Kenya Pipeline Halts LPG Depot Project in Eldoret
Kenya Pipeline has halted the construction of the 5,000 metric tonnes LPG depot project in Eldoret, citing budgetary constraints. The firm, which has slashed its capital expenditure budget by KSh6 [...]
NCBA Merges Investment Banking Units
NCBA Group has issued a public notice of the commencement of the business amalgamation process of its two investment entities, NIC Capital Limited, CBA Capital and the securities brokerage subsidiary, [...]Shelter Afrique Receives Additional Capital From Kenya Govt
Africa's housing development financier, Shelter Afrique recently announced of an additional capital they had received from Kenya between 2017 and 2019 worth ksh 1.62 billion. Shelter Afrique chairman, Mr Nghidunua [...]UN Cash Constraints Likely to Delay November Salaries
United Nations Secretary-General Antonio Guterres says that there is about $1.4Bn in outstanding payments fearing that the agency may enter November without enough cash to cover payrolls. The Secretariat could [...]
#Eliud159 emoji with the new M-PESA logo garners over 11.0 Billion impressions
Eliud Kipchoge brought Kenya and the world together focused on one thing and he did not disappoint as he ran an average of 17 seconds for every 100m metre 422 [...]
4G Capital Wins ‘Responsible Digital Innovator of the Year’ Award
Kenya based lending startup 4G Capital has received the silver award for the Responsible Digital innovator of the year. Global SME Finance Awards recognized the Fintech’s responsible lending metrics, which [...]Farmers Oppose Newly Published Coffee Regulations
The recently approved Crop (Coffee) ( General) regulations 2019 that had been put in place to try and save the sector, have been rejected by several cooperative societies as they [...]KPA Equips First Berth In Preparation of Launch
The Kenya Ports Authority is equipping the first berth of the Lamu Port in preparation for its launch. In July, the authority called for a supply of three six-tonne and [...]National Oil Kenya Appoints Acting CEO
National Oil Corporation of Kenya (NOCK) board has appointed James Nyamongo as CEO in an acting capacity, following the exit of MaryJane Mwangi. The firm's board, in a statement on Wednesday evening, [...]Tea Prices Rise at the Mombasa Weekly Auction
Tea prices rose to KSh 231 per kilo at this week's Mombasa auction, showing signs of a possible bounce back after suffering a five-year low in July, where prices hit [...]Nairobi-Nakuru Highway Expansion to Begin in December
The Transport and Infrastructure Cabinet Secretary James Macharia has announced that plans to expand Nairobi-Nakuru highway are to commence in December. The road is to be done under a public-private [...]US Based FAA Directs Kenya Airways To Inspect Its Fleet of Aircrafts
The Federal Aviation Administration has recently written to Kenya Airways and Kenya Civil Aviation Authority to inspect their fleet of Boeing 737 new-generation aircraft. This is because of the problems [...]
