Farmers may yet find a solution above ground, with tower gardens. That is if cousins and proprietors of Vertical Gardens, an alternative farming solutions company, have any say in the matter. Fred Muthiga and Fred Kimani came together in 2012 after they perceived a gap in the market for farmers who could not afford vast […]
Tag: total kenya
Treasury to rebase GDP after new Eurobond tap
Treasury Cabinet Secretary Ukur Yatani at the launch of the 2020 Economic Survey at the Treasury Building in Nairobi on April 28, 2020. PHOTO | EVANS HABIL | NMG 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 […]
Safaricom appoints Sitoyo Lopokoiyit as M-Pesa Africa managing director
Sitoyo Lopokoiyit is the Managing Director, M-PESA Africa and acting Chief Financial Services Officer at Safaricom. Sitoyo Lopokoiyit has been appointed as the M-Pesa Africa managing director effective April 1, 2021. CEO Peter Ndegwa said Safaricom will initiate the relevant talent sourcing processes to identify and appoint the next Financial Services leaders in due course. […]
Blow to Kenya Power as More Firms Move to Solar
Kenya Power engineers carry out maintenance work at a power sub-station in Mombasa The Kenya Power Company is expected to lose its largely monopolistic market power with more firms moving to solar energy in a bid to cut electricity expenses. Kenya Tea Development Agency (KTDA) is the latest firm that has applied for a licence […]
Kenya set to float another euro bond worth approximately 124 billion shillings
Kenya is set to float another euro bond worth approximately 124 billion shillings in a bid to tame mounting pressures to meet the country’s growing debt obligations. treasury cabinet secretary ukur yattani acknowledged that Kenya will go back to the international financial markets to secure additional funding if they do not get enough cheap loans […]
Retirement Benefits Schemes Performance In Kenya
KEY POINTS A retirement benefits scheme is a savings avenue that allows contributing individuals to make regular contributions during their productive years into the scheme and thereafter get income from the scheme upon retirement. A retirement benefits scheme is a savings avenue that allows contributing individuals to make regular contributions during their productive years into […]
Kenya Power headache as firms switch to solar
The move is expected to help tea factories cut nearly 50 per cent of their power bills. [Courtesy] Kenya Power is expected to feel the heat as more firms switch to solar to cut electricity bills. Barely do weeks lapse without a company applying for a licence to generate its power using solar. The firms […]
Rubis to spend Sh98.7bn in Kenya in the next five years
Newly rebranded Matasia petrol station/RUBIS French energy firm Rubis Energy plans to pump in $900 million (about Sh98.7 billion) in its operations in Kenya over a five year period, as it rebrands KenolKobil and Gulf Energy outlets. The oil firm is investing in the storage, distribution and sale of petroleum and liquefied petroleum gas in […]
Kenya set to float another euro bond worth approximately 124 billion shillings
Kenya is set to float another euro bond worth approximately 124 billion shillings in a bid to tame mounting pressures to meet the country’s growing debt obligations. treasury cabinet secretary ukur yattani acknowledged that Kenya will go back to the international financial markets to secure additional funding if they do not get enough cheap loans […]
Total Kenya launches its new lubricants packaging
Edwin Kimani, Total Kenya fourcourt supervisor explains to Alfred Mbaka, customer new packaging for its entire range of lubricants Total Kenya has launched new packaging for its entire range of lubricants with an aim to maintain a distinctive design for consumers to identify their products. In addition to these design developments, Total Lubricants contributes to […]