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NEWS & CURRENT AFFAIRS

Digital News

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Nicholas Waitathu

Agency stops illegal avocado exports to TZ

Horticulture and Crops Directorate (HCD) confiscated 32 tonnes of avocados that were in the process of being illegally exported to Tanzania.

By Nicholas Waitathu 3 months ago

Agency stops illegal avocado exports to TZ

Extend financing for EAAPP, World Bank urged

Extend financing for EAAPP, World Bank urged

By Nicholas Waitathu 8 years ago

Farmers’ lobby sets out to boost EAC potato yields

Farmers’ lobby sets out to boost EAC potato yields

By Nicholas Waitathu 8 years ago

World Bank lends Kenya Sh5b to support better data collection

World Bank lends Kenya Sh5b to support better data collection

By Nicholas Waitathu 8 years ago

Varsity seeks partners to commercialise innovations

Jomo Kenyatta University of Agriculture and Technology (JKUAT) is seeking partners to help it commercialise its innovations.

By Nicholas Waitathu 8 years ago

Varsity seeks partners to commercialise innovations

Cheaper energy dream further away as delays push 105MW project to 2017

The Sh25.5 billion ($210 million) construction of three geothermal power plants in Menengai, Nakuru County, will be delayed for about two years.

By Nicholas Waitathu 8 years ago

Cheaper energy dream further away as delays push 105MW project to 2017

Anti-trust agency lays down tough rules to break down trade cartels

Trade associations in the financial and agriculture sectors have less than two months to crack down on cartels within their jurisdiction that have continued to swindle consumers of their hard-earned income through unethical trade practices.

By Nicholas Waitathu 8 years ago

Anti-trust agency lays down tough rules to break down trade cartels

Policy proposes moving Kenya’s rural population to towns to pave way for food growing

The rural population could be moved to towns and other settlements to pave way to mechanised agriculture. This is aimed at boosting food production.

By Nicholas Waitathu 8 years ago

Policy proposes moving Kenya’s rural population to towns to pave way for food growing

Kenyan tourist vans to wait longer to access Dar market

Tanzania officials have been elusive despite Kenya’s efforts to meet them and address outstanding tourism industry differences.

By Nicholas Waitathu 8 years ago

Kenyan tourist vans to wait longer to access Dar market

Farmers want livestock Kenyan marketing firms privatised

The stakeholders under the Eastern Africa Farmers Federation (EAFF), argue that the governments ought to reduce their influence by only undertaking the regulation role and allow the private sector to assume the other value chain activities.

By Nicholas Waitathu 8 years ago

Farmers want livestock Kenyan marketing firms privatised

Kenya’s development efforts lead to improved World Bank rating

Kenya is among five countries in Africa that have made progress in supporting development and poverty reduction in 2014.

By Nicholas Waitathu 8 years ago

Kenya’s development efforts lead to improved World Bank rating

Kenya's project implementation record gets World Bank approval

In its report released early this week, the bank indicates the Kenyan government has accelerated the pace of implementation of externally-sponsored mega projects.

By Nicholas Waitathu 8 years ago

Kenya's project implementation record gets World Bank approval

Zuku retains leadership in fixed-internet market

The firm which is home of entertainment and communication brand Zuku has maintained major control of the Fixed Internet market share at 46.8 per cent.

By Nicholas Waitathu 8 years ago

Zuku retains leadership in fixed-internet market

New tough laws to regulate Human Resource industry

The Institute of Human Resource Management (IHRM) will start registering afresh all professionals as part of a process to get rid of quacks.

By Nicholas Waitathu 8 years ago

New tough laws to regulate Human Resource industry

European Union, Danida's Sh4.5b funding boosts poverty eradication

The Government, the European Union (EU) and Danish agency Danida are financing key community development initiatives to a tune of Sh4.5 billion.

By Nicholas Waitathu 8 years ago

European Union, Danida's Sh4.5b funding boosts poverty eradication

New TV stations in Kenya have five years to grow local content to 60pc

The Communications Authority of Kenya (CA) will allow new broadcasters five years to achieve 60 per cent local content, according to proposed regulations.

