Capital
Markets Authority (CMA) has denied any knowledge of an alleged takeover of
National Bank of Kenya (NBK) by its rival lender Kenya Commercial Bank Group
(KCB) following media reports that the latter was plotting to buy out…
SUCAM, the sugar campaign for change advocacy group, today declared that the sugar zoning proposed in Kenya's draft Sugar Regulations, 2018 is an illegal and anti-competitive constraint that would require an express waiver by the…
All Kenyans will be registered digitally and given unique
numbers containing their personal data as the government fights to
eradicate forgeries of national identification documents and crime.
President Uhuru Kenyatta said the numbers…
After
a year of rebound and recovery, Africa’s old and new hydrocarbons
markets have an opportunity to further entrench the continent’s position
as the world’s hottest oil and gas frontier in 2019. However, the new
year also brings a…
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.
…
