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Kirubi to join investors at AGOA Addis summit
The forum is expected to bring together United States and African private sectors to address gaps that might limit trade and investmentNAIROBI, Kenya, Jul 3 – Businessman Chris Kirubi is among...
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Governors explain county plans at KAM forum
Kidero revealed that Nairobi County Government is set to move Wakulima Market from its current location/FILENAIROBI, Kenya, Jul 3 – A public and private dialogue workshop organised by the Kenya...
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CMA approves AccessKenya 100pc takeover
CMA has also granted approval to AccessKenya Group Limited to issue to its shareholders a shareholders’ circular and independent financial advisers’ circular relating to the proposed...
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CBK urges banks to adopt innovative technology
CBK Governor Prof Njuguna Ndung’u. Photo/ FILE NAIROBI, Kenya, Jul 4 – The Central Bank of Kenya (CBK) is urging all financial institutions to embrace innovative automation to boost formal financial...
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Alexander Forbes forays into real estate
The deal will also be available for non contributors as well/FILENAIROBI, Kenya, Jul 5 – Alexander Forbes Retirement Fund has set aside Sh10 billion in what Chief Executive Officer James Olubayi says...
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KCB champions volunteerism in Kitui
The upgrade is aimed at supporting the many unemployed youth in the area with basic skills in agricultural development as a way of creating self-sufficiency/FILENAIROBI, Kenya, Jul 5 – The Kenya...
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AccessKenya Board recommends buyout
AccessKenya Board recommends buyout/FILENAIROBI, Kenya, Jul 8 – The AccessKenya Group Board of Directors has recommended that its shareholders accept the Sh3 billion Dimension Data bid to take over 100...
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AMREF to acquire more wings
The initiative was launched at the beginning of the year to address the need for airlifting of patients from far flung areas to access better medical attention/fileNAIROBI, Kenya, Jul 8 – The African...
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Forget tax incentives, ActionAid tells govt
ActionAid International Head of Policy and Programs in Kenya Makena Mwobobia says that the country loses about Sh100 billion a year on these tax incentives/FILENAIROBI, Kenya, Jul 8 – ActionAid...
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CBA in a Sh1.5b deal with Shelter Afrique
Shelter Afrique is set to raise Sh8 billion over the next two years for funding projects/FILENAIROBI, Kenya, Jul 8 – The Commercial Bank of Africa has signed a Sh1.5 billion deal with Shelter Afrique...
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CBK retains lending rate at 8pc
The MPC says inflation remained within the medium target set by the government while the exchange rate was stable/FILENAIROBI, Kenya, Jul 10 – The Central Bank of Kenya’s Monetary Policy Committee...
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Japan funds Sh2bn water projects in Kenya
National Treasury Cabinet Secretary Henry Rotich says that the projects will benefit about 60,000 people in Narok and another 80,000 in Baringo County/FILENAIROBI, Kenya, Jul 10 – The government has...
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KQ tops Heathrow’s punctuality rankings
The airline had the most punctual flights that flew into and out of London Heathrow International Airport in the United Kingdom during the month of June 2013/FILENAIROBI, Kenya, Jul 11 – National...
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Fina Bank signs Sh400mn grant with IFC
The partnership will see the bank grow its business in the region and improve the array of services it offers its customers/COURTESYNAIROBI, Kenya, Jul 11 – Fina Bank has signed a Sh400 million grant...
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Businesses urged to embrace use of social media
Social media expert encourages businesses to embrace use of the new media in engaging their target market. AFP.NAIROBI, Kenya Jul 12 – With millions of Kenyans on social media, the challenge for most...
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Visa, EATP pact to promote card spend
Visa Head of Cross-Border Marketing for Sub-Saharan Africa Jodie Schorn says this collaboration will streamline revenue collection and encourage more tourists spend in the region/FILENAIROBI, Kenya,...
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Cortec gets NEMA approval to mine in Kwale
The approval makes way for mining of one of the largest such deposits in the world , which is expected to generate taxes and royalties for the country of more than Sh26 billion over the mines’ 21 year...
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National Oil, UoN pact to boost studies
Athmani said the agreement is part of a wider strategy by National Oil to develop adequate technical and human capacity as Kenya prepares for success in the upstream sector/FILENAIROBI, Kenya Jul 15 –...
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Egypt crisis affects Kenya’s tea exports
In a report sent to Capital FM Business, the Tea Board of Kenya says the market has somewhat slowed down/FILENAIROBI, Kenya, Jul 15 – Tea exporters are now seeking other markets in bid to save the loss...
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Nairobi Bottlers unveils Sh1.2bn preform plant
The new state of the art facility will enable the company to produce preforms used in the manufacture of plastic bottles for packaging of Coca-Cola range of soft drinks and Dasani water/FILENAIROBI,...
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