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Abigael Sum

Counties blow billions on wages, travel

The Controller of Budget has raised alarm over ballooning wage bill in counties. The latest Controller of Budget report shows the 47 counties spent a massive Sh74.12 billion on salaries and other personnel emoluments in the first nine months of the 2014/2015 financial year.
By Abigael Sum 9 years ago
Counties blow billions on wages, travel
We’ll not harvest sand from Diani, assures contractor
We’ll not harvest sand from Diani, assures contractor
By Abigael Sum 9 years ago
Why there’s not much to celebrate in Kenya’s Budget
Why there’s not much to celebrate in Kenya’s Budget
By Abigael Sum 9 years ago
CMC Motors to start selling compact Ford Figo
CMC Motors to start selling compact Ford Figo
By Abigael Sum 9 years ago
Business management tips from Managing Director Poosti Reza
Sepyana Oil East Africa Ltd owns and operates the Lube Oil Blending Plant in Nairobi, within the Sameer Africa Complex with an annual output of 20 million litres.
By Abigael Sum 9 years ago
Business management tips from Managing Director Poosti Reza
Woman behind the OKoa Stima concept
It is for this reason that Safaricom rolled out Okoa Stima, an initiative that offers a one-stop-shop for electricity needs.
By Abigael Sum 9 years ago
Woman behind the OKoa Stima concept
IFC inks deal with Chinese firm to develop affordable housing units
International Finance Corporation (IFC) has partnered with a Chinese firm to develop 30,000 affordable housing units in Sub-Sahara Africa in the next five years. The $300 million (Sh29.1 billion) investment will develop homes in Kenya, Rwanda and Nigeria, then expand to other countries.
By Abigael Sum 9 years ago
IFC inks deal with Chinese firm to develop affordable housing units
Lake Turkana Wind project to deliver 310MW by mid 2017
Africa’s largest wind power project is well on course and is expected to deliver 310 megawatts to the national grid by mid-2017. Lake Turkana Wind Power project, to be constructed on 41,000 acres in Marasabit County, has since picked up pace after it achieved full financial closure in December 2014.
By Abigael Sum 9 years ago
Lake Turkana Wind project to deliver 310MW by mid 2017
Chase Bank launches Sh10 billion bond to finance expansion
Chase Bank has launched a Sh10 billion multi-currency corporate bond. The medium term bond will enable the bank to raise additional capital to strengthen its capital base and finance expansion.
By Abigael Sum 9 years ago
Chase Bank launches Sh10 billion bond to finance expansion
Buses for Sh10m? President Uhuru orders probe at KAA
President Uhuru Kenyatta has ordered Cabinet Secretaries and Principal Secretaries to process government contracts and tenders online by next week or be fired.
By Abigael Sum 9 years ago
Buses for Sh10m? President Uhuru orders probe at KAA
MSEA to create 80% of proposed jobs
The Micro and Small Enterprises Authority (MSEA), which has been in operation for less than two years, has set a target of creating 80 per cent of the one million jobs the Government has promised this year.
By Abigael Sum 9 years ago
MSEA to create 80% of proposed jobs
Chinese firm confident of beating the 2017 deadline for SGR project
The Chinese contractor for the Standard Gauge Railway (SGR) is confident of beating the June 1, 2017 deadline to complete the multi-billion shilling project.
By Abigael Sum 9 years ago
Chinese firm confident of beating the 2017 deadline for SGR project
Barclays enters life insurance market to boost revenues
Barclays Africa Group Ltd is eyeing the lucrative but highly under-served insurance business.
By Abigael Sum 9 years ago
Barclays enters life insurance market to boost revenues
Poor policies threaten services sector in Kenya, says report
Lack of inadequate and appropriate regulation, transparency and technical support has been identified as a major factor limiting Kenya's progress from a regional to a global ICT-enabled services and financial hub.
By Abigael Sum 9 years ago
Poor policies threaten services sector in Kenya, says report
Treasury's Sh57b budget shocks House team
The National Assembly’s Budget and Appropriations Committee is alarmed by the colossal Sh57.1 billion request by Treasury for additional funding in the current 2014/2015 financial year.
By Abigael Sum 9 years ago
Treasury's Sh57b budget shocks House team
Kenya seeks to raise Sh1.8tr for infrastructure
The Government is looking to raise Sh1.8 trillion through the public-private partnership framework to fund 69 projects.
