business

Maiden Eurobond comes due : The Standard

Central Bank of Kenya(CBK) Governor Patrick Njoroge addressing the press at his office on Thursday May 28, 2019. Five years after Kenya went into the international market for its maiden Eurobond, it is time to pay up. On...

Uhuru unveils Sh30 billion partnership to offer youths quality jobs : The Standard

NAIROBI, KENYA: Five million youths across the country stand to benefit from a sh30 billion partnership aimed at creating quality jobs. The project also known as Young Africa Works in Kenya is aligned to the country’s economic priorities, including the ‘Big Four’...

Zimbabwe’s currency hits new low : The Standard

Reuters 20th Jun 2019 15:05:04 GMT +0300 A motorist counts money as he queues for petrol in Harare, Zimbabwe, January 18, 2019 Zimbabwe’s interim currency fell to a new low on the black market on Thursday and local...

Uhuru: I wanted to be a president because I wanted to be like my father : The Standard

President Uhuru Kenyatta at a State House function (PHOTO: Courtesy) NAIROBI, KENYA: President Uhuru Kenyatta has challenged Kenyans to stop concentrating too much on how to make money at the expense of passing good values to their children for a better tomorrow. ...

Why Mombasa real estate is collapsing : The Standard

Residential houses marooned around Nyali's Kwa Bulo areas in Mombasa County on Sunday,026th May,2019 following the ongoing heavy rains at the Coast . It is drizzling on a Friday afternoon when Alamin Siwa Somo, a real estate agent in Mombasa County arrives in...

Dining rooms for small spaces : The Standard

Small light flat in modern Scandinavian style Small spaces, such as tiny houses and apartments, often require more thought when arranging furniture. It might be tempting to consider not including a dining space just to save on space.  This need...

Different ways to keep the outdoors warm : The Standard

A well thought out outdoor fire does more than warming up your outdoor rooms A well thought out outdoor fire does more than warming up your outdoor rooms. It draws people to gather around and creates a relaxing ambience. From...

Cooking gas hawkers lose out as new regulations kick in : The Standard

NAIROBI, KENYA: You will no longer have the convenience of buying cooking gas at your neighbourhood kiosk or nearest petrol station. You will instead have to refill at outlets run by oil marketing companies that own the brand of your gas cylinder....

Why mortgage insurance is a must have : The Standard

There is a popular quote by American musician Tom Waits which has become common in contractual lingo that goes: “The big print giveth and the small print taketh away.” An article in a local daily recently suggested that up to 20 per...

Tips on picking table lamps for your home : The Standard

Tent Hotel room with bathroom When selecting a lamp, consider the style of the room. Is it traditional or contemporary? Ensure that the lamp size is proportional to the space. The shade should be half or three-quarters the size to...

Boda-boda fare payment goes digital : The Standard

NAIROBI, KENYA: A pilot project has been rolled out to enable Kenyans pay for boda boda rides using their cards. Visa has collaborated with KCB Bank Kenya and the Boda Boda Safety Association of Kenya (BAK) to digitise payments for the motorcycle...

Safaricom system maintenance to affect services : The Standard

Safaricom has announced an ongoing system maintenance, which limits users’ ability to forward and bar calls. The maintenance which started on Thursday morning and is expected to continue to Sunday morning. In a notice on Thursday, Safaricom said, “the minor system maintenance will...

Export of Fish oil, meal a threat to millions in Africa, Group says : The Standard

AFP 20th Jun 2019 06:57:47 GMT +0300 Greenpeace said "hundreds of thousands of tonnes of fish are made into meal or oil for export, to the detriment of about 40 million African men and women" The exporting of...

Pension crisis builds over

Acting Pensions Secretary and Director of Pensions Shem Nyakutu when he appeared before Nakuru High Court for the hearing of a case filed by over 52,000 retired teachers on 15-8-2016. An estimated 20,000 public officers who have retired this year...

Facebook unveils global currency after studying M-Pesa : The Standard

A 3-D printed Facebook logo is seen on representations of virtual currencies in this illustration picture, June 18, 2019. Facebook has unveiled plans for a new global digital currency called Libra, nearly three years after its founder Mark Zuckerberg visited...

State now cuts power plan on low demand : The Standard

Energy Cabinet Secretary Charles Keter. The Government has announced plans to cut back on plans to increase the country’s installed electricity capacity due to low uptake by large power consumers. Energy Cabinet Secretary Charles Keter said yesterday the ministry plans to increase...

Why taxman may miss revenue target : The Standard

Treasury Cabinet Secretary Henry Rotich. The Government is likely to miss its revenue collection targets in the upcoming financial year as its hands are tied from implementing new tax measures until October 1. This follows a court ruling last year barring...

Currency exchange ban weakens shilling at border town : The Standard

Currency exchange ban weakens shilling at border town. The recent ban on the exchange of the Kenyan currency by the Tanzanian and Ugandan governments has wiped out its value at the border points. A spot check by The Standard at the...

