The shilling gained further ground on the dollar on Thursday to hit a three-and-a-half year high, setting the stage for cheaper imports of goods like cars, clothes, petrol and machinery. The shilling traded at an ….
A court has summoned Kenya Bureau of Standards (Kebs) acting Managing Director Bernard Nguyo to explain why he has defied a directive on testing fertiliser alleged to contained mercury. Mr Ongwae and other government officials ….
Let’s Go Green as We Say No to Global Warming Congratulations for investing with Optiven Group. Together, we are committed to develop green communities. This is in line with our policy on environmental protection. As ….
Central Bank of Kenya (CBK) has opened sale of a 25-year amortised bond to raise up to Sh50 billion with proceeds expected to fund infrastructure projects. The tax-free bond, with a coupon of 12.2 per ….
Safaricom has unveiled its partnership with Chinese technology giant Huawei which will provide it with the world’s first end-to-end 400G backbone network. Making the announcement at the World Mobile Congress in Barcelona, Spain, on Wednesday, ….
The National Hospital Insurance Fund payouts for Caesarean section operations have crossed the Sh1 billion mark in a year, highlighting the cost burden of the procedure to insurers. Official records show 65,278 mothers covered by ….
Centum Investments Thursday launched Kenya’s largest observation wheel at Two Rivers Mall, the latest addition to the facility that features various amenities including theme parks. The 60-metre-high wheel, dubbed Eye of Kenya, has 40 capsules ….
Seven suspects accused of impersonating President Uhuru Kenyatta have challenged the prosecution to produce him in court as a witness. The seven – Joseph Waswa, Duncan Muchai, Isaac Wajekeche, William Simiyu, David Luganya, Gilbert Kirunja ….
Fast Company, a top American magazine, has revealed the most innovative African companies for 2019. The winners were selected based on those “making the most profound impact on both industry and culture,” the magazine said. Some ….
A High Court judge has quashed a two-year jail sentence slapped on former nominated Jubilee Senator Joy Gwendo. Ms Gwendo had been sentenced to two years in jailby Chief Magistrate Douglas Ogoti on December 7, 2018 for ….
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) ….