February 25th 2018


Kenyan APA Insurance optimises claims processes with IBM

Jack Otwala | Thursday, 15 Feb 2018 14:52 EAT

The insurance underwriter can now gain greater visibility into policies, premiums and loss ratios through IBM Analytics Solutions.

De La Rue Kenya Hosts Trade and Industry Delegation

Free Press Correspondent | Thursday, 15 Feb 2018 13:52 EAT

"This is a great example of a company that has invested in Kenya since the beginning of the 1990s and is still expanding. It is a demonstration of the confidence investors have on the Kenyan and EAC business environment and is delivering the vision of the President for Kenyan manufacturing excellenc

On completion, the project will significantly increase tourism and business travel annually by 4.2% between 2026 and 2052, while two-way cargo traffic is projected to annually grow by 5.1% over the same period.

Britam Asset Managers sweep 2017 Think Business investment awards

Free Press Correspondent | Wednesday, 29 Nov 2017 11:29 EAT

The company was named the overall winner in all but one of the awards listed under two categories, namely the Collective Investment Scheme Award and the Fund Managers / Investment Award.

Central Bank assures of solid economic fundamentals

Kenneth Kuria | Friday, 24 Nov 2017 12:28 EAT

The banking sector remains resilient. Average commercial banks’ liquidity and capital adequacy ratios stood at 44.7 percent and 18.8 percent, respectively, in October 2017. The ratio of gross non-performing loans (NPLs) to gross loans decreased marginally to 10.6 percent in October from 10.7 percent

AfDB Group approves €122m loan for Tunisia road improvement project

Free Press Correspondent | Thursday, 23 Nov 2017 11:13 EAT

It is in line with three of the AfDB’s High 5 strategic priorities. The first is ‘Industrialize Africa’ through developing nearby export-oriented industrial zones. The project will also ‘Improve the quality of life for Africans’ through cutting congestion and improving some neighborhoods.

Arsenal welcomes WorldRemit as first-ever official online money transfer partner

Free Press Correspondent | Wednesday, 22 Nov 2017 17:11 EAT

WorldRemit was founded by Chief Executive Officer Ismail Ahmed, to offer a better way to send small sums of money more frequently, bringing family and friends closer together - wherever they are.

Menyesha by TransUnion Makes Getting Credit-Ready Easy for Rwandans

Free Press Correspondent | Wednesday, 22 Nov 2017 16:41 EAT

The range of functionality that Menyesha offers allows a faster and much more efficient way for consumers to become credit ready in preparation for loan applications, clearing their debts and obtaining vital credit clearance certificates through a single digital solution.

Safaricom embarks on e-commerce journey with Masoko

Free Press Reporter | Wednesday, 22 Nov 2017 13:16 EAT

Masoko will accept all mobile money payments as well as Visa and MasterCard payments and will have dedicated delivery fulfillment partners such as Wells Fargo and Sendy to provide a seamless customer experience that is versatile, fast and secure.

IsDB Vice President, Mansur Muhtar stated: “Indeed, there is much to gain from the collaboration between our organizations. It is here that we can utilize our respective competitive advantages best and maximize the utilization of available resources.”

IBM cloud to accelerate Cooperative Bank of Oromia’s digital transformation

Free Press Reporter | Wednesday, 15 Nov 2017 20:01 EAT

The bank needed a core banking system that would provide a competitive edge as it enhanced services to expand in the growing market. They tapped IBM solutions to efficiently accommodate their growing customer portfolio and meet plans to increase their branches by 25 per cent each year.

This project (Cities Matter: Capacity building in sub-Saharan African megacities for transformational climate change mitigation) is part of the International Climate Initiative (IKI).

The first gof.afromillionslotto.com draw will take place on Wednesday 15th November. If no-one wins the jackpot, the prize money increases by nearly Sh30 million with each draw until it reaches a maximum of over Sh580 million.

So far 3 regional summits have successfully been held in Meru, Nakuru and Eldoret regions empowering over 25,000 BLAZERS. Over Sh2.2 million worth of cash has been given in business support to deserving ventures that have demonstrated potential to grow and ingenuity.

The company’s other ongoing green energy development projects include Olkaria I Unit 6, 70MW, Ngong Wind Phase III 10MW, Olkaria VI PPP 140MW, Olkaria I Rehabilitation 50MW, Olkaria I AU & IV topping plant 40MW, Modular wellheads 50MW, Meru Wind Farm 80MW.

Kenya, Ghana investors to boost trade, economic ties

Free Press Correspondent | Tuesday, 07 Nov 2017 15:02 EAT

“Intra-Africa investments and trade are prerequisites for regional and national economic development and growth…In a couple of years, Africa will have more people than India and China combined,” said Mr Robert Ahomka-Linsdey, Ghana’s Deputy Minister of Trade and Industry.

Twitter introduces special emoji for UN Climate Change Conference #COP23

Free Press Correspondent | Tuesday, 07 Nov 2017 13:41 EAT

Given the urgency of climate action and huge number of cities, regions, businesses and investors, along with many civil society organizations who are present in Bonn and who are using Twitter to engage audiences, we expect to see that number far exceeded.

Coca-Cola to invest billions to expand Kenyan operations

Kenneth Kuria | Monday, 30 Oct 2017 17:37 EAT

The investment falls under The Coca-Cola Company's global vision to become a total beverage company, by reshaping its growth strategy and operating model in line with the changing customer tastes and buying habits.

Nuclear innovations help nations across the globe achieve Zero Hunger 2030 goal

Free Press Correspondent | Wednesday, 18 Oct 2017 11:40 EAT

This method is not only high efficient, but also safe and does not pose any risk to end consumers. The World Health Organization, FAO, and IAEA have reviewed accumulated data from about 50 years of research.

The future of finance in MEASA will not be determined solely by technology. The rise in equity crowdfunding platforms and lower-cost portfolio investment products is unleashing new capital for entrepreneurs and businesses, and is giving middle and lower-middle-income citizens the ability to become i

ALSF promotes link between arbitration and economic growth at the East Africa

Free Press Correspondent | Friday, 13 Oct 2017 12:24 EAT

The East Africa International Arbitration Conference is organized on an annual basis, and aims to highlight and strengthen the connection between effective dispute resolution, foreign investments, and economic development in Africa.

African Development Fund Board approves $141 million credit risk participations

Free Press Correspondent | Friday, 13 Oct 2017 12:09 EAT

Finally, two operations with regional development finance institutions complete the portfolio of approved risk participations, which brings the total portfolio of the facility to 1/3 of its $1.5 billion target size and increase the PSF’s footprint to 25 countries.

Governor Ngilu launches food security measures ahead of rains

Free Press Reporter | Tuesday, 10 Oct 2017 13:15 EAT

In an exercise geared towards increasing farm inputs, Kenya Red Cross will collaborate with the county government to secure ready market for the farmers by assisting them join cooperative societies that can market their produce in bulk.

During the Summit, seven youthful Kenyans who had viable and potential business ideas won Sh100,000 in cash and Sh10, 000 worth of Airtime each courtesy of Blaze to help them kick start their businesses. Auditions for the BYOB TV Show that is set to air later next year also went down well.

CBK announces receipt of non-binding offer for Chase Bank

Julliet Mwihaki | Tuesday, 10 Oct 2017 10:43 EAT

Non-moratorium depositors will continue to have full unrestricted access to their funds. CBK and KDIC met with CBLR depositors and shareholders on October 6, 2017, and who were supportive of the non-binding offer.

Fuso launches new truck for booming commercial truck sector

Njuguna Kiru | Friday, 06 Oct 2017 20:11 EAT

FUSO has been present in the Kenya market since the early 70’s with a wide range of vehicles from light-medium- and heavy-duty trucks to light- medium duty buses. The popular FH has been known in the market as the King of the Road, which Simba sold more than 13,000 units so far.

African Development Bank releases second Trade Finance

Free Press Correspondent | Friday, 06 Oct 2017 20:00 EAT

The report recommends that a win-win partnership and a collaborative approach involving development partners is needed to overcome the challenges of access to trade finance faced by financial institutions and the private sector in Africa.

High Court extends CBK's role in Chase Bank, case put off to Nov 14

Njuguna Kiru | Thursday, 05 Oct 2017 20:25 EAT

The receivership over CBLR was last extended for six months from April 7. This followed the announcement on March 30 launching the process of identifying an investor to take an interest in the bank and the request for initial Expression of Interest (“EOI”) from investors.

Wala secures investment from Newtown Partners ahead of a planned token sale in October

Free Press Correspondent | Thursday, 05 Oct 2017 12:02 EAT

Wala works with specialist providers in each market they’re operational in, including banks, to offer a full suite of financial services. Partners benefit from the reach and low cost access to previously unserviceable customers enabled by the Wala platform.

Safaricom’s total impact on economy up 17 percent

Njuguna Kiru | Wednesday, 04 Oct 2017 13:31 EAT

The company's two charitable arms, M-PESA and Safaricom Foundations have also seen their contributions to society almost double in the past year, from Sh3.6 billion to Sh6.6 billion. The greatest growth has been in the areas of education and health.

Safaricom's new M-PESA 1Tap to go national

Trizza Kimani | Tuesday, 03 Oct 2017 19:52 EAT

Some of the merchants where customers can now make payments with M-PESA 1Tap include Shell, Naivas, Choppies, KenolKobil, KFC, Oil Libya, Total and QuickMart. The merchant solution currently involves an NFC based reader integrated to merchants Lipa Na M-PESA tills.

Safaricom partners with OPPO Kenya to unveil new 4G enabled device

Trizza Kimani | Tuesday, 03 Oct 2017 19:10 EAT

"The partnership with OPPO Kenya today cements our commitment to bring our customers a variety of smart devices that will enable them stay connected and have the opportunity to enjoy the benefits of higher speeds of 3G and 4G devices," said Elizabeth Wasunna, Head of Retail Channels, Safaricom.

