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 [...]Mauritius is the Most Prepared Country in Africa for Online Shopping
Mauritius is the most prepared country in Africa for shopping online, this is according to UNCTAD’s report dubbed Business-to-Consumer (B2S) E-commerce Index for 2018, which was released at the Africa [...]CAK Gives Nod for Acquisition of Tumaini Supermarket
The Competition Authority of Kenya has given a nod for Sokoni Retail Kenya, a company incorporated in Mauritius on 23 August 2018, to take over Tumaini Self Service Limited. The [...]Kenya's Forex Exchange Reserves Dipped to $7.96B During the Week Ending 6 December
Kenya’s foreign exchange reserves stood at $7.96 billion during the week ending 6 December 2018, representing 5.3 months of import cover. Central Bank of Kenya says the falling reserves still [...]KenGen Seeks a Consultant to Determine Suitability of Minerals in its Geothermal Brine
Kenya Electricity Generating Company has issued expression of interest for research services for mineral extraction from Geothermal Brine. Through a tender notice, KenGen invited eligible firms and entities to provide [...]Uhuru Kenyatta Unveils New Generation Coins
President Uhuru Kenyatta has unveiled the new generation coins at the Central Bank of Kenya. The new coins are now legal tender, and will begin to circulate on 11 December [...]The Waterfront, Karen Signs Shoprite As Co-anchor Tenant
The Waterfront, Karen, has signed Shoprite as its second major co-anchor tenant. The move will see the South African retailer open its third outlet in Kenya. This development comes nearly [...]Foreign Investors Advised to Tap into Special Economic Zones in Kenya
Investors wishing to set up shops in Kenya should take advantage of the Special Economic Zones, as they will offer optimal revenue outputs due to preferential treatment on matters such [...]Kenya's Consolidated Bank seeks Ksh3.5 billion Cash Injection in Exchange for 175M New Preference Shares
CONSOLIDATED BANK OF KENYA LIMITED has invited local and foreign investors to inject Ksh3.5 billion in exchange of 175 million New Preference Shares as it seeks to implement a Balance [...]
