Business Today: Kenya Makes Strides in Bid to Save Northern White Rhino Through Artificial Breeding
23 Aug 2019 - Scientists said removal of eggs from the world's only remaining northern female white rhinos, called Najin and Fatu, was a culmination of years of research and trials based on international best practices
The post Kenya Makes Strides in Bid to Save Northern White...
Business Today: In Merger of Brand Kenya and Export Council, New Bigger Agency is Born
23 Aug 2019 - Functions of the agency will include implementing export promotion, national branding initiatives and policies that promote Kenyan products in export markets
The post In Merger of Brand Kenya and Export Council, New Bigger Agency is Born appeared first on Business...
Standard Business: Census supervisor arrested for using State gadget as collateral in bar
23 Aug 2019 - A census official arrested in Nyamira for using Government ICT gadget as a collateral to drink beer on loan.
Soko Directory: KenolKobil Delisted From Nairobi Securities Exchange
23 Aug 2019 - KenolKobil is officially delisted from trading at the Nairobi Securities Exchange after Rubis Energie buys 100 percent of its shares.
Through an announcement, NSE said that KenolKobil no longer exists as a listed entity as of August 23, 2019, following Rubis’ takeover...
Soko Directory: Was David Livingstone In Africa For Civilization or To Spy?
23 Aug 2019 - Secretary-General of the United Nations Conference on Trade and Development (UNCTAD) Dr. Mukhisa Kituyi has supported the move to dispel the myth that David Livingstone crossed into the African continent in the mid-19th Century on a philanthropic mission to civilize...
Standard Business: Manufacturers want State to probe Sh10b edible oils saga
23 Aug 2019 - The Kenya Association of Manufacturers has added voice on to the ongoing debate around edible oils worth Sh10 billion.
Soko Directory: Emirates Showcases a Stellar Wine Selection in Kenya
23 Aug 2019 - Emirates uncorked its finest wines at a wine tasting event in Nairobi, Kenya to highlight its First and Business Class wine selection on board on its network, showcasing the airline’s investment in wine as part of its long-term strategy.
Emirates invested over US$ 135...
KenyanWallStreet: KRA’s pursuit for Keroche’s tax evasion is challenged
23 Aug 2019 - Okiya Omtatah today challenges KRA’s decision to pursue Keroche for tax evasions. The activist petitioned against KRA’s waiver for the NIC-CBA merger. According to the activist, the waiver for the merger at a time where the taxman is pursuing a tax evasion raises...
Soko Directory: Africa Data Centers Becomes The First to be PCI DSS Compliant
23 Aug 2019 - Africa Data Centres Nairobi (formally known as East Africa Data Centre) is pleased to announce that it is officially Payment Card Industry Data Security Standard (PCI DSS) compliant.
The center is the first neutral data center to be certified PCI DSS in Nairobi, and...
Soko Directory: Keroche Industry Slapped with Ksh 22 Million Cash Bail in Tax Evasion Case
23 Aug 2019 - Keroche industry founders, Tabitha Mukami Karanja, and her husband and co-founder Joseph Karanja have been ordered to pay 10 million shillings cash bail for Mrs. Karanja and 2 million shillings to be paid in a week’s time for Mr. Karanja
Tabitha Karanja and her...
KenyanWallStreet: NIC Bank’s pretax profits reach KSh3.1 billion in the first six months of 2019
23 Aug 2019 - NIC Bank recently released its results for the half-year that ended June 2019. The lender reported a pretax profit of Ksh 3.1 billion, a slight increase from Ksh 2.9 billion reported in the same period in 2018.
NIC Bank is in the process of merging with Commercial...
KenyanWallStreet: Fuliza hits KSh29 billion lending mark.
23 Aug 2019 - Fuliza has disbursed 29 billion since it was launched in January 2019. According to a 2019 report, 10.7 million opt-in customers use the service out of the total 22.6 million M-Pesa subscribers. Simply put, out of two M-Pesa users, there is a high likelihood that one...
Business Today: Naivas Seduces Shoppers with Sh170m Investment
23 Aug 2019 - Naivas retail chain is set to invest at least Kshs...
The post Naivas Seduces Shoppers with Sh170m Investment appeared first on Business Today Kenya.
Business Today: NIC Bank Pays Out Sh5bn as Medium Term Bond Matures
23 Aug 2019 - NIC bondholders to receive returns as medium term note matures on 12.5% interest
The post NIC Bank Pays Out Sh5bn as Medium Term Bond Matures appeared first on Business Today Kenya.
Business Today: Mattress banks yield Sh25b in old Sh1,000 notes in a month
23 Aug 2019 - With just one month before the old Ksh 1,000 become...
The post Mattress banks yield Sh25b in old Sh1,000 notes in a month appeared first on Business Today Kenya.
Business Today: Allan Wanga Earns a Share of Last Season’s Golden Boot
23 Aug 2019 - Retired Kenyan International Allan Wanga has been awarded the Kenya...
The post Allan Wanga Earns a Share of Last Season’s Golden Boot appeared first on Business Today Kenya.
Business Today: NSE Delists KenolKobil Following Takeover by French Firm
23 Aug 2019 - The takeover of KenoKobil placed Kenya as the 36th market in Africa, Europe and the Caribbean, where Rubis has operations
The post NSE Delists KenolKobil Following Takeover by French Firm appeared first on Business Today Kenya.
Standard Business: Lender campaigns for strong SME support
23 Aug 2019 - Bank says many businesses collapse due lack of funding and rigorous mentorship among other challenges
Business Daily: Census officials to transmit live data on special, secure network
23 Aug 2019 - The census data system was locally assembled to give the State control over the gathering and transmission of the information.
Business Daily: Centum CEO’s pay falls 75pc to Sh45m
23 Aug 2019 - Centum CEO James Mworia’s pay dropped by 75 percent to Sh45 million last year.
Business Daily: Banks rake in Sh85bn profit in six months
23 Aug 2019 - Banks’ pre-tax profit rose by 12.6 percent to a record Sh85.8 billion in six months to June.
Standard Business: Keroche directors deny tax evasion charges
23 Aug 2019 - Appearing in court on Friday, Tabitha Karanja and her husband Joseph Karanja listened carefully as court a prosecutor read the charges.
Soko Directory: 88 Stanbic Bank Employees Go for Voluntary Retirement to Cut Costs
23 Aug 2019 - 88 employees of the Stanbic bank have gone for voluntary retirement to help cut costs for the bank at a time when the business environment seems to be getting hostile.
The early retirement of the 88 employees will see the bank’s employees reduced to 1000 as the 88...
Soko Directory: KUPPET Set To Promote 38,000 Teachers Who Are Diploma Holders
23 Aug 2019 - 38,000 secondary school teachers who are Diploma holders are set for new positions as the Kenya Union of Post Primary Education (Kuppet) announced to promote them.
KUPPET in conjunction with Teachers Service Commission (TSC), came to a consensus where vacant positions...
Business Daily: Nostalgia as Nairobi Concert Remembers Luther Vandross
23 Aug 2019 - Few male singers in the history of contemporary pop music have been as influential as Luther Vandross. Pages