Kenya Airways says some flights delayed after technicians skip work
Kenya Airways said on Monday it was experiencing some disruptions to its flight schedules after an undisclosed number of technicians failed to show up for work, the latest in a [...]
Barclays’ initiative in supporting Emerging Supply Chains
Africa has a lot of potential. But it remains only as potential if we do nothing. The supply chain has possibilities. Vimal Shah during the recently concluded Barclays Africa [...]Kenya is Seeking KES 30 Billion in The Bond Markets
The Kenyan government has turned to the the fixed income market and is seeking KES 30 Billion for budgetary support in through a two year Treasury Bond. Bids will be [...]Toyota Tsusho acquires 9.5p.c stake in Kenyan IT firm Seven Seas Technology
Toyota Tsusho has acquired a 9.5 percent stake in Kenyan IT services firm Seven Seas Technology for about $3 million. In a gazette notice published on the local dailies by the Competition Authority [...]Performance of Kenya's high end real estate market in 2016
Property prices and rents in the high end residential and commercial market segments peaked in 2016, owing to a rebalancing of supply and demand according to real estate consultancy firm, Knight Frank [...]Tatu City raids Centum for Development Manager
Tatu City has announced the appointment of former Athena Properties Managing Director Mr Chris Ochieng in the capacity of a Senior Development Manager. Mr Ochieng has been working for Centum Investments and was [...]Kenya to construct first nuclear power plant at a cost of Sh500 billion
Kenya plans to begin constructing its first nuclear power plant at a cost of Sh500 billion by 2021 as the country seeks to bring down the cost of electricity. An [...]Kenya Inflation rate hits Nine Month High
Kenya's inflation shot up to a nine month high of 6.68% in November from 6.47% posted in October, the Kenya Bureau of Statistics (KNBS) has announced. The increase was largely as a [...]Nairobi Securities Exchange to start offering ETFs before end year
Kenya's Nairobi Securities Exchange expects its first exchange traded fund (ETF) to be approved by the regulator this year and trading to start soon after. The exchange's chief executive Geoffrey [...]Central Bank Kenya maintains benchmark rate at 10%
Kenya's central bank on Monday left its benchmark interest rate at 10 percent, as expected, and confirmed that it will continue to closely monitor the market in light of inflation, the global economy, the [...]National Bank Kenya Q3 Net Profit Falls Four Fold To Sh 521M
National bank of Kenya has reported a more than four fold decrease in third Quarter 2016 net profit to Sh 521 Million compared to Sh 2.25Billion reported in the third [...]Mbuvi Ngunze To Step Down as Kenya Airways CEO by Q1 2017
Mbuvi Ngunze has announced that he will be leaving Kenya Airways by quarter of 2017 having worked for the carrier for over 5 years and as the Group Managing Director and CEO for 2 years. [...]