The 2017 CBA Africa Concours D’elegance of beasts and beauties

Trizza Kimani | Wednesday, 27 Sep 2017 16:30 EAT

The beasts were, of course, not horses but the 77 competing cars and the 41 motorcycles. All of them were also beauties, because they were there to be judged for their preparation, their cleanliness and, especially, their elegance.

Safaricom CEO named Africa investor CEO of the Year

Jack Otwala | Friday, 22 Sep 2017 14:02 EAT

"Our purpose is to transform lives, and beyond creating solutions that aim to make a difference in our customer's lives, we are also fully focused on building a sustainable enterprise that can meet the challenges of business in a rapidly changing world," said Mr Collymore.

This year's 42Kms winners will walk away with Sh500,000 each while those who cross the finish line first in the 10Kms race will each pocket Sh40,000. Safaricom has set aside Sh2.5 million towards sponsorship for the event.

Economy is stable, CBK assures wary investors

Trizza Kimani | Tuesday, 19 Sep 2017 14:04 EAT

Month-on-month overall inflation rose to 8.0 percent in August 2017 from 7.5 percent in July 2017 reflecting limited supply of some food items, particularly tomatoes, following transport difficulties in the immediate period after the general elections.

AfDB, Brazil to groom African youth in cassava processing

Free Press Correspondent | Tuesday, 19 Sep 2017 11:10 EAT

The first batch of the YTTP training, which was flagged off at the AfDB headquarters in Abidjan, Côte d’Ivoire, targets 30 young African professionals (between the ages of 18 and 35) of the cassava value-chain selected from 14 countries.

The second Summit Of Blaze BYOB lights Nakuru’s Afraha Stadium

Trizza Kimani | Monday, 18 Sep 2017 17:20 EAT

Entertainment in the Nakuru summit was top notch with Nyashinski, Khaligraph Jones and King Kaka thrilling the crowd with electrifying performances. Radio presenter Mwalimu Racheal and Musician Timmy T Dat mceed the high pitched event.

IFC releases Sh3. 6 billion for 10 percent stake in Britam

Trizza Kimani | Monday, 18 Sep 2017 10:04 EAT

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. The institution offers investment, advisory, and asset management services to encourage development in the private sector.

Safaricom announces fresh investments in customer care

Julliet Mwihaki | Friday, 15 Sep 2017 20:07 EAT

Following last year's announcement of an additional 600 jobs at its primary call centre located in Nairobi, Safaricom has started the process to create an additional 300 job opportunities this year to boost ongoing customer care initiatives.

Isuzu East Africa signs Eliud Kipchoge as Brand Ambassador

Julliet Mwihaki | Wednesday, 13 Sep 2017 17:28 EAT

"I am very excited to partner with Isuzu as their brand ambassador. Isuzu has been on a long journey to reach its success, a journey that I can relate to as an athlete. I look forward to growing the Isuzu brand to greater heights. Kwa kweli, Tuko Pamoja Safarini,” said Mr Kipchoge.

Safaricom Spark Fund invests in iProcure

Trizza Kimani | Monday, 11 Sep 2017 18:15 EAT

We share an underlying belief, with Safaricom, that small holder farmers are essential to our nation's food security, and look forward to playing our part in improving the welfare of farmers across Kenya," said Nicole Galletta, Chief Operations Officer, iProcure.

Leading French bank Société Générale to set shop in Kenya

Free Press Correspondent | Saturday, 09 Sep 2017 15:11 EAT

Kenya is SG’s first entry into Eastern Africa. The Representative Office will support the growing trade and investment links between Kenya and France. It will also allow deepening of SG’s regional footprint with Kenya as its anchor in Eastern Africa.

Safaricom plans upgrade to enhance M-PESA

Njuguna Kiru | Monday, 04 Sep 2017 20:53 EAT

The enhanced availability of the platform to developers through APIs is expected to usher in an age of increased interconnectivity for M-PESA, which will support a wider range of capabilities for several different partners.

Safaricom appoints new directors

Trizza Kimani | Sunday, 03 Sep 2017 18:18 EAT

Till Streichert, the current Chief Financial Officer (CFO) and Executive Director of Vodacom Group, has been appointed as Alternate Director to Mr Moosub. Mr Streichert is also a Member of the Vodacom Group Executive Committee and is a Non-executive Director of Vodacom SA.

eBay Partners with Mall for Africa to Bring African Handmade Goods to US

Free Press Correspondent | Sunday, 03 Sep 2017 18:00 EAT

Mall for Africa provides African consumers a platform to purchase items directly from over 200 of the best US and UK retailers in the world. As a leader in the industry, MFA manages every step of the order process, offering its customers a simple, secure and convenient solution to online shopping.

Kenya receives top score on Brookings financial inclusion scorecard

Free Press Correspondent | Sunday, 03 Sep 2017 17:34 EAT

“Countries have increasingly recognized that advancing access to and usage of affordable, secure formal financial services can contribute to their development objectives,” write FDIP authors Robin Lewis, John Villasenor, and Darrell West. However, further opportunities for progress remain.

Safaricom opens new retail outlet in Kitale

Jack Otwala | Thursday, 31 Aug 2017 16:29 EAT

Safaricom has so far opened 46 shops countrywide in a bid to expand its services to the regions allowing customers to access and enjoy services from wherever they are across the country.

A Kenyan Guide to 24 Hours in Dubai, other cities

Free Press Correspondent | Wednesday, 30 Aug 2017 19:19 EAT

Kenyans have also taken advantage of this trend to travel during their weekends. This has contributed to domestic tourism and travel across borders in East Africa.

Taxify partners with Didi Chuxing to support regional transport innovation

Free Press Correspondent | Wednesday, 30 Aug 2017 19:03 EAT

Launched in Estonia in 2013, Taxify is the fastest-growing ride-hailing company in Europe and Africa, offering taxi- and private car-hailing services to over 2.5 million users in major hubs across 18 countries, including Hungary, Romania, the Baltic States, South Africa, Nigeria and Kenya.

Businesses, exports to suffer as plastic ban takes hold

Njuguna Kiru | Wednesday, 30 Aug 2017 17:18 EAT

Some of the most important household products adversely affected include salt and ​maize flour.​ Distribution and supply of fertilizer will also been disrupted because the flat plastic liners used in their packaging ​are affected by the ​ban.

Since the start of operations in Kenya, WorldRemit customers have completed almost 2 million money transfers to the country. They now send more than 80,000 transactions every month from the WorldRemit app and website.

"During the last expo held in 2015 participants felt the crunch of having to pay for travel and accommodation at one go and this will be avoided following the agreement we have entered into with Africa’s leading online travel company,” said Mrs Lee.

The Chinese billionaire said that Africa's poor infrastructure, social, economic and political situation should be a source of innovation for most entrepreneurs, just as lack of e-commerce in his home country inspired him to start one of the biggest online marketplaces.

KAM Launches EAC Intellectual Property Rights Regime Study

Lucy Mwihaki | Friday, 21 Jul 2017 07:59 EAT

KAM has been a key stakeholder in championing the war against counterfeiting in Kenya by supporting the Anti-Counterfeit Agency (ACA) as well as promoting EAC regional integration through the Association’s vigorous advocacy work.

Multi-million grant awarded to improve world slum healthcare

Free Press Correspondent | Thursday, 20 Jul 2017 08:10 EAT

The project team will map current health services and facilities and understand how these are used in six slums across Asia and Africa. They will identify the costs associated with how the health services run in each slum, including costs to the patients and their households.

Inflation to decline supported by lower food and fuel prices

Free Press Reporter | Tuesday, 18 Jul 2017 17:37 EAT

Growth of credit to the private sector fell further to 2.1 percent over the 12 months to May 2017, partly due to significant repayments in manufacturing, transport and communication, and developments in the trade sector.

Coca-Cola reorganizes southern, eastern Africa operations

Njuguna Kiru | Saturday, 15 Jul 2017 14:29 EAT

Swaziland and Lesotho will be part of South Africa's operations while Botswana, Zambia, Zimbabwe, Malawi, Namibia, St Helena and Angola become part of the East Africa block of markets which include Kenya, Tanzania, Uganda, Ethiopia, Mozambique, Djibouti, Somalia, Somaliland and Eritrea.

Equity Bank Kenya caters to SMEs and large corporates through its Supreme Banking offering with branches in key locations such as Nairobi’s (Upperhill, Gigiri, Lavington and Kilimani) ; Kisumu; Mombasa, Nakuru, Eldoret among many other major towns in Kenya.

KAM, CRA launch integrated devolution data portal

Julliet Mwihaki | Thursday, 13 Jul 2017 12:29 EAT

The portal will serve as a central national repository for information on county legislation and devolution related issues in all the 47 counties thereby playing a vital role in public awareness by serving as a source of information on key revenue laws, county revenue enhancement measures and county

Witnesses said they heard the plane coming down with a funny sound. “It roared funnily before it crashed and rolled disintegrating moments after take-off,” said a witness. The scene of the crash is about two kilometres from the airport.

The Standard Chartered branches that will be affected include, Bungoma, Kisii, Kitengela and Warwick (Nairobi). The bank says the move is pegged on the digital transition.

Thousands turn up for the annual Safaricom Diabetes Walk

Mary Muthoni | Tuesday, 11 Jul 2017 15:55 EAT

Since its launch 15 years ago DMI Centre has been carrying out awareness campaigns that include community screening drives, training of school teachers and peer educators, as well as provision of insulin kits to children living with diabetes at no cost.

