Nakumatt welcomes orders to complement ongoing recovery efforts

Retailer Nakumatt Holdings has welcomed a High Court ruling, granting administration orders in respect to the firm and issued earlier on Monday.  The order granted by High Court Judge Fredrick Ochieng follows a petition by...

MPC retains key lending rate at 10pc

Central Bank’s Monetary Policy Committee has retained the key lending rate at 10 percent on account of increased optimism for growth prospects in the economy as well as on the basis that inflation expectations...
Kenya to engage UK in key trade and services deals

Kenya to engage UK in key trade and services deals

Kenya will engage the United Kingdom in key trade and services deals as the European country seals transitional deals post-BREXIT in March of next year. Trade Principal Secretary Dr. Chris Kiptoo told the British Chamber...

Solar grid-tied system to save Kenyans on high power bills

Kenyans now have a chance to take control of their power bills by adopting a solar grid-tied electrical system and harnessing the power of the sun. The innovation by water and energy solutions company Davis...
Jambojet expands in the region to Uganda

Jambojet expands in the region to Uganda

Jambojet is set to expand its wings in East Africa with the launch of a double daily flight between Nairobi and Entebbe, Uganda on 15th February, 2018. This will see the Nairobi based budget airline become...
National Bank of Kenya (NBK)

NBK confirms theft of Kshs 29 million by fraudsters

The National Bank of Kenya (NBK) has confirmed that it could have lost millions of shillings to fraudsters on Wednesday this week. The bank says the fraudsters targeted about 29 million shillings which the lender...

Safaricom and Airtel Kenya pilot cross-network service

Safaricom and Airtel Kenya will from Monday next week roll out a two-month pilot of direct money transfer service into rival subscribers’ mobile wallets in efforts to address underlying technical and security capacities before...

Trade Remedies Act  to help Kenya cut unfair competition

The Trade Remedies Act 2017 is poised to contribute to Kenya’s industrialization agenda by among others saving local industries from collapse as a result of unfair competition from imports. According to Trade Principal Secretary...

NGO introduces bee keeping in Narok County schools

A Non-Governmental Organization, Friends of Conservation have rolled out a bee keeping program in Narok County in efforts to spur diversification among the predominantly pastoral community. The NGO is introducing bee keeping in schools for...
CMA CEO Paul Muthaura

CMA: All players to be certified after passing mandatory exam

All players in the capital markets will be certified after passing a mandatory exam in efforts to professionalize the industry. Capital Markets Authority (CMA) CEO Paul Muthaura says the certification program will help Kenya...

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