Kenya's Moi International Airport to be Run by Solar a First in Africa
A first of its kind pilot project in Africa consisting of a ground-mounted 500kW solar power generation facility and mobile airport gate electric equipment has been launched at Moi International [...]
DTB's Outlook Stable' GCR
Diamond Trust Bank Kenya Limited has been given a ‘stable’ rating outlook, due to the lender’s growing franchise in a challenging operating environment. The South African Global Credit Rating Co. [...]Imperial Bank Depositors Asked to Open New KCB Accounts to Receive Payments
Imperial Bank Limited (in Receivership) depositors will have to open an account with KCB Bank to receive 12.7 per cent of the available deposit balances. In a statement, Kenya Deposit [...]COMESA Endorses Acquisition of KenolKobil by Rubis énergie
The Common Market for Eastern and Southern Africa has endorsed the take over offfer of Kenolkobil by the french firm Rubis énergie Competition Commission Board of Commissioners Chair Patrick Okilangole, the COMESA [...]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 [...]