The former powerful cabinet minister Biwott passes on at 77

Lucy Mwihaki | Tuesday, 11 Jul 2017 14:09 EAT

Mr Biwott fought for the leadership of Kanu with President Uhuru Kenyatta before finally forming his National Vision Party of Kenya (NVP). Things changed and he had endorsed Mr Kenyatta for a second term in office and was one of the key opinion leaders he was relying on to campaign in the North Ri

2017 Kenya music festival national level competitions

Trizza Kimani | Tuesday, 11 Jul 2017 10:20 EAT

This is the second time for the CBK to participate, in the context of the CBK’s 50th anniversary, as Title and Thematic Sponsor of the Music Festival.

Through the new launched service *622#,it will help the artist by accessing monthly revenue report detailing the number of Skiza tunes and the revenue generated per song. This will be sent via email by the 5th day of every month.

Dubai Tourism conducts multi-city road show across East Africa

Njuguna Kiru | Friday, 07 Jul 2017 11:34 EAT

The series of events are to showcase Dubai’s expanding proposition of affordable luxury experiences to key travel partners in the East African region, spanning across travel, accommodation, entertainment and events in the city, and placing a focus on family travel.

Public Service Company goes the luxury way to lure clients

Jackson Okata | Friday, 07 Jul 2017 09:57 EAT

It’s an innovation that has attracted many customers to an extent that the company has introduced direct fleets to the Syokimau Standard Gauge Railway-SGR terminus from Nakuru town.

Upcoming artists storm political arena and make their intentions known

Julius Chemitei | Thursday, 06 Jul 2017 14:06 EAT

Top on his agenda has been youth empowerment programs especially among the youth who hardly get the capital to start up business in the steadily growing Tanzanian Economy.

New competition targeting young scientists unveiled

Lucy Mwihaki | Thursday, 06 Jul 2017 09:37 EAT

The Ministry of Education has for the last 53 years coordinated the Secondary Schools Science Congress, now known as the Kenya Science and Engineering Fair (KSEF) as the only science co-curriculum activity for Kenyan schools in the country.

Politicians urged to drive the industrialization agenda

Trizza Kimani | Wednesday, 05 Jul 2017 14:23 EAT

The agenda aims  to centralize the economic agenda of this country in current and future political narratives. This includes the need to double jobs, double exports, increase foreign exchange earnings and raise manufacturing share of GDP to 15 per cent by 2020.

The theme of this year’s conference is “Partnerships for Innovative Energy Solutions”.  Global trends point to the need for strategic partnerships to solve complex emerging challenges for organizations that intend to win big in the marketplace.

BLAZE BYOB Season Two on the go.....

Julliet Mwihaki | Tuesday, 04 Jul 2017 10:30 EAT

Nine contestants from Meru County qualified as blazers and are now hopeful to join the BYOB TV series for competition with others who will be selected in the other remaining 5 summits set to be held in different towns across the country.

First Safaricom regional summit takes place in Meru County

Lucy Mwihaki | Monday, 03 Jul 2017 13:11 EAT

As the final part of the Creation Camp and ahead of the summit, all participants, mentors and performing artists, went into five pre-identified high schools and had a 1-hour mentorship session and gave out a donation as part of the CSR projects.

CBA loop to target budding entrepreneurs

Cynthia Gitau | Friday, 30 Jun 2017 15:53 EAT

The first event of this series was held on Friday 16th June at the Garden City Loop Store where participants were selected from the 52 Week Savings Challenge Group.  A group on Facebook that has evolved into a platform for entrepreneurs to share ideas, experiences and information.

EAC Brand architecture design completion launched in Nairobi

Lucy Mwihaki | Friday, 30 Jun 2017 15:10 EAT

The Ministry Official affirmed that, “EAC is expanding because it is attractive and progressing, as its benefits are visible like the Single Customs Territory (SCT), a Common Market, a common higher education area, One Stop Border Posts, and so many others”.

The winning teams will each walk away with Kshs1 M (one million) and a trip to London in April 2018 during which they will get a chance to have mentorship sessions with Wanyama, visit a youth training camp and watch a live game.

KAM, GIZ launch TVET Programme in Central Kenya

Julliet Mwihaki | Friday, 30 Jun 2017 10:05 EAT

The Kiambu County TVET Deputy Director, Mr Wilfred Nyarangi pointed out that partnership between TVET institutions and industry are key in offering skills relevant to the labour market.

As the final part of the Creation Camp and ahead of the summit, all participants, mentors and performing artists, will go into five pre-identified high schools and have a 1-hour mentorship session, as part of the CSR projects.

Kenyan-born and raised, Rob Stevenson is the organiser of Kenya's Last Male Standing (LMS) Rhino Cup for the past 3 years, and set up LMS to help rhino conservation in Kenya and cricket development.

Consumer wallet will empower businesses with the requisite insights to arrive at more strategic decisions, and with deeper understanding of their customer needs. The service will be available on both a subscription and license basis.

Viva Global celebrate new partnership with Moet-Hennessy

Mary Muthoni | Wednesday, 28 Jun 2017 14:34 EAT

Mr Rupen Samani started the company as a hobby when he was only 18 years of age, whereby his father decided to support him in making his dream come true.

Building planned dams will significantly and irreversibly damage the environment

Free Press Correspondent | Wednesday, 28 Jun 2017 11:59 EAT

The study, published in the latest edition of Nature  (Volume 546 Number 7658), the world's top-ranked journal, analysed the impacts of 140 constructed and under-construction dams and the potential impact of 428 built and planned dams on the rivers of Amazon.

This improvement is attributed to the government’s efforts to simplify procedures for setting up businesses, as well as improving access to credit and protecting minority investors.

The entry of Mayfair Bank Limited will broaden the choices available to the Kenyan banking public and enhance the competitive environment in the banking sector.

The website also provides consumers with a simplified, as well as an advanced Total Cost of Credit (TCC) calculator to inform consumers of their decision-making prior to taking up loan products.

But the shocking empty shelves of supermarkets comes under the backdrop of reports that 1.2 million bags of maize arrived in the country on Monday this week aimed at addressing the crisis.

Quality, productivity and profitability are inseparable and all serve the purpose of making service operations efficient

The National World Athletics Championships, on the other hand will field athletes in long and short distance races as well as other field events

Craft Silicon’s Little expands services outside Nairobi

Free Press Correspondent | Thursday, 22 Jun 2017 10:40 EAT

Customers can access Little Services by downloading the App from their Android play store, Windows phone store or iPhone App store

The jury reviewed over 200 nominations from 43 countries. After careful consideration, the finalists were selected for their extraordinary, innovative work to advance respect for diversity

ONE launches one-stop data tracking tool to reveal needs of world’s refugees

Free Press Correspondent | Thursday, 22 Jun 2017 09:17 EAT

The current humanitarian data system is struggling to offer an accurate picture of the impact of displacement on those forced from their homes and the countries that host them, ONE’s research revealed

Designed specifically to address education challenges in more rural areas, the SPIS is equipped with tablets, an electronic smart board and Internet connectivity

Safaricom announces new Brand Proposition

Lucy Mwihaki | Tuesday, 20 Jun 2017 13:09 EAT

Listed on the Nairobi Securities Exchange and with annual revenues in excess of Kshs 200 Billion, Safaricom invested Kshs 38 billion in building its network last year, providing over 80 per cent of Kenya's population with 4G, 3G and 2G coverage.

Safaricom increases SKIZA earning for Kenyan Musicians by 36 per cent

Julliet Mwihaki | Tuesday, 20 Jun 2017 12:31 EAT

The legal assistance will empower artists when it comes to negotiating their contracts with the various parties, allowing them to do so from a more informed view

The new product gives airlines end-to-end trip engagement via mobile, allowing them to develop more valuable and lasting relationships with their customers

Kenya trade expo in Ghana to boost intra-African trade

Lucy Mwihaki | Monday, 19 Jun 2017 16:54 EAT

According to the World Bank Doing Business Report 2016 Ghana made trading across borders easier by upgrading infrastructure at the port of Tema, and reducing the documentation and border compliance time for importing

CBA to acquire Crane bank Rwanda Limited

Free Press Correspondent | Friday, 16 Jun 2017 11:27 EAT

CBA is the largest privately- owned bank in East Africa and has been operating for over 54 years. CBA has a proud heritage and history as a refined financial services provider and through this acquisition is responding to the growing needs and desires of the bank's customers within the region

WorldRemit currently sends money to more mobile money accounts than any other operator in the world, enabling migrants to send money from their smartphones to the mobile phones of friends and relatives in over 140 countries.

Kericho resident wins BMW X1 in Kenya Breweries promotion

Joshua Mwangangi | Monday, 12 Jun 2017 17:01 EAT

This year over 290,000 people participated in the Red Dot Targeted Consumer Promotion, compared to 78,000 in the first edition of the promotion in 2015, affirming the brand’s crucial role to engage its customers

“Equity started with brick and mortar approach, opening branches in remote areas. The bigger question was how to get even closer to the people? This led to the introduction of the Agency Banking, and now, being next to the people, Equity has made going to a bank much less intimidating,” she said.

Communication Authority to roll out National Addressing System

Jack Otwala | Wednesday, 07 Jun 2017 12:07 EAT

CAK has formed a NAS Strategy Development and Implementation Committee charged with the role of ensuring the establishment of a NAS with consistent and uniform standards throughout Kenya.

Secretariat tips nominees on winning OLX Social Media Awards

Liza Makena | Wednesday, 07 Jun 2017 11:36 EAT

The annual Olx SoMA Awards, which is in its fifth year, is used to recognize and reward individuals who have made good use of social media to positively impact society.

"Football is just one opportunity that allows us a company to connect with our customers around their content they love. We look forward to the start of the new season where we will continue to deliver the world’s most watched football leagues to our subscribers,”said Mr Wahome.

