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GES propels Kenya as Africa’s entrepreneurship hub
Cytonn Investment Chief Executive Edwin Dande says with the right governance, Kenya is poised to be Africa’s entrepreneurship hub/FILENAIROBI, Kenya, Jul 27 – The sixth Annual Global Entrepreneurship...
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Amina urges trade liberalisation plan ahead of WTO meet
expressed concern that limited progress has been made in the preparation of a detailed work programme on freeing up trade, also dubbed as the Post-Bali Work Programme/FILENAIROBI, Kenya, Jul 27 –...
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New World Bank procurement framework approved
The new framework will allow the World Bank to better respond to the needs of client countries, while preserving robust procurement standards throughout bank-supported projects/FILENAIROBI, Kenya, Jul...
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EABL posts 40pc rise in net profit to Sh9.57bn in 2015
Export market net sales grew by 48 percent despite currency challenges that saw the firm suffer Sh900million in currency exchange losses as East Africa currencies weakened against the...
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Kenyans furious over staggering KQ loss
NAIROBI, Kenya, Aug 1 – Kenyans took to social media to rant about the Sh25.7 billion loss made by national carrier Kenya Airways in its 2015 full year report. With the hashtag #KQRebounds, Kenyans...
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Importers given a month to adopt new KEBS mark
NAIROBI, Kenya, Aug 1 – Following requests from importers, the Kenya Bureau of Standards (KEBS) has given importers a one-month transition period to ensure smooth adoption of the new standardisation...
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Civil society opposes further KQ bailout until probe done
The national carrier posted net loss of Sh25.7billion in its 2015 full year results from a net loss of Sh3.3billion in 2014, representing a 661 percent drop/FILENAIROBI, Kenya, Aug 2 – The National...
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Kenya to leverage on China Southern Airline flights
China Southern Airlines made its maiden flight from Guangzhou to Nairobi on Wednesday with the new service having a frequency of three flights a week under the airline’s own code/CFMNAIROBI, Kenya Aug...
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Kenya’s insurance penetration drops to 2.93pc
The report attributes the drop to the rebasing of Kenya’s Gross Domestic Product (GDP) in the period under review/CFMNAIROBI, Kenya, Aug 6 – Insurance penetration in the country dropped to 2.93 percent...
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EAC to have regional bond for goods in transit
Kenya Revenue Authority (KRA) Commissioner General John Njiraini says the bonds scheme is designed to fast-track movement of goods under customs seals in the East Africa region/FILENAIROBI, Kenya, Aug...
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Kenya seeks options after CNN adverts deal suspended
The country had signed a Sh110 million deal that would see CNN market Kenya/FILENAIROBI, Kenya Aug 11 – Kenya is looking for alternatives in marketing the country to its key source markets following...
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Kenya to have National Investment Policy by 2016
KenInvest Managing Director Moses Ikiara says the new policy whose draft will be out by December, will streamline investments in the country as well as create a seamless coordination between the...
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Kenya to hold investment forum in Australia
The forum will also showcase emerging opportunities for investments in Kenya especially in the natural resources sector and offer a networking opportunity for the Kenyan Diaspora/FILENAIROBI, Kenya,...
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Tourists swarm Samburu for 26th edition of Camel Derby
The Derby which is one of the most unique tourist attractions in the country has attracted over 10 countries with over 100 entries from both local and the international community/KENNEDY...
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No advert deal yet for CNN despite apology
Speaking to journalists during the 26th edition of the Maralal Camel Derby, Ndegwa says they are still in consultations with the Tourism Ministry and other stakeholders for further action on the...
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Alcohol manufacturers welcome rules on ethanol trading
KRA is set to enforce the new procedures governing access to ethanol from early next month to prevent abuse of the potable alcohol product/FILENAIROBI, Kenya, Aug 19 – Alcohol manufacturers have...
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Maralal Camel Derby perks up Samburu County
Hotels in Samburu County were in full capacity as both locals and international tourists swarmed to the location to witness the races/CFMNAIROBI, Kenya Aug 20 – Tourism was on a new high last weekend...
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Uchumi poaches King’ara from Naivas to be COO
Uchumi Supermarkets Board Chairperson Khadija Mire said the appointment of King’ara is part of the company’s effort to fast-track its turnaround process by improving governance and operational...
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Lack of airborne mine survey hurting sector
NAIROBI, Kenya, Aug 21 – The Kenya Chamber of Mines now says the delay in carrying out an airborne survey to map up out the potential for minerals in the country is inhibiting the growth of the...
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Kenya, Japan eyeing deeper cooperation
During the forum Kenya urged Japan to make more investments in the country in sectors such as construction, energy, manufacturing, infrastructure and tourism; and more importantly, the development of...
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