New money transfer service opens in Kenya
Competition for the international money transfer business in Kenya heightened yesterday with the entry of a new player.
By Peter Kiragu 8 years ago
New money transfer service opens in Kenya
Why developers need project managers
You must have at one time or another come across an unfinished residential or commercial building.
By Peter Kiragu 9 years ago
Why developers need project managers
Global payments portal to ease Kenyan businesses importing woes
Imagine you need to import machinery from China or India. Normally, you would need to take your shillings and exchange them for dollars prior to paying the supplier. A similar process would occur on the receiving end, with the dollars exchanged for the supplier’s currency.
By Peter Kiragu 9 years ago
Global payments portal to ease Kenyan businesses importing woes
Data loss costing companies dearly
Kenyan organisations are losing 45 terabytes of data annually owing to human error and hardware breakdowns.
By Peter Kiragu 9 years ago
Data loss costing companies dearly
Kenya-Ethiopia power project moves notch higher
The construction of a high voltage direct current converter substation at Suswa for the power lines that will link Kenya and Ethiopian grids could commence one month from now and latest in January next year.
By Peter Kiragu 9 years ago
Kenya-Ethiopia power project moves notch higher
Tuskys to enroll youth in internship programme
Tuskys has unveiled an ambitious six-month internship programme that will see 1,500 youths across the country equipped with the skills to work in a supermarket every year.
By Peter Kiragu 9 years ago
Tuskys to enroll youth in internship programme
US construction firm shifts base to Nairobi
America-based X-Calibur Construction Systems Inc has announced plans to set up base in Nairobi from where it will be supplying specialist construction products to other parts of Africa.
By Peter Kiragu 9 years ago
US construction firm shifts base to Nairobi
New geothermal wells set to produce 61MW
Jubilee government’s target of 700 megawatts of geothermal power will have an additional 61MW by end of next year.
By Peter Kiragu 9 years ago
New geothermal wells set to produce 61MW
Tea farmers to earn Sh63b in bonuses
Tea farmers across the country will receive Sh63.6 billion in bonuses next month, thanks to the weakening Kenyan shilling, better prices and higher sales volumes.
By Peter Kiragu 9 years ago
Tea farmers to earn Sh63b in bonuses
KQ in talks with Pakistan to lease planes, says official
A section of Pakistan media reported over the weekend that Pakistan International Airlines (PIA), had finalised plans to take over, on lease terms, the planes from Kenya.
By Peter Kiragu 9 years ago
KQ in talks with Pakistan to lease planes, says official
KQ to earn Sh1.4b from leasing of planes to Pakistan carrier
Details are now emerging that the Pakistan government is about to seal a deal to lease three Boeing 777 from cash strapped Kenya Airways (KQ).
By Peter Kiragu 9 years ago
KQ to earn Sh1.4b from leasing of planes to Pakistan carrier
StarTimes South Africa to sack workers
Startimes Media South Africa is laying off staff amid what it termed ‘difficult economic circumstances’.
By Peter Kiragu 9 years ago
StarTimes South Africa to sack workers
Kenya seeks trade ties with Norway
Kenya and Norway are seeking close business ties to strengthen economic growth and create jobs in the two countries.
By Peter Kiragu 9 years ago
Kenya seeks trade ties with Norway
Publishers raise alarm over increasing piracy of books
Publishing houses in Kenya could be losing billions of shillings every year to hungry book pirates who collude with bookshops and some schools to maintain the illegal trade.
By Peter Kiragu 9 years ago
Publishers raise alarm over increasing piracy of books
How firms use performance index to succeed
“In 2006, I was named the Manager of the Year and my life changed from there,” remembers Sanjay Brahambatt, managing director of East Africa’s largest plastics manufacturer - Blowplast Group.
By Peter Kiragu 9 years ago
How firms use performance index to succeed
High expectations for forum from founder of construction SME
Aged just 24, Gertrude Kurgat and Linda Rotich are among Kenya’s youngest female entrepreneurs in the booming construction field.
By Peter Kiragu 9 years ago
High expectations for forum from founder of construction SME
KWFT wins big for banking on women
It is hard to celebrate the achievements and growth of the microfinance industry in Kenya without associating it with the Kenya Women Microfinance Bank.
By Peter Kiragu 9 years ago
KWFT wins big for banking on women
Nakumatt to open 51st branch on Mashujaa Day
Nakumatt Holdings, will open its 51st branch aptly named Nakumatt Shujaa on Monday.
By PETER KIRAGU 10 years ago
Nakumatt to open 51st branch on Mashujaa Day
Board allays fears over accounting syllabus review
Kenya Accountants and Secretaries National Examinations Board (Kasneb) has moved to allay fears associated with the ongoing major syllabus review
By PETER KIRAGU 10 years ago
Board allays fears over accounting syllabus review
Business confidence in Kenya surges to an all time high
The level of confidence that business executives have in the economy still remains extremely strong despite increased insecurity threats and dwindling tourism fortunes, a new survey by Standard Chartered Global Research shows.
By PETER KIRAGU 10 years ago
Business confidence in Kenya surges to an all time high
Business confidence in Kenya surges to an all time high
The level of confidence that business executives have in the economy still remains extremely strong despite increased insecurity threats and dwindling tourism fortunes, a new survey by Standard Chartered Global Research shows.