Safaricom to pilot 4G+, the most advanced network in Africa

Free Press Reporter | Sunday, 04 Jun 2017 14:15 EAT

4G+ technology allows peak download speeds of 150Mbps, while 4G is at 60-100Mbps. A 30-minute HD video takes a little over two minutes to download on 4G+, compared to eight minutes on standard 4G.

Safaricom puts Sh65 million in community sports initiatives

Free Press Correspondent | Sunday, 04 Jun 2017 14:06 EAT

“We use the event as a platform to promote the rights of disabled people, community integration and also as a platform for nurturing upcoming talent,” said Gideon Gachara, the Race Coordinator.

Kenya ranks 33rd among the cheapest countries for flights

Jack Otwala | Sunday, 04 Jun 2017 13:57 EAT

Kenya ranks in position 33, with an average flight cost of US$11.64 per 100 km of travel, factoring in both short haul and long haul journeys. This compares with the most affordable country, Malaysia, averaging a flight cost of $4.18 per 100 km of travel.

CAK statistics indicates that among the most popular social media platforms are Facebook with over 6 million active users, Twitter (1.7million), Instagram (2 million), LinkedIn (I.3 million) and Snapchat, which has about 500,000 members.

The Committee concluded that overall inflation is expected to remain above the Government target range in the near term due to elevated prices for some food items. Nevertheless, the prevailing policy stance had reduced the threat of demand driven inflation.

Troubled pyrethrum company strategizes to increase production

Jackson Okata | Tuesday, 30 May 2017 16:50 EAT

In a  press release sent by the company management  farmers are now advised to  expand their crop acreage by using pyrethrum seedlings available in PPCK’s established nurseries through respective field officers and also utilize inter crop transfers.

The SDGs are a new universal set of goals, targets and indicators aimed at ending poverty, protecting the planet, and ensuring prosperity. They were adopted by UN member states in September 2015.

Coop Bank announces Sh12.7 billion profit, 50pc capital raise

Jack Otwala | Saturday, 27 May 2017 14:25 EAT

“We are confident the ‘Soaring Eagle’ transformation project’ will continue to provide us with the agility and resilience to achieve our strategic objectives even in the current tight operating environment,” the CEO said.

Sportsmen lead pack of  OLX Social Media Awards  2017 nominees

Mary Muthoni | Wednesday, 24 May 2017 14:47 EAT

The annual Awards are used to recognize and reward individuals who have made good use of social media to positively impact society. Voting for the nominees, which began yesterday will take a month and end ahead of the Gala Dinner on June 23 when winners will be announced.

Manufacturers' lobby launches TVET programme in Mombasa

Liza Makena | Wednesday, 24 May 2017 14:36 EAT

"I am glad to note that over 15 industries in the coast region have committed to take up interns and upgrade employees’ technical skills. We will also place over 60 graduates in industries in the coast region by June 2017,” said KAM Coast Chapter Chair Jinal Shah.

The aircraft, a next-generation turboprop, is renowned for steep approaches and short take-offs. These features make it suitable for use in domestic airports such as Diani, Malindi and Manda, as well as other airports in the East African region with relatively short runways

OLX social media awards 2017 nominees list is out

Liza Makena | Tuesday, 23 May 2017 11:31 EAT

Previous winners who will be the first crop of SoMA alumni to be lunched at the Awards Gala include telecommunication giant Safaricom, Daniel Ndambuki of the popular TV comedy show, Churchill Live show, Citizen TV Kenya, Afro-Pop band Sauti Sol and human rights activist Boniface Mwangi.

To participate, consumers must purchase 200ml, 300ml or 500ml returnable glass bottles of Coca-Cola, Fanta or Sprite and check under the yellow crowns for an eight-digit alphanumeric code. They will then send an SMS with the code to the short-code number 40111.

Safaricom opens regional hub for Eastern Kenya

Cynthia Gitau | Monday, 22 May 2017 17:50 EAT

To support the regional centre, the Kitengela shop will become the eighth standalone shop located in the region. In line with expanding population growth in the area, the shop will enhance customer experience while allowing customers to access Safaricom products and services conveniently.

NASA's talk of plebiscite at this tricky economic times quite unpalatable

Athanas Kipchumba | Sunday, 21 May 2017 16:09 EAT

However, Jubilee will have gotten the much-desired political lifeline, if the seemingly “disorganized” NASA focuses on “how to share power and its spoils,” and talks of referendum which many Kenyans consider as an affair that costs an arm and a leg.

Preparation continues for the CBA concour d'elegance 2017

Mary Muthoni | Saturday, 20 May 2017 16:11 EAT

Mr Pasha said that the success of the CBA Concours d’Elegance in Kenya has motivated CBA to sponsor the Uganda Classic and Vintage Auto Show in Kampala which will be held on Saturday 29 July at the Sheraton Hotel grounds in the Ugandan capital.

"Kenya is a perfect placed to be based due to its central African location and lively innovation scene. It is an honour to hand over the leadership of the Kenyan company to a CEO as experienced and accomplished as Adil”.

Speaking at the forum, the Cabinet Secretary, Ministry of Public Service, Youth and Gender Affairs Ms Sicily Kariuki, stated that the contribution of women to national development is key for the growth of the country.

PayPal grows in Kenya, driving 70pc of Equity Bank's diaspora revenues

Joshua Mwangangi | Tuesday, 16 May 2017 13:39 EAT

People prefer using PayPal because it is accepted on multiple platforms and is very secure. Once you’re registered and verified, you can buy items and make payments without having to enter your credit card details each time or requiring one to share their financial information with the sellers.

Fidelity Bank finally acquired by SBM Group of Mauritius

Jack Otwala | Thursday, 11 May 2017 10:00 EAT

Welcoming this acquisition, CBK Governor Patrick Njoroge said, “The entry of SBM Group into Kenya provides a welcome impetus to our banking sector. SBM will bring its experience and expertise from Mauritius and other markets, to enhance the competitiveness and resilience of Kenya’s banking sector".

The new service will enable customer to tap a special cards on a special machine at a point of sale and will be required to enter their M-PESA pin to complete the transaction. It sallow clients a high level of privacy since it will reduce errors that occur when payments are made at unintended till n

Japanese Emperor Akihito Awards CS Mohamed

David Jagongo | Wednesday, 10 May 2017 12:50 EAT

Ms Mohamed was instrumental in Kenya’s successful hosting the Sixth Tokyo International Conference on African Development Summit (TICAD VI) in Nairobi in August 2016. This was the first time ever for the conference to be held on African soil.

Guinness to reward loyal customers in new promotion

Cynthia Gitau | Monday, 08 May 2017 21:57 EAT

The system will then randomly select winners who will get a response of ‘SUBBED' or 'PLAY ON'. If the consumer is SUBBED, he/ she will then receive Instant airtime of either Sh100, 250, 500 or 1,000.

Equity Bank dominates Think Business Banking Awards

Liza Makena | Monday, 08 May 2017 12:31 EAT

“We aim to retain this victory in the future and translate this success into a deeper emotional connection with our customers by giving them freedom, choice and control with our product and service offering,” Dr Mwangi added.

Equity Bank teaches 5,000 students on good saving and investing habits

Priscillah Wanjiru | Wednesday, 03 May 2017 12:32 EAT

Equity branch managers of the respective branches led their teams in teaching and educating students how money management can help them gain financial freedom, and prepare them for the future. They encouraged the learners to start making the right financial decisions now.

Chase Bank sale attracts huge interest from Kenyan, foreign players

Cynthia Gitau | Tuesday, 02 May 2017 21:20 EAT

"The Shortlisted Investors and other respondents have been informed of the outcome of this process. Shortlisted Investors will be granted access to comprehensive confidential data that will allow them to develop a formal proposal for taking an equity interest in CBL," said the statement.

KenGen launches 158MW Olkaria V geothermal power plant

Nyambura Muthoni | Friday, 28 Apr 2017 17:27 EAT

The groundbreaking ceremony for Olkaria V also coincides with the commissioning of 75MW of Wellhead Units which is a success story in KenGen’s efforts to scale up the provision of green, reliable and affordable energy in the fastest way possible for national development.

French government, KAM provide green energy financing in East Africa

Priscillah Wanjiru | Friday, 28 Apr 2017 12:41 EAT

Cooperative Bank of Kenya, Diamond Trust Bank and Commercial Bank of Africa have enlisted as partner banks to the programme in Kenya, while Diamond Trust Bank (Uganda) and Bank of Africa (Tanzania) are the other partner banks in the region.

CBK has now welcomed the entry of international brands such as DIB into the Kenyan Banking Sector which will improve the sector and expand the offerings in the market. This also signifies the first entry of UAE Bank in Kenya to support the long-standing economic ties between Kenya and UAE.

Equity Bank rated most socially devoted financial brand in Kenya

Joshua Mwangangi | Tuesday, 25 Apr 2017 11:22 EAT

The Bank continues to invest heavily in social and digital platforms in a bid to reach out to its targeted audience and meet business objectives in different locations given its presence in six African countries and a wide network of branches.

Regulator wants answers from Safaricom on service interruption

Jack Otwala | Monday, 24 Apr 2017 16:44 EAT

CA director general Francis Wangusi said the regulator was reviewing the cause of the service interruption and would take action on Safaricom if it finds that the problem arose from technical failure. "We are waiting to get an explanation on what happened," he said.

World Bank launches Africa digital business acceleration program

David Jagongo | Thursday, 20 Apr 2017 18:02 EAT

The Group unveiled the the development in a news dispatch from Washington, distributed by the African Press Organization. With support from prominent African investment groups, XL Africa will help the 20 selected start-ups attract early stage capital between $250,000 and $1.5 million.

