Capital Business

  • Capital Business: Mobile credit reference service launched in Kenya Global credit reference solution provider TransUnion has launched a mobile-based credit reference service that enables Kenyans conveniently access their credit information. TransUnion Nipashe is an SMS short code platform that provides consumers with accurate, up-to-date information about their...
  • Capital Business: The dreadlocks empire Kumari built #RespectTheHustle NAIROBI, Kenya, Aug 25 - While growing up, Steve Kumari’s dream was to invent something of his own and later build an empire, and for sure, this is coming to pass. He is now renowned for specialising in dreadlocks care but also encouraging Kenyans and Africans on the continent, to appreciate and...
  • Capital Business: Car and General opens showroom in Lodwar NAIROBI, Kenya Aug - Car and General - Kenya has opened a new TVS dealer in Lodwar as part of the company’s plan to take its products closer to its customers. The dealer will offer sales, service and spare parts for TVS motorbikes. The event was graced by Car and General Chief Operating Officer...
  • Capital Business: TPS Serena to get Sh2.1bn loan for capital expenditure NAIROBI, Kenya Aug 25 - TPS Serena is set to receive a Sh2.1 billion ($20 million) loan facility from PROPARCO (a subsidiary of the French Development Agency) to fund capital expenditure needs of the Kenyan portfolio of hotels, lodges and camps. The facility will be implemented over a two year...
  • Capital Business: Firm seeks to make Kenya alcohol process ‘traceable’ NAIROBI, Kenya, Aug 25 - A firm that provides global bar codes and tracing of products, wants to make alcohol manufactured in Kenya traceable. GS1 Kenya says this will protect Kenya’s genuine alcohol from getting counterfeited. According to the company’s chairman, Sospeter Kioko, before issuing a...
  • Capital Business: Trademark infringement case due in court Thursday NAIROBI, Kenya, Aug 25 - The High Court has consented to the consolidation of three cases in which Cipla, a global pharmaceutical manufacturing company is defending claims of trademark infringement lodged by Lords Healthcare in June this year. Justice Francis Gikonyo sitting at Milimani Commercial...
  • Capital Business: Microsoft’s Cortana assistant launched on Android Microsoft said Monday its Cortana virtual assistant software was available to users of Android mobile devices. Cortana is Microsoft’s answer to Apple’s Siri and Google Now, which respond to voice commands on mobile devices. The launch is part of an effort by Microsoft to expand its mobile presence...
  • Capital Business: Eyeing the stars: Ethiopia’s space programme High above the crowded streets of Addis Ababa, among fields where farmers lead oxen dragging wooden ploughs, sits Ethiopia’s space programme. Perched on the top of the 3,200-metre (10,500-foot) high Mount Entoto, two metal domes house telescopes, each a metre in diameter. Operational for only a few...
  • Capital Business: Kandie allays fears of sugar smuggling through Uganda NAIROBI, Kenya, Aug 24 - East African Affairs, Commerce and Tourism Cabinet Secretary Phyllis Kandie has clarified that sugar coming from Uganda to Kenya is duty free. Speaking during a media briefing on Monday, Kandie said this is in line with East African Community (EAC) which allows all goods...
  • Capital Business: Total Motorshow eyes crowd record NAIROBI, Kenya, Aug 24 - The Total Motorshow is anticipating doubling the number of visitors in this year’s edition set to be held from September 11 to 13. The show which is the biggest motor expo in East and Central Africa is expected to attract about 30, 000 visitors up from 15, 000. Total Kenya...
  • Capital Business: Kenya, Japan eyeing deeper cooperation NAIROBI, Kenya, Aug 24 – Kenya and Japan are seeking direct flights between Nairobi and Tokyo to help ease travel between the two capitals. The matter was among issues discussed during the Kenya -Japan Business Forum that was held in Kenya last week with a view to broaden and deepen partnership...
  • Capital Business: PayPal and MallforAfrica to provide Kenyan shoppers online payment option MallforAfrica (MFA) is teaming up with PayPal through internet and mobile, to make online shopping from key markets outside of Kenya as easy as possible. The two companies are offering consumers a $10 USD discount on their first order when paying with PayPal on the MallforAfrica platform, with the...
