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Ex-manager sues Nairobi Hospital for Sh300m

The Nairobi Hospital. FILE PHOTO | NMG  A former ICT director at Nairobi Hospital has sued the institution demanding more than Sh300 million after he was fired last month.Thirty-six-year-old Timothy Odhiambo Otieno argued before Employment and Labour Relations court Judge Hellen...

Tax returns filing up as KRA offices remain open

LEWIS NJOKA This year’s filing of tax returns has improved, Kenya Revenue Authority (KRA) says as it expects another last last-minute rush to beat the Sunday deadline. This year’s filing is an improvement compared to last year where only 2.2 million taxpayers had filed their returns by June...

Airtel Money loses Sh670m to staff fraud : The Standard

Airtel Shop on Koinange Street taken on January 23, 2017. Kenya’s second-leading mobile operator Airtel Kenya lost Sh670 million through employee theft on its Airtel Money platform last year. This was revealed by its parent company Airtel Africa in its...

Digital lenders cap first loan at Sh4,000

Customers will get access to in-app digital borrowing history and repayment behaviour which will also be accessed by all DLAP members. FILE PHOTO | NMG  Twelve firms under the umbrella Digital Lenders Association of Kenya (DLAK) have signed a code of...

Tough questions abound as counties seek to float bonds

Fred Aminga @faminga County governments are seeking approval to raise billions of shillings in the capital markets even as questions abound on their prudence when it comes to managing cash. Should National Treasury give the devolved units the nod, Kenya’s public debt which is currently at Sh5.5 trillion is...

10 counties on the road to borrowing : The Standard

Ten county governments could in September start borrowing money from the capital markets to finance infrastructure projects. The select counties are taking part in a pilot aimed at prepping them to tap into the open markets to access funds and enable them to...

Jubilee pushes for generic drugs to cut treatment cost

Jubilee board chairman Nizar Juma. PHOTO | SALATON NJAU | NMG  Kenya’s largest underwriter by market share, Jubilee Insurance #ticker:JUB, has renewed calls for policy change that will see hospitals dispense cheaper generic drugs as opposed to the costly original products.The...

Youths urge government to remove internet levies

Lewis Njoka @LewisNjoka The youth have criticised Treasury Cabinet secretary Henry Rotich’s move to tax those engaged in online businesses saying it amounted to double taxation following an increment in internet service levy last year. In his budget speech, Rotich proposed a one-off fee of Sh10,000 in lieu of...

Southwest Airlines extends 737 MAX cancellations through October 1 : The Standard

Reuters 27th Jun 2019 17:38:09 GMT +0300 Southwest Airlines Co (LUV.N) has extended the cancellation of Boeing’s 737 MAX planes from its flying schedule until Oct. 1, the U.S. airline said on Thursday. The airline had previously planned...

NBK to collapse if deal with KCB fails, Treasury warns

Treasury Cabinet Secretary Henry Rotich before National Assembly Finance and National Planning committee. FILE PHOTO | NMG  National Bank of Kenya (NBK) #ticker:NBK is likely to collapse if the proposed takeover by KCB #ticker:KCB does not succeed, the Treasury has warned.Treasury...

County forum raises concern over unremitted Sh47b staff deductions

Reuben Mwambingu @reubenmwambingu County Assemblies Forum (CAF) has sounded the alarm over growing levels of deductions from county staff, amounting to Sh47 billion, unremitted to County pension schemes. Addressing stakeholders during the County Pension Fund (CPF) Annual General Meeting in Mombasa, CAF Chairman Roba Duba said there was a danger...

Kenya needs new tourism infrastructure, says Balala : The Standard

Tourism CS Najib Balala (L) and his PS. Paul Maringa when they appeared before the Senate Lands Committee at Parliament on March 20, 2019. Tourism and Wildlife Cabinet Secretary Najib Balala has said Kenya needs a new international airport and...

Uhuru kin revisits Sh3bn KCB land case with new evidence

Mr Ngengi Muigai. FILE PHOTO | NMG  President Uhuru Kenyatta’s cousin, Ngengi Muigai, is seeking leave to introduce new evidence in a fresh attempt to reverse a land case judgment in which he lost 443 acres to Kenya Commercial Bank #ticker:KCB...