KEBS introduces special quality mark for Import goods

Jackson Okata | Thursday, 20 Apr 2017 17:42 EAT

The MD said that in order to expand testing capability in the country KEBS is in the process of establishing more laboratories in Kisumu, Eldoret  and Kisumu. He noted that the move will reduce cost for traders who at the moment have to travel to Nairobi to have their products tested.

Safaricom launches ‘TUNUKIWA’ promotion to reward loyal customers

Cynthia Gitau | Wednesday, 19 Apr 2017 18:23 EAT

To participate in the promotion, customers will be required to dial *444# from their Safaricom line to view daily offers. They can decide which bundle best suits them. Once they purchase their preferred offers, their airtime will be deducted from their airtime.

The report, which focuses on multinationals looking at entering, or already present, in Middle East and Africa, indicates that there was a 17 percent increase in the number of Fortune 500 companies in MEA in 2016 compared to 2015, with Johannesburg being the leading destination for Africa.

Econet Media CEO Joseph Hundah said, "We are seeing increasing integration across our related industries in telecommunications and media. Through our partnership we will be able to leverage our collective strengths to give customers a world-class video service through the fastest network in Kenya.”

Nominations open for 2017 OLX Social Media Awards

Liza Makena | Tuesday, 11 Apr 2017 12:37 EAT

Speaking on today’s launch, SoMA Director Martin Muli said the influential Awards will focus on celebrating achievements that have been realized in the digital space since 2013 while creating awareness on responsible use of social media ahead of the August General Elections.

The new online booking tool is a one stop shop for travelers, offering seamless access to services such as flight bookings and information, access to accommodation options and booking, insurance among other services.

NIVEA rolls out new antiperspirant in Kenyan market

David Jagongo | Friday, 07 Apr 2017 16:53 EAT

“Today’s woman wants a deodorant that will fully protect them while at the same time caring for their underarm skin,'' said Beiersdorf Marketing Director for Central, East and West Africa, Francis Afulani.

Over 170 million people in Africa access Facebook every month

David Jagongo | Wednesday, 05 Apr 2017 16:34 EAT

Facebook executives Carolyn Everson, VP Global Marketing Solutions and Nicola Mendelsohn, VP EMEA, attended the launch of the new office together with Ntshingila, the firm saisd in a press news item dispatched by the African Press Organization (APO).

The Big Bolero Pick Up is a 9 foot cargo body vehicle retailing at Sh1.95 million per unit is also available on a pay-as-you-use arrangement, which Kotecha described as a flexible leasing solution.

Chandaria Industries wins 2017 Energy Management Awards

Cynthia Gitau | Tuesday, 04 Apr 2017 18:10 EAT

“We need to embrace energy efficiency as a nation in order to save on energy costs and achieve vision 2030. As a ministry, we have invested about Sh360 million in energy management. We are doing almost 50 percent of our energy from geothermal sources and about 40 percent from hydro sources,” said En

The budget also proposed other tax measures aimed at growing local industry and enhancing our competitiveness. To cushion the local manufacturers of pesticides input, the government proposed to exempt these products from VAT, and to include 16 percent tax on all pest control imported products.

Safaricom opens 46th retail shop at Two Rivers

David Mutua | Friday, 31 Mar 2017 21:58 EAT

The Safaricom Two Rivers Retail Shop will cater for clients of Two Rivers Mall as well as the catchment areas of Ruaka, Redhill, Kabuku, and Limuru reducing the very heavy footfall experienced in Village Market Shop which will remain operational.

CBK blocks Chase Bank owners from buying back bank

David Mutua | Thursday, 30 Mar 2017 17:04 EAT

In an announcement that came on the same day that CBK extended the appointment of the KDIC as the receiver manager for Chase Bank (IR), the regulator invited interested investors to present an initial Expression of Interest (EOI) to take an equity interest in Chase Bank (IR).

Total Kenya records Sh3.9 billion profit before tax

Cynthia Gitau | Wednesday, 29 Mar 2017 12:32 EAT

“The improved financial performance has mainly been driven by action plans set by management to grow the business in all segments, effective management of working capital requirements, costs, cash, and investments in safety and profitable business ventures,” said CEO Anne-Solange Renouard.

Expo on energy efficiency kicks off in Nairobi

Edith Kariuki | Wednesday, 29 Mar 2017 12:11 EAT

"KAM has played a key role in steering this course to ensure that industries and domestic users take up energy efficiency measures. That will ensure we achieve our sustainability goals. To this effect, the Government has channeled Sh360m towards energy conservation and efficiency," the PS said.

European Investment Bank gives Sh10.45 billion for East African entrepreneurs

Priscillah Wanjiru | Wednesday, 29 Mar 2017 10:04 EAT

Equity CEO James Mwangi said, "With this facility we will be in a position to support up to 1000 regional companies with an average loan of nearly Sh10 million each thus assisting develop local entrepreneurs to compete at regional level furthering integration and cross border trade."

''Inward remittances reached a record value of just under $161m in November 2016, according to the Central Bank of Kenya, making it one of the nation’s top earners'', says the report, released to mark the the 10th anniversary of M-PESA, the biggest mobile money service in Kenya.

Speaking during the release of the group’s full year financial results for 2016, Britam Group Managing Director Dr Benson Wairegi said that the Group had unveiled a new strategy that will help propel the company to the next phase of growth.

High Court extends Imperial Bank's statutory management

Jack Otwala | Friday, 24 Mar 2017 19:55 EAT

This followed agreement between the shareholders, Kenya Deposit Insurance Corporation (KDIC) and Central Bank of Kenya (CBK), that it was necessary for the KDIC to be accorded more time to resolve the receivership.

Govt, industry study urges Kenyans to pay debts

Nyambura Muthoni | Thursday, 23 Mar 2017 18:06 EAT

"We welcome the idea of the government stepping in as a regulator; it will be a win-win situation for all of us. The challenge for suppliers has been in trying to understand why there are cash flow issues, whereas goods in the supermarket are bought in cash", he said.

StarTimes Digital introduces new product in Kenyan market

David Jagongo | Monday, 20 Mar 2017 15:08 EAT

StartTimes, who have operated in Kenya for five years, said StarTimes Digital TV is also designed to save upto 50 percent power, allowing subscribers to enjoy better viewing experience with less living costs.

Kenya to get two more commercial banks, taking number to 44

Edith Kariuki | Monday, 13 Mar 2017 16:56 EAT

"The entry of these banks on the fulfillment of all the pre-licensing conditions will expand the range of banks’ business models and underscore Kenya’s growing stature as a regional financial services hub," CBK said.

Hass Group to build Africa's tallest building in Nairobi

Martha Kwamboka | Friday, 10 Mar 2017 09:31 EAT

The record-breaking mixed use development will include Grade A offices, a 5-star Hilton hotel, plus a luxury retail and entertainment complex. Standing over 300 metres high with 67 storeys, the tallest tower is designed to represent the height of African achievement.

In-Vitro Laboratory to boost environment conservation efforts

Cynthia Gitau | Wednesday, 08 Mar 2017 17:50 EAT

The second phase will involve the development of a log yard, a saw mill, workshops and fuel stations, a timber processing industry and warehouses. This will be geared towards processing timber bought from households engaged in Melia Volkensii plantations.

KenGen to turn 92-year-old antique hydro-power plant into heritage site

Nyambura Muthoni | Wednesday, 08 Mar 2017 17:38 EAT

“The hydro-power plant and its associate external components like the dam, Thika River and the water falls, which will form the basic display areas, will be preserved with minimal changes so as to present them in the most authentic manner,” said Dr. Kibunjia.

“Our strategy is to continuously provide customers with more of their favorite content. The new team will play major a role as part of the wider team in delivering the experience our customers deserve, and we are determined to put this at the center of our internal culture and values,” said Isaboke.

Dutch firm to introduce high-yielding potato variety in Kenya

David Jagongo | Tuesday, 07 Mar 2017 13:33 EAT

The millions of small-scale farmers in Africa who grow potatoes to provide themselves with sustenance buy their seed potatoes on the local market. The average yield per hectare ranges from 5 tonnes of potatoes per hectare in Uganda to 15 tonnes in Kenya.

Riding on more power out, KenGen expects increased profits

Cynthia Gitau | Monday, 06 Mar 2017 14:56 EAT

The project to be funded by the Japanese International Cooperation Agency (JICA) to a tune of Sh40 billion will inject an additional 158MW to the national grid. It involves construction of two geothermal power units of 79MW each.

Kenyan mango farmers urged to take advantage of Chinese market

David Jagongo | Sunday, 26 Feb 2017 16:24 EAT

He was quick to take note of the fact that most Kenyan mango-growing farmers did not have the capacity to grow the fruit in large quantities for export. "We are ready to help the farmers through  improving capacity, value addition, transfer of technology and opening up of the Chinese market.

French govt initiates fund to green East Africa industry

Jack Otwala | Friday, 24 Feb 2017 18:28 EAT

SUNREF East Africa includes a provision for green credit lines provided to local banks in the three countries i.e. Kenya, Uganda and Tanzania of more than Eur 35 million. BOA-T is the first bank to sign for a USD11 million credit line dedicated to energy efficiency and renewable energy sector.

Equity Bank expands Tanzania footprint with Zanzibar branch

Jack Otwala | Monday, 20 Feb 2017 09:28 EAT

Equity Bank Tanzania currently has 14 branches in operation, spread in Dar es Salam (Quality Center, Kariakoo, Golden Jubilee, Supreme, Mwenge, Temeke and Mbagala), Arusha, Mwanza, Dodoma, Moshi, Mbeya, Diaspora and Zanzibar.

