KQ Surprised By Union Threat To Call For Industrial Action
The national career Kenya Airways says its surprised by what it terms as destructive behaviour by the Kenya Aviation Workers Union (KAWU) who have threatened to down their tools ahead of [...]
Susan Mboya-Kidero Resigns as Board Chair of Liberty Insurance
Dr Susan Mboya Kidero resigned as the board chair of NSE listed insurance firm Liberty Holdings with effect from 24th October 2018. She joined the company's board in 2011 and was [...]
General Business, Long Term Insurance Push Premiums To Sh112.3 Billion
The insurance industry has recorded an increase in the premiums underwritten between January and June 2018 to record a 3.1 per cent increase from Sh109.05 billion in 2017 to Sh112.39 [...]Kenol Kobil Takeover Bid Hits Snag Over Insider Trading' Allegations
A bid by French Petroleum products distributor Rubis Energie SAS to acquire 100 per cent of the ordinary shares of KenolKobil has hit a major roadblock after the capital markets [...]Benefit Payment Eat Up Insurance Profits IRA Report
The insurance sector has recorded a 22.4 per cent increase in Benefit Payment pushing the numbers from Sh 21 billion in the second quarter of 2017 to over 26 billion [...]Kenya To Host World Bank Session On Inclusive Education
The World Bank in collaboration with the Kenyan Government and other partners is set to conduct a Technical Learning Session on Inclusive Education from October 23 – 25, 2018 in [...]French Multinational Makes Takeover Bid for KenolKobil
French Petroleum products distributor Rubis Energie SAS, is looking to take over 100 per cent of the ordinary shares in the share capital of KenolKobil PLC. The multinational has proposed [...]AFMI 2018 Ranks Kenya Among Most Advanced Financial Markets in Africa
Kenya's financial space has been ranked the third most advanced in the continent according to the 2018 Absa Africa Financial Markets Index (AFMI), which is now its second edition. Kenya was ranked [...]CMA Concerned Over Rising Number Of Unlicensed FX Brokers
The Capital Markets Authority is warning forex traders about the rising cases of unregulated online trading and its associated risk to those investing. According to the regulator, the increased number [...]Young Entrepreneurs Get Interest-Free Loans in Bankers’ Empowerment Programme
Young men drawn from Nairobi’s informal settlements have received funds to set up their own businesses after undergoing entrepreneurship training under a youth programme initiated by the banking industry in [...]Number of letters posted locally declines by 10.7%
According to the latest statistics from the Communications Authority of Kenya, postal and courier sub-sector registered mixed trends as most consumers take preference in digital communication services. The number of [...]Tatu City's Industrial Park Phase One 80% Sold!
Rendeavour, Africa's largest urban developer responsible for Tatu City, the 5,000 mixed-use development, has announced that 80 per cent of Tatu Phase One Industrial park – has been sold out. Over 40 [...]
