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Get skills in software development, that’s where the jobs are, report says

The most popular careers in Kenya and Uganda can now be revealed after IT Skills gap Report by the Nairobi Tech Week was launched Wednesday. Software developer jobs are in highest demand in the country, with over 50 per cent of job postings being in midlevel job category. “Only two...

Gold worth billions of dollars smuggled out of Africa

Billions of dollars’ worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – a Reuters analysis has found. Customs data shows that the UAE imported $15.1 billion...

Authentic brands

East Africa has now had a marketing industry for nearly six decades. In that time Kenya in particular has moved from a command economy to a market where brands influence consumer decisions. Some powerful brands have been built, and the best have sustained their appeal through the immense...

Employers should retain, re-skill workers in tech era

Joshua* was a data entry clerk about five years ago, earning a decent living and content with the fact that his knowledge in computers meant future job security. This was however not the narrative as he and a number of his workmates lost their jobs only three years in....

State’s poor track record deters Kenyans from housing plan

Among them is the loss of Sh21 billion in the Arror and Kimwarer dams being the latest scandal currently under investigations. According to Hinga, while many appreciate and understand the importance of the project, they cite a lack of trust as the key challenge to realizing the dream. Last week,...

What lies beneath and Petrichor

I am reading an Article by Robert Macfarlane headlined What lies beneath. The Article begins ''We live in an age of untimely surfacings'' and continues ''The same month, water levels in the River Elbe dropped so far that “hunger stones” were revealed – carved boulders used since the...

Pensioners counted in new drive to clean registry

At least 138,194 pensioners have so far been reviewed by the government in a new cleansing drive of the pension payroll. Latest figures from National Treasury show majority of those counted are from Rift valley (37,229) and central region (32,968) According to pension’s secretary Shem Nyakutu, the head count is...

Money stolen in four ATM’s

Barclays Bank of Kenya has confirmed theft in four of its ATM machines in Nairobi. In the last three days, a total of Sh11.2 million was stolen from several Barclays ATMs in what appears to be an organised theft ring. In a press statement, the banks said, "We are working...

Sh11m stolen from three Barclays ATMs in 3 days

A total of Sh11.2 million has been stolen from several Barclays ATMs in the last three days in what appears to be an organised theft ring. At KNH, Sh4.3 million was stolen from the Barclays ATM on Friday night at 11pm. A G4S staffer named Wilson Mzedi reported the incident...

The Act of Innovation

One goal of this column is to help entrepreneurs and leaders successfully make ideas happen. That is why I take the time to break down the elements that make ideas work. This is important to me because I understand that the innovation process goes beyond words. It is important...

20% annual rent increase high for majority of Kenyans

Majority of households cannot afford to pay 20 per cent increase in rent in a single year calling for the need for a wider pool of affordable housing stock. According to real estate developer HassConsult, there is need to review year-on-year increase of apartment rents around the city and...

Private firms set aside Sh50million for relief food

A number of private firms have collaborated to raise Sh50 million towards relief for hunger-stricken families. The joint famine relief initiative has so far mobilized 500 tonnes of food that will be distributed to over 100,000 starving Kenyans. ''I am proud to report that today our Famine Relief effort has...

Safaricom to reserve 5% of employment slots for disabled

Telco firm Safaricom has announced it will reserve five per cent of its employment slots for persons living with disability. Speaking during the Forum for Global Disability which the company hosted, Chief Human Resource Officer Paul Kasimu said the company has been progressively working to beat the percentage target. “Safaricom...

Higher tax on alcohol bad for consumers

The annual tax increment on alcoholic drinks will be a setback for consumers who are already grappling with high food and fuel prices. “If disposable income is challenged through taxation, then the bottom of the pyramid will hurt the most,” Kenya Breweries Limited managing director Jane Karuku said. According to...

Drought will not affect beer production

Your beer supply is safe for the rest of the year as EABL says it has enough grain stock to sustain production.  This means, the long drawn drought beer-lovers will still find their favourite brands at their locals throughout the year.  Speaking during a media briefing on Wednesday, the beer...

Sh10m counterfeit Samsung phones, accessories seized in CBD

Counterfeit Samsung phones and other accessories estimated to be worth more than Sh10 million were on Thursday seized in a sting operation. Acting on a tip off, Anti-Counterfeit Agency inspectors descended on seven mobile phone shops in downtown Nairobi along Mfangano Street and seized 213 fake phones. "We had received...

KCB confirms plans to buy loss making National Bank

According to Financial analyst Alykhan Satchu, he suspects a consolidation of the two is in the offing. “I suspect the merger is a consequence of shortage of capital on the side of National Bank,” Satchu said. In the period ending December 31, 2018, National Bank reported a 98.3 per cent...

Jimnah Mbaru sells 50 million of his Britam Shares to Swiss firm

    Mbaru, who sits at the board of Britam is now left with 114,800,100 shares valued at Sh8.50 per share or Sh1.4 billion according to data from Britam Annual report of 2017. Based on the report, Mbaru will still remain the top individual shareholder of Britam followed by Benson Wairegi...

