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Business
  • Soko Directory: Kenya Bans Importation Of Maize From Uganda And Tanzania
    6 Mar 2021 - Kenya has banned the importation the g maize from both Uganda and Tanzania saying the maize has high levels of mycotoxins. In a move that is likely to revive both diplomatic and economic conflict between the three nations, Kenya says it is still “finding other ways” to remedy the situation. “We…
  • Capital Business: Petco Kenya, World-Wide Fund in Sh6mn deal to boost waste collection in coastal region
    6 Mar 2021 - NAIROBI, Kenya, Mar 6- PETCO Kenya and World-Wide Fund Kenya (WWF) have signed a partnership agreement worth Sh6 million to boost environmental protection through the enhanced waste collection in the coastal region. The deal will provide technology transfer from Denmark through a partnership with…
  • Citizen Business: Treasury on the spot over zero funding for vaccines
    6 Mar 2021 - The National Treasury has come under fi re for the non-allocation of resources for the procurement of COVID-19 vaccines in the financial year commencing in July. In its report on the 2021/22 spending estimates, the Nation Assembly’s Budget and Appropriations Committee (BAC) chaired by Kieni Member…
  • Star Business: Oil supermajors made $20.5bn in 2020, pump $49.9bn to please investors
    6 Mar 2021 - Five largest private-sector oil supermajors have dropped more than a half-trillion on shareholders over last decade.
  • Star Business: Oil supermajors make $20.5bn, pump $49.9bn to investors
    6 Mar 2021 - Five largest private-sector oil supermajors have dropped more than a half-trillion on shareholders over last decade.
  • Star Business: Kenya Airways implements digital 'Covid' travel pass
    6 Mar 2021 - Move enables safe and seamless travel
  • Citizen Business: Liberty Holdings seeks to raise stake in local subsidiary to 73.5%
    6 Mar 2021 - Parent firm to locally based underwriter Liberty Kenya- Liberty Holdings Limited has sought to raise its stake in the subsidiary to 73.5 per cent from the current 57.7 per cent. The holding entity incorporated in South Africa has filed a notice to acquire the additional 15.7 per cent stake or…
  • Soko Directory: Uchumi Diversifies Langata Branch To Weekly SME Market
    6 Mar 2021 - Uchumi Supermarkets has adopted a weekly SME and farmers business model of leasing out space from 2,500 to 10,000 shillings at its Langata outlet, a move that is likely to give the retail sector a new awakening. The retailer is targeting farmers who sell fresh produce alongside small and medium…
  • Soko Directory: Polygamy: Can You Have Your Cake And Eat It Too?
    6 Mar 2021 - By Lizwa Sally The week started off in high spirits this new month. One celebrity story stood out as it was a trending topic on Kenyan Twitter. Kikuyu entertainer and sensation Samidoh was the talk of the town on Tuesday, facing applause and ridicule in equal measure on Social Media. This came…
  • Star Business: ATU,Ericsson finalize spectrum recommendations for Africa
    5 Mar 2021 - Paves way for enhanced usage of mobile services, wireless connectivity and deployment of newer technologies such as 5G
  • Star Business: Total Kenya launches its new lubricants packaging
    5 Mar 2021 - The package upgrade is a major step forward incorporating innovative features
  • Standard Business: Stanbic after-tax profit drops to Sh5.2 billion
    5 Mar 2021 - Last year was a struggle for financial institutions due to Covid-19 effects which disrupted different parts of the economy.
  • Business Today: Stanbic Braves Covid-19 Storm to Record Ksh5.2B Profit for 2020
    5 Mar 2021 - It defied challenges including Covid-19 restrictions, subdued interest rates, weakening of the local currency and increased regulations. The pandemic and its impact on the economy including the waivers on mobile transactions granted by the bank to support clients and reduction in brokerage fees …
