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KQ signs deal for productivity based allowances
The agreement for the period July 1, 2014 to June 30, 2016 will only give increments on various productivity based allowances/FILENAIROBI, Kenya Jan 19 – Kenya Airways has signed a Collective...
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GOtv in court threat against 3 media firms over content
The company states that the three media companies have been running an infomercial on their platforms advising consumers against purchasing GOtv set top boxes for carrying their content without...
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CBA lists Sh7bn note on the bourse
The bank had planned to raise Sh8 billion over a two year period beginning with Sh5 billion as the first tranche with a green shoe option of Sh2 billion/FILENAIROBI, Kenya , Jan 20 – The Commercial...
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Internet users continue to rise in Kenya
Mobile data/internet subscriptions rose by a similar margin of 5.9 percent to 14.7 million up from 13.9 million recorded the previous quarter/FILENAIROBI, Kenya Jan 19 – The number of internet users...
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Court mutes ‘defamatory’ adverts against GOtv
The High Court says the injunction serves until February 2 when the issue will be heard/FILENAIROBI, Kenya, Jan 20 – The High Court has ordered Nation Media Group, Royal Media Services and Standard...
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AAR names Caroline Munene as new MD
Prior to her appointment Munene was the General Manager AAR Insurance Kenya/CFMNAIROBI, Kenya Jan 22 – The AAR Insurance has appointed Caroline Munene as the Managing Director effective January 1,...
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Mwalimu sacco acquires majority stake in Equatorial Bank
Mwalimu Sacco CEO Robert Shibutse said the acquisition, will enhance the society’s asset portfolio and benefit the Sacco members’ wealth/FILENAIROBI, Kenya, Jan 23 – Mwalimu Savings and Credit...
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Kenya among key emerging markets investment stops
Commenting on the standing, the Cabinet Secretary for Industrialisation and Enterprise Development Adan Mohamed said there is growing confidence by global investors in the country/FILENAIROBI, Kenya...
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Kiambu trains farmers on greenhouse use
According to the County Agriculture Minister Monica Waiganjo, farming contributes 17.4 percent of the county’s population income and there is an urgent need to address the problem by training farmers...
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Multi-sectoral committee to boost Kenya’s border control
Kenya Revenue Authority (KRA) Commissioner General John Njiraini says the committee will fill gaps that may provide opportunities that get exploited by terrorists and smugglers/FILENAIROBI, Kenya, Jan...
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Mwalimu Sacco acquisition of ECB under probe
Mwalimu Sacco announced on Friday that it has acquired a 51 percent stake at Equatorial Commercial Bank/FILENAIROBI Kenya Jan 27 – The government has halted Mwalimu Savings and Credit Cooperative...
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KoTDA chief executive exits end of January
Catherine Adeya-Weya has been at the helm of KoTDA since 2013. Photo/ FILE NAIROBI, Kenya, Jan 27 – Konza Technopolis Development Authority (KoTDA) Chief Executive Officer Catherine Adeya-Weya is set...
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New NHIF rates to be gazetted next week
Deputy President Ruto with Federation of Kenya Employers Chairman Linus Gitahi. NAIROBI, Kenya, Jan 29 – Workers will soon begin paying the new National Hospital Insurance Fund monthly contributions as...
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5 ways to keep your employees loyal – Devki Group CEO
Devki Group Founder and Chief Executive Officer (CEO) Narenda Raval Devki Group Founder and Chief Executive Officer (CEO) Narenda Raval has about 4,000 employees, some of whom he says have been in...
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Banker sees further drop in interest rates
An aerial view of Nairobi’s central business district. Photo/ FILE NAIROBI, Kenya, Feb 2 – A banker is foreseeing a continuous reduction in Interest rates in the next 12 months after the Central Bank...
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M-PESA voted Kenya’s top brand
M-PESA brand moved five places from the last survey done in 2012. Photo/ FILE NAIROBI, Kenya, Feb 3 – Mobile money payment service M-PESA has been voted as Kenya’s leading brand in the Top 20 super...
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CBK licenses Daraja Microfinance Bank
Daraja MFB is a Kenyan owned company limited by shares and intends to operate within Dagoretti Division, Nairobi County/FILENAIROBI, Kenya Feb 4 – The Central Bank of Kenya (CBK) has granted a license...
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Diaspora remittances rose 11pc in 2014
According to statistics from the Central Bank of Kenya (CBK) Inflows from North America accounted for 47.4 percent of total inflows and increased by 8.5 percent to Sh61.9 billion ($677.6 million) in...
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Why I sold my stake in UAP Holdings – Dr Kirubi
Kirubi and Centum Investments sold 9.58 and 13.78 percent respectively in UAP to Old Mutual Group. Photo/ CAPITAL FM NAIROBI, Kenya, Feb 5 – The vibrant performance of the Nairobi Securities Exchange...
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8 Kenyans named in Forbes Africa most promising entrepreneurs
Eric Kinoti is the proprietor of Shades System East Africa – a company that manufactures and supplies tents, as well as Safi Sana home Cleaning Services/CFM NAIROBI, Kenya Feb 6 – Eight young Kenyans...
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