KRA extends office hours as deadline for tax returns fillings near : The Standard

NAIROBI, KENYA: The Kenya Revenue Authority (KRA) has announced an extension of office hours in all branches across the country to allow Kenyans to make payments or file their tax returns. In a notice, the taxman said its offices will be open...

Sankara looks to Marriott brand for winning recipe

Sankara general manager Krishna Unni during the interview. PHOTO | DIANA NGILA | NMG  Sankara last month completed the conversion to a Marriott Group’s Autograph Collection brand. This came as the hotel space in Nairobi is awash with activity, with investors...

Etihad Airways to train more pilots : The Standard

Soaring global demand for airline pilots, and the growing popularity of Airbus A320 and Boeing 787 aircraft have jointly sparked major growth in the pilot training division of Abu Dhabi’s Etihad Airways. eTurbo News is reporting in its latest online version that in...

Kisumu port closed to public : The Standard

African Union Envoy Raila Odinga while commissioning a dredger at at Kisumu port on January 18th 2019. ( Collins Oduor, Standard) KISUMU, KENYA: Kisumu Port has been closed to the public until the on-going repairs and maintenance works are finished. ...

Plastic paper bag crackdown, seven arrested : The Standard

Some of the suspects arrested using banned plastic bags (PHOTO: Caleb Kingwara, Standard) NAIROBI, KENYA: Seven traders were arrested at the Isebania  border town in Migori County  for being in possession of banned plastic bags In an  operation led by...

KCB CEO Joshua Oigara re-elected as KBA Chairman

KBA Vice Chairman John Gachora, Chairman Joshua Oigara and CEO Habil...

Nairobi ranked among top 100 most expensive cities in the world : The Standard

Kenya's capital Nairobi (PHOTO: FILE) NAIROBI, KENYA: Nairobi has featured among the top 100 most expensive cities to live in the world in a 2019 survey released by Mercer. Claiming eight of the top 10 spots, Asian cities continue to dominate...

Nyandarua receives Sh254 million World Bank grant

Governor Francis Kimemia attributed the success to good governance and team...

Government to launch some housing units next month-PS Hinga : The Standard

The Government is set to launch affordable housing units in Starehe Constituency earlier next month. This has been revealed by Charles Hinga, the Principal Secretary of State Department for Housing and Urban Development. “As the government, we are launching the affordable housing project...

All hands on deck: Rotich assures Parliament of proper checks on KCB-NBK deal

The National Treasury has defended its position on perceived laxity under the ongoing procedures in the acquisition of the National Bank of Kenya (NBK) by KCB Group. According to the Finance Ministry, the purview of oversight to the transaction rests primarily on regulators comprised of the Central Bank of...

Jua Kali artisans set to gain training from TVET institutes : The Standard

Richard Muteti, Chief Executive Officer, Kenya National Federation of Jua Kali Association with World Bank Representative on Industry during the EASTRIP Project launch in Addis Ababa, Ethiopia. The Kenya National Federation of Jua Kali Association (KNFJA) has entered into a...

KRA offices to remain open until Sunday

Times Tower. FILE PHOTO | NMG  The Kenya Revenue Authority (KRA) offices will remain open until Sunday to enable more Kenyan file their income tax returns , ahead of the Sunday’s June 30 deadline set by the taxman.The taxman Thursday said...

‘Posh’ estate with too many problems : The Standard

A woman trying to salvage her belongings destroyed by flood water at Olive In Kiamunyi Nakuru County (PHOTO Harun Wathari) The mention of Nakuru’s Kiamunyi Estate evokes the image of a lushy green suburb in an affluent region as a preferred investment destination....

Digital Lenders say move to self-regulate not due to CBK pressure

The Digital Lenders Association Kenya (DLAK) members after signing the code...

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CMA signs MoU with manufacturers to support growth

KAM CEO Phyllis Wakiaga and CMA Chief , Paul Muthaura sign...
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The Standard – Kenya: Hill Climb time trial returns to Malewa Bay in Naivasha | The Standard

Mickey Hughes Buggy in action during the Chloride Exide Hill Climb. The first round of the Hill Climb rally sport will take place on...
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