Popular Rwandese eatery Brioche opens 2nd Outlet in Kenya
Popular Rwandese pastry chain Brioche is opening up its second Kenyan outlet in Nairobi’s Westlands area, inside the popular events venue, The Alchemist. Brioche which operates a chain of pastries [...]
Kenya Govt finally bows to IMF Pressure, agrees to repeal the rate cap law
After months of insisting that the rate cap law signed in August 2016 was here to stay, Kenya has caved to pressure from International Monetary Fund (IMF) to change course. [...]Kenya Power Net Profit Declines massively by 30%, No Dividends Declared
National electric utility firm, Kenya Power Lightening Company (KPLC) has released its financial results for the six month period ended December 2017. The company's net profits declined by 30.2% [...]World's 2nd largest PR Firm Weber Shandwick Opens Nairobi Office targeting multinationals
Weber Shandwick, the world’s second largest communications and engagement firms, has announced the opening of a fully owned office in Nairobi, Kenya, to meet growing demand from domestic and multinational [...]You can now Purchase Apps from Google Play Store pay using M-Pesa
Global mobile commerce enabler, DOCOMO Digital has partnered with Safaricom to give customers the option to pay for content on the Google Play Store using M-PESA. The integration, which is [...]KAA Invites Tenders For Construction of JKIA's 2nd Runway
Kenya Airports Authority (KAA) has invited companies to tender for the construction of JKIA’s second runway. According to KAA, the procurement of civil works will take place under open competitive [...]
Kenya Raises Sh 200 Billion in Eurobond Sale that was oversubscribed by 700%
The Kenyan Government has raised $2 billion (Sh 200B) in a dollar denominated Eurobond sale on Wednesday which is split equally between 10- and 30-year tranches. The 10 year bond [...]Kisumu based United Millers set to expand into Uganda Tanzania
United Millers plans to establish milling plants in Uganda and Tanzania as part of a new strategy to expand its business in the Lake Victoria region. The Kisumu based flour [...]Kenya Sets New Standards to Eradicate Lead Paints
The Kenyan government has enforced standards to terminate the production, export, import, sale, and use of lead-containing paints. The new standards come after Centre for Environment Justice and Development (CEJAD) [...]PwC Kenya Announces the Retirement of Anne Eriksson after 40 Years of Service
PricewaterhouseCoopers (PwC) announced on Monday the retirement of Anne Eriksson, the first African female regional head at the firm. Eriksson was in charge of operations in 6 African countries over [...]Olkaria V Project Set For Completion In 2019
KenGen has confirmed that the Olkaria V project is on course and that it will be completed in June 2019. The Kenyan and Japanese governments have already pumped Sh17 billion [...]CBK Accused of Favouring De La Rue in Currency Tender
Crane AB, a multinational Swedish firm, has accused CBK of collision and of putting up a determined defence to award De La Rue the new currency tender. Crane AB, which [...]
