Mobile Commerce Transactions in Kenya Pass the Sh1tn Mark
According to the Communications Authority of Kenya’s (CA) data, mobile commerce transactions increased by 64 percent to Sh1.1 trillion in the second quarter of 2017/18 from Sh714 billion in the [...]
Kenya Power to improve power supply in Nyanza Western Region at a cost of Sh 1.5B
Kenya Power will spend KShs.1.5 billion to implement various projects aimed at improving power supply in Kisumu and the wider Western and Southern Nyanza region. “We are undertaking massive projects [...]
Opinion; Management of Mumias must do more to save the Sugar firm
Mumias sugar is still one of the largest millers in Kenya. In its heyday it sweetened a lot of peoples’ tea, and by extension many lives. Children were schooled with [...]Ms Ngea is Appointed BAT Kenya Company Secretary after Ms Ngobi Resigns
In a letter dated May 9, 2018, British American Tobacco Kenya (BATK) informed the Nairobi Securities Exchange (NSE) of the resignation of Ms Ruth Ngobi as company secretary of BATK's [...]Kenya Govt Set To Reduce Age Limit for 2nd-hand Car Imports
The price of second-hand car imports could soon increase as the government considers reducing the age limit for used cars. The plan is based on efforts to boost the support [...]Nairobi BRT To be Functional by December 2018 KEPSA Proposes
The Kenya Private Sector Alliance (KEPSA) has recommended the immediate implementation of the Bus Rapid Transit (BRT) System in order to enhance private sector participation in the Big Four agenda. [...]NSE Gets CMA approval to Test Derivatives Market
The Nairobi Securities Exchange (NSE) has received approval to undertake a Pilot Phase Test for the Derivatives Market within the next six months. In a statement, the exchange says the [...]Igathe Lands New role as Equity Bank's new chief commercial officer
Equity Bank Kenya has appointed Polycarp Igathe as its new chief commercial officer. Mr Igathe will take on the role with immediate effect ahead of his official unveiling at the bank's [...]Safaricom Sets Pace in Telecom Sector with Jitambulishe Voice Biometrics System
Safaricom launched a voice biometrics system dubbed jitambulishe in December last year with the aim of reducing fraud and cutting down the time spent verifying customers. Voice biometrics is a [...]CMA to Regulate Coffee Exchange in Proposed Regulations to Revive Coffee Sector
The National Task force on Coffee Sub-Sector Reforms has made recommendations, that if implemented, could see the Nairobi Coffee Exchange (NCE) management transformed. The proposal cites the Capital Markets Authority [...]Safaricom Purchases Software from US Firm to Control Revenue Leakages
Safaricom, Kenya’s largest telecom firm, together with Amdocs, has announced the purchase of security software to curb revenue leakages. In a joint statement, the two firms said Safaricom will utilise [...]US-Based PE Firm TPG Capital Acquires $47.5m Stake in Kenya's Cellulant
TPG Capital, a global private equity investment firm based in San Francisco, USA, has made its first investment in Africa through the Rise Fund, an impact fund operated by private [...]
