20 C
Kenya
5:32 PM Saturday, January 19, 2019
Home Business Daily Kenya

Business Daily Kenya

Treasury on the spot for failing to wind up dormant funds

Auditor-General Edward Ouko. FILE PHOTO | NMG  Auditor-General Edward Ouko has put the Treasury on the spot for failing to wind up many dormant funds despite Parliament sanctioning their...

1.7m bags of State maize divide millers

Workers harvest maize in Uasin Gishu. FILE PHOTO | NMG  The Government will offer millers 1.7 million bags of maize as compensation for the Sh2.3 billion owed to flour processors amid...

Why it is not a good time to be a farmer in Kenya

A truck ferries sugarcane along Kamagambo- Nyansembe road. PHOTO | BENSON MOMANYI | NMG  Kenyan farmers ushered in the New Year an unhappy lot thanks to the need to meet urgent family...

#DusitHotelAttack: What we know so far

Burnout shells of cars at the entrance of the DusitD2 Hotel in Westlands, Nairobi. PHOTO | KEN KIMANTHI | NMG  A Nairobi building complex housing the upscale DusitD2 Hotel and other...

Gunfire, blasts rock Nairobi hotel

Security officers cordon off Riverside Drive in Westlands Nairobi, where an attack occured, January 15, 2019. PHOTO | KEN KIMANTHI | NMG  Gunfire and explosions were heard Tuesday...

Clamour to cap prices in Kenya on the increase

Kenya Medical Association President Jacqueline Kitulu with Kenya Medical Practitioners and Dentists Union (KMPDU) Secretary-General Ouma Oluga. FILE PHOTO | NMG  The Kenyan economy, once...

Deloitte books millions in Kenya Power tender

Kenya Power acting CEO Jared Othieno. FILE PHOTO | NMG  Electricity distributor Kenya Power has inked a deal with Deloitte that will see the Big Four accounting firm earn Sh58 million...

Cane farmers accuse State of ignoring them on reforms

A crane offloads sugarcane from a tractor. FILE PHOTO | TONNY OMONDI  Sugarcane farmers have accused the government of sidelining them in the ongoing discussions to reform the sector and...

Ethiopia protesters block main highway to the sea

Ethiopia's Prime Minister Abiy Ahmed. AFP PHOTO | Zacharias Abubeker  Protesters in Ethiopia’s northeastern Afar region have blocked the landlocked country’s main route to the sea to...

Chase Bank buyer lends Sh4.7bn to parent firm

A branch of SBM Bank in Nairobi. The disclosure of the loan by the Kenyan unit of the Mauritian lender to its owner is likely to heighten scrutiny from depositors of the collapsed Chase Bank...

Airline Fastjet cancels flights to Zimbabwe due to unrest

Low-cost African airline Fastjet cancelled its remaining flights to and from Zimbabwe on Monday due to political unrest, it said in a statement on Twitter. FILE PHOTO | NMG  Low-cost...

Kobil tweaks rules to give CEO Ohana Sh2 billion shares

Kenol Kobil limited group managing director David Ohana. FILE PHOTO | NMG  Oil marketer KenolKobil #ticker:KENO has amended its employee share ownership plan (Esop) rules, allowing its...

Kepsa sees little respite for SMEs in late payments crisis

Kenya Private Sector Alliance CEO Carole Kariuki. FILE PHOTO | NMG  There is still no law in sight to compel government to promptly pay Small and Medium Enterprises (SMEs) that have done...

Sh767.6m mall in Limuru goes under the hammer

A supermarket on Kiambu Road. Kiambu and Limuru roads are highly attractive to mall investors. FILE PHOTO | NMG  Limuru’s Sh767.6 million ($7.6 million) incomplete mall is being...

Laikipia set to benefit from water project

Laikipia Governor Ndiritu Muriithi on September 6, 2018. FILE PHOTO | NMG  The Laikipia County government will soon break ground on a Sh150 million project expected to solve water...

Tenacity drives farmer’s quest for success from fish ponds

Jacob Njeru works at one of his fish ponds. PHOTO | FAUSTINE NGILA | NMG  It’s on a cool Tuesday mid morning when Enterprise visits Mbeere North Sub County. We follow a tarmack road...

Woman weaves hair business into profitable undertaking

Nywele Creative CEO Georgina Kirungo’s firm emerged sixth in last year’s Kenya Top 100 Mid-sized Companies competition. PHOTO | DIANA NGILA  Georgina Kirungo, founder of Nywele...

Sugarcane farmers form parallel task force in reforms war

A tractor driver struggles to manoeuvre through a bad stretch on a road in Miwani in September 2016. FILE PHOTO | NMG  Sugarcane farmers have accused the government of sidelining them in...

