Cost of electricity goes up

By Ronald Owili The cost of electricity has increased after power generators switched on more thermal plants to cover reduced generation from hydropower stations. Energy...

Daily Mail owner considering Yahoo bid

By BBC The owner of the Daily Mail newspaper is in talks with other parties about a bid for the struggling US internet company Yahoo. A...

Opec fails to cap oil output at meeting

By BBC The price of oil rose slightly despite a meeting of the Opec oil producers' group failing to set a cap on the amount...

Kenya insurance industry to record fastest growth

By O'brien Kimani Kenya’s insurance industry is projected to grow the fastest in Sub Saharan Africa according to a report by financial services firm Ernst...

Mozambique, UK firm sign power generation pact

The Government of Mozambique has signed a Memorandum of Understanding (MoU) with Great Lakes Africa Energy (GLAE) to generate electric power using natural gas...

KTB showcasing destination Kenya at World Travel Market

By Beth Nyaga Kenya is represented at this years’s World Travel Market event in London. The Kenya Tourism Board led by Cabinet Secretary, East African Affairs, Commerce...

Moody’s plans to downgrade three Kenyan banks

Commercial banks’ appetite for government debt papers is coming to haunt them with rating agency Moody’s planning to downgrade three Kenyan banks. The agency says...
konza

Konza City now powered and ready for investors

By Margaret Kalekye/Release Power has been connected to Konza Techno City paving the way for businesses to start investing in the mega project. This follows...

Uber used secret tool to evade authorities

By Reuters Ride services company Uber Technologies Inc for years has used a secret tool to avoid authorities in markets where its service faced...
konza

State invites firms to construct at Konza mega center

Vision 2030 Director General Julius Muia says the government has invited firms to construct a mega outsourcing center at the Konza City with a...
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