Former Cabinet Minister Kenneth Matiba. Twitter For 85 years that former Minister of Transport, Kenneth Matiba, was alive, he straddled in both the murky world of politics as well as that of business that demanded a sharp focus. Unlike many wealthy politicians, Matiba’s acquired his property before he joined politics but the decision to run […]
New York, Dec. 03, 2021 (GLOBE NEWSWIRE) — New UN Global Compact Africa strategy calls for broad-based collaboration of business, finance, trade groups, governments, civil society and United Nations UNITED NATIONS, New York, 2 December 2021 — Leaders from African business, civil society, governments and the United Nations joined a Uniting Business Africa forum on […]
NAIROBI, Kenya, Dec. 9, 2021 /PRNewswire-PRWeb/ — Enda , Africa’s first high-performance brand of running shoes, announced its successful Series A debt and equity funding round on Dec. 2, securing $1.1 million in funds. The funding round included several Kenyan angel investors and was led by Talanton , a U.S. based impact investment fund focused […]
Construction of the Dongo Kundu bypass bridge, Mombasa. [Robert Menza, Standard] The government is upbeat that Vision 2030 will be achieved within the set time frame despite major challenges that have hampered its implementation. Key in the vision was an annual economic growth rate of 10 per cent, which is far from being achieved with […]
NMB Bank has continued to rise and shine at the bourse since the ice broke two weeks, thanks to its outstanding performance in the first nine months of the year. The bank, one of the largest in the land, share price increased by 8.51 per cent to close last week at 2,040/- and assisting pushing […]
Kenya Breweries Limited has launched a competition for the design of a new logo as it looks to mark its 100th birthday in 2022. Dubbed KBL Still Got Skillz?, the competition is open to design artists from Kenya aged between 21 and 25 years and is intended to culminate in a next-generation logo for one […]
Kenya’s securities exchange has moved a step closer to requiring companies to start Environmental, Social and Governance, or ESG, disclosure and introducing an index for the category. The Nairobi Securities Exchange published its ESG guidance manual on Monday, with a view of aligning information reported by companies listed in Kenya with international standards. The NSE […]
Chairman Kenya Bankers Association Joshua Oigara. [File, Standard] KCB Group might have taken the wrong path to regional banking supremacy. The Tanzanian route is somewhat jinxed. The listed lender’s foray into the region might have started in Tanzania where it launched its operations away from home in 1997, but Dar es Salaam has not warmly […]
Nation Media Group #ticker:NMG held a glamourous brunch on Saturday to celebrate Top 40 Under 40 Women finalists. Now in its 13th year, the Top 40 Under 40 project honours outstanding women in different spheres of the economy from sports, creatives, medicine, law, to social entrepreneurship. The 40 awardees shared the joys, concerns, and anxieties […]
Investors can now buy and sell the same company shares several times during a single day taking advantage of small price movements. The Nairobi Securities Exchange (NSE) finally launched day trading on Monday, two years after setting up a system that separates trading and post-trading activities hence allowing for trading positions several times during the […]
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