By Abigael Sum 9 years ago
Kenya seeks to raise Sh1.8tr for infrastructure
Over 4,500 new parking spaces mooted in Nairobi
Plans are underway to create more parking spaces within the Nairobi Central Business District, aimed at easing congestion. The proposal by the Nairobi County Government to build a parking building under the public-private partnership (PPP) framework has been approved by the PPP Unit at Treasury.
By Abigael Sum 9 years ago
Over 4,500 new parking spaces mooted in Nairobi
Counties and bizarre levies to raise funds
With the realisation of devolution, county governments were forced to introduce new levies and taxes in an effort to raise money to run the devolved functions.
By Abigael Sum 9 years ago
Counties and bizarre levies to raise funds
Youth unemployment ticking time bomb as numbers hit 1.5 million
More than 1.5 million people are currently unemployed in Kenya, with over a third of them being young people between the ages of 15 and 24.
By Stephen Makabila and Abigael Sum 9 years ago
Youth unemployment ticking time bomb as numbers hit 1.5 million
Kenya loses Sh69 billion to counterfeit goods annually
The country loses up to Sh69 billion annually due to proliferation of contraband goods into the economy.
By Abigael Sum 9 years ago
Kenya loses Sh69 billion to counterfeit goods annually
Three MPs, Transport PS Nduva Muli quizzed over graft claims
Three MPs who were members of the disbanded Public Accounts Committee (PAC) were questioned for hours Friday by the anti-graft detectives for allegedly receiving Sh1.5 million as bribe.
By Abigael Sum 9 years ago
Three MPs, Transport PS Nduva Muli quizzed over graft claims
Nakumatt set to open new store in Eastleigh
Nakumatt Supermarkets has closed a deal to be the anchor tenant at the upcoming Sh3 billion Comesa Mall, in Eastleigh.
By Abigael Sum 9 years ago
Nakumatt set to open new store in Eastleigh
Kenya to participate in international travel exhibition
The Government is seeking to reposition Kenya as a quality destination at this year’s World Travel Market Africa exhibition in Cape Town, South Africa.
By Abigael Sum 9 years ago
Kenya to participate in international travel exhibition
US students to raise funds for Garissa University attack victims
A group of students from the University of New Mexico are on a mission to raise funds through an online campaign to help the victims of the Garissa University College terror attack.
By Abigael Sum 9 years ago
US students to raise funds for Garissa University attack victims
Kidero issues stern warning to land grabbers
Nairobi Governor Evans Kidero has issued a stern warning to private developers who have grabbed public land.
By Abigael Sum 9 years ago
Kidero issues stern warning to land grabbers
Reason behind Alliance High's 2014 KCSE drop
Academic giant Alliance High School dropped in the 2014 Kenya Certificate of Secondary Education (KCSE) exam results compared to 2013.
By Abigael Sum 9 years ago
Reason behind Alliance High's 2014 KCSE drop
Alliance High School cook leads others to share in joy of top examination performers
Paul Akai has worked as a cook at Alliance High School for 31 years. He believes discipline in the dinning hall and dormitories also contributes to success in the examination.
By Abigael Sum 9 years ago
Alliance High School cook leads others to share in joy of top examination performers
Uhuru burns 15 tonnes of ivory in war on poachers
President Uhuru Kenyatta on Tuesday set ablaze 15 tonnes of elephant tusks in what he described a move to fight against ivory trade.
By Abigael Sum 9 years ago
Uhuru burns 15 tonnes of ivory in war on poachers
Lupita Nyong’o’s dress returned
A dress worn by actress Lupita Nyong’o at this year’s Oscars, and which was stolen this week has been recovered, Los Angeles police have said. The dress worth Sh13.5 million, was found in a bathroom of the same Hollywood hotel from where it had been stolen.
By Abigael Sum and BBC 9 years ago
Lupita Nyong’o’s dress returned
Kenyans blame State for TV blackout
Most Kenyans blame on the Government for leaving them in the dark following the forceful switch-off of four main television stations.
By Abigael Sum 9 years ago
Kenyans blame State for TV blackout
Reprieve for parents as Kaimenyi caps secondary school fees
Parents can now breathe a sigh of relief after the government released fees guidelines for public secondary schools.
By Abigael Sum and Kamau Maichuhie 9 years ago
Reprieve for parents as Kaimenyi caps secondary school fees
Leaders throng lee funeral home to view the body of Kabete MP George Muchai
Leaders thronged Lee Funeral Home Saturday to view the body of Kabete MP George Muchai, his two bodyguards and driver.
