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Business

Men dominate online property search in emerging markets

01 July 2015, 13:57

According to the International Telecommunication Association (ITA) report of April 2015, women are the primary users of online real estate portals in the west while men still dominate the property search process in the emerging markets.

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Alcohol firms toast Kenya's ripening market

30 June 2015, 21:54

For wine and spirits companies looking to expand their businesses, Africa and its growing middle class clamouring for refined tipples is now one of the world's fastest-growing beverage markets, analysts say.

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DHL Express eyes Kenya as key hub in regional growth plan

29 June 2015, 13:15

Express and logistics company, DHL Express has considered Kenya as its key region for growth within Sub- Saharan Africa.

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Govt eyes domestic gas, coal for new power plants

29 June 2015, 11:32

The government aims to decide by the end of 2015 whether a gas discovery in the north of the country could fuel a power plant and wants to start using its own coal in about six years' time for a power station being built, a senior energy official said.

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Stop Africa's $50bn a year illicit outflow, campaigners say

26 June 2015, 09:24

Africa can create jobs, improve social services and cut poverty if its governments can stem the $50bn a year lost in illicit outflows, mainly through multinationals, campaigners say.

GALLERY: Tecno Mobile launches new gadget

25 June 2015, 14:07

Tecno Mobile Kenya in partnership with Intel Corporation and Microsoft launched Tecno Winpad, which will be available at Safaricom shops for KES 29 999. View photos.

GALLERY: 'Stop the Bleeding' campaign launch

25 June 2015, 13:31

View photos from the launch of ''stop the bleeding'', a campaign aimed at ending illicit financial flows from Africa.

Kenya Power awards KES 3.2 billion contracts to 7 local contractors

25 June 2015, 11:22

In a bid to achieve world class power standards, Kenya Power has signed a contract worth KES 3.2 billion with local contractors to enable the company to meet the growing demand for power.

CS wants Kenyans banned from Middle East domestic workers jobs

25 June 2015, 13:29

Foreign Affairs Cabinet Secretary, Amina Mohammed wants total ban on ferrying of Kenyans to work as domestic workers in Middle East countries.

Safaricom sues blogger for defamation

24 June 2015, 17:37

Mobile cellular service provider Safaricom has sued a local blogger for defaming the multi billion shilling company.

'Stop the Bleeding'' Africa campaign to be launched Thursday

24 June 2015, 13:41

Six Pan-African organisations have come together to launch a unified African campaign platform on Illicit Financial Flows (IFF) dubbed "Stop the Bleeding".

Tea stakeholders criticize proposed regulations

24 June 2015, 11:58

A consortium of tea stakeholders in East African region has criticized some of the recommendations being floated for inclusion in Tea Regulations that are set to govern the running of the multi-billion sector in the country.

Lead poisoning reported at a local battery factory

24 June 2015, 10:37

Nakuru County government is investigating a battery factory in Nakuru after eight people were allegedly found to have lead poisoning in their blood.

East African satelite cities shaping Real Estate industry

22 June 2015, 14:00

East Africa is the new El-Dorado when it comes to mineral explorations and every multinational company is rushing to get a piece of the pie.

First Catholic bank opened in Kenya

22 June 2015, 11:14

Caritas Microfinance Bank, the first bank owned by the Catholic Church in Kenya is now part of the over KES 60 billion micro-lending market, becoming the 12th Microfinance Bank in Kenya and the 3rd to be licensed this year.

Trade deficit worsens as imports rise to 21 bln USD

21 June 2015, 06:37

Kenya's trade deficit deteriorated in the year ending March as imports accelerated to a new high.

KTDA partners with Safaricom to pay tea farmers via Mpesa

20 June 2015, 08:26

Tea farmers from 66 factories under the management of the Kenya Tea Development Agency (KTDA) will start receiving their payments via Mpesa.

Lobby wants government to rein in cheap imports

19 June 2015, 08:23

Kenya National Chamber of Commerce and Industry (KNCCI) wants the government to rein in cheap imports and tighten its grip on counterfeit goods to spur economic growth in the country.

KAA urged to increase efficiency

19 June 2015, 07:10

President Uhuru Kenyatta has directed the Kenya Airports Authority (KAA) to improve the passenger capacity of the international arrivals terminal at the Jomo Kenyatta International Airport (JKIA) in the capital Nairobi.

Global deadline for digital migration elapses

18 June 2015, 08:19

The global deadline for analogue switch off elapsed on the June 17, 2015 at exactly 23:59 following the International Communication Union (ITU) Geneva 2006 Agreement, leaving 1.3 million Kenyan households in the dark.

Ngugi vows to bring lending rates down, reopen Hawalas

17 June 2015, 07:17

President Uhuru Kenyatta’s nominee for Governor of Central Bank of Kenya (CBK), Patrick Ngugi Njoroge has promised to ensure that banks operate fairly through levying of friendly interest rates to encourage borrowing by customers.

Uchumi to audit how cash from 2014 rights issue used

16 June 2015, 08:42

Uchumi Supermarket, which sacked its chief executive for "gross misconduct", said on Monday it had launched an audit to determine how money raised via last year's 900 million shillings ($9 million) rights issue and other cash had been spent.

Workers panic as Uchumi changes leadership once again

15 June 2015, 15:35

There is panic among Uchumi Staff after the retailer fired CEO Jonathan Ciano and other top executives.

Financial Indicators

KES/$ 0,01 (0%)
KES/£ 0,0064 (-1,59%)
KES/€ 0,009 (0%)
KES/ZAR 0,1224 (0,41%)
ABRI Kenya Index 164.41 (0,81%)
NSE 20 Share Index 4906.07 (1,4%)

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