Kenyans to pay more for fuel after price review
Fuel prices are up for the third month in a row, after the Energy Regulatory Commission (ERC) reviewed prices upwards, signaling a cycle of what maybe spiral wave fuel of price increases.
By Kenneth Kwama 8 years ago
Kenyans to pay more for fuel after price review
Analysts predict Equity Bank’s stock gain on Congo acquisition, Equitel
Analysts have predicted heavy demand for Equity Bank’s shares in the coming weeks following the collapse of one of the two cases seeking to stop the rollout of the bank’s new mobile money platform, Equitel and recent acquisition of majority stake in ProCredit Bank of DRC-Congo.
By Kenneth Kwama 8 years ago
Analysts predict Equity Bank’s stock gain on Congo acquisition, Equitel
Till Housing Finance do us part: Equity Bank, Britam agree to end ties
Diversified financial services firm Britam and Equity Group Holdings Ltd (EGHL) have ended their near-two decade relationship, just five months after the former completed its buyout of the latter’s stake in mortgage lender, Housing Finance (HF).
By Kenneth Kwama 9 years ago
Till Housing Finance do us part: Equity Bank, Britam agree to end ties
Equity to start distributing one million more Equitel SIM cards
Equity Group is set to start distributing the second bunch of a million Equitel SIM Cards after it got approval from the Communications Authority of Kenya (CA), which also allocated it their next prefix.
By Kenneth Kwama 9 years ago
Equity to start distributing one million more Equitel SIM cards
Equity Bank boss: I’m leaving Kenyan market growth to those I mentored
About two months ago, on a hot sunny day in midtown Nairobi, the Kenya Bankers Association (KBA) threw a party to see off the former Central Bank of Kenya governor, Njuguna Ndung’u. It was an epic event that drew the who’s who in Kenya’s banking sector.
By Kenneth Kwama 9 years ago
Equity Bank boss: I’m leaving Kenyan market growth to those I mentored
Farmers stuck with stockpiles of sorghum they can't sell
Sorghum farmers want the Treasury to review the excise duty imposed on keg beer in this year’s Budget and have formed a lobby group to spearhead the agenda
By Kenneth Kwama 9 years ago
Farmers stuck with stockpiles of sorghum they can't sell
Treasury may lower or scrap off tax on low-cost beer in fight against illicit brews
The Treasury is set to review the excise tax slapped on beer made from sorghum, millet and cassava two years ago, causing a plunge in sales and massive losses to farmers, Cabinet Secretary Henry Rotich has said.
By Kenneth Kwama 9 years ago
Treasury may lower or scrap off tax on low-cost beer in fight against illicit brews
Airtel writes to regulators over Safaricom's market share
Airtel Kenya has written to Communications Authority of Kenya (CA) and Competitions Authority of Kenya (CAK) asking that Safaricom be declared a dominant player in the market
By Kenneth Kwama 9 years ago
Airtel writes to regulators over Safaricom's market share
Don't give land grabbers access to public utilities
The move by the National Land Commission (NLC) to save school land targeted by grabbers is commendable, given the rate at which unscrupulous individuals are targeting public property.
By Kenneth Kwama 9 years ago
Don't give land grabbers access to public utilities
Plunging oil prices good for now, bad for our future
Yesterday, US crude oil prices crashed below $50 (Sh4,540) a barrel while benchmark price tumbled under $53 (Sh4,812.4). This is the biggest drop in more than five and a half years.
By Kenneth Kwama 9 years ago
Plunging oil prices good for now, bad for our future
We should all support the new security chiefs
The New Year started on an optimistic note after President Uhuru Kenyatta nominated Joseph Kipchirchir Boinett to replace David Kimaiyo as the Inspector General of Police.
By Kenneth Kwama 9 years ago
We should all support the new security chiefs
Abolishing ranking should not eliminate competition
The release of the Kenya Certificate of Primary Education (KCPE) exams results yesterday by Education Cabinet Secretary Jacob Kaimenyi was a whimper and did not have the bang effect the ceremony has been associated with over the years.
By Kenneth Kwama 9 years ago
Abolishing ranking should not eliminate competition
Equity prepares Sh10b war chest to take on Safaricom in money transfer market
Equity Bank is in plans to change the face of mobile money transfer in the country. It is set to fork out billions of shillings to subsidise money transfers in the first year of operations of its new platform, Equitel.
