Kenya’s biggest electricity generator, KenGen, #ticker:KEGN has bagged a Sh7.6 billion contract to drill geothermal wells in Ethiopia in a joint bid with Chinese company Shandong Kerui Group. The deal with Ethiopian Electric Power (EEP) ….
South Africa agency Global Credit Ratings (GCR) expects the proposed merger between Kenyatta family-linked Commercial Bank of Africa (CBA) and NIC Bank to drag earnings for up to three years. The agency says despite long-term ….
A silky-smooth tongue, a clever scheme and the Bible. These are the ingredients televangelist David Kariuki Ngare, alias Gakuyo, used to cook up the stories he fed thousands of his followers to make them pump ….
How Optiven is able to cope with Impediments caused by government and other institutions while processing title deeds Optiven has been pursuing a vision of economically and socially empowering and transforming the Society. This has ….
Members of Parliament have suspended a proposed merger between Kenya Airways (KQ) and the Kenya Airports Authority (KAA), leaving the cash-strapped national carrier facing a bleak future based on its weak financial standing. The Public ….
Millionaire British printing firm owner Nicholas Smith, found guilty in 2015 of bribing Kenyan bureaucrats and tenderpreneurs to win multimillion-shilling contracts, has finally walked out of prison after completing a three-year sentence, but his accomplices ….
Authorities Thursday ordered Kiambu politician and county official David Kariuki Ngare’s assets seized to recover Sh1 billion he allegedly illegally withdrew from Ekeza Sacco to fund his lifestyle. An official inquiry report by Co-operatives ministry ….
By JAMES KARIUKI South Korea will spend Sh10 billion to set up Kenya’s first graduates-only information technology university on a 22-acre plot at Konza Technopolis, Machakos. The institute, Kenya Advanced Institute of Science and Technology ….
Britam Tower has clinched the Emporis Skyscraper Award, making it the only building in Africa to feature among top 10 buildings in the world in the award’s nine-year history. Emporis Skyscraper Award is the world’s ….
Banking counters at the Nairobi Securities Exchange offer the most attractive buys this year, according to analysts at Genghis Capital. In a report dubbed Playbook 2019, analysts found that an investor looking to generate income ….
Kenya has been ranked the third most attractive African market for private equity (PE) funding, indicating the huge promise in East Africa’s largest economy despite multiple challenges arising from a recent pile-up of public debt. ….
History was made on Sunday night in Kenya (at 4:29 pm Eastern Time) when KQ’s Boeing 787 Dreamliner left the Jomo Kenyatta International runway heading to New York. The jet was flagged off by President ….