Airtel Kenya Calls for Regulation of Telco Sector, Claims it will Boost Competition
Airtel Kenya is calling for the regulation of the telecommunications sector arguing this will increase competition and investment according to its presentation to the Parliamentary Committee on Communication, Information, and [...]
Biometric registration of persons living in Kenya to start in Sept
The government is set to start a fresh registration exercise of persons living in Kenya in a bid to to help in the social and security planning in the country. [...]Bosch launches exclusive brand showroom in Kenya
German home appliances manufacturer Bosch has launched its first-ever dedicated showroom in Nairobi. The showroom is located at the Oval House in Westlands. The opening of this showroom comes four years [...]895km Nairobi-Addis Ababa Road Facilitates Trade in East Horn of Africa
Since the Kenyan section of the Nairobi-Addis Ababa road corridor was completed in 2016, trade between Kenya and Ethiopia has increased while fares and traffic congestion have reduced. The Ethiopian [...]Robin Hood Tax Will Negatively Affect the Stock Market CMA
The Capital Markets Authority (CMA) has released its soundness report for the second quarter of this year which indicates that the Robin Hood tax of 0.05 per cent introduced under [...]Safaricom Shareholders to Vote Using Mobile Phones at the upcoming AGM
Safaricom shareholders will now vote for the individual agenda items with their mobile devices after the telco announced it would deploy this service at the upcoming Annual General Meeting on [...]
Barclays Kenya Posts 6% Growth in Half Year 2018 Profits
Barclays Bank of Kenya has reported a 6.2 % increase in profit after tax to Ksh 3.8 billion for the period ended 30th June 2018. The performance was mainly attributed [...]Twitter Lite expands to 21 new countries Including Kenya
In April 2017 Twitter introduced its data saving application called Twitter Lite. Since then, it was only available as a bookmark that acts as an app through Google Chrome, but [...]ARM Cement Seeks License to Mine Limestone in Kilifi County
ARM Cement has applied for a license to mine limestone in Chonyi, Pangani, Chauringo, Maereni and Mazeras areas in Kilifi County according to a Gazette notice published on August 10, [...]Tullow oil trucking expected to resume later this month
British Oil Company Tullow oil is expected to resume oil trucking operations on 22nd August following a 45-days stalemate between the locals and the company which has so far cost [...]Construction of Miritini-Mombasa Rail to Begin At the End of August 2018
The construction of the 22-kilometre standard gauge railway connecting the Miritini passenger terminus to Mombasa’s central business district train station is set to begin at the end of this month. [...]Barclays Bank Kenya Unveils Program to empower SMEs
Over 9,000 SMEs are set to benefit from a business empowerment programme rolled out by Barclays Kenya as part of the bank’s effort to accelerate growth in the SME sector. [...]
