business

Fresh bid to reduce retirement age from 60 years to 50 years : The Standard

Debate on a motion that seeks to reduce the retirement age from 60 years to 50 years was yesterday postponed...

Senate quizzes budget boss over medical equipment lease payout : The Standard

Controller of Budget approved withdrawals of MES funds...

Kenyan firms feted in continental property summit : The Standard

Karibu Homes Marketing Executive Kevin Ndungi (right) welcomes home buyers to the company's stand, during Home Expo at KICC in Nairobi on September 29, 2019 Karibu Homes has been voted the Best Affordable Housing development in Africa at the just concluded Africa Property Investment Summit and Expo in Johannesburg,...

Mobile firm sponsored the first Africa-China internet economy summit : The Standard

Speaker of the National Assembly Justin Muturi at the mobile internet economy summit in Nairobi. Speaker of the National Assembly Justin Muturi graced the first mobile internet economy summit between Africa and China that took place from on October 15 to 16 in Nairobi. The Chinese mobile firm, Tecno,...

Four ways to avoid being conned when buying a home : The Standard

A house is one of the largest investments anyone can make, it is important, therefore, to keep all your wits around you when doing so. Speaking at a recent property event, four real estate players gave tips on avoiding losing your money on a real estate deal.   Verify, verify,...

Oppo unveils new smartphone : The Standard

Chinese smartphone brand Oppo is set to unveil their latest device in the A series line, the Oppo A9 2020. Oppo is targeting millennials with its latest device after a positive global reception of the A series. The company launched its first A series smartphone in February 2016 and since...

Why are Kenyans avoiding mortgages? : The Standard

Balancing mortgage rate. Seven years ago, Home & Away carried an interview with Carol Kariuki, founder of The Mortgage Company, then described as the “first mortgage brokerage firm in East Africa with a passion to expand home ownership.” In the interview she said: “To many Kenyans, a mortgage is like...

Huawei generated Sh8.924 trillion in the first three quarters of 2019 : The Standard

The company said that the increased revenue is attributed by their increased investment on infrastructure and smartphone devices. Smartphone Company Huawei on Wednesday announced its business results for the third quarter of the year 2019. Huawei in a statement said that they generated CNY610.8 billion (Sh8.924 trillion) in revenue during...

First affordable housing project units ready : The Standard

Daniel Ojijo(Left) Managing Director and Founder of Homes Universal Limited with CAS Ministry of Transport, Infrastructure Housing and Urban Development Dr. Christopher Obure (in blue suit) at the official opening ceremony for the 29th Kenya Homes Expo at the KICC. Two hundred and twenty-eight units at the Park Road...

Why you should invest in stocks : The Standard

There are various options for investing your money. Among them are savings accounts, unit trusts, forex, government bonds, land, real estate, and shares. But why should you choose stocks over the other options? There are a number of factors to consider in deciding on an investment option. Most important...

Experts raise red flag on job losses : The Standard

The Institute of Human Resource Management (IHRM) has expressed concern over increased job losses in the country, warning that this might lead to more crime and broken families.   Speaking at the start of the institute's 23rd annual conference at Sawela Lodge yesterday, IHRM Executive Director Dorcas Wainaina (pictured) noted...

Tanzania ordered to pay StanChart Sh18.5 billion : The Standard

Reuters 17th Oct 2019 00:00:00 GMT +0300 Tanzania has been ordered by a World Bank arbitration court to pay $185 million (Sh18.5 billion) to the Hong Kong subsidiary of Standard Chartered (StanChart) for breaching an energy contract. The court’s ruling, which was released on Tuesday, adds...

Corruption puts off US investors : The Standard

Rampant graft in Kenya is to blame for the low level of trade between the country and the US, an industry lobby has said. In a new development, the American Chamber of Commerce in Kenya (AmCham) has said the country’s lack of commitment to ethics is standing in the...

