@steveumidha
Slum areas are safe haven to several violent cartels responsible for illegal power connections, a thorny issue the Kenya Power is yet to completely tackle if it is to recuperate millions it is losing in the trade.…
By Ben Oduor
The Kenya Bankers Association (KBA) Wednesday presented a Memorandum of Understanding (MOU) to Central Bank of Kenya (CBK) seeking to stem interest rate capping legislation.
This follows weeks of debate and the passing…
@Yatich_
The Kenya Electricity Transmission Company Limited (KETRACO)’s has completed the construction of its substation at Konza Techno City.
The substation, which is part of the Machakos – Konza project will supply electricity to…
@steveumidha
Standard Chartered Bank has announced plans to step up investment and leverage footprint in Africa.
Through a new brand campaign, ‘Here for Africa’, the Bank said Monday that it is optimistic on Africa’s future with a…
@Yatich
Tanzania is set to undertake an environmental impact assessment (EIA) late this month for a liquefied natural gas (LNG) project valued at $30 billion.
BusinessWeek reported last week that the global energy solutions firm BG…
@steveumidha
Financial services company Britam Holdings has opened its eight outlet in Tanzania as it seeks to increase market share in the country.
Britam has expanded operations in Arusha, bringing to eight the number of branches in…
@steveumidha
The Commercial Bank of Africa (CBA) in partnership with the Kenya Revenue Authority (KRA) has introduced a one-stop service that will allow ease of tax payments at the bank.
The launch comes in the wake of integration…
@steveumidha
Fieldstone Africa has opened a Nairobi office to drive expansion into the energy and infrastructure sectors.
The firm, an independent investment bank that specialises in energy and infrastructure said that the move is a …
Surrounded by South Africa, land-locked Swaziland is looking to develop a 35MW biomass power plant, which will commence operation in three years.
According to Renewable Energy World, once operational, the plant will supply an…
South Africa's state-owned power utility, Eskom, announced that the Fitch Ratings agency has downgraded the utility’s Long-term local currency Issuer Default Rating (IDR) to ‘BBB’.
This follows the change in methodology and rating …
