Madaraka

SGR begins second trip

Kenya Railways Corporation will begin a second train service on the Standard Gauge Railway between Nairobi and Mombasa beginning Wednesday. The express train service will depart both Nairobi and Mombasa Termini at 3.30PM. The corporation currently...

Kenya Power to spend Ksh 40B in network expansion

Kenya Power plans to spend Ksh 40 billion in network expansion over the next one year for the utility firm to add more customers. Kenya Power that is targeting to increase its customers to 7.5...

Country’s wealth projection to reduce, CS Rotich says

The National Treasury has lowered Kenya’s economic growth for the second time this year on account of drought and a lengthy political period. Treasury Cabinet Secretary Henry Rotich says Kenya’s wealth will expand by 5.1 percent...

Stima Sacco appoints Chris Useki as the new CEO

The Stima Sacco Board of Directors has announced the appointment of Mr Chris Ngeta Useki as the Chief Executive Officer of the Society with effect from 18th August, 2017. Mr. Useki has been Acting CEO...

Safaricom Spark Fund invests in agri-tech startup iProcure

Investment supports iProcure’s mission to bridge farmer access to quality, affordable inputs. The$1 million Safaricom Spark Venture Fund has announced its sixth and final investment in agri-tech startup iProcure. iProcure is the largest agricultural inputs supply...
Tuskys

Tuskys corporate transformation receives global commendation

Tusker Mattresses Limited (TML) ongoing corporate transformation efforts have received global commendation at the prestigious 4th World Branding Awards held at the Kensington Palace in London Wednesday evening. In a rare commendation for a local...

19 countries sign tripartite free trade agreement

The signing of the tripartite free trade area agreement by South Africa in Kampala has injected fresh momentum into the tripartite negotiations to create a free trade area covering half of Africa.  This brings the...

CBK accepts bid by Mauritius bank to acquire Chase Bank

SBM Holdings has been given the green light to acquire Chase Bank after the Central Bank of Kenya accepted a binding offer from the Mauritius based lender. The offer which still needs to be executed...

CA: Boycott a blow to telecommunication sector

The Communications Authority (CA) is warning that calls for boycott of Safaricom services and products could jeopardize gains made in the telecommunication sector. CA Director General Francis Wangusi says consumers are at liberty to...

Egg scandal affecting over 15 countries

Fifteen EU countries as well as Hong Kong and Switzerland have received eggs contaminated with the insecticide fipronil, the European Commission says. The commission will hold a meeting with ministers and regulators on 26 September. Its...
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