Yattani squeezes Sh131b from agencies to fund Big 4 : The Standard

Government is seeking Sh131 billion including through emergency cost-cutting measures to fund Big Four projects. Ministries are now required to review spending to save at least Sh53 billion, while State corporations have to surrender earnings amounting to Sh78 billion. The drastic measures are contained in a memo sent by National...

Airtel subscribers suffer network outage : The Standard

Airtel Kenya subscribers were on Wednesday morning hit by network outage that disrupted calls and SMS services. The company in a statement confirmed the disruption assuring subscribers that it is working on restoring voice and message services. “We are currently having some technical challenges with our network. Due to this,...

Swiss says Airbus A220 flights resuming as engines pass inspection : The Standard

Reuters 16th Oct 2019 15:16:39 GMT +0300 Airline Swiss to resume normal service with its fleet of Airbus A220 jets. (Photo: Courtesy) Airline Swiss expects to resume mostly normal service with its fleet of Airbus A220 jets on Thursday after temporarily grounding the jets for safety checks of...

5 exercises for mental toughness : The Standard

Being your own boss, working in your own hours and taking more control over your income could feel like living the good life. Seldom do we think about the psychological price we have to pay for uccess; social isolation, lack of time for self-care and, in some cases, anxiety...

Russia buries cosmonaut Alexei Leonov, first human to walk in space : The Standard

Reuters 16th Oct 2019 14:31:01 GMT +0300 Cosmonaut Alexei Leonov, the first human to walk in space (Photo: Courtesy) Hundreds of Russians bade farewell to cosmonaut Alexei Leonov, the first human to walk in space, at a solemn funeral ceremony on Tuesday which culminated in a gun salute. ...

Sixth generation Camon 12 unveiled : The Standard

Chinese mobile manufacturer Tecno has unveiled its 12 generation of Camera centric phone, the Camon 12 series which will include Camon 12, Camon 12 Pro and the Camon 12 Air. The stylish Camon 12 is decorated with star lines patterned with a Nebula gradient giving it an impressive look...

Business lessons from rapper Russ : The Standard

Last week, I talked about a new found student whom I mentored over the phone. She was starting a beauty business. I made public the tips I gave her so that most of the frequently asked questions around the same topic can get answers. Thanks to everyone who wrote to...

President Uhuru launches Nairobi-Suswa SGR : The Standard

President Uhuru launches Nairobi-Suswa SGR passenger train service. President Uhuru Kenyatta has officially opened Phase 2A of the Standard Gauge Railway (SGR) from Nairobi to Naivasha for passenger services. The Standard Gauge Railway (SGR) is expected to promote development in East African countries, including Burundi, Rwanda and Uganda which also has a...

Consistency is key to entrepreneurial success : The Standard

Out of the self-improvement books I have read, and they are many, I have picked enough entrepreneurial lessons to last me to a lifetime. However, regardless of the lesson derived from whatever story read, one thing comes out clearly: That a large part of success is putting in the...

Cutting it in the jewelry business : The Standard

Racho Khaemba had always had a thirst for business, much to the displeasure of her parents who wanted her to go into employment. While in university, she tried her hand at different businesses before eventually finding her footing in the jewellery business, RachoFashion Sense. Her starting capital was Sh500....

Rise of Oracle Chemicals from the dirt : The Standard

Murtaza Shabbir Founder and Director of Oracle Chemicals. (Jenipher Wachie, Standard) Murtaza Shabbir had been on and off college, sometimes for lack of school fees, but mostly because he thought schooling wasn’t necessary for him. And when he was in school, he saved money from whatever business he was engaged...

Job scam alert! EABL denies mass recruitment : The Standard

East African Breweries Limited has issued an alert over a scam involving cons preying on unsuspecting job seekers. Adverts, which have been widely circulated on social media claimed the company was hiring entry-level staff. In one of such adverts seen by Standard Digital, applicants were asked to send their application letters to  and forward...