Monthly parking rates now costlier in Nairobi

Mama Ngina Drive Park in Mombasa that is being revamped. FILE PHOTO | NMG  Monthly parking tickets in Nairobi have become costlier than daily charges that were Monday reduced by a third...

Lawyers seek orders stopping arrests, cite police harassment

LSK says lawyers act on behalf of clients and they are mandated to maintain confidentiality. FILE PHOTO | NMG  The Law Society of Kenya (LSK) has filed a suit seeking to stop the arrest...

Westgate attack suspects have a case to answer

(L-R) Hussein Mustafa, Liban Abdalla and Mohammed Abdi at Milimani Law Court on January 14,2019 where they were put on their defence in the Westgate Mall attack case. PHOTO | EVANS HABIL  ...

Swazuri takes deputy to court in NLC turf war

National Land Commission (NLC) chairman Muhammad Swazuri. FILE PHOTO | NMG  National Land Commission (NLC) chairman Muhammad Swazuri has asked High Court to stop his deputy Abigael...

Fuel prices fall to 13-month low in latest ERC review

Fuel prices have fallen to a 13-month low after the Energy Regulatory Commission cut prices by up to Sh10 per litre in the latest price review on Monday. FILE PHOTO | NMG  Fuel prices...

Why higher SGR tariffs could hit Chinese loan repayments

The Kenya Railways commercial cargo train. FILE PHOTO | NMG  Higher tariffs on cargo transport by the standard gauge railway are likely to have a negative impact on repayment of Chinese...

List of MCAs who spent most on foreign travel

Baringo County MCAs in the assembly. Its 46 members spent the highest amount of public cash on foreign travel. FILE PHOTO | NMG  Baringo members of the county assembly (MCAs) spent the...

Ban on 8-year-old second hand cars to start in July

Trade secretary Peter Munya has directed the Kenya Bureau of Standards (Kebs) to draft legal amendments lowering the age limit and raising allowable exhaust emission standards for all vehicle...

Laikipia reports impressive growth in revenue

Laikipia Governor Ndiritu Muriithi on September 6, 2018. FILE PHOTO | NMG  Revenue collection in Laikipia County has been on an 18-month sustained growth, the county revenue board’s...

India’s Bharti Airtel in talks to buy Telkom Kenya

An airtel shop in Nairobi. FILE PHOTO | NMG  India’s Bharti Airtel is in talks to buy Telkom Kenya, the country's smallest telecoms operator, to create a stronger challenger to market...

Top businesses and CEOs awarded in Somalia competition

Mohamed Ahmed of Bonadir Gate Group receives his award for emerging the best CEO overall during the Somalia Annual Business Awards in Mogadishu. PHOTO | COURTESY | NMG  The Somalia...
Loading...

News Just in

Tech company mourns six senior employees killed in DusitD2 attack

- A total 21 lives were lost during the horrific January 15 attack- At least 700 people who had been trapped inside offices were...

DP Ruto: We have confidence in the Judiciary

Deputy President William Ruto has asked the judicial arm of the Government to discharge its mandate diligently and in accordance with the Constitution....

Wife and father of Riverside suicide bomber arrested in Mombasa

She was named as Shaila Mwalim Bakari. NAIROBI, Kenya Jan 19 – Police have arrested the father and wife of the Mahir Khalid Riziki,...

How I met Diamond Platnumz

Diamond and Tanasha Donna have been trending since late 2018. It seems like the singer is ready to settle down with his...

GIS System Administrator Job

Job Group K Responsibilities To oversee data automation and maintenance of the Geo-spatial database, including data standards and quality assurance,...

Four years on: The day Kenya’s brave school children were teargassed but prevailed against land grabbers

It is exactly four years today since the anti-riot police lobbed tear gas canisters at Lang'ata primary school pupils and activists protesting against the...

Officers on the hunt for fugitive wife of slain Dusit terrorist

Police have trained their guns on one woman believed to have been at the centre of the Tuesday terror attack at the...

Tax cuts begin in 12 days as power bill refund starts

A Kenya Power technician. FILE PHOTO | NMG  Manufacturers are set to start paying reduced...

Paul Muite Identifies Loophole for Terrorists in New Directive

Senior Counsel Paul Muite, on Saturday, chimed on the debate to arm private guards as announced by Private Security Regulatory CEO Fazul Mohamed. Taking to his...

Ojaamong hails change of guard at the Council of Governors

Busia Governor Sospeter Ojaamong has hailed the change of guard at the Council of Governors saying it was a plus to devolution.   Ojaamoong says the...
Loading...