All set for anti-dumping agency : The Standard

Cabinet Secretary for Trade Peter Munya speaks at a Nairobi hotel on Wednesday,June 19 during a business media breakfast organised by the export promotion council. The Government will next month set up an agency to rid the country of cheap imports. ...

Financial advice from five self-made millionaires : The Standard

There’s no shortage of money advice. Even those who have no money seem to have something to say about how to make and maintain wealth. While their ideas might have some wisdom, the best people you can learn from on money matters...

Could it be right time to identify drivers of electricity demand? : The Standard

NAIROBI, KENYA: The economic growth in the last five years in Kenya has not been matched by growth in electricity demand. Demand for power has grown by an average of 2-3 per cent despite economic growth is at 5 per cent –...

Internet blackout hits Ethiopia’s pocket, but not seen deterring telecoms investors : The Standard

Reuters 19th Jun 2019 14:09:33 GMT +0300 An internet blackout in Ethiopia last week cost the economy millions of dollars and crippled businesses, but an analyst said it was unlikely to have a long-term impact on government plans to privatise the...

Resident moves to court seeking disbanding of KVDA Board : The Standard

Former KVDA MD David Kimosop. He moved to court to challenge his sacking early this month Troubles over the management of Kerio Valley Development Authority (KVDA) seems far from over after a man moved to Eldoret High court seeking to disband the...

Researchers develop AI able to identify things by sight, touch : The Standard

Xinhua 19th Jun 2019 12:27:54 GMT +0300 A laboratory of Massachusetts Institute of Technology (MIT) has developed an AI that can process and learn from visual and tactile information, according to MIT news published online on Monday. MIT's Computer...

State to release Sh65b to counties to settle pending debts : The Standard

The Treasury will release Sh65 billion to counties by end of this month for devolved units to settle debts they owe suppliers and contractors, Deputy President William Ruto (pictured) has said. Dr Ruto, who spoke yesterday after chairing an Intergovernmental Budget and...

US Embassy not ready to accept new Kenyan currency : The Standard

Mombasa resident Audrine Wa Kanyi verifies the new 1,000 and 50 Kenya Shillings notes on June 13, 2019. The United States Embassy is not ready to accept payments using the new Kenyan bank notes. The embassy said in...

NLC now paying pending SGR claims, but not all : The Standard

A section of the 120km extension of the SGR from Nairobi to Naivasha. The National Land Commission (NLC) says it is almost through with compensating those affected by the second phase of the Standard Gauge Railways (SGR). This...

Safaricom rolls out ‘reverse call’ feature : The Standard

Safaricom CEO Bob Collymore. You do not have to have money to make that urgent call from your mobile phone. Safaricom has introduced a reverse call feature that allows its clients to make calls on zero-airtime. The service...

Police launch crackdown on illicit brewers in Samburu Central : The Standard

Police have launched a crackdown on illegal manufacturers and distributors of illicit liquor in Samburu Central. Officers arrested eleven suspects linked to the illegal business during a crackdown held at Loikas village in Maralal. Samburu Central Sub County Police Commander Alex Rotich said...

US Embassy accepts new banknotes : The Standard

CBK Governor Patrick Njoroge (PHOTO: FILE) NAIROBI, KENYA: US Embassy in Nairobi is now accepting both the old and new currency notes, a retreat from Tuesday’s announcement asking Kenyans planning to make any consulate payment to use only the old currency. ...
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India’s sixth biggest city is almost entirely out of water

The floor of the Chembarambakkam reservoir is cracked open, dry and sun-baked. About 25 kilometers (15.5 miles) away, in Chennai, India’s sixth largest city,...

Tanzania launches appeal to raise bonuses for Taifa Stars

Tanzanian authorities launched a fundraising campaign on Thursday aimed at raising nearly half a million dollars to "motivate" the national team who...

The Standard – Kenya: Kahata seeks to dribble into Afcon fame | The Standard

Harambee Stars' midfielder Francis Kahata dribbles in a friendly match against Equatorial Guinea at Kenyatta Stadium. Gor Mahia midfielder Francis Kahata says club’s success...

2013 presidential aspirant nabbed with Sh13m drugs

17% of pupils abusing drugs, NACADA survey shows. Photo/Courtesy Zadock Angira @PeopleDailyKe Former soldier and unsuccessful 2013...

Hope at last for youth as Sh100bn fund set up

A fund targeting over Sh100 billion has been set up to train and help five million young people in Kenya to get...

America-based insurer targets expatriates in Kenyan entry

Cigna’s entry will step up competition for global health insurers. FILE PHOTO | NMG  American health...

Manhunt Launched for Govt Officials Who Grabbed KBC Land

The Directorate of Criminal Investigations (DCI) has launched a manhunt for senior government officials and politicians who grabbed land belonging to national broadcaster Kenya...
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