Business News
Star Business: Nakuru and China Commerce bodies sign MOU
03 May 2011 - THE Nakuru Business Association (NBA) and China’s Henan Chamber of Commerce have signed a Memorandum of Understanding to promote trade exchanges and cooperation in the two...
 
Star Business: Sameer blames row material cost for low profit
03 May 2011 - Sameer Africa hopes to post better results this year  compared to the Sh 57 million after tax profit registered in 2010, delegates at the company's annual general meeting...
 
Star Business: Small banks offer better customer service - Survey.
03 May 2011 - Small Banks are making the best out of their size by building personal relationships with their customers to stay in business. A banking survey has shown that smaller...
 
Star Business: EAC industrialisation policy in final stages
03 May 2011 - THE East African Community partner states are set to launch a uniform industrial policy expected to stimulate investments and trade in the region. The policy, expected to ...
 
Star Business: KPLC pre-paid meters to be increased
02 May 2011 - Kenya Power and Lighting Company is accelerating the national roll out of pre-paid meters system aiming to install 180,200 meters in the next few months. So far about 62 000 meters...
 
Star Business: KQ passenger numbers up by 12.5% in first quarter
02 May 2011 - KENYA Airways’ has recorded a 12.5 per increase in passenger traffic between January and March credited to its aggressive routes expansion it undertook last year...
 
Star Business: Bad policies hurting economy- Cheserem
02 May 2011 - The chairman of the Revenue Allocation Commission (RAC) Micah Cheserem has said bad policies have contributed to slow economic growth and declining food production the country.Cheserem...
 
Star Business: Kenyans set for S.African tourism show
02 May 2011 - South Africa’s annual travel and tourism tradeshow, INDABA, which has attracted major players in Kenya’s tourism sector will open on Friday.Local hoteliers, game lodges...
 
Star Business: Survey names BAT as most 'family friendly'
02 May 2011 - Most Kenyan companies lack policies that support the well-being of the employees’ families. This in turn affects workers productivity as they struggle to balance between...
 
Star Business: Semen export hurting local livestock farmers
02 May 2011 - LOCAL  livestock breeders have been blamed for shortage of semen in the country which threatens the dairy sector. According to Jimmy Brooks, Chairman Livestock Breeders...
 
Star Business: Mobile portability yet to excite subscribers
02 May 2011 - ONE month after the launch of Mobile Number Portability, significant headway in the number of subscribers moving across networks is yet to be made. Statistics released towards...
 
Star Business: Government and Bamburi Cement sign land deal
02 May 2011 - The government has signed a lease with Bamburi Cement Company in which the company will donate a piece of land to the Tourism ministry through the Kenya Tourist Development...
 
Star Business: Museveni Cannot Do Much On Fuel Prices
30 Apr 2011 - There are a great many things that you can say about Uganda’s president Museveni, and I have said plenty of them, including lots of snarking about those silly safari hats. ...
 
Star Business: Maize prices will not reduce despite tax cuts - Millers
30 Apr 2011 - Prices of maize flour will not reduce despite the scrapping of duty announced by the government this week, millers have said. They said importation of duty free...
 
Star Business: Kenyan shilling steady
30 Apr 2011 - The Kenyan shilling was stable against the dollar on Friday but traders expected it to gain ground next week on tight supply and as the Central Bank allows currency appreciation to battle stubbornly...
 
Star Business: Kasneb to review new exam syllabus
30 Apr 2011 - The accountancy professional examinations body Kasneb will commence a mid-term review of its new examinations syllabuses beginning July 2011. The review is meant to address emerging ...
 
Star Business: Customer numbers push Equity's profits
30 Apr 2011 - Equity, Kenya's biggest bank by customer base has announced 87 percent jump in first-quarter profit after tax driven mainly by transaction fees and increased loan uptake. It made...
 
Star Business: Nakumatt reduces opening hours
30 Apr 2011 - Reduced purchases due to tough economic times is now impacting on businesses forcing them to adjust their operations. Retail chain Nakumatt is feeling the impact of low consumer spending...
 
Star Business: Mara flights increased
30 Apr 2011 - Tourism at the Coast has received a boost after Mombasa Air Safaris increased its fleet to the Maasai Mara. The airlines managing director Mohamedali Harunany said the 32-seater DC3TP Turbo-Dakota...
 
Star Business: KQ in talks with Tanzania for extra space
30 Apr 2011 - KENYA Airways is in talks with Tanzania to secure additional parking space for its increased fleet in case the ongoing expansion of the Jomo Kenyatta International Airport is...
 
Star Business: Food and fuel prices push inflation to 12%
30 Apr 2011 - The inflation rate has risen for the sixth straight month to a double digit driven by high food and fuel prices. Latest figures from the Kenya National Bureau of Statistics ...
 
Star Business: KRA faces uphill task to meet full year revenue target
29 Apr 2011 - THE Kenya Revenue Authority has only got three months to collect a total of Sh196.7 billion in revenues if it is to meet its 2010/2011 financial year target. KRA...
 
Star Business: Manufacturers oppose State's new wage plan
29 Apr 2011 - Manufacturers have termed the  Government's planned wage increase as ill-advised saying it will force them to pass the cost to consumers or cut their workforce.The Kenya...
 
Star Business: APA launches new car cover
29 Apr 2011 - APA Insurance has launched a motor insurance cover whose premiums can be paid in installments.  In the cover dubbed ‘Bima Bamba’, consumers will have to pay an initial amount...
 
Star Business: Government to roll out Sh15b for SMEs
29 Apr 2011 - The government will target to roll out Sh15billion in loans to youths, women and small enterprises under the MSE Fund for financial inclusion of the informal sector, Finance Minister...
 
Star Business: KQ finally acquires its own flight simulator
29 Apr 2011 - An acute pilot shortage and increased training costs in foreign countries has forced Kenya Airways to launch its own  flight simulator to bridge the gap at a lower cost...
 
Star Business: KCB posts 32 percent growth in profit
29 Apr 2011 - KENYA Commercial Bank Group has announced a Sh2.5 billion first-quarter pre-tax profit from Sh1.9 billion last year buoyed by increased lending and a high growth in foreign exchange...
 
Star Business: Uchumi to trade on the bourse in a month
29 Apr 2011 - Uchumi shares will begin trading on the Nairobi Stock Exchange next month after its suspension was lifted by the Capital Markets Authority yesterday. The supermarket chain&rsquo...
 
Star Business: Social Business is not business as usual
28 Apr 2011 - There`s something going on in business.  Capitalists are talking social good and becoming more visible doing good than some people whose core business it is to do good. As...
 
Star Business: KCB in campaign to net small traders
28 Apr 2011 - KENYA Commercial Bank has launched a campaign targeting small and middle level businesses and has unveiled products specifically targeting this segment of the market.The bank yesterday...
 
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