  • Capital Business: MTN and Liquid Telecom partner to extend footprint in Africa Customers of MTN Group and Liquid Telecom are set to benefit from a larger connectivity footprint across Africa. This follows an announcement today that the two companies have partnered to jointly offer customers access to the largest fixed and wireless footprint across the continent. The...
  • Capital Business: 5 tech startup ideas that Kenya can export   Having pioneered mobile money solutions like MPesa and crowd-sourcing platform Ushahidi, Kenya’s innovative, resilient and global-looking tech community is working on the next big thing. It is no wonder Kenya’s ICT sector has been the most consistent and one of the key drivers of Kenya’s economic...
  • Capital Business: CBK orders liquidation of Dubai Bank NAIROBI, Kenya, Aug 24 – The Central Bank of Kenya (CBK) has given the go-ahead for the closure of Dubai Bank Kenya and appointed Kenya Deposit Insurance Corporation (KDIC) as the liquidator as per the law. KDIC, which was earlier named the receiver when the bank was put under receivership, will...
  • Capital Business: How global events enhance a nation’s brand When consumers think about brands, they often think about products. But people and nations are brands too. In fact, some of the world’s most successful business and political leaders have clear personal brands- think of Professor WangariMaathai, Nelson Mandela and Mahatma Gandhi. They had strong...
  • Capital Business: Benefits of commencing Group Motor Insurance for your employees One of the decisions employers must make when a company grows in size and starts behaving like a corporation, is the whether to acquire group motor insurance for its employees. Usually, Insurance companies target large companies that do not have group motor insurance arrangements. The challenge is...
  • Capital Business: Diaspora Kenyans discuss investments in Nairobi NAIROBI, Kenya, Aug 23 - The second edition of the Kenya2U Diaspora networking dinner was held on Saturday in Nairobi. The event brought together Kenyans in the Diaspora to discuss Kenya’s business environment and how they can invest in Kenya. According to the Director of Kenya2U, Simon Muracia,...
  • Capital Business: Huawei gets EISA award third year in a row NAIROBI, Kenya, Aug 23 - Huawei has been awarded ‘European Consumer Smartphone 2015-2016’ by the European Imaging and Sound Association (EISA) for its latest flagship smartphone, Huawei P8. This is the third consecutive year that Huawei has been recognized by EISA in this category. Building on the...
  • Capital Business: Kenya sends 45 students to African Business Initiative in Japan NAIROBI, Kenya, Aug 22 - Forty five Kenyan students are leaving the country for Japan to join the African Business Initiative (ABE). The initiative, which was started in 2013, is now in its second phase. Last year, a total of 54 students from Kenya joined the initiative, bringing the total of...
  • Capital Business: Lack of airborne mine survey hurting sector NAIROBI, Kenya, Aug 21 - The Kenya Chamber of Mines now says the delay in carrying out an airborne survey to map up out the potential for minerals in the country is inhibiting the growth of the sector. The Kenya Chamber of Mines Chairman Adiel Gitari says the government needs to allocate the money...
  • Capital Business: Digital transformation is critical to advance government transparency The rise of interconnected devices will transform how governments respond to citizens, handle enquiries, and manage service delivery. Global market intelligence firm IDC estimates that there will be 212 billion ‘things’ connected by 2020, hastening the rise of the Digital Economy. The Digital...
  • Capital Business: Vimal challenges young entrepreneurs to refine ideas NAIROBI, Kenya, Aug 21 - Bidco Africa CEO Vimal Shah has challenged young entrepreneurs to refine their ideas in order to access investments and partnership required to take their business to the next level. Speaking at an awards ceremony for 25 under 25 entrepreneurs organized by KCA University...
  • Capital Business: Administering your company’s Corporate Motor Insurance Scheme When you are not primarily an insurance company, administering a corporate motor insurance scheme can be a very serious challenge. This becomes even harder if you have a large fleet of company cars, in addition to a staff motor insurance scheme mediated by the company. Insurance, especially when...
  • Capital Business: Uchumi poaches King’ara from Naivas to be COO NAIROBI, Kenya, Aug 21 - Uchumi Supermarkets has poached Naivas Supermarkets Retail Business Executive Willy King’ara to be the new Chief Operating Officer (COO). The appointment of King’ara, an economics graduate from the University of Nairobi, is the first in a number of key positions including...

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