Shilling steady on weak dollar demand

The Kenyan shilling was little changed on Monday, with weak dollar demand supporting the local currency. At 0701 GMT, commercial banks posted the shilling at 102.05/15, barely changed from Friday closing rate of 102.10/20. "Dollar demand...

County Executive Committee endorse plan to demand salary increment

By Emily Kenik Over 250 County Executive Committee members have endorsed a plan to move to court to demand a salary increment. Committee chair Anthony Njaramba says County Executive Committee members pay is not commensurate with...

Kenya power reaffirms new connections

By Franco Kundu  Kenya Power managing Director Dr. Ben Chum has reaffirmed that the company is committed to connecting more people to the national grid. He said by the end of 2017 about 70% of the...

Children’s toy maker Vtech hacked

By BBC Vtech, a company which specialises in electronic toys and educational material for children, has had its app store database, Learning Lodge, hacked. The firm said that there was "unauthorised access" to the database on...

South African Court lifts ban on Rhino horn trade

  By Victor Muyakane/Agencies   A South African court has lifted a domestic ban on trade in rhino horns. The move is a direct challenge to government policy, and comes ahead of a meeting that could see...

KTB launched a TV series to boost destination in West Africa

By Claire Wanja/Statement Kenya Tourism Board has partnered with Nigeria based Wakanow to launch a programme featuring the country in a bid to create awareness in the region. The programme dubbed The Destination Africa Series,...

Shareholders, CBK in loggerheads over reopening of Imperial Bank

By O'Brien Kimani Seven shareholders of Imperial bank currently under receivership have accused the Central Bank of derailing the re-opening of the troubled bank. The seven companies that include Thika based bread-maker Kenblest limited and road...

KRA to cooperate more with counties in revenue collection

By Nicholas Nduati The move by the Kenya Revenue Authority to collect revenue on behalf of counties is already bearing fruits with monthly collections from the devolved units now averaging Kshs 1.6 billion per month...

Kenya to leverage on the WTO ministerial conference for investments

By Obrien Kimani The world’s attention is now shifting to Kenya as the country prepares to host top global trade chiefs and top government bureaucrats from around the world for the 1Oth World Trade Organization...

Outgoing CS for Tourism Kandie hands over to Balala

By Beth Nyaga Foreign direct investment has doubled to 2 billion shilling this year. Outgoing Cabinet Secretary for Tourism Phylis Kandie says this is as a result of restored business confidence which is attracting huge investments. She...
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