By Kenneth Kwama 9 years ago
Equity prepares Sh10b war chest to take on Safaricom in money transfer market
Sorghum farmers facing Sh3b loss as brewers shy off deal due to new tax
Thousands of sorghum farmers are staring at losses amounting to billions of shillings due to lack of market and storage facilities.
By Kenneth Kwama 9 years ago
Sorghum farmers facing Sh3b loss as brewers shy off deal due to new tax
Heed the weatherman and prepare for rain
When heavy rains pounded a section of the city last Friday, it brought down a tree, cutting off Haile Selassie Avenue. Vehicles were submerged in water and others swept off.
By Kenneth Kwama 9 years ago
Heed the weatherman and prepare for rain
NHIF negotiations should prioritise access to healthcare
Insurance has always been a hard sell for many Kenyans. Market penetration remains low and only one in every forty Kenyans has insurance whether personally or as part of a group scheme.
By Kenneth Kwama 9 years ago
NHIF negotiations should prioritise access to healthcare
How KRA will mint money through cashless matatu fares
People who use public transport could be hit with an unexpected tax bill once the new cashless mode of paying for transport is fully implemented.
By KENNETH KWAMA and JAMES ANYANZWA 9 years ago
How KRA will mint money through cashless matatu fares
Nacada plans to sue 21 alcohol firms
The National Campaign Against Alcohol and Drug Abuse (Nacada) will prosecute 21 alcohol manufacturers that presented fake quality licences two months ago in order to continue with operations.
By Kenneth Kwama 9 years ago
Nacada plans to sue 21 alcohol firms
Sim manufacturer wades into Safaricom, Equity tiff
A Taiwan-based company that manufactures Thin SIM Taisys Technologies Ltd termed the fight between Safaricom and Equity Bank over the new Thin SIM technology as unfounded.
By Kenneth Kwama 9 years ago
Sim manufacturer wades into Safaricom, Equity tiff
Cofek fights off claim of bias in mobile money war
Pressure is mounting on the Consumer Federation of Kenya (Cofek) to stop opposing the award of licences to Equity Bank and two other Mobile Virtual Network Operators (MVNOs) and support the venture.
By Kenneth Kwama 9 years ago
Cofek fights off claim of bias in mobile money war
Portland Cement to grow revenue with precast items
East African Portland Cement Company (EAPCC) will next month start producing precast materials like electric fencing poles, culverts and sewer pipes to create fresh income streams.
By Kenneth Kwama 9 years ago
Portland Cement to grow revenue with precast items
How State officials bungled Anglo Leasing contract negotiations and cost taxpayers’ billions of shillings
The Government may be compelled yet again to pay another Anglo Leasing-type claim should one of the key architects of the now infamous scheme decide to go to court to seek payment for unpaid debts running into billions of shillings.
By KENNETH KWAMA 9 years ago
How State officials bungled Anglo Leasing contract negotiations and cost taxpayers’ billions of shillings
Study: Thousands risk poisoning by fruits, vegetables
The vegetables and fruits you eat at home or at your favourite lunch-time joint may be poisoning you and your children, according to a shocking new study.
By Kenneth Kwama 9 years ago
Study: Thousands risk poisoning by fruits, vegetables
Schools face fresh hurdle in new term
Schools reopen this week for the beginning of the second term amid serious concerns that learning may be interrupted.
By MARK KAPCHANGA and KENNETH KWAMA 10 years ago
Schools face fresh hurdle in new term
Head teachers, parents in plea over subsidies
The Government has been urged to increase subsidies to students and fast track disbursement of the money to schools.
By KENNETH KWAMA 10 years ago
Head teachers, parents in plea over subsidies
East African Portland Cement Company to produce own power
East African Portland Cement Company (EAPCC) is set to become the first cement maker in the county to produce its own energy. This is as it seeks to expand its cement production capacity by over 50 per cent in the next two years.
By Kenneth Kwama 10 years ago
East African Portland Cement Company to produce own power
Challenges that have bogged down Uhuru’s first year
Exactly one year ago, President Uhuru Kenyatta and his deputy William Ruto took the oath of office in what was, on account of their ages, dubbed ‘the digital transition’.