By Nicholas Waitathu 8 years ago

New TV stations in Kenya have five years to grow local content to 60pc

Kenya insurers and providers agree to hasten claims payment

It will be easier now for insurance companies to settle motor claims presented by policy holders, thanks to a new initiative launched yesterday by the industry players.

By Nicholas Waitathu 8 years ago

Kenya insurers and providers agree to hasten claims payment

Kenya insurers lose Sh260m to fraudsters in three months

Insurance companies lost Sh259.7 million to fraud in the first quarter of this year.

By Nicholas Waitathu 8 years ago

Kenya insurers lose Sh260m to fraudsters in three months

150 Chinese firms eye Kenya market

More than 150 Chinese companies are angling to set up business establishments in the country.

By Nicholas Waitathu 8 years ago

150 Chinese firms eye Kenya market

Reprieve for bean exporters as EU lifts inspection order

The European Union (EU) has officially lifted a 10 per cent mandatory checks requirement on Kenya’s beans entering its market.

By Nicholas Waitathu 8 years ago

Reprieve for bean exporters as EU lifts inspection order

State seeks new NSE counter to enable trade in co-operative shares

The Government is advocating the establishment of a trading platform at the Nairobi Securities Exchange (NSE) to cater for shares held in co-operative societies.

By Nicholas Waitathu 8 years ago

State seeks new NSE counter to enable trade in co-operative shares

Nairobi County freezes pay increase, stops recruitment

Nairobi County Government will freeze pay increase for its employees in the 2015/16 financial year.

By Nicholas Waitathu 8 years ago

Nairobi County freezes pay increase, stops recruitment

Kenya Dairy Board head retires, board appoints acting MD

Long serving Kenya Dairy Board managing director Machira Gichohi has retired. Gichohi left office early this week following the expiry of his contract.

By Nicholas Waitathu 8 years ago

Kenya Dairy Board head retires, board appoints acting MD

KRA extends iTax registration to Sunday

Kenya Revenue Authority (KRA) registered two million clients under the iTax registration platform as at the June 30, 2015 midnight deadline.

By Nicholas Waitathu 8 years ago

KRA extends iTax registration to Sunday

Foreign investments dip by 9% to Sh77 billion

Kenya received investments worth Sh76.84 billion last year from foreign Governments and international organisations in 2014

By Nicholas Waitathu 8 years ago

Foreign investments dip by 9% to Sh77 billion

New financial order shaping up as banks become bigger

The proposal by National Treasury Cabinet Secretary Henry Rotich for banks to increase their minimum core capital progressively for the next three years has opened a new opportunity for micro-finance institutions

By Nicholas Waitathu and JACKSON OKOTH 8 years ago

New financial order shaping up as banks become bigger

Taxman puts 20,000 landlords on notice to raise Sh3 billion

The Kenya Revenue Authority (KRA) plans to raise Sh3 billion by bringing on board 20,000 individual landlords in the 2015-16 financial year.

By Nicholas Waitathu 8 years ago

Taxman puts 20,000 landlords on notice to raise Sh3 billion

New Sh6.5b project to give Kenya more investors

Kenya stands to receive more investors in the next five years thanks to a Sh6.5 billion ($65million) five-year investment facilitation project.

By Nicholas Waitathu 8 years ago

New Sh6.5b project to give Kenya more investors

Brussels Airlines to end Nairobi flights

The airline's country manager, Pierre Declerck said the flights will be replaced by direct Lufthansa flights to and from Frankfurt.

By Nicholas Waitathu 8 years ago

Brussels Airlines to end Nairobi flights

Africa could earn Sh127b annually if it opens airspace

Africa stands to earn about Sh127.4 billion annually if it opens its air space by entering mutually beneficial international agreements, a trade association of the world’s airlines has said.

By Nicholas Waitathu 8 years ago

Africa could earn Sh127b annually if it opens airspace

Maize flour prices remain high despite State assurance

Consumers are still buying maize flour at high prices despite the assurance of enough stock by the Government.

