Capital Business

  • Capital Business: Atwoli, Mugo back as NSSF board gets new chairman NAIROBI, Kenya, Sep 16 - COTU Secretary General Francis Atwoli and Federation of Kenya Employers Executive Director Jacqueline Mugo were on Wednesday appointed back as members of the National Social Security Fund (NSSF) Board of Trustees. Atwoli and Mugo will serve as members of the board for the...
  • Capital Business: Things Every Home Should Have Part 2 #PropertyInsights Wondering what else you must have in your home? Here is a list with more must have pieces for every household. Art pieces that you love. You do not have to break the bank to purchase one of these; there are more inexpensive options you could use. Art gives a whole new feel to your […] Interior of...
  • Capital Business: USIU-Africa appoints new Vice Chancellor NAIROBI, Kenya, Sep 16 - The Board of Trustees of the United States International University-Africa (USIU-A) has announced the appointment of Dr Paul Tiyambe Zeleza as the institution’s new Vice Chancellor, with effect from 1 January, 2016. The decision was made by The Board of Trustees - the...
  • Capital Business: Blueprint to revive industrial, manufacturing sectors NAIROBI, Kenya, Sep 16 - Kenya has unveiled its first-ever blueprint to revive the manufacturing and industrial exports sector. The decade-long plan, aptly christened Kenya’s Industrial Transformation Programme (KITP) looks beyond import-substitution and export-led policy regime to develop its...
  • Capital Business: Watch this space in 100 days, Uchumi CEO says NAIROBI, Kenya, Sep 16 - Uchumi’s new CEO Dr Julius Kipng’etich has assured shareholders and members of the public that the listed supermarket chain will be stable in the next 100 days. Kipng’etich who is almost three weeks old on the job says during this period, his management team will focus on...
  • Capital Business: Google Street View goes to Samburu NAIROBI, Kenya, Sep 16 - The Google Map feature that brought Times Square (New York), Taj Mahal (India) and Robben Island (South Africa) to your Smartphone and computer, now wants to take Kenya to the world on the same devices. Google Street View, which enables users to explore places around the...
  • Capital Business: KRA targets Sh3bn in tax amnesty for rental income NAIROBI, Kenya, Sep 15 - The Kenya Revenue Authority (KRA) has launched a nationwide campaign on tax amnesty for rental income that aims to create awareness and enhance voluntary compliance by landlords. The campaign which is aimed at bringing on board 20,000 new landlords who will be expected to...
  • Capital Business: 5 tech companies disrupting multi-billion sectors It’s no longer business as usual as the world becomes more connected via the internet. Social media, apps, digital media, connected devices makes the world a global village and in the process, altering life as we know it. Since Microsoft became synonymous with computing in the 90’s, we have...
  • Capital Business: Banks in Kenya to remain profitable in 2015 NAIROBI, Kenya, Sep 14 - Even with the banking sector recording the slowest growth in six years, analysts are optimistic the sector will remain profitable in the remainder of 2015. The banking sector recorded a slow-down in growth in the first half of 2015, growing at 8.3 percent compared to 15.6...
  • Capital Business: Petrol unchanged, diesel and kerosene cost drops NAIROBI, Kenya, Sep 14 - The Energy Regulatory Commission has announced this month’s fuel price review where it has decided to retain the cost of super petrol. The commission however reduced the price of diesel by Sh3.36 to retail at Sh79.99 a litre in Nairobi as well as kerosene by Sh5.43 to sell...
  • Capital Business: 4,000 EAC Single Tourist Visas issued since February NAIROBI, Kenya, Sep 14 - An estimated 4,000 Single Tourist Visas (STV) have been issued since its launch in February 2014 for Kenya, Uganda and Rwanda. This represents a month-on-month improvement from an average of the 156 visas sold in the 10 months to December last year to 305 this year. Kenya...
  • Capital Business: How motor insurance companies calculate premiums Motor insurance companies provide insurance to motorists based on risk modelling techniques. The fundamental question that the risk model answers is, “how likely is it that this specific customer will make a claim?” Over the years, auto insurance companies have streamlined their risk modelling...