Is KCB planning to buy National Bank?

Nairobi Securities Exchange has today morning stopped trading in KCB Group and National Bank shares over a material announcement affecting the two counters. This pointing out to a possible merger between the two banks. According to Financial analyst Alykhan Satchu, he suspects a consolidation of the two is in...

Telkom launches cloud service to support conference calls and videos

Telkom has launched a cloud-based fixed voice service for SMEs and corporates allowing unified and lower costs in communication. The technology, Omniconnect, will enable mobile phone to be used as telephone extension, eliminating security and data management issues. The service will also support conference calls and the have the...

Tech firm leverages on data to streamline public transport

The Easter season has picked up in earnest, as buses to upcountry routes as well as Mombasa register full bookings. “We have noticed high traffic to the website, with 1,500 visits daily,” said George Makori, chief operating officer at Voltic, the developers of transport logistics app iabiri which operates...

CBA cautions on securities price changes

Commercial Bank of Africa has warned on a possible change in the price of their securities following completion of the merger transaction with NIC Group Plc. CBA directors and shareholders on April 16 approved the proposed merger between CBA and the NIC Group Plc. The meeting also ratified other...

Nation Media Group 2018 pretax profit down 16.4 %

Pretax profit at Kenya's Nation Media Group fell 16.4 per cent to Sh1.6 billion ($15.83 million) in 2018, the company tweeted on Wednesday. The decline was "mostly due to depressed regional economies. Also impacted by discontinuation of government advertising business from July 2018 due to inordinate delays in settling...

More pain for workers as state defies court order to execute new tax

In April last year, the National Treasury announced that it was teaming up with the private sector to establish Kenya Mortgage Refinancing Company to enable them to build affordable homes for low-cost income earners.The firm is intended to finance commercial banks and savings and credit cooperative societies to...

Telkom-Airtel to finalise merger before December– official

The merger between telecommunications companies, Telkom and Airtel will be concluded before the end of this year, according to top official. Telkom managing director Kris Senanu said the ongoing merger process and the expected closed transactions are valid. In March, a National Assembly committee termed the planned merger a scandal. The...

Uchumi franchises Nairobi West outlet

Listed retailer Uchumi Supermarkets has gone into a franchise deal with local traders to operate the Nairobi West branch. The agreement will run for five years. They did not disclose the amount involved in the plan that has seen six stores start operations in the facility. The struggling retailer is...

Search on for Njiraini replacement as tax man exits KRA in June

The job of commissioner general of Kenya Revenue Authority has been advertised, paving way for the recruitment of another chief of the taxation authority. John Njiraini, who has been at the helm of KRA for a total six years in two terms of three years each, got an extension...

Miners say bad law making Kenya lose out

Kenya is losing billions in foreign exchange to Uganda due to flaws in the Mining Act, according to the Kenya Chamber of Mines. In an interview, chairman Charles Mwangi said the Mining Act as currently formulated has several bottlenecks forcing most dealers to opt to relocate their operations to...

CIC to venture into real estate to boost earnings

Listed insurer CIC has laid out plans to put up a real estate project in a prime property next to Tatu City. Tom Gitogo, CIC Insurance group chief executive officer made the announcement during celebrations to mark the insurer’s golden jubilee. The company reported a a 64 per cent increase...

Veteran communications specialist picked to head Tell-em PR

Communications specialist Joel Chacha has been tapped to lead communications and public relations firm Tell-em as general manager. “We are very pleased to announce the appointment of Joel Chacha as Tell-Em PR’s general manager. Joel’s broad mix of strategy, crisis communication and media relations experience will be a fantastic...
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Meet hot Kenyan model who bears striking resemblance to Mombasa governor Hassan Joho

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Nakuru Form Two student hawks toys, phone accessories to pay fees, take care of ailing mother

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UN adopts weak resolution on sexual violence in conflict

The U.N. Security Council has approved a watered-down resolution on combatting sexual violence in conflicts after eliminating language on providing “sexual and reproductive...

Declare your stand, team Tanga Tanga told

Declare your stand, team Tanga Tanga told Kiambu Women representative Gathoni Wamuchomba urged politicians allied...

Head of East & Southern Africa Sales at BitPesa

BitPesa is a digital foreign exchange and treasury solution platform that leverages cutting edge technology to significantly lower the cost and increase the speed...

Briton Grant found guilty of possessing explosives, to be sentenced May 9 » Capital News

In her judgement Gandani said Grant was guilty of being found with the materials being used for making explosives/CFM NEWS By...

Woman raped and murdered “by medical staff”

Asmat Junejo’s body was discovered by her distraught mother at the Sindh Government Hospital in Korangi on April 18. Family members were...

Kamau Nyabwengi: Making Kenya a golf tourism hub is our Goal : The Standard

Pro Coach David Opati (Orange Cap) taking 8th Cohort through the chipping session at Windsor Golf and County Club...
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