Kenya Govt bans media ads on Betting and Gambling between 6 am and 10 pm
Kenya's Ministry of Interior and Co-ordination of National government and the Betting control and licensing board have issued a statement banning all outdoor ads on gambling, betting advertisements on social [...]
Kenyan Employees prefer growth and learning opportunities over salary report
Kenyan employees seek learning opportunities, availability of promotions, professional training, positive company culture and supportive management from their employers. These insights are according to an employer brand survey released today [...]
World Bank Approves $250 Million for Kenya Govt's Affordable Housing Program
The World Bank has approved a $250 million International Bank for Reconstruction and Development (IBRD) loan to support the Government's affordable housing agenda. The Kenya Affordable Housing Finance Project (KAHFP) will [...]Safaricom’s New CEO to be revealed in June
Kenya’s top telecommunications company expects a new CEO in six weeks according to information published on Bloomberg. It follows a rigorous selection process that saw 40 applicants trimmed down to [...]Fitch Ratings rates Kenya's Long term debt B+
Fitch Ratings, one of the three major Credit Rating Agencies in the world, sees Kenya's economic outlook as stable with a long-term debt rating of B+. The favourable ranking is [...]Kenya Airways on an expansion drive despite six years of accumulated losses
Kenya’s national airline plans to increase its fleet and expand its route network in 2019. The airline has its eyes on Rome and Geneva as possible new routes by June [...]Barriers to roping the informal economy into pension coverage
When comes to social security in retirement, more attention is on formal employees who contribute through an employer that has enrolled them in a registered pension scheme. That however only [...]Equity bank investors drop Sh8.6Bn Employee Share Ownership Plan
Equity group investors rejected an Employee Share Ownership Plan that would have given workers at the institution an additional 205.7 million shares worth KSh8.6 billion. The regional lender announced the [...]EcoBank Kenya appoints new MD
Ecobank Group has announced the retirement of Samuel Ashitey Adjei, Managing Director of its affiliate Ecobank Kenya and Regional Executive, for Central, Eastern and Southern Africa (CESA), after 29 years [...]
April Inflation hits 19 month high of 6.58%
Kenya’s inflation rose to 6.58 per cent in April 2019 from 4.4 per cent in the previous month. It is the highest inflation rate since September 2017 and was mainly driven [...]Kenya releases new mobile number prefix 01xxx
The Communications Authority of Kenya has announced the release of a new prefix 01xxxx in addition to the prefix 07xxxxxxxx that is currently in use. The use of the new [...]East African Securities Regulators Advocate for a “Centre Light” Model for Regional Regulation
The regional capital markets regulators, under the umbrella of East African Securities Regulatory Authorities (EASRA) have emphasized on the need for the EAC Policy and the Bill for establishment of [...]
