Land values biggest beneficiary of infrastructure projects Hass
HassConsult has unveiled land price trends for the first quarter of 2017, presenting the Nairobi suburbs and satellite towns that were big winners of the ongoing infrastructure projects as investors and [...]
Kenya to benefit from Sh 370M nuclear infrastructure development kitty
Kenya has been listed among the 30 nuclear newcomer countries that will benefit from the recently signed agreement between International Atomic Energy Agency (IAEA) and Rosatom. The agreement is aimed [...]Tullow Oil, Africa Oil Corp Maersk Oil Discover More Oil in Northern Kenya
Oil exploration group Tullow Oil together with its exploration partners Africa Oil Corp and Maersk Oil have announced that they have made more oil discovery in Block 10BB in the northernmost end of the [...]Safaricom and Kwese TV announce video distribution partnership
Kenya's largest telecommunication company, Safaricom has signed a distribution agreement with Econet Media’s Kwesé TV, Africa's newest multi-platform Pay TV network, to deliver premium video content to Kenyan consumers. Kenyan [...]Stanbic Bank Strathmore Launch Training Programme for SME Owners
Stanbic Bank has partnered with Strathmore Business School to launch a training and mentoring programme for small and medium enterprise owners. The capacity building initiative dubbed ‘BizConnect’ is aimed at providing strategic [...]Nigerian Logistics Firms Launches Kenyan Operations
Nigerian based Logistics and Distribution Services Company, Courierplus has launched its services in Nairobi, Kenya. The company serves a number of clients mainly in sectors such as Banking and Financial Service, Manufacturing, [...]Canada's Octant Energy acquires key oil blocks in Kenya Tanzania from Afren oil
Octant Energy Corp has announced that it has entered into three agreements with subsidiary companies of Afren PLC to acquire assets in Kenya and Tanzania. The assets include Kenya Block [...]Fitch says Kenya's Fiscal Plan Suggests Shifting Policy Stance
Fitch Ratings The fiscal targets in Kenya's recent Budget Statement suggest a shift away from strongly expansionary fiscal policy, Fitch Ratings says. The impact on Kenya's sovereign credit profile will [...]Deacons Swings to FY16 Operating Loss of Sh 385 Million
Nairobi Securities Exchange listed company Deacons (East Africa) Plc posted an operating loss of Ksh 385 Million in financial year ending 31 December 2016 compared to an operating profit of [...]Kenya Tops Africa in Use of Mobile Financial Services Report
A new report released by Quantum Global’s independent research arm, Quantum Global Research Lab has revealed that Kenya has highest rate in the use of mobile financial services at 68%, [...]Kenya's Carole Wamuyu Appointed Chief Operating Officer of AFDB's Africa 50 Fund
Africa50, an infrastructure fund owned by 23 African governments, the African Development Bank, and institutional investors has announced the appointment Carole Wamuyu Wainaina as Chief Operating Officer. Carole Wamuyu, a kenyan [...]Expect slower GDP growth, further shrink in private sector expansion lower yields for equities Genghis
Genghis Capital projects a slower growth in 2017 owing to the general election jitters, prolonged drought and the after effects of the interest rates cap legislation. Kenya’s economy is expected to expand [...]