Kenya Power, manufacturers meet to boost working relationship

Jack Otwala | Friday, 17 Feb 2017 10:49 EAT

"We have held regular engagements with our industrial customers under KAM in all regions across the country which has resulted into efficient utilization of power by industry thus enhancing energy security in addition to reduced complaints from our industrial customers,” said Kenya Power MD Ken Taru

Seeing that the SGR will average a speed of 120km/h, this translates to approximately 4.5hrs from Nairobi to Mombasa. This is quite commendable considering the trip currently takes almost 8hrs by road.

Banks launch mobile money platform, but MPesa remains king

Priscillah Wanjiru | Thursday, 16 Feb 2017 16:10 EAT

While there is a big number of using mobile platforms to move money through bank accounts, most users of the services reside in remote villages and have no bank accounts.

CBK wins top global award for its new website

Jack Otwala | Thursday, 16 Feb 2017 09:10 EAT

CBK Governor Patrick Njoroge said of the award: "In the redesign, CBK took into account the fact that the website is a key channel through which the institution seeks to provide diverse audiences with timely and accurate information on its mandate and policy actions.

President Kenyatta woos Slovakian investors to Kenya

Liza Makena | Tuesday, 14 Feb 2017 17:19 EAT

In technology, the two countries hope to share innovations, especially around the ease of doing business and money transfer. “Kenya is known for its tea and coffee, but it was fascinating to learn that the transfer of money in Kenya is much easier compared to Europe,” said Mr Kiska.

"Meeting like this ensure that we are aligned as a system, operating in unison to achieve a shared goal, allowing us to build both capacity and capability of the business and of our people," Mr Balogun said.

Renault unveils new SUV to rival RAV4, X-Trail and Pajero Mini on Kenyan roads

Free Press Correspondent | Thursday, 09 Feb 2017 16:08 EAT

“It’s absolutely stunning to look at with some striking features that are further enhanced by the awesome LED daytime running lights. Drivers will be hard pressed to get a better deal on a mid-sized SUV," he said.

Longhorn targets 10 million learners with exam revision app

Tobbie Wekesa | Sunday, 05 Feb 2017 19:24 EAT

Longhorn’s digital offering compliments the Sh17bn Government Digital Literacy Programme which aims to deliver 1.2 million tablets and laptops in 23,000 public primary schools.

Housing Finance to help non-salaried people access mortgages

Tobbie Wekesa | Sunday, 05 Feb 2017 19:18 EAT

A 2014 study by salary explorer found that an average salary in Kenya was Sh147,182, making it difficult for such individuals to set aside 30 percent of their earnings to comfortably service an average mortgage of Sh7.5 million.

Job creation is the main priority for manufacturers in 2017

Free Press Reporter | Monday, 30 Jan 2017 13:51 EAT

On elections Ms Mutahi said, “Elections are supposed to be a process and not a deterrent to our current democratic progress. Hence as the business community, we would like to see a show of leadership from both the opposition and current government in guiding a peaceful and transparent transition.”

Bank of Africa to send home 300 in February, setting panic in banking sector

Free Press Reporter | Friday, 20 Jan 2017 16:39 EAT

The bank will close at least eight of its 24 branches in Nairobi and double that number out of the capital. According to a senior official who spoke to us on condition of anonymity, the bank will fire at least 300 employees in February.

CJ Maraga seeks close links between Judiciary and business sector

Jack Otwala | Saturday, 14 Jan 2017 12:52 EAT

“The booklet will serve as reference material for those dealing with commercial cases. It includes best practices in handling commercial disputes such illicit trade, customs, standards and intellectual properties,” said the Chief Justice.

Mauritian bank SBM Group set to acquire Fidelity Bank

Free Press Reporter | Wednesday, 04 Jan 2017 15:39 EAT

CBK says the proposed acquisition will mark the entry of SBM Group into Kenya’s banking sector and enable the established group to bring its experience and expertise from Mauritius and other markets, to enhance competitiveness and the resilience of Kenya’s banking sector.

Autoxloo plans to extend their product promotion to the local markets of Johannesburg, Durban, Capetownand Port Elizabeth. Autoxloo welcomes resellers, agents and partnerships with active entities serving the automotive dealers in South Africa.

US-based IT firm servicing Kenyan banks under probe for bribery

Free Press Reporter | Saturday, 10 Dec 2016 16:33 EAT

Locally, Cognizant is working with KCB and Faulu Bank to assist with their core banking system transformation initiative. These institutions must pay close attention to this development in order to be prepared to ward off any negative consequences to them that may arise due to fallout of the probe.

Experts sound alarm on proposed finance law that would 'auction' Kenya

Free Press Reporter | Saturday, 10 Dec 2016 15:16 EAT

In comments to the international NGO Tax Justice Network, anti-corruption campaigner John Githongo has said that the proposed centre "would be like a financial crime aircraft carrier, self-contained and able to cause considerable damage”.

Japan delivers on its TICAD promise, hands East Africa road masterplan

Julius Chemitei | Thursday, 08 Dec 2016 18:14 EAT

In both Kenya and Uganda, about 95 percent of cargo freight is transported by track. But experts say it would be more efficient to transport large amounts of heavy freights, such as coal and construction material over long distance by railway, and oil products by pipeline.

Safaricom opens first regional headquarters in Nakuru

Jackson Okata | Wednesday, 07 Dec 2016 17:14 EAT

"Safaricom remains focused on offering the best customer experience with products and services that differentiate us from competition. The expansion of our services to the regions is aimed at engaging our customers from grassroots, which then helps us address issues faster," said Mr Collymore.

“The Partnership between Goraceit Technologies Ltd and Autoxloo brings a significant value addition to digital marketing services for Auto dealers in East Africa”, said the Lead Consultant at Goraceit Technologies Ltd., Mr Allan Wafula.

The African Development Bank to create 25 million jobs in East Africa

Soilan Kenana | Saturday, 03 Dec 2016 17:41 EAT

The bank is also organizing five Regional Ministerial Conferences on youth employment and entrepreneurship between now and 2017 and before the year ends three conferences will be held in West Africa, East Africa and North Africa.

KenGen plans Sh800 billion geothermal, wind plants

Oscar Ndunda | Thursday, 01 Dec 2016 13:16 EAT

Mr Mugo added that the new geothermal capacity of 280MW recently commissioned had improved the national installed capacity and enhanced overall system reliability, besides increasing the company’s revenues by 29% from Sh29.96 billion in 2015 to the current level of Sh38.61 billion.

Pioneer reintroduces new version of ‘Kenyan’ Equalizer

Soilan Kenana | Wednesday, 23 Nov 2016 18:05 EAT

“It is almost seven years now and we have seen tremendous growth in the market. This has been as a result of us strengthening our activities in Kenya and promoting more market oriented products,” he said at the event.

Pioneer Gulf FZE brings latest car infotainment to Kenyan market

Oscar Ndunda | Wednesday, 23 Nov 2016 18:04 EAT

Speaking at the launch today, Mr Muralidhar said the company has strengthened its relationship with Kenyan dealers and last year signed a service partnership with Sight and Sound Limited, which will provide after-sale services for customers with Pioneer Warranty Cards.

HF Group profits grow 10pc to Sh1.2 billion in nine months to September

Tobbie Wekesa | Wednesday, 23 Nov 2016 09:58 EAT

Earnings per share rose to Sh3.20 during the period compared to Sh2.98 in 2015, while the company’s loans and advances to customers increased to Sh53.9 billion up from Sh51.7 billion over the same period last year. Customer deposits grew to Sh41.6 billion compared to Sh37.6 billion in 2015.

Boon for SMEs as ICDC reduces interest rates lower than banks

Tobbie Wekesa | Wednesday, 23 Nov 2016 09:53 EAT

This year alone through project financing ICDC has created approximately 2,300 direct and indirect jobs in the manufacturing and agro-processing sectors.

KenGen to add 10MW from wind power, MD tells shareholders

Oscar Ndunda | Wednesday, 23 Nov 2016 08:50 EAT

He said, “It is our firm belief that the current focus on environmentally friendly technologies to generate energy for industrial and domestic use will improve its affordability and also increase energy security by reducing reliance on oil-based sources”.

ICT Authority scoops top award at MSK Gala Awards

Tobbie Wekesa | Monday, 21 Nov 2016 09:05 EAT

The award was as a result of the Authority’s implementation of the complex Digital Literacy Programme’s nationwide launches that saw all cabinet secretaries and principal secretaries traverse the 47 counties in remote schools to deliver digital learning devices through its PR and marketing agency PM

Kenyan students have more time to enter DStv competition

Tobbie Wekesa | Friday, 18 Nov 2016 19:55 EAT

Participants not only stand a chance to win great prizes within their respective countries but overall winners will be rewarded with a trip of a lifetime for the overall winning essay – a trip with his/her parent/legal guardian to Eutelsat in Paris, France and onwards to a spaceport to attend a live

Kenya’s first-ever manufacturing Expo & Summit Kicks Off

Free Press Reporter | Wednesday, 16 Nov 2016 19:16 EAT

KAM has positioned itself to play a critical role in engaging government towards the realization of industrialization in Kenya by supporting the growth of SMEs, creating jobs, enhancing competitiveness of the manufacturing sector through promotion of local industries and ensuring a level playing fie

It was alleged that the management had siphoned Sh34 billion in the fraud scheme within a period of 13 years as Janmohamed and associates had manipulated the bank’s software to hide the irregular transactions.

Kenyans benefit from US$100 million entrepreneurship programme

Free Press Reporter | Monday, 31 Oct 2016 19:33 EAT

Kabaddi has got very many variations. However, in the international team version, two teams of seven members each occupy opposite halves of a field of 10 by 13 metres (33ft x 43ft) in the case of men and 8 by 12 metres (26ft x 39ft) in the case of women.

The company which serves about 25,000 cane farmers has been experiencing lean times with a section of farmers calling on President Uhuru Kenyatta to disband the current Board of Management.

