Proposed competition remedies are anti-customer will stifle innovation
The telco sector competition remedies proposed to the Communications Authority of Kenya (CA) will stifle innovation, neglect customer needs, and increase call prices. The Customers’ Needs Will No Longer Be [...]
Govt requests IMF for 6-month extension of the $1.5B credit subject to Rate Cap review
By IMF; A staff team from the International Monetary Fund (IMF), led by Benedict Clements, visited Kenya from February 19 to March 2, 2018, to conduct the 2018 Article IV [...]
Britam seeking to lay off more than 100 employees with early retirement offer
In a cost-cutting move, Britam Holdings PLC is looking for more than 100 workers to volunteer for early retirement. “The Voluntary Early Retirement (VER) is part of our business realignment [...]Will Gender Matter in the Workplace in 2030?
By Nuru Mugambi Why can’t a woman be like a man? This poignant question was asked by Henry Higgins as he lamented with his comrades about women. In the 1960s [...]Express Kenya shares resume trading on NSE after 3-month Suspension
In a public notice, the Nairobi Securities Exchange (NSE) has announced that Express Kenya PLC's suspension from trading was lifted effective 5 March 2018 after approval by the Capital Markets [...]Former CMA CEO Stella Kilonzo appointed Senior Director, Africa Investment Forum
The African Development Bank has announced the appointment of Stella Kilonzo as Senior Director, Africa Investment Forum, effective March 1, 2018. Kilonzo, a Kenyan national, has been the Division Manager, Capital [...]HF Group signs $15M financing facility with Arabian Bank
Housing Finance Kenya has signed US $15 million financing facility with the Arab Bank for Economic Development in Africa (BADEA) for improving HFC’s working capital and for onward leading to [...]Opinion; One-stop border posts have strengthened EAC trade relations
BY JULIUS MUSYOKI The recent Kenya-Uganda joint presidential launch of the Busia One-Stop Border Post (OSBP) marked a significant stride in the achievement of regional integration and trade facilitation in [...]Jambojet to Buy 4 Planes to Facilitate Expansion Plans
Jambojet, a low-cost brand of Kenya Airways, has announced plans to purchase four aircraft to facilitate its expansions locally and regionally. Jambojet’s CEO, Willem Hondius said that two used Bombardier [...]National Bank of Kenya to close more than 10 Branches across the Country
According to reports reaching us from reliable sources, National Bank of Kenya (NBK) is planning to close no fewer than ten of its branches in the coming weeks. This exercise, [...]Joshua Oigara; For KQ, Every Cloud has a Silver Lining
By Joshua Oigara Every cloud has a silver lining. This idiom, though cliché, is appropriate for our national airline Kenya Airways or KQ as it is known by its international [...]TransCentury becomes 13th firm to Issue Profit Warning
Infrastructure company TransCentury has become the 13th kenyan company to issue a profit warning saying that the earnings for the financial year ended 31 December 2017 may be 25 percent [...]
