Kenyan Players in the Capital Markets Sector Partner to Boost Product Uptake Listings
Kenyan players in the capital markets sector have partnered to boost product uptake and listings at the Nairobi Securities Exchange (NSE). The partnership aims to achieve the objectives of the [...]
Four Ways The Cloud Is Creating, Not Eliminating Jobs
By Sebuh Heilelul, Country Manager, Microsoft East Africa. Five million jobs are expected to be lost to automation by 2020. That may sound like a scary figure, but as these [...]
Kenya risk reward score among the highest in Sub Saharan Africa
Kenya's reward score (6.36 / risk score: 5.51) remains one of the highest in sub-Saharan Africa, according to the Africa Risk-Reward Index from Control Risks and Oxford Economics. The reports [...]Ticket Bookings for Inaugural Flight to the US Remain Low, Says KQ
Kenya Airways (KQ) has said that ticket bookings for the inaugural non-stop flight to New York, which opened in January, have been low. The airline is, however, confident that the [...]Twiga Foods secures 300Mn funding from the IFC
Twiga foods is set to receive $3 million (Ksh300 million) from The International Finance Corporation (IFC). Acting for its own account says its considering to invest a minimum of US$ [...]Victoria Bank of Kenya obtains $10Mn to improve lending to SME’s
Victoria Bank of Kenya has received a $10 M, 10 year commercial loan from World Business Capital Inc, a regulated commercial finance company that offers flexible term loans helping small [...]Court Allows Njiraini to Continue his Term as KRA Commissioner-General
The court has dismissed a case opposing the extension of commissioner-general John Njiraini’s term by one year. According to Justice Nelson Abuodha, Mr Njiraini was appointed on a fixed-term contract [...]Nationwide crackdown on foreigners working in Kenya illegally begins this month
The Ministry of Interior and Coordination is planning to kick start a nationwide crackdown on 23rd July against foreigners working in the country illegally. In May C.S Matiang’i had asked [...]CAK approves acquisition of Engen by Vivo, Latter ordered to part away with two petrol stations
Competition Authority of Kenya has approved a share transaction between Vivo Energy Holding (distributes and markets Shell-branded fuels and lubricants) and Engen Holdings that was initialized in December last year. [...]NMG Could Face a Suit for Defamatory Articles Against Alleged Sugar Saga Mastermind Jaswant Rai
Mr Jaswant Singh Rai, the businessman alleged to be behind the sugar scandal, has threatened to sue Nation Media Group (NMG) if they do not meet a set of his [...]Kenyans to Pay More for Mobile Money Transactions with New M-Pesa Charges
The new M-Pesa charges which took effect on July 1 will see Kenyans pay two per cent more for money transfer services. The new charges are in line with the [...]Equity Confirms Appointment of Polycarp Igathe as Group CCO
Equity Group Holdings Plc has confirmed the appointment of Mr. Polycarp Igathe the Group Chief Commercial Officer. The Group has also appointed Julius Kayoboke as the Group Director in charge [...]