Karanja Kirumba wins Subaru XV in KBL promotion

Free Press Reporter | Monday, 24 Oct 2016 14:10 EAT

“I was over joyed and immediately called my wife to share the good news. Although I have always desired to have a newer car, I never imagined that I could be the owner of a brand new car this soon. I intend to keep it as an asset that will not only ease my movement, but also help grow my business”,

The CEO attributed the decline to low incomes. “We have also lost a lot of subscribers in the last year in sub-Saharan Africa, people have just not been able to afford it,” he said.

NBK targets the unbanked with new SME account

Soilan Kenana | Friday, 14 Oct 2016 18:43 EAT

Some of the products that National Bank has launched under this unit are the Jenga Chama, Jenga Kilimo and Jenga Biashara plus loan accounts to fast-track its Small Enterprise banking outreach campaign.

Huawei sponsors nine top ICT students for China study

Tobbie Wekesa | Thursday, 13 Oct 2016 18:02 EAT

During the two weeks spent in China, the students will study and gain work experience as well as enable them gain exposure to Chinese culture and cross-cultural work experience in a globalized business environment,” said Mr Yu.

Whether listening to music or simply making a phone call, these platforms provide seamless smart phone integration to meet different customer requirements and enhance the driving experience.

Planning to buy property? Avoid Thika, Syokimau and Mlolongo

Tobbie Wekesa | Tuesday, 11 Oct 2016 04:57 EAT

Nairobi property prices increased by 1.2 percent in the third quarter, according to Sakina Hassanali, the HassConsult head of research and marketing, which was a slower increase than the 4 percent that was posted in the second quarter.

Housing Finance to put up Sh5 billion apartments in Kasarani

Tobbie Wekesa | Tuesday, 11 Oct 2016 04:48 EAT

Other HFDI projects include Komorock 5A and Komarock 5B (maisonettes), Komarock Heights (apartments), Richland (apartments) along Kamiti Road, Precious Gardens (apartments) in Riruta and K Mall.

Samsung Electronics in top ten best global brands

Free Press Correspondent | Monday, 10 Oct 2016 18:17 EAT

Samsung Electronics has once more been named amongst the world’s Top Ten brands and the only mobile, TV and home appliances manufacturer to make it to the list for 2016.

ShowMax pioneers new approach to mobile video in Kenya

Free Press Correspondent | Wednesday, 05 Oct 2016 15:38 EAT

ShowMax features local favourites such as Real Househelps of Kawangware, Churchill Live, Auntie Boss, and Kona, as well as popular series and movies from Hollywood like Mr Robot, Brooklyn Nine-Nine, Blue Bloods, and The Good Wife.

Capital Markets Authority launches resource centre portal

Free Press Reporter | Wednesday, 05 Oct 2016 10:00 EAT

The resource is available at the address www.cmarcp.or.ke. It is interactive and allows visitors to give the Authority their feedback or ask questions.

“Kenya’s debt is something to watch. The country needs to slow down on spending and external borrowing,” Renaissance Sub-Saharan Africa Economist Yvonne Mhango said.

Safaricom partners with social media group to bring businesses online

Free Press Correspondent | Tuesday, 04 Oct 2016 11:52 EAT

The platform will be used to sensitize the youth on job and entrepreneurship opportunities. More than 500 young people will be trained on a variety of services they can offer to businesses through the internet.

German envoy launches solar panels shop in Kakamega

Free Press Correspondent | Wednesday, 28 Sep 2016 11:10 EAT

The joint venture with Chloride Exide is expected to help Mobisol’s expansion since Mobisol is able to access the already established sales and distribution network of Chloride Exide. The joint strengthen existing supply partnership between Chloride Exide and Mobisol.

Kantar launches Kantar Public to serve government sector

Free Press Reporter | Wednesday, 28 Sep 2016 11:01 EAT

As part of this global move the Kantar Public Development Practice will be launched shortly in sub-Saharan Africa headquartered in Nairobi, continuing the company's work to bring about more effective development through locally based high quality and innovative evaluation and research.

How social media is transforming the way we do business

Martin Muli | Friday, 23 Sep 2016 21:35 EAT

Invoking the award that is won through a public vote also gives winners influence and respect and opportunity to up your rate card. Your influence is your currency. When your influence is validated amongst your peers by the community that you engage, then your brand endorsement rates have to resonat

KenGen, Sarova and Eenovators shine for Kenya at World Energy Engineering Congress

Free Press Correspondent | Thursday, 22 Sep 2016 15:20 EAT

The Energy Manager of the Year is among the 10 categories, and is presented to an individual for outstanding accomplishments in promoting the practices, principles of energy management and development, and for superior service to the Association

Sugar imports increase by 67 per cent to address a deficit by millers

Martha Kwamboka | Friday, 16 Sep 2016 16:42 EAT

Kenya’s sugar consumption has increased by three per cent in the last one year, pushed up by population growth. Statistics from the sugar directorate indicate that consumption stood at 889,233 tonnes in 2015 from 860,084 tonnes the previous year.

Govt, private sector join to combat illicit trade

Free Press Reporter | Friday, 16 Sep 2016 15:44 EAT

The Organisation for Economic Co-operation and Development (OECD) estimates that EAC governments lose over $500 million in tax revenue annually due to the influx of counterfeit and pirated products.

Remarkable year for tea farmers as bonuses hit Sh84 billion

Martha Kwamboka | Wednesday, 07 Sep 2016 17:25 EAT

Farmers in Kiambu and Thika will rake in Sh12 billion up from Sh8 billion, while those in region seven that covers Kitale and Nandi will earn Sh2.2 billion up from Sh1.3 in the previous year.

Isiolo International Airport to be ready by January 2017

Oscar Ndunda | Monday, 05 Sep 2016 17:46 EAT

Meru, Garissa, Mandera, Marsabit, Samburu, and Tana River may in future rely on commuter links from the airport, which will also boost commerce in the region and ease export of meat and agricultural products.

The ISO 9001:2015 is the world’s most widely recognized standard for quality management systems whose latest revision was published in September last year.

Citing high production costs resulting from high energy costs, prohibitive and unchecked imports. Other companies that have relocated over the past 10 years include Colgate Palmolive, Unilever, Johnson & Johnson, Procter & Gamble and Reckitt & Benkiser.

Zuku to offer new customers 90 days free TV viewing

Jack Otwala | Thursday, 01 Sep 2016 10:26 EAT

After the 90 days expire, customers will have the option to retain the current bouquet for Sh399 or to upgrade to other packages available such Zuku Classic and Zuku Premium for Sh999 for 72 channels and Sh1399 for 99 channels respectively.

Trans Mara Sugar looking to increase production through equipment leasing system

Free Press Correspondent | Wednesday, 31 Aug 2016 09:53 EAT

The Sh50 million lease agreement between Trans Mara Sugar Company and Quipbank Trust Limited and Tata Africa Holdings Limited was planned to reduce on post-harvest losses occasioned by delay in delivery of cane to factories.

Bomet, Kericho to have reliable power after Ketraco project

Free Press Correspondent | Tuesday, 30 Aug 2016 14:52 EAT

Construction of the 132 kV substation will reduce the power outages as the station had double circuit lines which ensure uninterrupted power supply in the case of ongoing power repairs on some lines.

The signing of the Bill was only the first step in an expected bruising battle between the public and banks. While the law's implementation will start immediately, it will take at least a few months before the Central Bank comes up with regulations to govern the broad principles in the Act.

The future of oil and gas exploration and production in Kenya and the region is very promising. Recent oil and gas discoveries in Kenya and Uganda have made the East African region attractive for companies that offer drilling services.

Alexander Forbes Vuna Pension Plan registers 14 per cent growth in assets

Free Press Reporter | Tuesday, 23 Aug 2016 13:12 EAT

“Even though it has been a difficult market for investors, Vuna membership and asset growth has been on the increase, a clear demonstration that this product we are offering is what the market needs”, Ms Okinda said.

The bank also reported an increase in the customer base from 9.7 million accounts to 10.7 million accounts during the year. Customer deposits in the Kenya grew by 10 per cent to Sh259 billion up from Sh236.4 billion.

Kidero holds talks with manufacturers association

Free Press Reporter | Friday, 19 Aug 2016 21:53 EAT

Dr. Kidero acknowledged the issues presented by the BMOs stating that the issues raised today will make a lot difference in making Nairobi County a better investment destination.

Mumias, Nzoia sugar companies clash as cane shortage bites in Western belt

Free Press Correspondent | Friday, 19 Aug 2016 18:58 EAT

“Mumias managers know well that they are harvesting in our zone and we won’t allow it. They are using goons and police officers to harass our farmers. If they continue with that trend we will also be forced to handle them as they come."

Britam expands its services in Tanzania

Free Press Reporter | Monday, 08 Aug 2016 11:51 EAT

Mr Wandera said this was part of the Britam group’s overall strategy of expanding its general insurance business and widening its foot print in Tanzania, while tapping into the un-insured segments of population.

For example, measures on the cleanliness and pathogen-free status of food known as sanitary and phytosanitary measures cover more than 60 percent of agricultural trade.

The passage and effective implementation of the bill would address trading challenges between millers and farmers which are common in the cereal and wider agricultural sector.

Airports Authority appoints Norwegian as CEO

Lemmy Bramwel | Thursday, 14 Jul 2016 16:11 EAT

Mr Andersen takes over from Yatich Kangungo who has been serving on an acting capacity as the MD from June 2015. This is after he took over from Lucy Mbugua was shown the door over an 11 million shilling bus leasing scam.

AutoXpress appointed as Mitsubishi authorized parts and service centre

Derrick Kiraka | Thursday, 14 Jul 2016 16:10 EAT

This collaboration is a power move by Simba Corporation that seeks to perch it top among suppliers of vehicle and spare parts.

