a Canadian Smart off-grid company, has done precisely that. The company [...]IM Holdings Appoints Regional Director
IM Holdings has announced the appointment of Mr Vincent De Brouwer as the company's Regional Director. He becomes the first appointee of the newly created position that is aimed at [...]Simba Corp Restructuring To Affect Less than 5% of Staff
Simba Corp has announced it will restructure its operations citing need to reduce costs and improve service delivery. We are restructuring our business processes to enhance efficiency in our operations, [...]SBM Bank Kenya Q3 Earnings Dip 64% to KSh 647 Million
Mauritius-based SBM Bank Kenya has recorded a drop in its net earnings for the first nine months of this year. Its net earnings for Q3 dropped by 64 per cent [...]
Ride-Hailing App Resumes Operations in Select Routes
Ride hailing App SWVL has resumed operations in select routes as the company pushes for NTSA compliance. The company has resumed operations in Utawala and Mlolongo, among other Eastlands routes. [...]CBK Governor Calls for Sustainable Finance
The Kenya Bankers Association recently hosted the 2019 edition of the Sustainable Finance Initiative award. The SFI Catalyst award celebrates players in the banking sector for their impact in finance, society, and [...]Buzz Afrique Becomes 19th Firm to Join NSE's Ibuka Programme
Marketing and Communications firm Buzz Afrique has joined Nairobi Securities Exchange's incubation and growth acceleration programme Ibuka. Buzz Afrique becomes the 19th company to be admitted to the programme that [...]