  • Standard Business: KPA Board re-advertises MD position
    5 Mar 2021 - It emerged the nominees did not score at least 70 per cent in the interview.
  • Soko Directory: The Tale Of Kenya’s Colorful Matatu Culture
    5 Mar 2021 - By Martha Etale Public transport is the mainly used means of road transport in Kenya, especially in the capital city, Nairobi. The majority of Kenyans use matatu for transport. “Matatu” is a Swahili word that means three, but in Kenya mostly it is referred to as transport Nairobi commuters on and…
  • Soko Directory: Sometimes Alcohol Brings Stimulation In Big Games
    5 Mar 2021 - It’s an incredible story that Arsene Wenger probably didn’t want to know. It’s about how one of his players tricked him. Ray Parlour drank 10 pints of beer before a decisive game and got completely drunk but Wenger had no idea. In 2002 Arsenal was unstoppable because they had superb players like…
  • Soko Directory: MPs Ask Yatani To Cut His Appetite For Borrowing
    5 Mar 2021 - By Clinton Ochieng The Parliament has asked National Treasury to reduce its domestic borrowing target in the 2021-22 financial year by 193 billion Shillings, setting the stage for the government to head to the international debt markets. The recommendation is a reversal of the proposal by Cabinet…
  • Business Today: NTV Dunks on Rivals With Exclusive NBA Broadcast Rights Deal
    5 Mar 2021 - It comes at a time when there is increased interest in the sport among Kenyans following the qualification of the Morans, the mens' national team, to AfroBasket 2021 to be held in Kigali, Rwanda. The post NTV Dunks on Rivals With Exclusive NBA Broadcast Rights Deal appeared first on Business Today…
  • Star Business: Centum Re's Cascadia Apartments 60% sold off
    5 Mar 2021 - It has partnered with real estate firm–Heri Homes in the off plan 450 housing units project.
  • Kenyan Wallstreet: South Africa’s Liberty Holdings to Acquire an Additional 16% Ownership in Liberty Kenya
    5 Mar 2021 - South African based Liberty Holdings, and the largest shareholder in Liberty Kenya, plans to increase its ownership in Liberty Kenya from 57% to 73% by acquiring 49.5 million ordinary shares of the listed insurer from KFAMF Sellers and 34.7 million ordinary shares from Coronation Sellers. Liberty…
  • Citizen Business: Citibank rolls out program to support women owned businesses
    5 Mar 2021 - Citibank N.A Kenya has established a Supply Chain Finance Program in support of women-owned businesses. Also Read: Women’s subpar representation in national economic sphere is unacceptable The bank’s Chief Executive Officer, and East Africa Cluster Head Martin A. Mugambi made the remarks during…
  • Standard Business: Wealth managers frustrated over bitcoin, anxious for piece of the action
    5 Mar 2021 - A number of advisors say they are unable to own bitcoin for their clients until they can hold it in an exchange-traded fund or mutual fund
  • Soko Directory: Trade Is An Evolution, Its Change Is Inevitable
    5 Mar 2021 - By Lulu Kiritu Trade is an ever-evolving industry. Year by year, century by century, it changes and advances. Trading in the past was not only a slow process but a tedious one as well. Over the years, human beings have created solutions and made them easy, fast, and convenient. The growth of…
  • Business Today: Kobi Kihara: How Ex-NTV Queen Bounced Back from Scandal in New York
    5 Mar 2021 - Kobi hasn't allowed the scandal to stop her progress and has been making impressive moves in New York where she remains based. The post Kobi Kihara: How Ex-NTV Queen Bounced Back from Scandal in New York appeared first on Business Today Kenya.
  • Kenyan Wallstreet: Uganda Airlines Secures Landing Slots at Heathrow & Dubai Airports
    5 Mar 2021 - Uganda’s national carrier, Uganda Airlines, has secured landing slots for Heathrow Airport and Dubai International Airports as it resumes long-haul flights. This comes after the airline received two new A330-800neo aircraft in January and February, which are set to be used for long-haul flights to…
  • Capital Business: Stanbic Posts an 18.7pc Decline on its Profit to Sh5.2bn in FY2020
    5 Mar 2021 - NAIROBI, Kenya, Mar 5- Stanbic Holdings has posted an 18.7 percent decline in its profit for the financial year ended 31st December 2020 to Sh5.2 billion, on the back of lower operating income. According to the company, the results reflect the harsh operating environment for the NSE listed firm…
  • Soko Directory: The Rail To Nowhere That Divides Kenyans
    5 Mar 2021 - By Clinton Ochieng Since its inception eight years ago, the SGR has been like the red-line that divides the radicals of President Uhuru Kenyatta’s government and its critics. Some Kenyans are convinced that the Standard Gauge Railway (SGR) is a worthless project. Then there are those who insist…
  • Soko Directory: Sanitary Towels Or Condoms; Which One Carries The Day?
    5 Mar 2021 - Between condoms and sanitary towels, which one should be given priority? Which one should be issued for free? Practicing hygiene in girls and women is very important because they are so sensitive in matters of health. Girls are urged to practice high hygiene, especially during menses. Every month…
  • Star Business: Stanbic Holdings full year profit drops 18.8% to Sh5.2bn
    5 Mar 2021 - This is down from Sh6.4 billion the previous year.
  • Kenyan Wallstreet: Kenya Railways begins the SGR takeover
    5 Mar 2021 - Kenya Railways Corporation(KRC) has begun the process of taking over the running of trains on the standard gauge railway(SGR) from the Chinese firm Africa Star Railway Operation Company( AfriStar). The Corporation is already handling the ticketing, security and fuelling operations of the SGR trains…

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