Hyatt Announces Entry into Kenya With Two New Hotels in Nairobi
American multinational hospitality company Hyatt Hotels Corporation has announced that it has entered into a management agreement with Kanha Limited for the first Hyatt-branded hotels in Nairobi, Kenya. Hyatt Place [...]
Environment Ministry Suspends Ban on Plastic Bottles
The Ministry of Environment has temporarily suspended the ban on plastic bottles after making a deal with the Kenya Association of Manufacturers (KAM) according to the chief administrative secretary Mohammed [...]
Moody's Projects Growth Of Islamic Banking In Africa
Islamic banking asset of the total African banking is expected to rise to above 10 per cent in the next five years from the current below 5 per cent. Moody’s [...]University Students to Benefit In New CMA Literacy Program
University students are expected to benefit from the third edition of the Capital Market Authority (CMA) University challenge, which was launched on Tuesday as part of the authorities consumers literacy [...]KBA, CMA Sign MoU to Boost Financial Sector Innovation through Research Policy
The Kenya Bankers Association (KBA) and the Capital Markets Authority (CMA) signed a memorandum of understanding (MoU) to promote the financial sector through research, stakeholder engagement, data sharing, and analysis. [...]Kenya Airways Precision Air Obtain Exemption from Competition Rules in Joint Venture
Kenya Airways and Precision Air Services based in Tanzania can now create and share revenues on their common routes after the Competition Authority of Kenya approved their joint venture to [...]Crypto Exchange Pesamill Launches in Kenya
Pesamill Africa, a peer-to-peer and centralised exchange, has launched its services in Kenya expanding the already growing crypto scene in the country. This comes at a time when Kenya ranked [...]Kenya Airways Opens Euro Account for Payments
Kenya Airways has opened a Euro Account to offer guests more payment options at its sales outlets in Kenya. This brings to three the currencies accepted by Kenya Airways as a means of payment at [...]Relief as Millers Confirm No Increase In Prices of Maize Flour
Kenyans can now breathe easy after the Cereal Millers Association announced that they will not be increasing the price of maize flour as earlier indicated. While speaking in Nairobi, the [...]CMA 2018 University Challenge Launched
Kenya's capital markets regulatorhas launched its annual Capital Markets University Challenge that targets university students, in an effort educate and empowerthem on how the Markets work and the opportunities the [...]ARM Cement to Auction Kigali Plant to Pay Off Creditor
ARM Cement’s Kigali plant will be auctioned for the second time to pay off a debt. The troubled Kenyan-based cement company halted the first auction through a court injunction after [...]BAKE Challenges Cybercrime Provisions in Newly Signed Finance Act
The Bloggers Association of Kenya (BAKE) has raised concerns that the government has reintroduced sections of Computer Misuse and Cyber Crimes Act, 2018 that were suspended by the High Court. [...]