The news has revealed the acute level of unemployment in Kenya even as official statistics indicate a high rate of job creation. The news generated buzz on social media, with many Kenyans expressing concern at the slow rate of creation of formal sector jobs.

Tanzania to host this year's MOBILE 360 series - Africa Conference

Free Press Reporter | Wednesday, 13 Jul 2016 20:57 EAT

The GSMA chief marketing officer, Michael O’Hara said during the conference, the CEOs and senior executives from leading mobile companies and from players across the digital ecosystem will address the most pressing mobile trends and issues.

Opposition raises alarm on sweeping changes to VAT Act

Cyrus Mutai | Tuesday, 12 Jul 2016 19:16 EAT

Kenyans are heading to a harder economic times with every item being slapped with a tax which is a concern to everyone in the country and, according Mbadi, members of parliament are the ones to save this country.

Alexander Forbes retirement fund expands to Real Estate

Waithera Murugi | Monday, 11 Jul 2016 13:27 EAT

Alexander Forbes Retirement Fund Board of Trustees chairperson Lucy Kambuni said the fund will continuously invest in projects that benefit members through innovation and real estate sector which has proved to be an asset class that has continuously posted positive returns over the long term.

Kenya’s retail sector on the rise

Oxford Business Group | Saturday, 09 Jul 2016 23:50 EAT

The dramatic rise in formal retail space has helped attract new foreign investors in the sector. In mid-May Carrefour, the world’s second-largest retailer, opened its first outlet in Kenya, its first in sub-Saharan Africa.

UBA Bank reaches to Kenyatta University in major expansion drive

Waithera Murugi | Saturday, 09 Jul 2016 23:42 EAT

UBA will provide an array of financial products tailored to KU’s unique needs such as collection accounts, tax payment management, various financing and investment opportunities for the University.

KenGen’s historic rights issues begin trading at NSE

Waithera Murugi | Wednesday, 06 Jul 2016 18:57 EAT

Speaking during the event, Nairobi Securities Exchange CEO Geoffrey Odundo congratulated KenGen for continuously using the capital markets to strengthen its capital base and fund its expansion strategy.

What is in a number plate?

Cynthia Irandu | Wednesday, 06 Jul 2016 18:33 EAT

Digital number plates are not only trendy, but also crucial in ensuring security.

Nandi County scores first in electronic revenue collection

Free Press Correspondent | Wednesday, 29 Jun 2016 18:20 EAT

Nandi County Government has rolled out an electronic financial management system, the first in the counties

Keter lauds KenGen's employee-led innovations

Waithera Murugi | Wednesday, 29 Jun 2016 18:13 EAT

Energy and Petroleum Cabinet Secretary Charles Keter has lauded KenGen for championing employee-led innovations.

Ethiopian PM visits Olkaria Power Station

Free Press Correspondent | Friday, 24 Jun 2016 19:42 EAT

Ethiopian Prime Minister Hailemariam Desalegn, who is on a three-day state visit to Kenya, today visited Olkaria, the largest geothermal power plant in Africa.

Strathmore University system robbing Taita Taveta of revenue, county assembly rules

Free Press Correspondent | Thursday, 23 Jun 2016 18:57 EAT

The Taita Taveta County government has suspended the use of a computerized revenue collection system run by Strathmore University, blaming the system for reduction in tax earnings since the system was introduced in April 2015.

Budget tax goal too ambitious, says ICPAK

Jack Otwala | Sunday, 19 Jun 2016 11:28 EAT

ICPAK vice chairman, Julius Mwatu, said an assessment of the expenditure priorities contained in the 2016/2017 budget estimates has attracted several questions around the expenditure planning for the country.

The PMG said that they have recently launched the Coastline Bus Service and have already acquired two buses of an expected total of thirty. Currently, they operate on the Busia route, while awaiting the other buses, for national rollout.

Manufacturers decry poor state of roads in Industrial Area

Free Press Reporter | Thursday, 16 Jun 2016 15:10 EAT

The Kenya Association of Manufacturers today hosted a site visit to Industrial Area

Kimani has resigned just eight months into the job, saying that while Uchumi was on the right track, it did not offer him an opportunity to grow and that he would be more challenged at Naivas.

Heritage unveils campaign strategy to deepen brand

Jack Otwala | Tuesday, 07 Jun 2016 13:11 EAT

Heritage Insurance Company Ltd has unveiled a campaign strategy that is geared towards entrenching the company’s brand in Kenyan and East African markets

Local taxi operators, under pressure from Uber, launch own app

Waithera Murugi | Tuesday, 07 Jun 2016 09:09 EAT

After intense and ugly wars with American Uber app service provider, traditional taxi operators have now come up with their own app, called Taxify, which they expect to steal Uber’s thunder.

Private sector created more jobs in May

Jack Otwala | Tuesday, 07 Jun 2016 08:55 EAT

Kenya’s private sector remained in good health during May, as business conditions improved solidly as both output and new orders increased, according to the latest Purchasing Managers’ Index (PMI) data released by CfC Stanbic Bank.

Rotich to present Sh2.3 trillion budget

Jack Otwala | Tuesday, 07 Jun 2016 08:54 EAT

Henry Rotich, the cabinet secretary for finance, will present today a Sh2.3 trillion budget for the 2016/2017 financial year.

Experts call for clarity in Tax Procedure Act

Jack Otwala | Tuesday, 07 Jun 2016 08:48 EAT

Experts have called on the government to clarity inconsistent areas of Tax Procedure Act 2015 to make the law more efficient in raising awareness and compliance by taxpayers.

Public debt set to surpass Sh3 trillion mark

Jack Otwala | Tuesday, 07 Jun 2016 08:45 EAT

Michael Wambugu PKF Partner says Kenya’s public debt-to-GDP ratio is 41 per cent – which is by any standards still manageable.

Crown Paints rolls out new products

Free Press Reporter | Tuesday, 07 Jun 2016 08:43 EAT

Crown Paints has rolled out a range of Zero VOC paints as its strategy to increase its market share through innovative products that meet the ever increasing demand in the East African region.

Unlike other powers, China gives more trade than aid

Jack Otwala | Friday, 03 Jun 2016 08:23 EAT

The study says that Chinese aid may continue to play a bigger role over time because Kenya’s foreign aid flows are volatile. “The coefficient of variation of Kenya’s aid is 74.19 between 1960 and 2013 the coefficient of variation for Sub-Saharan Africa is 64.71 over the same period.

After decades of sloth, American cars taking Kenya by storm

Free Press Reporter | Tuesday, 31 May 2016 09:59 EAT

The brand is expected to step up competition for German car manufacturer Porsche, which reported strong sales of its sporty models since launching operations last year.

NSE recommits to corporate integrity

Jack Otwala | Tuesday, 31 May 2016 09:27 EAT

The Nairobi Securities Exchange (NSE) has recommitted itself to embrace, support and enact a set of core values in areas of human rights, labour standards, environment and anti-corruption after joining the world corporate sustainability initiatives.

ShowMax expands internet TV service to Sub-Saharan Africa

Shadrack Kavilu | Monday, 30 May 2016 09:04 EAT

ShowMax, the internet TV service launched in August 2015, has expanded its footprint to 36 additional countries across sub-Saharan Africa.

Sidian Bank, Uber in Sh10 billion taxi partnership

Jack Otwala | Monday, 30 May 2016 09:01 EAT

The online taxi company Uber has partnered with Sidian Bank in a Sh10 billion programme that will give drivers, fleet partners and business investors’ the chance to access high quality vehicles they need to start or grow their Uber-based businesses.

After South Sudan success, Co-op Bank eyes four new markets

Jack Otwala | Monday, 30 May 2016 08:59 EAT

The Co-operative Bank of Kenya plans to enter into Rwanda, Ethiopia and Tanzania through the same model it used to South Sudan.

Superior Homes Kenya ventures into the tourism sector

Shadrack Kavilu | Monday, 30 May 2016 08:32 EAT

Greenpark estate comprises of five house types for sale; the Quarter Villas, Semi - detached Maisonettes, Bungalows, Super Bungalows and Villas with prices ranging from Sh9.5m to Sh36.7m.

Trans Nzoia’s strategy to build its own roads a first for counties

Free Press Reporter | Saturday, 28 May 2016 19:42 EAT

In a bid to rev up road construction and cut costs, the Trans Nzoia county government has purchased construction and maintenance equipment worth over Sh500 million.

Emirates Airlines to fly to Mombasa

Free Press Correspondent | Saturday, 28 May 2016 11:04 EAT

Mombasa is set to become the 151st destination for the Emirates Airlines after governor Hassan Joho met with the company’s senior officials in Dubai

Kenya’s bank technologies ranked third in Africa

Jack Otwala | Tuesday, 24 May 2016 15:16 EAT

The Central Bank of Kenya (CBK) has lauded Interswitch team for adopting fraud management tools that are of the highest standards for the payment cards industry.

One million jobs still a mirage, survey shows

Jack Otwala | Tuesday, 24 May 2016 15:11 EAT

Kenya created 841,600 jobs in 2015, according to the Economic Survey just released. Of these, only 128,000 jobs, or 15 percent, were in the modern sector.

Kenya to grow at 6pc, Central Bank predicts

Jack Otwala | Tuesday, 24 May 2016 14:43 EAT

CBK Governor Dr Patrick Njoroge said the drivers of growth will on macroeconomic stability, stronger agriculture performance, public infrastructure investment and tourism recovery.

Incidents of insurance fraud on the rise in Kenya

Jack Otwala | Tuesday, 24 May 2016 11:54 EAT

According to Insurance Regulatory Authority (IRA), medical insurance and workmen’s compensations statistics rose phenomenally from 2014 compared to 2015 in the two areas.