Across sub-Saharan Africa, the World Bank estimates that more than 80% of workers find their livelihoods in the informal sector . In Kenya, it’s estimated that the informal sector accounts for 82% of the working population , while in Tanzania, it is thought to be even higher. This article was contributed to TechCabal by Priya […]
Oil marketing in Kenya dates back to colonial times In the 1900s, Royal Dutch Shell established the first depot at Shimanzi, Mombasa county The sector has grown tremendously, with over 70 registered oil marketing companies operating more than 1,800 service stations Oil marketing in Kenya dates back to colonial times in the 1900s when Royal […]
TotalEnergies Marketing Kenya Plc, #ticker:TOTL formerly Total Kenya, has appointed Mr Olivier Van Parys to serve as the director and chairman of the board with effect from September 21. Mr Van Prays, an insider in the French oil major, replaces Frenchman Jean-Philippe Torres who has resigned from the position he held from September 2018. The […]
Kenya Breweries Limited managing director John Musunga said the company plans to generate its power before 2030 in an ambitious proposal worth KSh 22 billion The MD revealed the brewer had partly switched to using solar energy in its new Kisumu plant Kenya Power has been alarmed by the reduction of power consumption among its […]
Every year on August 26, the world marks the Women’s Equality Day — a day that was designated by the US Congress in 1971 to commemorate the 1920 passage of the 19th Amendment to the US Constitution, granting women the right to vote. Half a century on, the Women’s Equality Day is calling attention to […]
[PHOTO/ COURTESY] Kenya Power demanded Ksh2.8 billion from businessman Narendra Raval to connect his clinker factory in Emali with electricity, it has emerged. According to reports by the Daily Nation , the connection would have given Kenya Power Ksh200 million every month in power consumption bill. Raval felt that the connection bill was too much, […]
Steel billionaire Narendra Raval has revealed how Kenya Power gave him a Sh2.8 billion quote to connect electricity to one of his clinker factories in Emali. At first the billionaire thought the utility company was joking. But when he realised that he would not get electricity without parting with the money, Mr Raval, says he […]
[Courtesy] Every year on August 26, the world joins the United States of America in marking the Women’s Equality Day – a day that was designated by the US Congress in 1971 to commemorate the 1920 passage of the 19th Amendment to the US Constitution, granting women the right to vote. Half a century on, […]
KEY POINTS Sasini was the top gainer of the day with 6.82 percent at the price of 18.00 shillings per share followed by Total Kenya with 5.60 percent at the price of 25.45 shillings per share. Stocks are a popular avenue for investment, but it’s far from the only option. Depending on your needs, income […]
Kenya has kicked off its fourth Eurobond offer with a promise to review the size of the economy later in the year through a rebasing similar to the one conducted in 2014. The expected resultant higher GDP figures will help improve Kenya’s debt-to-GDP ratios and can, therefore, be applied by the country to justify the […]
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