The decline of big names such as Uchumi, Kenya Airways, East African Cables, East African Portland Cement and Mumias Sugar was the first sign of struggle in corporate Kenya. [File, Standard] An increase in the number of financially crippled corporates is the new headache for banks, with some lenders in court battles to recover billions […]
Kenya’s Energy sector is largely to blame for greenhouse gas emissions The major shift is now being witnessed with most of the industries investing in clean energy The Bamburi Cement power project is expected to take off within this year The Kenyan energy sector is grappling with transiting to clean power as the country cannot […]
East African Breweries Limited (EABL) has reiterated its commitment to promote diversity and inclusivity through supporting women in sports. Speaking on the sidelines of the currently ongoing Magical Kenya Ladies Open in Vipingo Ridge, Kilifi County, East African Breweries Plc MD Jane Karuku said that the company will continue to support women’s sports as it […]
•President Uhuru’s administration has been keen on tapping the huge potential in the country’s blue economy, mainly in the Indian Ocean and Lake Victoria. •The government has refurbished the Kisumu Port and revived ship-building at the dry dock. Tonnes of steel lie on the ground at the Kisumu Shipyard where the construction of Kenya’s first […]
Supermarket chain Naivas will open two branches at Nairobi’s Greenspan Mall and Imara Shopping Mall in the next two weeks as it steps up its expansion in the country. The establishment of the outlet at Greenspan Mall, which is owned by Nairobi Securities Exchange #ticker:NSE -listed property investor ILAM Fahari I-Reit #ticker:FAHR , had been […]
Patricia Ithau appointed Chief Executive Officer of WPP Scangroup WPP Scangroup today announces the appointment of Patricia Ithau as Chief Executive Officer. Patricia is a highly accomplished business and marketing leader who brings more than 25 years of experience in senior leadership roles overseeing the expansion of major consumer brands in Eastern Africa at companies […]
Rakesh Rao has been at the corner office of Kenya’s biggest paint maker for 17 years now. This now makes him one of the longest-serving chief executives of a firm listed at the Nairobi Securities Exchange #ticker:NSE . But for him, this is still not long enough to call it a day. Mr Rao spoke […]
Students tour Kisumu International Airport, Kenya. The Kenya Airports Authority (KAA) has kicked off the expansion of the Kisumu International Airport in readiness for the May 2022 Africities Conference. PHOTO | FILE | NMG The Kenya Airports Authority (KAA) has kicked off the expansion of the Kisumu International Airport in readiness for the May 2022 […]
Nairobi — Solicitor- General Kennedy Ogeto has defended the National Treasury, amid accusations that it erred in setting up the Covid-19 Funds Board, that was later turned into a Private Limited Company despite receiving and handling public funds. Ogeto told the Parliamentary Public Accounts Committee that the 12-member board was not formed in adherence to […]
Nairobi — Safaricom is planning to pilot an IoT (Internet of Things) powered smart vehicle tracking system which provides insights into journey duration, vehicle speed, route information, fuel consumption, and driver behavior. The Telematics solution integrates with the vehicle’s onboard computer, collects information on several parameters that are accumulated and recorded at the end and […]
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