By Peter Kiragu 10 years ago
Business confidence in Kenya surges to an all time high
EAC ministers order telcos to agree on terms to reduce tarrifs
Mobile phone operators across the East African region must agree on terms to reduce international and roaming tariffs to lower the cost of doing business in the region, three ICT ministers from Rwanda, Kenya and Uganda have directed.
By PETER KIRAGU 10 years ago
EAC ministers order telcos to agree on terms to reduce tarrifs
State maintains SGR target date of 2018
Kenya has maintained that the target completion date for the proposed Standard Gauge Railway (SGR) is March 2018, despite delays occasioned by noises surrounding the procurement of a Chinese contractor.
By PETER KIRAGU 10 years ago
State maintains SGR target date of 2018
IMF projects economy to grow by 5.8pc
The International Monetary Fund (IMF) expects the economy to grow by 5.8 per cent this financial year, up from 5 per cent last year, driven by higher domestic and external investment.
By PETER KIRAGU 10 years ago
IMF projects economy to grow by 5.8pc
IMF pushes for lower allowances
In a move that could trigger harsh resistance from a majority of civil servants, the International Monetary Fund has prescribed the lowering of allowances to the State officials to help contain the ballooning wage bill.
By PETER KIRAGU 10 years ago
IMF pushes for lower allowances
Kenya government unveils plan to assess energy consumption and demand
The Government Wednesday appeared to own up to the criticism that its ambitious plan to add another 5000MW of power to the national grid by 2016 could leave the country with more electricity than it needs.
By PETER KIRAGU 10 years ago
Kenya government unveils plan to assess energy consumption and demand
Forget paperwork: Soon, a fingerprint is all you will need to prove your identity
Imagine walking into a banking hall without any documentation, not even a national identity card, and being able to carry out a transaction.
By PETER KIRAGU 10 years ago
Forget paperwork: Soon, a fingerprint is all you will need to prove your identity
Eveready closes struggling Nakuru-based factory
East Africa’s largest battery manufacturer, Eveready, has shut down, blaming rising cheap battery imports which have slashed the capacity of the plant to a mere 25 per cent.
By Peter Kiragu 10 years ago
Eveready closes struggling Nakuru-based factory
Tender winners for 2,000km road projects to be announced this week
The Government will this week announce prequalifed winners of the tenders to develop 2,000 kilometres of road under a new programme.
By PETER KIRAGU 10 years ago
Tender winners for 2,000km road projects to be announced this week
New rules may reduce boda boda deaths
The Government has crafted a raft of measures to reduce deaths caused by motorcycle riders on boda bodas (taxis) — after the realisation that they are now causing more deaths than even the notorious matatu drivers.
By PETER KIRAGU 10 years ago
New rules may reduce boda boda deaths
Fears of higher rents amongst Kenyans over capital gains tax return
Tenants have been asked to brace for higher rents after the reintroduction of capital gains tax on the real estate sector through the Finance Act 2014.
By PETER KIRAGU 10 years ago
Fears of higher rents amongst Kenyans over capital gains tax return
Insurance industry regulator blacklists 22 companies
The Insurance Regulatory Authority (IRA) has blacklisted 22 companies that are involved in the insurance-related businesses.
By PETER KIRAGU 10 years ago
Insurance industry regulator blacklists 22 companies
Safaricom eyeing shareholders’ nod for Sh7b yuMobile deal
Safaricom is formally seeking the approval of its shareholders to acquire various assets of Essar Telecom, the operators of yu mobile network, for Sh6.9 billion ($69.25 million).
By PETER KIRAGU 10 years ago
Safaricom eyeing shareholders’ nod for Sh7b yuMobile deal
KMC seeks international firm to modernise plant
Crisis-ridden Kenya Meat Commission (KMC) is seeking an international firm to modernise its plant and machinery to be more efficient.
By PETER KIRAGU 10 years ago
KMC seeks international firm to modernise plant
GT Bank seeks funds for expansion from Nigeria
GT Bank, formerly Fina Bank, is seeking funds from its Nigerian parent company to fund its expansion programme that will see it increase the number of branches from 14 to 60 in the next five years.
By PETER KIRAGU 10 years ago
GT Bank seeks funds for expansion from Nigeria
Major oil dealers caught selling adulterated fuel
Some dealers contracted by major marketers such as the State-owned National Oil and Shell have been found to have been selling contaminated motor fuel.
By PETER KIRAGU 10 years ago
Major oil dealers caught selling adulterated fuel
Online hotel booking takes shape in Kenya
When Estelle Verdier, a French national, arrived in Nairobi for the first time in 2006 accompanied by her brother, they got stranded.
By PETER KIRAGU 10 years ago
Online hotel booking takes shape in Kenya
Kenya seals deals worth Sh50b in the US
When the African delegation landed in the United States recently for the US-Africa Summit, Tanzanian business leaders were supposed to lead the group in all the negotiations.
By PETER KIRAGU 10 years ago
Kenya seals deals worth Sh50b in the US
Team formed to audit social economic impact of Kenya’s constitution
The Office of the Auditor General has appointed an eleven-member working group to conduct the social economic audit of the constitution passed in 2010.
By PETER KIRAGU 10 years ago
Team formed to audit social economic impact of Kenya’s constitution
Kenya mulls ‘time of use’ tariff to cut cost of living
The Government has plans to introduce what it calls a time-of-use tariff that it hopes will cut the cost of power to manufacturers.
By PETER KIRAGU 10 years ago
Kenya mulls ‘time of use’ tariff to cut cost of living