Longhorn Publishers Appoints Joseph Kiruri New CFO
Longhorn Publishers Plc has appointed Joseph Kiruri as the Chief Finance and Operations Officer. In a press statement, the group Chairman Francis Nyammo noted that Mr Kiruri's appointment takes effect [...]
Kenya’s Banking Industry at ‘High Risk’ SP Global Ratings
Kenya’s banking industry has been placed at a ‘high risk’ category by SP Global Ratings due to low wealth levels, and a contracting banking sector due to the recently introduced [...]Kenya's NSE Seeks To Counter Listing Drought with Ibuka Incubation Programme
The Nairobi Securities Exchange has introduced Ibuka Programme, an incubation and acceleration platform that will help address the listing drought at the bourse. Ibuka seeks to unlock the potential of [...]Strauss Energy Limited Seeks Permit to Distribute Electricity
Strauss Energy Limited has written to the Energy Regulatory Commission seeking an Electric Power Generation, Distribution and Supply permit for its three Solar-Hybrid power plants in Turkana County; Kang'atotha (16kW), [...]Uchumi Blames Litigation Matters For Delayed Financial Audit
Uchumi Supermarkets has said it will delay the release of its financial audit and publishing of its results for the year ended June 2018 due to various litigation matters concerning [...]Liquid Telecom Partners with Code for Africa to Install Air Quality Sensors across Kenya
Liquid Telecom has partnered with Code for Africa to install air quality sensors at 3,000 sites across Kenya, following warnings that air pollution is killing more than 20,000 Kenyans a [...]Kenya Signs Two Agreement with Jersey to Return $5M Proceeds of Corruption
The Kenyan government and Bailiwick of Jersey, a Crown dependency located near the coast of Normandy, France, have signed two distinct agreements that will see the return to Kenya about [...]Shoprite Opens Its Maiden Outlet in Kenya at Westgate Mall
Shoprite has opened its maiden outlet at Westgate Mall, paving way for its presence in the competitive Kenyan market. The 50,000-square-feet flagship store, which was signed up by Knight Frank [...]Nuru Mugambi Appointed Eisenhower Fellowships-Kenya Board Chair
Nuru Mugambi has been appointed Eisenhower Fellowships-Kenya board Chair, a program that identifies, empowers and connects innovative leaders through a transformative fellowship experience and life-long engagement in a global network [...]Kevian Kenya Considering Listing at the NSE
Kevian Kenya, the manufacturer of Afia juice and Pick n’ Peel juice, has set its eyes at the Nairobi Securities Exchange. Kimani Rugendo, the firm's Managing Director, has hinted at [...]Kenya's Sovereign Credit Profile Constrained by High Government Debt and Subdued Revenue
Kenya's credit profile (B2 stable) is constrained by high and rising government debt as well as subdued government revenue, Moody's Investors Service said in an annual report. Other credit challenges [...]Imperial Bank Depositors to Start Receiving Their Money in Two Weeks
DEPOSITORS of Imperial Bank Limited (in Receivership) will start receiving their money in two weeks time, Central Bank of Kenya and Kenya Deposit Insurance Corporation have announced. On 27 September [...]
