Capital Business

  • Capital Business: Techno unveils 4G enabled Phantom 5 in Kenya Tecno Mobile Limited has released its flagship device, the Phantom 5, that provides 4G LTE capability coupled with entertainment features that offer consumers an opportunity to experience more on the go. The Phantom 5 provides a balance of features, powered with the Android 5.0 and access to the...
  • Capital Business: Microsoft announces Office 2016 in Kenya Microsoft has released the latest Office 365 that promises to make collaboration easier with a host of new apps. The apps are the latest addition to Office 365, Microsoft’s cloud-based subscription service that helps team productivity. “The way people work has changed dramatically, and that’s why...
  • Capital Business: Local tech firm launches education solution for developing countries Nairobi, Kenya, Sep 22 –BRCK Education, a division of BRCK, a local technology firm based in Nairobi, has launched a value priced tablet that will be running web-based content and locally cached videos. Dubbed ‘ BRCK - Kio’, the tablet is one component of a game-changing portable kit, which is made...
  • Capital Business: KRA seeks agents to capture data on property NAIROBI, Kenya, Sep 22 - The Kenya Revenue Authority (KRA) plans to recruit agents across the country to capture data on property development as it tightens its grip on property owners to comply in remitting taxes. KRA Commissioner General John Njiraini says the lack of an effective database on...
  • Capital Business: What to consider before investing in any rental property NAIROBI, Kenya, Sept 22- Are you thinking about investing in property? It may seem easy, however there are a number of points to consider before you dive into a long-term commitment, to ensure security, success and a strong return on investment. Global real estate portal, Lamudi explores the top 10...
  • Capital Business: New DHL Kenya boss is ready to move mountains NAIROBI, Kenya, Sept 22 - Andrew Mutuma and I meet on a hot Friday in September at DHL Kenya’s headquarters in Nairobi. At age forty, the Daystar University Alumni has settled comfortably into his Country Managing Director position for the international company. He is seven weeks old there as I...
  • Capital Business: Dropbox says no immediate IPO plan Cloud storage firm Dropbox, one of the best-known Silicon Valley startups, has no imminent plans for a public share offering, founder and chief executive Drew Houston said Monday. “We don’t have any plans right now,” Houston said during a question-and-answer session at the TechCrunch Disrupt...
  • Capital Business: Here’s why Chris Kirubi bought KQ Shares NAIROBI, Kenya, Sept 21 - Business magnate and industrialist Dr Chris Kirubi has explained his reason for buying two million shares of Kenya Airways, saying the national carrier needs to be rescued by investors and not debt. The businessman bought about Sh11 million worth of stock in the airline...
  • Capital Business: Airtel Kenya record growth in data, mobile voice and SMS traffic NAIROBI, Kenya, Sep 21- The quarter under review exhibited mixed trends in terms of local mobile voice traffic per operator. Airtel Kenya Limited experienced an increase in total local mobile voice traffic that stood at 1.85 billion up from 1.83 billion minutes reported during the previous period....
  • Capital Business: 6 signs of a good group auto insurance provider What signs should a company look for when identifying a good auto insurance provider? This question arises whenever a company wants their employees to access group auto insurance services, or if a company wants to change their auto insurance provider. The following six signs may be useful in making...
  • Capital Business: Gina Din bags prestigious East Africa’s Business award NAIROBI, Kenya, Sep 20- Gina Din Corporate Communications founder and chair Gina Din-Kariuki, is this year’s CNBC Business Woman of the Year East Africa, after winning in Africa’s All Africa Business Leaders Awards (AABLA) 2015. All Africa Business Leaders is an annual award ceremony that...
  • Capital Business: KRA targets Sh5.2trn in next three years NAIROBI, Kenya, Sep 19- The Kenya Revenue Authority (KRA) has launched its sixth corporate plan targeting Sh 5.2 trillion for the next three years. The new corporate plan will also provide a framework for further transformation at the authority as it seeks to facilitate Kenya’s Ease of Doing...
