Kenya Govt Sets up Blockchain Artificial Intelligence Taskforce!
January 18 2018; The Government has began setting up a taskforce that will work on a comprehensive strategy to encourage and adopt emerging technologies such as Blockchain and artificial intelligence [...]
CBK Governor Patrick Njoroge Named 2018 Africa Central Banker of the Year'
The Governor of the Central Bank of Kenya, Dr. Patrick Njoroge, has been felicitated with the Central Banker of the Year Award (Africa) for 2018 by the Financial Times Group's [...]Finally; Govt gives NSE ago ahead to introduce short selling
The Kenya Govt through the ministry of Treasury has finally allowed the Nairobi Stock Exchange (NSE) to introduce short-selling, a long awaited move that is expected to boost liquidity and diversify [...]Kenol Kobil appoints Martin Kimani as Kenya GM
Nairobi Securities exchange listed downstream oil marketer KenolKobil has announced the appointment of Mr. Martin Kimani as the General Manager Kenya with effect from 10th of January 2018. Martin was [...]Ms. Caroline Munene appointed AAR East Africa Group CEO
AAR Insurance has announced the appointment of their new Group Chief Executive Officer (CEO) for East Africa, Ms. Caroline Munene. Ms. Munene will take the lead with the responsibility of [...]Norwegian accelerator, Pangea Sets Base in Kenya
Pangea, a platform that claims to connect African startups with international investment expertise, has launched its accelerator program in Kenya. In a statement, Pangea says they have entered into [...]Volkswagen to double production in Kenya; explores 2nd model
German carmaker Volkswagen is looking to double production in Kenya and to introduce a new model at its plant in Thika according to a statement from President Uhuru Kenyatta. VW [...]Citi Picks Kenya Among Top Frontier Markets to Watch in 2018
According to Citi, Kenya is among the top frontier markets that could offer big opportunities for money managers around the globe in 2018. The American multinational investment banking group has [...]Regulator Fines Kenyan Telcos Over Ksh. 300M for Poor Quality Services
The Communications Authority of Kenya (CA) fined three mobile operators Ksh.311 million for failing to meet the quality of service (QoS) standards for the 2015/2016 financial year. Quality of Service [...]Kenya Airways Begins Talks to Hedge its Fuel Purchases as Oil Prices Rise
Bloomberg's Kamlesh Bhuckory reports that National carrier Kenya Airways (KQ ) has begun talks with lenders about renewing its hedging strategy to neutralize the impact of rising fuel prices. “We have [...]Kenya to build 10MW waste-to-energy electricity plant
The Africa Development Bank’s (AfDB) Sustainable Energy Fund for Africa (SEFA) has approved a grant of US$995,000 to Asticom Kenya Ltd, to support the construction of a 10MW grid-connected municipal [...]Reports; Carrefour To Open 5th Outlet in Kenya at Sarit Centre
Majid Al Futtaim is in talks with Soma Properties to open its fifth Carrefour store at Westland's based mall Sarit Centre. According to people familiar with the matter, the store could [...]
