Soko Directory: IEBC Fires Ezra Chiloba While Still on Suspension 25 Sep 2018 - The Independence Electoral and Boundaries Commission (IEBC) has finally sacked the embattled CEO, Ezra Chiloba who has been on suspension since April.
The sacking of Chiloba is now set to renew another court battle between him and the commission that has been going on...
KenyanWallStreet: Port Traffic Increases Amid Congestion At ICD Nairobi 25 Sep 2018 - Transportation through the Kenyan port continues to grow even as the port struggle to find storage and keep up with the growing numbers.
According to the managing director Kenya Ports Authority, Dr Arch Daniel Manduku, in the first 6 months of 2018, the Kenyan Port...
KenyanWallStreet: KRA & Sugar importer Settle Sh 2.5b Tax Dispute Out of Court 25 Sep 2018 - The Kenya Revenue Authority (KRA) will release the 40,000 metric tonnes of sugar owned by Darasa Investment Limited in a settlement outside the court according to an official statement.
The Agreement
The agreement entails a consent signed by KRA and Darasa’s lawyers...
KenyanWallStreet: British Airways Changes Commercial Team Heads In Kenya & East Africa 25 Sep 2018 - British Airways has announced the appointment of Sue Petrie and Cristina Graham to lead the airline’s commercial team in Kenya and East Africa replacing Kevin Leung, who was the country commercial manager for Kenya and Ghana since 2015.
The airline says the change is...
Soko Directory: Nairobi Gate Industrial Park, Impact North’s Most Dedicated Development 25 Sep 2018 - Actis is a leading investor in growth markets in Africa, Asia and Latin America with a focus on the development of retail, office, residential and industrial assets in some of the most dynamic cities in Africa.
It has raised 13 billion dollars since its inception and...
Standard Business: More players eye cooking gas pie 25 Sep 2018 - Private companies are angling to benefit from growing use of cooking gas in the absence of investments by the State. They have already set up import a
KenyanWallStreet: Privatization Of Sugar Mills Only Way to Save The Industry – Expert 25 Sep 2018 - The Kenya sugar industry is largely state-owned with the government controlling upwards of 51 per cent stake in major mills.
However experts are now calling on the government to consider privatization of the mills to save the livelihoods of over 5 million people who...
KenyanWallStreet: Kenya Records 68% Growth in Guest Arrivals through Airbnb Listings 25 Sep 2018 - According to a recent report by Airbnb, the year-on-year growth in guest arrivals in Africa is strong in countries like Kenya at 68 per cent, South Africa at 65 per cent, and Rwanda at 73 per cent.
The top three countries with the highest growth in guest arrivals...
KenyanWallStreet: New Tax Measures Won’t Affect Safaricom’s Performance – Citi 25 Sep 2018 - Last week, Safaricom’s share price dipped by more than 10 per cent after the Government, under the Finance Bill 2018, introduced an 8 per cent VAT on petroleum products, 20 per cent excise duty on money transfers, and a 1.5 per cent employer’s contribution towards the...
Business Daily: Changes to expect in future jobs 24 Sep 2018 - The labour market is set for drastic changes as technological advances and growing interest in Artificial Intelligence (AI) accelerate, creating new jobs while killing others, according to a new report.