By Kenneth Kwama 10 years ago
Challenges that have bogged down Uhuru’s first year
Growing rift over land in Kajiado
When Boaz Adhengo heard that a mob comprising locals from Isinya, Kajiado County, where he had built a home, had convened a meeting to discuss the issue of land sold to “outsiders”, he knew there was trouble.
By Kenneth Kwama 10 years ago
Growing rift over land in Kajiado
CMC takeover hits bump in the road as workers move to court
Dubai-based conglomerate Al-Futtaim’s quest to buy CMC Motors could hit turbulence after the car dealer’s employees moved to court to stop the process.
By Kenneth Kwama 10 years ago
CMC takeover hits bump in the road as workers move to court
Disquiet as Meru, Isiolo leaders squabble over Lapsset route
The Standard Gauge Railway may have its status as the country’s most contested infrastructure project usurped following the emergence of squabbles over alteration of the designated Lamu Port-South Sudan - Ethiopia Transport (Lapsset) corridor route.
By ALI ABDI and KENNETH KWAMA 10 years ago
Disquiet as Meru, Isiolo leaders squabble over Lapsset route
Drunk drivers contained; how about motorists on drugs?
Nairobi’s matatu crews are legendary for their reckless driving, intense competition for passengers and sometimes, dangerous lifestyles which some experts have attributed to over consumption of alcohol and drugs.
By KENNETH KWAMA 10 years ago
Drunk drivers contained; how about motorists on drugs?
Tourism players warn against proposed parastatal mergers
The proposed mega-merger of parastatals in the tourism sector could negate recent gains made by the industry and throw the existing structures into disarray, an industry lobby has said.
By Kenneth Kwama 10 years ago
Tourism players warn against proposed parastatal mergers
How planned law might turn NSSF into a looters’ paradise
When Labour Cabinet Secretary Kazungu Kambi cancelled the controversial Sh5 billion National Social Security Fund (NSSF) project in Tassia last week, it was seen as a rare intervention to stop the plunder of the fund’s resources.
By By MACHARIA KAMAU and KENNETH KWAMA 10 years ago
How planned law might turn NSSF into a looters’ paradise
Portland Cement CEO confident political meddling won’t cripple company growth
There is a boom in the real estate and the construction industry in the country. What does this mean for the East African Portland Cement Company, and how does it plans to leverage on the situation to build its portfolio?
By Kenneth Kwama 10 years ago
Portland Cement CEO confident political meddling won’t cripple company growth
Lupita Nyong’o nominated for prestigious British film award
Kenyan actress Lupita Nyong’o, who caught the world’s attention following a splendid performance in the film 12 Years a Slave, has been nominated for the prestigious British Film Academy’s Rising Star Award (Bafta).
By KENNETH KWAMA 10 years ago
Lupita Nyong’o nominated for prestigious British film award
Success story of Equity Bank CEO, James Mwangi
The man who changed the face of banking and recruited millions of peasants into the industry, James Mwangi was an early riser in school who never showed any ambitions beyond passing his high school exams.
By KENNETH KWAMA 10 years ago
Success story of Equity Bank CEO, James Mwangi
Intrigues that led to fall of former VP Josephat Njuguna Karanja
At the height of his political activism, former Limuru MP Kuria Kanyingi was very philanthropic. He gave money away with such alacrity that many wondered about the source of his wealth.
By KENNETH KWAMA 10 years ago
Intrigues that led to fall of former VP Josephat Njuguna Karanja
Ondetto: The ‘Messiah’ who founded Legio Maria
When the founder of the Legio Maria sect Melkio Simeo Ondetto died in 1992, his followers camped by his grave in Got Kwer, Migori County, and engaged in fervent prayer, awaiting his resurrection.
By Kenneth Kwama 10 years ago
Ondetto: The ‘Messiah’ who founded Legio Maria
Outspoken Bishop Muge’s death remains a mystery
On August 20, 1990, Kenya’s Labour Minister Peter Okondo did the unimaginable - he offered to resign during an era public officials were not known to quit.
By Kenneth Kwama 10 years ago
Outspoken Bishop Muge’s death remains a mystery
Kenyatta era spy chief who was secretive even in death
The man who served as founding President Mzee Jomo Kenyatta’s spy chief became an integral part of Daniel arap Moi’s security apparatus.
By Kenneth Kwama 10 years ago
Kenyatta era spy chief who was secretive even in death
Crack traffickers arrested in Donholm, Nairobi
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