Foreign companies cautioned against importing construction materials

Foreign companies have been cautioned against importing construction materials once they land lucrative Government contracts. Majority Leader in the National Assembly Aden Duale has said the country cannot realize and sustain development when local...

Kenya to scrap current feed-in-tariff system

Kenya plans to scrap the current feed-in-tariff system and replace it with an energy auction tariff that will see the government award energy contracts to companies’ offering the lowest electricity tariffs. Director of Renewable...

President Kenyatta meets ACP-EU legislators

President Uhuru Kenyatta has emphasized the need for the African, Caribbean and Pacific (ACP) group of countries to be accorded increased access to the European Union (EU) market. The President said such arrangements like the...
Court permits KCB to pay annual management bonuses

Court permits KCB to pay annual management bonuses

The Employment and Labour Relations Court of Kenya on Thursday permitted the KCB to pay out bonuses to its managerial staff in Kenya. The Court also varied its previous orders to permit the payment...

Kenya Power, KAM partner to lower manufacturers’ energy costs

Kenya Power has renewed its commitment to partner with the Kenya Association of Manufacturers (KAM) to carry out regular energy audits among manufacturers to maximise production efficiency. The move is meant to encourage growth of...

Organizations encouraged to be diligent

Public and private organizations in the country are being encouraged to adhere to good corporate governance to promote efficient use and management of resources. The Institute of Certified Public Secretaries says many organizations are...

Bank launches tender hub for budding entrepreneurs

Jamii Bora Bank has launched a tender hub in a bid to help startups and budding entrepreneurs access both government tenders as well as those offered by private institutions. The hub will give real-time updates...

Kenya’s economy to grow by 5.5pc says World Bank

The World Bank expects Kenya’s economy to expand by 5.5 percent this year on account of favorable weather and increased investment due to low political risk. The Bank says the projection is also hinged on...

Kenya presents bid to host World Chamber Congress

Kenya has presented her bid to host the 12th World Chamber Congress in the year 2021 before the International Chamber of Commerce jury at the World Chambers Federation meeting in Beijing, China. Kenya National...

Kenya-Sudan to enhance trade ties

Deputy President William Ruto held talks with Sudan President Omar al-Bashir in Khartoum, with focus to strengthen trade and investments between the two nations. The leaders particularly stressed the need for the enhancement of cooperation...
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