By Abigael Sum 9 years ago
Leaders throng lee funeral home to view the body of Kabete MP George Muchai
Tea farmers to reap big from new KTDA Sh912m credit deal
More than 560,000 small-scale tea farmers in various parts of the country will now be able to access affordable credit facilities to enable them expand and diversify investments.
By Abigael Sum 9 years ago
Tea farmers to reap big from new KTDA Sh912m credit deal
Traders vow to block operations at parking lot over land grabbing claims
Traders at Nairobi’s City Market on Wednesday protested over alleged land grabbing by a private developer.
By Abigael Sum 9 years ago
Traders vow to block operations at parking lot over land grabbing claims
Uhuru launches multi-million shilling programme for the poor
The Government will adopt biometric registration to secure the Sh13.6billion set aside for the disadvantaged under the Inua Jamii cash transfer programme as a model for other national projects supporting 25 million poor Kenyans.
By ABIGAEL SUM 9 years ago
Uhuru launches multi-million shilling programme for the poor
First MICE forum in Kenya to fetch Sh32 billion
The first ever Meetings, Incentive travel, Conferences and Exhibitions (MICE) forum in East and Central Africa, which starts in Nairobi today, has already attracted over 1,000 delegates, Kenyatta International Convention Centre (KICC) Managing Director Fred Simiyu said on Thursday.
By Abigael Sum 9 years ago
First MICE forum in Kenya to fetch Sh32 billion
Board to begin vetting magistrates from Western
The Kenya Judges and Magistrates Vetting Board has promised to complete the vetting of the remaining 177 Magistrates and Kadhis before its term expires on December 31.
By Abigael Sum and Audrey Cheptoo 9 years ago
Board to begin vetting magistrates from Western
First MICE forum in Kenya to fetch Sh32 billion
The first ever Meetings, Incentive travel, Conferences and Exhibitions (MICE) forum in East and Central Africa, which starts in Nairobi today, has already attracted over 1,000 delegates, Kenyatta International Convention Centre (KICC) Managing Director Fred Simiyu said on Thursday.
By Abigael Sum 9 years ago
First MICE forum in Kenya to fetch Sh32 billion
Withdrawal of licences for KTN, Citizen, NTV amounts to sabotage-CORD
The Opposition has condemned the hostile action against Kenya’s top three independent broadcasters by the regulator, describing it as “a serious threat to strategic national interest and a damaging attack against local investors”.
By ABIGAEL SUM 9 years ago
Withdrawal of licences for KTN, Citizen, NTV amounts to sabotage-CORD
Kenya targets Sh32b in first MICE meeting
The first ever Meetings, Incentive travel, Conferences and Exhibition (MICE) in East and Central Africa, which starts in Nairobi on Thursday, has already attracted over 1,000 delegates, the Kenyatta International Convention Centre Managing Director Fred Simiyu told Standard.
By Abigael Sum 9 years ago
Kenya targets Sh32b in first MICE meeting
State cancels frequencies for top three TV stations
Three independent and top Kenya's television broadcasters were last night fighting back State action to withdraw their license for digital broadcasting which could pull them off air and bring to ruin their estimated Sh40 billion investment in technical infrastructure alone.
By Abigael Sum AND Kamau Muthoni 9 years ago
State cancels frequencies for top three TV stations
Lawyers investigating children's rights violations in school
A team of lawyers from the Law Society of Kenya (LSK) is investigating children rights violations against the police after some officers lobbed tear-gas canisters at Langata Road Primary School pupils.
By Abigael Sum 9 years ago
Lawyers investigating children's rights violations in school
Tear-gassing pupils was barbaric: Cotu
The Central Organisation of Trade Unions (Cotu) has condemned Monday's tear-gassing of pupils of Langata Road Primary school in Nairobi, terming the action as barbaric.
By Abigael Sum 9 years ago
Tear-gassing pupils was barbaric: Cotu
KTN, NTV, and Citizen TV to challenge withdrawal of frequencies in court
Media Owners Association has accused the Communication Authority of Kenya (CAK) of being partisan and favoring Pan African Group (PANG) and Multichoice's GoTv in the digital migration wars.
By Abigael Sum and Kamau Muthoni 9 years ago
KTN, NTV, and Citizen TV to challenge withdrawal of frequencies in court
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