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Latest sales data to determine fuel allocations – ERC
ERC Director General Joe Nganga says this will cushion firms that have increased sales volume to have enough fuel for their customers/FILENAIROBI, Kenya, May 14 – The Energy Regulatory Commission (ERC)...
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Davis &Shirtliff to sell Kohler engines
The Kohler diesel engines were recently introduced in Nairobi. They are known for their reliability and fuel efficiency/FILENAIROBI, Kenya, May 14 – US giant Kohler has appointed Davis & Shirtliff...
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Collymore’s term at UNGC Board extended for 3yrs
Collymore’s term has been extended for another three years in recognition of his remarkable contribution to championing the work of the Global Compact across Africa/FILENAIROBI, Kenya, May 18 – The...
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Westgate shopping mall to reopen in July
During the prayer service, Christ is the Answer Ministries Presiding Bishop Dr David Oginde delivered a sermon/CFM BUSINESSNAIROBI, Kenya, May 19 – The Westgate shopping mall is set to reopen its doors...
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Surge in medical claims over Non-Communicable Diseases
Munene says insurance companies paid a total of Sh20 billion to settle medical claims in 2014 with AAR paying over Sh2 billion in such outpatient claims last year/FILENAIROBI, Kenya May 19 – Rising...
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Consortium for Mui Basin Block A & B concession picked
The consortium will now be invited for negotiations with the ministry as per the tender requirement on the basis of their responsiveness in the technical and financial proposals they...
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Bancassurance ‘running insurance agents out of town’
AKI Chief Executive Officer Tom Gichuhi. Photo/ FILE NAIROBI, Kenya, May 25 – The rise of bancassurance in Kenya has led to a stagnant growth of insurance agents raising fears that the latter may...
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All set for December WTO conference – Amina
Mohamed said all logistics have been completed and there are ongoing meetings to see the event become a success/FILENAIROBI, Kenya, May 26 – Foreign Affairs Cabinet Secretary Amina Mohamed says all is...
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Mobile money agents ‘making it big’ in rural areas
The research indicates that non-Nairobi urban areas, profitability has increased by 26 percent while in rural areas profits for the agents have gone up by 45 percent/FILENAIROBI, Kenya, May 27 –...
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Meru mulling mini hydro power plants
Meru Governor Peter Munya says the county has 25 permanent rivers which it plans to exploit to generate electricity/FILENAIROBI, Kenya May 27 – The Meru County Government is exploring mini-hydro power...
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Top performing stocks for the last five months
Kakuzi Limited, Crown Paints and Jubilee Holdings are the top three gainers at the Nairobi Securities Exchange (NSE) from January to May 27, 2015. NAIROBI, Kenya, May 28 – Kakuzi Limited, Crown Paints...
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Treasury urged to salvage falling shilling
The shilling continued to weaken in Thursday’s trading session to trade between 98.75 and 98.95 levels. Photo/ FILE NAIROBI, Kenya, May 28 – The National Treasury has been urged to take necessary...
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Farmers to access inputs vouchers via Safaricom platform
NAIROBI, Kenya, May 29 – Safaricom and the Ministry of Agriculture, Livestock and Fisheries have embarked on the pilot of a joint initiative that aims at giving farmers access to a technology-based...
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KCB scoops top African bank award
NAIROBI, Kenya, May 29 – The Kenya Commercial Bank Group has been voted the best commercial bank in Africa by the Banker Africa Magazine in the 2015 East African Awards. The bank also scooped the award...
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Uhuru nominates Patrick Njoroge new CBK Governor
If his nomination is approved, Njoroge will replace Njuguna Ndung’u at the helm of the CBK/FILENAIROBI, Kenya, Jun 3 – President Uhuru Kenyatta has nominated Patrick Ngugi Njoroge as the next Central...
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Ecobank Kenya enters bancassurance sector
EcoInsurance Agency Limited will work in partnership with renowned insurers namely Old Mutual, Saham Insurance and UAP Insurance/CFMNAIROBI, Kenya, Jun 3 – Ecobank Kenya Limited has entered into the...
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WB approves additional funds for L.Victoria basin management
Kenya and Tanzania each will receive Sh967million in International Development Association (IDA) credits for project activities/fileNAIROBI, Kenya, Jun 3 – The World Bank has approved additional...
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Kenya among top African nations developing hotels
A poolside view at the Voyager Beach Resort, Mombasa. Photo/ COURTESY MOHAMMED HERSI NAIROBI, Kenya, Jun 4 – Kenya has been ranked 9th in Africa in top 10 African countries with the largest number of...
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Shilling welcomes nominee CBK boss
NAIROBI, Kenya, Jun 4 – The money market appeared to express confidence in the nominated Central Bank of Kenya (CBK) Governor Patrick Njoroge, as it appeared to steady from the recent decline. In an...
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KenGen strikes 33MW from new geothermal wells in Olkaria
Three wells located within one pad with a total capacity of 33 megawatts, form one of Africa’s biggest well-pad which is located in the geothermal-rich Olkaria area/fileNairobi, Kenya, Jun 5 – The...
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