  • Capital Business: Amu Power to get Lamu Title in October NAIROBI, Kenya, Sept 18 - The Amu Power Company is optimistic that it will get the Title Deed for the land to be used for the construction of the 981.5 Megawatts coal project by the end of October. The company, formed through a joint venture between Gulf Energy and Centum Investment, requires at...
  • Capital Business: No effect in Kenya after US Fed decision NAIROBI, Kenya, Sep 18 - Economic experts do not expect any increased capital inflow in the country due to the United States Federal Reserve decision to retain rates at zero percent. Pan Africa Asset Management Senior Portfolio Manager Kelvin Kangogo says the decision was signaling the US Federal...
  • Capital Business: Rea Vipingo delisted from Nairobi bourse NAIROBI, Kenya, Sep 18 - Rea Vipingo Plantations has finally been delisted from the Nairobi Securities Exchange (NSE) following a successful takeover by REA Trading Limited (REAT). REAT received regulatory approval from the Capital Markets Tribunal for its bid to acquire fully, all the listed...
  • Capital Business: Protect yourself from a car insurance conman However, it is safer to allow yourself to be human and to arm yourself with practical knowledge that can help you to see through the strategies of an insurance conman. If you notice these signs when speaking to someone who claims to be a representative of an insurance company, beware! 1. Shows up...
  • Capital Business: TED Radio Hour: Everything Is Connected Every species plays a crucial role in our natural world. But when humans tinker with the equation, a chain reaction can cause entire ecosystems to break down. In this hour, TED speakers explain how everything is connected in nature, with some bold ideas about how we can restore the delicate balance...
  • Capital Business: 2 things that can disqualify you from a courtesy car One of the main objectives of Motor Insurance is to give car owners peace of mind in the event of an accident. In keeping with this objective, many car insurance companies give their clients the options of including a courtesy car in their cover. This makes it possible for the client to maintain...
  • Capital Business: Digital fueling Kenya’s entertainment, media industry: Report   Kenya’s total entertainment and media industry is expected to surpass the $3 billion (Sh300B) mark in 2019 thanks to the expanding and growing digital media. According to a report released by PwC covering the entertainment and media sector in South Africa, Kenya and Nigeria, the internet will...
  • Capital Business: Unilever sets up Sh155mn factory in Nairobi NAIROBI, Kenya, Sept 17 - Consumer goods manufacturer Unilever has opened a new Sh155 million state-of-the-art facility in Nairobi aimed at increasing the production of Vaseline petroleum jelly. The company said the new production line comes with the latest technology available from Unilever...
  • Capital Business: Money mistakes you are making and how to fix them NAIROBI, Kenya, Sept 17 – Albert Einstein once said: “Anyone who has never made a mistake has never tried anything new.” I half agree with that; if it is making blunders on who to date, where to shop or where to go to on your next adventure, I’m in agreement. If, however, the blunder in […] First,...
  • Capital Business: Helios exit from Equity doesn’t affect business – Mwangi NAIROBI, Kenya, Sep 17 - Equity Group’s largest shareholder Helios Investment Partners has completed its exit transactions of selling 24.45 percent stake in the group. The London-based private equity firm started by selling its largest share of 12.2 percent going to Norfund and NorFinance, a joint...
  • Capital Business: Simba Colt unveils the Mitsubishi L200 pickup NAIROBI, Kenya, Sep 17 - Simba Colt Motors has unveiled the new Mitsubishi L200 pickup truck. The local launch of the Mitsubishi L200 “Ultimate Sport Utility Truck” is also part of a global market introduction programme by Mitsubishi Motor Corporation (MMC). Featuring improvements in functionality...
  • Capital Business: Pinterest claims 100 million users More than 100 million users are on Pinterest, the online bulletin board-style service which allows people to “pin” images based on their interests, the California company said. Co-founder Evan Sharp told AFP that most of the users “are not just visiting Pinterest once a month, but they’re actually...
  • Capital Business: UFAA steps up claiming of unclaimed financial assets NAIROBI, Kenya, Sep 17 - The Unclaimed Financial Assets Authority (UFAA) has launched its three year strategic plan. Mandated to receive unclaimed financial assets from holders of such assets on behalf of the Government of Kenya, safeguard and re-unite the assets with their rightful owners, it...

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