Plans to Establish Coal Plant at the Kenyan Coast Are On-course
Kenya is set to construct a coal plant in Lamu despite pollution protests from locals, environmental groups, the International Monetary Fund (IMF), global NGOs, the World Bank, and stakeholders in [...]
ChamaPesa to Leverage on Blockchain as It Takes Chamas to the Next Level
Chamas are popular in Kenya, with more than 65 percent of the 6 out of 10 Kenyans participating in at least three such savings group. Unlike banks, chamas are social [...]Coca-Cola To Introduce New Beverage Categories Into the Kenyan Market
Coca-Cola Beverages Africa says it has invested Kshs 3 billion in a new Hot Fill Line in its Kenyan operations as it evolves towards becoming a total beverages company in [...]
Sitoyo Lopokoiyit back to Safaricom as Director Financial Services
Safaricom has announced that Sitoyo Lopokoiyit will be coming back to the company as Director Financial Services effective 1st of March 2018 to replace Ronald Webb who resigned from the critical [...]A Brief Look into Kenya’s Telecom Competition Market Study Report
In late 2015, the Communications Authority of Kenya commissioned an independent study of the telecommunication sub-sector with a view to evaluate the competitive landscape of the market. This came came [...]Cybercrime in 2018: How to Protect Yourself
In 2017, cyber-attacks, threats and data breaches, and major hacks dominated world headlines. According to Microsoft, these breaches were as a result of human error. As a result, for businesses [...]ICT CS Joe Mucheru completes Sale of BitPesa Stake to Avoid Conflict of Interest
Joe Mucheru, the ICT Cabinet Secretary, has completed the sale of his stake in Kenya’s digital money remittance company BitPesa. The action follows a promise he first made in 2016 [...]Kenya’s GDP Expected to Be Stronger in 2018
A study by Exotix Capital has discovered that despite the extended election period, Kenya’s gross domestic product (GDP) remained strong in 2017. The study report expects GDP growth to be [...]Acacia Mining Kick-starts Survey of Kakamega Gold worth Sh 146.5 billion
Acacia Mining, a UK company that has been exploring Kakamega gold, said it has kick-started a survey to determine the commercial viability of the deposits estimated at 1.1 million ounces [...]Kenya Makes Significant Progress in Sustainable-Finance Reforms, Report Finds
Kenya is one of 34 countries that have introduced banking reforms to expand sustainable lending, making emerging markets a major force in driving development and fighting climate change, according to [...]Parliamentary Budget Committee says its Considering Amending Rate Cap Law
The chairman of the parliamentary budget committee announced on Monday that there was a case before it regarding the amendment of the cap on commercial lending rates. The International Monetary [...]Knight Frank signs up Shoprite as Anchor tenant for Westgate Shopping Mall
Following the exit of Nakumatt, Knight Frank Kenya says it has signed up Shoprite as the anchor tenant for Westgate Shopping Mall in Nairobi, marking the South Africa-based retail chain’s maiden [...]
