CMA Ceo Paul Muthaura Appointed Chairman for Africa Middle East Committee of Global Standard Setter
The Capital Market Authority (CMA) Kenya Chief Executive, Mr. Paul Muthaura, has been appointed Chairman of the Africa and Middle-East Regional Committee (AMERC) of the International Organization of Securities Commissions [...]
Carrefour To Open 6th Kenyan Outlet at Village Market
Majid Al Futtaim, the Carrefour exclusive franchise holder in Kenya and 37 other countries has signed a deal with the management of Village Market that will see the opening of its [...]CMA Proposes Tax Amnesty to Promote New Public Listings
The long-standing listing drought has caused the Capital Markets Authority (CMA) to propose a tax amnesty for companies that want to go public. Paul Muthaura, CMA chief executive said many [...]
Kenya Power Upgrades System for Faster Token Generation
Kenya Power has announced the completion of upgrading its IT platform, a move that has increased the speed of token generation by prepaid customers. The upgrade entailed direct integration of [...]Mai Mahiu Road Set for Upgrade Amid Heavy Rains
The plan to upgrade the 70-kilometre Kibiko-Kimuka-Suswa road that links Narok and Kajiado counties is underway. The upgrade will help control the floods experienced along the Narok-Mai Mahiu highway during [...]Portland Cement Relying on Land Sale to Get Out of Financial Trouble
East African Portland Cement Company (EAPCC) is experiencing operational challenges which at some point resulted in the termination of cement production and salaries were delayed. The company is now placing [...]NMG Appoints Stephen Dunbar-Johnson to the Board of Directors
The Board of Nation Media Group (NMG) Plc has appointed Stephen Dunbar-Johnson to the Board of Directors effective April 13, 2018. Dunbar-Johnson is the president of international at the New [...]Govt to Construct Sh8 Billion Mega Dam in Mt Kenya Forest
The state is set to spend Sh8 billion for the construction of a mega dam in Mt Kenya Forest in order to reduce water shortages in parts of Laikipia County. [...]WPP Scangroup to Boost its Market Research Business in Africa Through Proposed Acquisition of Kantar TNS
WPP Scangroup yesterday announced it has reached an agreement to acquire a majority stake in Research and Marketing Group Investment Limited which runs Kantar TNS. Currently, WPP Scangroup offers market [...]Kenyan Tech firm, Africa’s Talking raises Kshs. 860 Million in Series A funding
Local technology company Africa’s Talking has closed an $8.6 Million series A funding. The round of funding was led by the IFC, a member of the World Bank Group. Other [...]DP Ruto Urges Private Companies to go Public
Deputy President Wiliam Ruto has challenged private companies to launch initial public offerings to fund their businesses rather than depending on loans from financial institutions. Speaking at the 7th Building [...]30% of the Kenyan Labour Force is Underskilled- WEF
According to a report by the World Economic Forum (WEF), 30 percent of the Kenyan workforce has inadequate skills, a situation that is negatively affecting the country. In order to [...]