  • Capital Business: Moringa School investing in the next Kenyan star coders At the far right corner of one of Nairobi’s co-working space seats a classroom that can barely fit 15 students and a tutor. But don’t be fooled by this space at Nairobi Garage on Ngong Road. This is where Moringa School is churning young world-class developers every four months. This month, Moringa...
  • Capital Business: The genius of the Linda Jamii Medical Cover Linda Jamii is a product that has the potential to alter the health insurance market in the country. The product does not conform to the traditional ethos held by many commercial health insurance plans available in the country. The departures from the mold can be hailed as a work of genius from...
  • Capital Business: Mobile handsets driving 2.2M Kenyans to Facebook every day Facebook has shared new statistics that reveal 2.2 million Kenyans use Facebook every day and 4.5 million each month with 95 percent of the users accessing the social network on mobile devices. According to the September 2015 statistics, Nigeria has 7.1 million daily users with 7.3 South Africans...
  • Capital Business: EABL Foundation to invest in clean water provision NAIROBI, Kenya, Sep 11 - The East African Breweries Limited (EABL) Foundation plans to invest in projects to provide access to clean water in the East African region. The foundation has launched new plans to reach over 150,000 people in the initiative by producing about 193 million cubic metres per...
  • Capital Business: ERC introduces kit to nab adulterated fuel NAIROBI, Kenya, Sep 11- The Energy Regulatory Commission (ERC) has launched a new kit to which will be used to test the purity of petroleum products upon delivery at fuel stations. The Retailer Self-Test Kit is aimed at boosting the commission’s efforts in fighting and eliminating fuel adulteration...
  • Capital Business: WB approves Sh5.2bn support to KNBS capacity NAIROBI, Kenya Sep 11 - The World Bank has approved a Sh5.2 billion program to support the Kenya National Bureau of Statistics (KNBS) generate better and more accessible data to inform policy-makers and contribute to strengthening its capacity. The move is aimed at supporting the Kenyan Government...
  • Capital Business: TED Radio Hour: Predicting The Future Visions of the future don’t just have to come from science fiction. There’s very real technology today giving us clues about how our future lives might be transformed. So what might our future look like? And what does it take for an idea about the future to become a reality? In this hour, TED...
  • Capital Business: Airtel sponsors CTO forum 2015 NAIROBI, Kenya, Sep 11 - Bharti Airtel, a leading telecommunications services provider with operations in 20 countries across Africa and Asia is the gold sponsor of the Commonwealth Telecommunications Organisation (CTO) Forum 2015, taking place on September 14-16 at the Safari Park Hotel in Nairobi...
  • Capital Business: Kenya signs China nuclear power deal NAIROBI, Kenya, Sep 10 - Kenya has signed a deal with China as part of plans to have a nuclear power station by 2025, the Kenya Nuclear Electricity Board (KNEB) said Thursday. Kenya plans to set up its first nuclear power plant with a capacity of 1000 MW by 2025, the board said, with ambitions […]...
  • Capital Business: Kenya weak in global budget transparency index NAIROBI, Kenya, Sept 10 - Kenya is weak in providing the public with opportunities to engage in the budget making process showing lack of progress on improving transparency. This is according to the fifth edition of the Open Budget Index (OBI) report which ranked the country 48 out of 100 as far as...
  • Capital Business: 2014 insurance premiums written highest in Nairobi NAIROBI, Kenya, Sep 10 - Nairobi was the county with the highest percentage of insurance premiums in 2014 according to the annual report by the Insurance Regulatory Authority (IRA). The report indicates that the county recorded 76 percent of all premiums written in the industry worth Sh94 billion,...
  • Capital Business: Money; a concept, dream, illusion or reality? Is money just a concept, dream or an illusion for the very few yet majority want to be part of it? Is it an item held by the government awaiting release? Is it only attainable by those with academic qualifications? It is remarkable and at the same time very sad how, many people ignore the […] It...
  • Capital Business: Safaricom Foundation sets up Sh50mn Fund for smart innovators NAIROBI, Kenya, Sept 10- Safaricom Foundation has launched a multi-million shillings fund that targets investors in the social innovation field who may need technical and entrepreneurship support to develop and deploy mobile technology solutions. The Sh50 million Technology for Good Innovators Fund...

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