Construction of Thika Road Footbridges to End by December 2018
The ongoing construction of the four footbridges along Thika Highway will be complete by December 2018 according to KeNHA’s assistant director for communication Charles Njogu. Once the construction is complete, [...]
Microsoft IoT and AI popup labs improve performance of businesses in Kenya
Microsoft 4Afrika has received an affirmative response from beneficiary teams and developers of the IoT (Internet of Things) AI (Artificial Intelligence) pop up lab and series of events last [...]EX Dubai Bank Kenya Chairman Hassan Zubeidi offers to pay back depositors
Former Dubai Bank Kenya (in receivership) Chairman Hassan Zubeidi has offered to buy locked deposits, in a proposal issued in a letter dated 18th July to the Kenya Depositors Insurance [...]GE's US Shareholders Oppose Company's Plan to Invest in Lamu Coal Plant
An investor group of multi-national conglomerate General Electric has publicly objected to plans to purchase a stake in a Kenyan coal plant arguing that the project will pollute the environment [...]HF group Banking subsidiary unveils digital banking solution ‘HF Whizz’
HFC, the banking and mortgage subsidiary of HF Group has launched a digital financial services platform dubbed “HF Whizz”. The platform has been developed to deliver on simplicity and speed [...]Google's Parent Firm Partners with Telkom Kenya to set up balloons in the sky to offer internet in rural areas
Alphabet Inc Loon will next year deploy it system of balloons to beam high speed internet access with Telkom Kenya to cover rural areas and out-of-town area populations. “We will [...]AFDB to double funding for Kenya’s electricity access
The African Development Fund says it will double its financing to (Kshs.30 billion) in support of KPLC Last Mile Connectivity project, a government driven initiative for universal connectivity by 2020. [...]EABL to Begin Production at New Sh15b Western Kenya Brewery
East African Breweries Limited (EABL) said on July 17 that its new brewery in Western Kenya worth Sh15 billion is ready to begin production after a successful testing process. The [...]Recommended retail petroleum prices for July-August
The Energy Regulatory Commission has determined maximum retail petroleum prices of petroleum products which will run from 15th July-14th August 2018. Super petrol increases by Ksh 3.39 while Diesel and [...]Chase Bank Resumes Operations Under SBM Bank (Kenya) Ltd
Mauritius-based SBM Holdings Limited through SBM Bank (Kenya) Limited has finalised the transaction to obtain “carved out assets and assumption of specific liabilities of Chase Bank Kenya Ltd (in receivership) [...]CMA cautions the public on unlicensed online forex brokers
Capital Markets Authority has cautioned the public against working with unlicensed online forex brokers adding that those found dealing with them will not be protected from the law in case [...]Kenya raises its shareholding investment in Africa50 to $100Mn
President Uhuru Kenyatta has announced Kenya would double its current shareholding investment in Africa50 to US$ 100 million. In his keynote address at the Africa50 General Shareholders Meeting held in [...]