Battery-powered buzzer sticks to your forehead and stops you from snoring : The Standard

Mirror 16th Oct 2019 10:27:52 GMT +0300 If your partner snores, you'll likely be used to sleepless nights with a pillow placed firmly over your ears. But the days of not-so-gently nudging your partner to get them to be quiet could be a thing of the past,...

Luck played no role in shaping our business : The Standard

LuckyLady Shapewear founders, Edgar and Diana Ogendi during an interview with Standard on Thursday, September 26 regarding their business When Diana and Eddie Ogendi got into business together, they did not anticipate the challenges that came with running a business as a married couple. Six years ago, Diana Ogendi’s body...

Kenya’s appetite for costly loans recipe for crisis, says Mudavadi : The Standard

Amani National Congress party leader Musalia Mudavadi. Amani National Congress (ANC) party leader Musalia Mudavadi has warned that Kenya's appetite for expensive loans will plunge the country into economic anarchy. Mr Mudavadi criticised Parliament's decision to raise borrowing ceiling to Sh9 trillion ($85.7), noting the figure was unjustifiable. Addressing ANC party supporters at Kibra in...

How western Kenya towns became relics of loss and poverty : The Standard

Webuye Pan-paper that president Uhuru Kenyatta toured to see its revival progress and its still on its knee. More than 2,000 workers lost their jobs when the company closed. Started in 1848, Malakisi is arguably the oldest town in western Kenya and among the first industrial centres in the...

17 shortlisted for Auditor General : The Standard

At least 17 candidates have been shortlisted to succeed Edward Ouko (pictured) as Auditor General (AG). Up to 10 of those shortlisted are officials at the Auditor General’s office. The list of the candidates was published yesterday in local dailies by the Public Service Commission (PSC). It includes Deputy Auditor...
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U.K Ceremonial Figure Splashes Billions in Nairobi

Financial technology firms in Nairobi received a fresh lease of life after the Lord Mayor of London announced that Ksh1.1 billion would be...

Rains Destroy Busy City Road, Traffic Diverted

Kenya National Highways Authority (KeNHA) has announced that vehicles plying the Likoni - Lunga Lunga Road in Mombasa have been diverted. In a statement, the...

DP Ruto Orders Curriculum Change During Graduation

Deputy President William Ruto on Thursday, October 4, was speaking at a graduation ceremony where he ordered for the implementation of a curriculum change. While...

MPs Give Verdict After Punguza Mizigo’s Death

Members of Parliament who support the Building Bridges Initiative, on Thursday, October 17, released a statement on the unprecedented death of the Punguza...

Glaring Shame of Raila’s Neglected School [PHOTOS]

Kisumu Union Primary School in Kisumu County, formally known as Komulo Primary School was where Raila Odinga and his brother Oburu Odinga received...

Kipchoge’s Neighbours Now Unimpressed With Him, Here’s Why

Speaking to KTN, on Wednesday, October 16, residents of Eldoret voiced their displeasure with the manner in which World Marathon Champion Eliud Kipchoge came...

Uhuru’s Extraordinary Ksh65B Double Decker Super Highway [PHOTOS]

President Uhuru Kenyatta on Wednesday, October 16, commissioned the much-awaited Jomo Kenyatta International Airport (JKIA)-Westlands expressway. The 18.586km super-project is set to begin at...

High Court Bars Senators From Impeaching Governor

The High Court in Nairobi on Thursday, October 17 barred the Senate from debating the impeachment motion against Taita Taveta Governor Granton Samboja. This was...

Relief as Court Ruling Favours Waititu in Ksh588M Graft Case

Suspended Kiambu Governor on Thursday, October 17, received a consolatory win after a Nairobi court ruled in his favour in the ongoing Ksh588 million...

Sonko: I will transport bodies of Kighenda, her daughter to Makueni

Nairobi Governor Mike Sonko says he will — through his Sonko Rescue Team outfit — transport the bodies of Likoni tragedy victims, Mariam Kighenda and her...
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