By Nicholas Waitathu 8 years ago

Maize flour prices remain high despite State assurance

Kenya: SACCO seeks Sh2b to fund expansion

Urithi Housing Cooperative Society will borrow Sh2 billion from the local market to finance its expansion plan. This follows shareholders’ approval to have the directors source funding from the local market to finance expansion.

By Nicholas Waitathu 8 years ago

Kenya: SACCO seeks Sh2b to fund expansion

Kenya: State sets aside Sh15b to boost irrigation

More farmers will be put under irrigation programmes to grow food for the growing population. National Treasury Cabinet Secretary Henry Rotich allocated Sh15 billion in this year’s budget to finance irrigation activities.

By Nicholas Waitathu 8 years ago

Kenya: State sets aside Sh15b to boost irrigation

Africa development bank out to tame high cost of doing business to increase investment

More than Sh9.8 trillion ($100 billion) is required to finance infrastructure and other economic sectors in Africa with a view to reduce cost of doing business.

By Nicholas Waitathu 8 years ago

Africa development bank out to tame high cost of doing business to increase investment

New KCC to spend Sh140m on Nyahururu plant facelift

The New Kenya Co-operative Creameries (New KCC) will spend Sh140 million to finance new milk processing infrastructure as a strategy to strengthen its ability to endure stiff competition.

By Nicholas Waitathu 8 years ago

New KCC to spend Sh140m on Nyahururu plant facelift

India pledges to grant Kenya Sh10b loan

Agriculture Principal Secretary Sicily Kariuki yesterday said the two governments are working on the paper work before commencing the release of the loan to be advanced at two per cent per annum.

By Nicholas Waitathu 8 years ago

India pledges to grant Kenya Sh10b loan

State appoints Mwaka acting CEO for SASRA

Mr Mwaka will be in charge of the institution until a substantive chief is recruited. Board chairman John Nthuku said Mwaka was picked after the exit of Carilus Ademba who has been the CEO since SASRA was established in 2010.

By Nicholas Waitathu 8 years ago

State appoints Mwaka acting CEO for SASRA

North-Western corridor receives Sh65b boost

The Government and World Bank will spend Sh65.572 billion ($676 million) to finance development of the transport and trade corridor in North-Western Kenya.

By Nicholas Waitathu 8 years ago

North-Western corridor receives Sh65b boost

New cash ratio sweetens mergers, acquisitions for small insurance firms

Small insurance companies are likely to be acquired, merged or fold if they fail to enhance their capital base in the next three financial years, following new proposals in the Budget.

By Nicholas Waitathu 8 years ago

New cash ratio sweetens mergers, acquisitions for small insurance firms

Sh13.8b set aside for irrigation schemes in Kenya

One of the Jubilee government's agriculture flagship projects, the Galana-Kulalu Irrigation Scheme, was allocated Sh3.5 billion in this year's budget. This was part of Sh13.8 billion set aside for irrigation projects countrywide.

By Nicholas Waitathu and Kibiwott Koross 8 years ago

Sh13.8b set aside for irrigation schemes in Kenya

Farmers to reap big in value addition scheme

The Government will invest heavily to enhance commercial farming and industrialisation to boost food security to feed the growing population.

By Nicholas Waitathu 8 years ago

Farmers to reap big in value addition scheme

Half of Kenyan adults using mobile phones to make payments

More than half of Kenyan adults use mobile phones to carry out payment transactions, a new World Bank report states.

By Nicholas Waitathu 8 years ago

Half of Kenyan adults using mobile phones to make payments

Major hotel projects boost Kenya’s rating

This comes after a new report rated Kenya at position seven in terms of African countries currently undertaking major hotel projects.

By Nicholas Waitathu 8 years ago

Major hotel projects boost Kenya’s rating

Kenya leads East Africa peers in private equity inflows

Kenya continued its dominance in the region’s private equity industry with the country accounting for more than 60 per cent of private equity deals recorded in the East African region.

By Nicholas Waitathu 8 years ago

Kenya leads East Africa peers in private equity inflows

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