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Geoffrey Kung’u wins Sh100mn in LOTTO New Year Super Jackpot
With the 100 Million now pocketed by Peter, Lotto has completed a payout of Sh125 Million to its players in the last 60 days/FILE NAIROBI, Kenya, Jan 1 – Geoffrey Kung’u from Nyandarua County has won...
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Pambazuka makes 10 Kenyans millionaires in New Year promotion
Pambazuka National Lottery Chief Executive Officer Paul Kinuthia says the firm will take the winners through entrepreneurship skills and we know this will enable the winners use their wins to...
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Kenya Ports Authority warns on social media job scam
KPA says any vacancies that may arise shall be advertised in the local dailies and the Authority’s official website /FILE NAIROBI, Kenya, Jan 4 – The Kenya Ports Authority has warned members of the...
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Dollar demand pushes Shilling to the 103 mark
This shilling is currently trading at Sh103.25, the highest it has traded since the August 2015. FILE NAIROBI, Kenya, Jan 4 – The Kenya Shilling got off to a rocky start on the second day of trading in...
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Kenya Power names Finance GM as acting CEO replacing Chumo
Tarus has served as Kenya Power’s General Manager, Finance for two years. He had previously served as the Chief Finance Manager at the Rural Electrification Authority. NAIROBI, Kenya, Jan 4 – Kenya...
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KQ lays off 38 employees in phase two of turnaround plan
The company CEO Mbuvi Ngunze said that the retrenchment is in line with the “Operation Pride” to improve profitability and revisit the operating model and network/MOSES MUOKI NAIROBI, Kenya, Jan 10 –...
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Rockefeller Foundation appoints first Indian-American as President
Rajiv Shah brings over twenty years of experience in business, government, and philanthropy to his new role at The Rockefeller Foundation. NAIROBI, Kenya, Jan 10 – The Rockefeller Foundation has...
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Importers pile pressure on the Shilling, wiping out minor gains
NAIROBI, Kenya, Jan 11 – The Kenya shilling has continued to weaken amid dollar strength hitting the 104 mark. The home unit on Wednesday traded at Sh103.80 against Sh104.00 shillings to the dollar....
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Nairobi to host Africa Tech summit for innovators
Microsoft Regional Chief Executive Kunle Awosika says the NextGen Africa 2017 theme is Building for Africa as African entrepreneurs seek to solve business and market-related challenges. NAIROBI, Kenya,...
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Ex Tourism Board boss Ndegwa joins KIM as CEO
Former KTB Managing Director Muriithi Ndegwa has been the Managing Director at KTB for over six years and East African Cables Limited for over three years/File NAIROBI, Kenya, Jan 12 – Former Kenya...
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Shilling holds steady on low trading activity
NAIROBI, Kenya, Jan 12 – The shilling Thursday is trading at Sh103.30 buying against Sh104.10 selling to the dollar. Commercial Bank of Africa Treasury Department says the shilling continues to trade...
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Kenya’s banking acquisition deals hit Sh23Bn in three years
CBK Governor has justified increasing core capital for banks saying this would strengthen the banking institutions as well as minimise risk/FILE NAIROBI, Kenya, Jan 12 – Kenya’s banking sector has had...
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Dangote tops Africa’s rich list as tough economy sees 7 Africans exit group
Dangote is joined by two other Nigerian billionaires on this year’s list – telecom tycoon Mike Adenuga and oil billionaire Folorunsho Alakija. NAIROBI, Kenya, Jan 13 – Nigerian billionaire Aliko...
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Airtel undertakes organisational restructuring
NAIROBI, Kenya, Jan 13 – Airtel Kenya is undertaking strategic organisational restructuring to improve efficiencies across functions with an aim to enhance customer experience. This initiative will...
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Kenya Railways dismisses comparisons between SGR and Morocco, Ethiopia projects
Maina said Kenya has 33 crossing stations with overpasses in large sections to allow wildlife migration while Ethiopia has 18 stations. NAIROBI, Kenya, Jan 16 – Kenya Railways Corporation (KR) has come...
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Tullow discovers new oil fields in Turkana
Oil field in Turkana where Tullow Oil is exploring/FILE NAIROBI, Kenya, Jan 18 – Tullow Oil plc (Tullow) has announced the discovery of gross oil interval of 55 metres with 25 metres of net oil pay at...
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Kenyans can now pay for government services using Huduma prepaid card
Youth and Gender Cabinet Secretary Sicily Kariuki said the Huduma Card is a clear indication of how strategic collaborations between the Government and private sector can be beneficial to the...
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Kenya Pipeline new oil jetty in Kisumu to boost output by 1Mn litres
KPC says construction of the Jetty is now commercially feasible following completion of Line 6 which has increased product flow to Kisumu depot to serve the region/FILE NAIROBI, Kenya, Jan 18 – Kenya...
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2016 trade deficit of Sh705Bn lowest in four years
However, exports in 2016 declined marginally by 1.3 percent compared to a growth of 6.2 percent growth in 2015./FILE NAIROBI, Kenya, Jan 18 – Kenya’s trade deficit dropped significantly in the 10...
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Telkom Kenya raids Multichoice, Safaricom for top talent
Nicholas Mruttu has been appointed as the Chief Sales Officer NAIROBI, Kenya, Jan 19 – Telkom Kenya has announced more executive appointments following a series of high-level appointments in 2016....
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