30 Nov 2020 - Hydro Developers Limited, a real estate developer based in Nairobi, partnered with the Kenyan government for the construction of approximately 30,489 affordable units under the Big Four Agenda, at a cost of 3.0 billion shillings. The project dubbed Hydro City will sit on a 302-acre piece of land in…

30 Nov 2020 - BEIJING, China, Nov 30 – China’s factory activity grew at its fastest pace in over three years in November, official data showed Monday, as the world’s second-largest economy continued its recovery from the coronavirus. The Purchasing Managers’ Index (PMI), a key gauge of manufacturing activity in…

30 Nov 2020 - KCB Group disclosed that it had entered into an agreement with Atlas Mara Limited (ATMA) to acquire a 62.1 percent stake in Banque De Populaire du Rwanda (BPR) in Rwanda and a 100.0% stake in African Banking Corporation Ltd Tanzania (ABC Tanzania). Equity Group had previously entered into a binding…

30 Nov 2020 - Move follows the release of new frequency spectrum management guidelines by the regulator.

30 Nov 2020 - Move follows the release of new frequency spectrum management guidelines by the regulator.

30 Nov 2020 - Last week, the equities market was on a downward trajectory, with NSE 20, NASI, and NSE 25 recording losses of 1.6, 0.3, and 0.4 percent respectively. The performance of the equities during the week took their YTD performance to losses of 33.8, 20.9, and 13.9 percent for NSE 20, NSE 25, and NASI,…

30 Nov 2020 - Asian markets swung Monday as hopes that vaccines will soon be rolled out played against concerns over a pick-up in virus cases around the world. Oil prices were also under pressure ahead of a two-day meeting of major producers, with traders worried that they had still not agreed on an extension of…

30 Nov 2020 - The Central Bank of Kenya(CBK) Treasury bills auction of November 26th, 2020 received bids worth KSh 15.4 billion. This is against an advertised amount of KSh 24.0 billion, representing a performance of 64.3%. This is the first time the weekly auction has been undersubscribed over the past three…

30 Nov 2020 - The Kenyan shilling depreciated against the US dollar by 0.4 percent to 109.9 shillings from 109.4 shillings. The local currency hit its lowest in history during the week. The depreciation of the shilling was mainly attributable to the persistent dollar demand from general importers as they meet…

30 Nov 2020 - Last week, T-bills were undersubscribed, with the overall subscription rate coming in at 64.3 percent, down from 104.2 percent the previous week according to a report compiled by experts from Cytonn Investments. The highest subscription rate was in the 91-day paper, which came in at 114.5 percent,…

30 Nov 2020 - Kenya’s essential public finance safeguard mechanism is presently too weak to do its job properly.

30 Nov 2020 - The Blueprint 2030 is expected to position Kenya as a top meetings destination.

30 Nov 2020 - Over 450 global corridors have been repriced in the 'Black Friday' drive

30 Nov 2020 - Peninah Ntong'ondu is now a proud owner of Queen's Pizza Restaurant in Buruburu, Nairobi

30 Nov 2020 - About Sh303.1 billion were personal and household loans.

30 Nov 2020 - Facebook says in Africa, Kenyans are the most active users of social media groups.

30 Nov 2020 - The CS assured that payments will be made to individual artisans through mobile money transfer.

29 Nov 2020 - The tweet was when Eric Yuan knew something had to change. Boris Johnson, the UK prime minister, shared a photo from his first ever virtual cabinet meeting. The cybersecurity red flags jumped out immediately. Some cabinet secretaries’ Zoom screen names were visible, you could see which platform…

29 Nov 2020 - Mortgage lender HF Group Plc has widened its Net losses to KSh 730.2 Million in Q3, 2020 from a loss of KSh 84.6 Million, triggering the firm to issue a profit alert. The lender joins a list of firms that have made a profit warning, the latest one being Britam. Others are Unga Group, Kenya […]

29 Nov 2020 - Some of the rent arrears date back to the time of the defunct Nairobi City Council.

29 Nov 2020 - He saved up Sh20,000 with which he dived into the boda boda business, topping up with a Sh15,000 loan.

29 Nov 2020 - LONDON, United Kingdom, Nov 29 – Netflix hit series “The Crown” should make clear that much of its content is fiction over fears of damage to the image of the British royal family, a government minister said. “It’s a beautifully produced work of fiction, so as with other TV productions, Netflix…

29 Nov 2020 - Twitter paused its public verification programme three years ago when chief executive Jack Dorsey described it as "broken"

29 Nov 2020 - "The world has lost a tremendous visionary and an incredible human being," Deshpande said.

29 Nov 2020 - NAIROBI, Kenya, Nov 29 – Kenya is positioning tea tours as part of top tourism experiences that will add to the diversity of tourism products offered by the destination. Bomet County on Friday played host to the unveiling of the tea tourism product ceremony paving the way for packaged tea tours…

29 Nov 2020 - NAIROBI, Kenya, Nov 29 – African Innovators have an opportunity to get funding for their ideas through the new Africa Continental Free Trade Area Vision Challenge. The challenge seeks African innovators and entrepreneurs who have compelling solutions to challenges affecting the continent’s Intra…

29 Nov 2020 - WASHINGTON, United States, Nov 29 – The US Treasury on Wednesday said it had extended by seven days the November 27 deadline given to the Chinese owner of TikTok to sell the popular social media platform’s American business. “The Committee on Foreign Investment in the United States (CFIUS) has…

29 Nov 2020 - Kenya is positioning tea tours as part of top tourism experiences that will add to the diversity of tourism products offered by the destination. Bomet County on Friday played host to the unveiling of the tea tourism product ceremony paving the way for packaged tea tours across tea growing areas in…

29 Nov 2020 - The dollar has fallen more than two per cent so far this month after Democratic US President-elect Joe Biden's election victory

29 Nov 2020 - Kenya also scooped the award for Africa's Best Golfing Destination during the 7th Annual World Golf Awards held in Dubai