Harmonisation of Customs Processes in Eastern Africa Key in Trade Facilitation: KRA Commissioner General
Eastern African revenue authorities have been urged to come up with more innovative ways of addressing emerging customs revenue policy and administrative challenges. The Kenya Revenue Authority commissioner general John [...]
Ethiopian Airlines, EU Agrees to Establish Ethio-European International Business School
Ethiopian Airlines has signed a letter of intent with the European Union to establish Ethio-European International Business School. The letter was signed by H.E. Ambassador Johan Borgstam, head of the [...]Elizabeth Littlefield Takes Over Mugo Kibati's Role as M-KOPA's Board Chairman
M-KOPA has appointed Elizabeth L. Littlefield as its new Board Chairman. She will take over from Mugo Kibati, who has chaired the M-KOPA Board since February 2016 and is stepping [...]Lake Turkana Wind Power's extra Ksh9.6B Penalty Demands From Government Put on Spot
The Senate has raised an alarm over the Lake Turkana Wind Power’s demands for an extra Ksh9.6 billion from the government as penalties for the late completion of a transmission [...]Barclays' Timiza Hits 2.7 Million users
Barclays Bank's Timiza mobile app has registered 2.7 million customers barely a year after its introduced in Kenyan market. The app, which allows customers to access instant loans, deposit funds, pay [...]AfCTA Expected to Boost Intra-African Trade by 50%
The African Continental Free Trade Area is expected to boost regional trade and industrialisation by 50 per cent if implemented in March 2018. The agreement, which was signed last March [...]Construction of KenGen's 83MW Olkaria Geothermal Power Plant Commences
The construction of 83MW geothermal power plant in Olkaria took shape on 4 December 2018 after President Uhuru Kenyatta broke the ground for the green project. The Olkaria 1 Additional [...]Oman’s Raysut Eyes ARM Cement, Kampala Cement, in Eastern Africa Expansion Drive
Oman’s Raysut Cement Company has expressed a $100 millon interest to administrators of the ailing ARM Cement as part of its investment strategy to triple its production capacity to 20 [...]Qatar to Leave OPEC By January 2019
Qatar's Minister of Energy has said that the country will leave the Organsiation of the Petroleum Exporting Countries by January 2019. Addressing a news conference in Doha, Saad Sherida Al-Kaabi said [...]Joe Sang’s Tenure At Kenya Pipeline Comes To An End
KENYA PIPELINE COMPANY LIMITED’s managing director Joe Sang will not be renewing his second term at the helm of the firm, the board of directors has learnt Tuesday morning. In [...]Mumias Sugar To Delay Release of Financial Results
MUMIAS SUGAR COMPANY LIMITED says it has requested the Capital Markets Authority more time before it can publish its 30 June 2019 audited accounts as it awaits recommendation from a [...]CBK Invites Bids for 10-Year Ksh40Bn Treasury Bond
The Central Bank of Kenya has invited bids for a 10-year Fixed Coupon Treasury Bond worth Sh40 billion at a coupon rate to be determined by the market. CBK said [...]
