The Nigerian experience with marginal oil field
development had measurable success, with 24 licenses awarded to 31 companies,
some as sole operators and others as joint-ventures
With production declining and investment scarce, the…
The Higher Education Loans Board (Helb) is reeling from Sh 6.6
billion non-performing loans advanced to 64,000 former university
students in what could indicate inability to repay.
While
the Board says Kenyans in the diaspora who…
Tanzania has had to postpone the launch of new weighbridges that
would have complied with EAC regulations due to incomplete installation
of the facilities.
The launch has been been pushed to March 1.
The
weighbridges will be in…
rench automaker Renault has availed €500,000 (about Sh58
million) to upgrade the Kenya Vehicle Manufacturers plant to facilitate
local assembly of its K-Range heavy duty trucks.
Renault
Africa, Latin America and Asia Vice President…
Australian mining company-Base Titanium is considering expansion of its exploration activities in Kwale as the current mine’s life approaches its end, marked by a drop in production last year.
The Kwale-based miner has acquired a…
The Kenya National Chamber of Commerce and Industry (KNCC) has urged foreign embassies not to issue travel advisories to their citizens in the wake of Riverside terror attack on Tuesday afternoon, in which 21 innocent lives were lost.
…
By Steve Umidha
The ban on importation of second-hand vehicles those with 1500cc engine capacity and older than three years, could come a lot sooner, as the government embarks on a free-wheeling implementation of a draft copy of…
Telkom will invest an estimated Sh1
billion into the expansion and optimization of its 4G and 3G network, with the
network roll-out expected to improve mobile connectivity to its customers.
“This will deliver a value-compelling…
The Kenya
Revenue Authority (KRA) is set to raise revenue to GDP ratio from current 18.3
per cent in 2017/18 to 19.2 per cent in 2020/21.
Through
its 7th Corporate Plan running from 2018-2021, KRA also expects to
collect Kshs6.1…
Kenya's Auditor-General Edward Ouko has put the Treasury on the spot for failing to wind up many dormant funds despite Parliament sanctioning their closure six years ago.
He says the Treasury constituted a task force in 2013 to…
