Recent Posts

January, 2017

  • 24 January

    Imperial Bank depositors’ long wait

    Fifteen months ago, Imperial Bank Limited (K) was placed under receivership. And it’s been hope against hope for depositors waiting to access their cash. In fact, some depositors have died due to shock, frustrations and lack of money to attend to their terminal illness aggravated by this situation, according to ...

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  • 21 January

    Nzioa Sugar managers in court over corruption

    The Nzoia Sugar Company managing director and six other senior managers from the firm’s finance department were on Friday charged in a Bungoma court with embezzlement of funds. Mr Godfrey Sifuna Wanyonyi, the miller’s managing director, and the six managers appeared before a magistrate and were charged with the loss ...

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  • 21 January

    Safaricom HR manager quits

    Safaricom’s HR director Maria Shipiri is set to leave the mobile services giant at the end of January after three years at the helm. In a memo to staff, Safaricom chief executive officer Bob Collymore said Ms Shipiri had left for personal reasons, Business Daily reports. “I wish to announce ...

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  • 20 January

    Afya House scandal firm fights back

    Estama Investments, the company at the Centre of Afya House’s Ksh1 billion mobile clinics scandal, has moved to court to have the freeze on its bank accounts lifted. The company claims that the money in the accounts was not acquired as a result of any corrupt dealings as alleged. Through lawyer ...

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  • 20 January

    New IEBC chairman talks tough

    New Independent   electoral and  Boundaries commission (IEBC) chairman Wafula Chebukati was sworn in today, and promised to deliver a credible, a free, fair, and transparent election in August. In his maiden speech after the swearing-in ceremony, Mr Chebukati stated that with the new team, the Independent Electoral and Boundaries Commission ...

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  • 20 January

    Safaricom maintains strong lead in mobile numbers

    Safaricom added 669,594 subscribers in the three months ended last September, maintaining its market leader position with a total of 25.94 million users even as the total number of active mobile phone users dropped by 1.2 million. The drop in total mobile phone subscriber base from 39.7 million reported in ...

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  • 20 January

    Bank of Africa to fire staff after going digital

    Bank of Africa (BOA) today announced that it plans to digitize most of its services in a move that will leave only 30 branches across the country and hundreds of employees without jobs. Nairobi County, which has the most branches, will now have 17, down from the current 25. The ...

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  • 20 January

    Dirty secrets of the 8 richest men

    The world’s eight richest individuals have as much wealth as the 3.6 billion people who make up the poorest half of the world, according to Oxfam. The charity said its figures, which critics have queried, came from improved data, and the gap between rich and poor was far greater than ...

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  • 19 January

    Nakumatt sells 25% stake to strategic investor

    Nakumatt Holdings has concluded a deal with a foreign firm, which has agreed to buy a 25 per cent stake in the company for $75 million (Ksh7.8 billion). Managing director Atul Shah said Wednesday the deal has already been concluded and they are only waiting for the money. “We are already ...

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  • 19 January

    University workers defy court order on strike

    Lecturers in public Universities today embarked on their industrial strike despite a court order stopping the same. In Kisii University lecturers joined their counterparts from other parts of the country in the push for salary increment. The Lecturers marched singing and shouting through the Central Business District causing traffic snarl-up ...

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  • 19 January

    Boost for tourism as cruise ship brings 1,049 tourists

    The tourism industry today got a major boost when a luxury cruise ship arrived in Mombasa with 1049 tourists on board. MS Nautica, a regular caller at the Port sailed into the harbour some minutes past 7.00 am from Zanzibar, Tanzania for a day long. On board the vessel were 654 passengers and ...

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  • 19 January

    New CEO to get Sh311m bonus

    Atlas African Industries Limited is set to award its newly-hired executive Willem Jacobus Bodenstein shares worth $3 million (Sh311 million) as his compensation for driving the company’s growth in the gaming business. The 2.3 billion Atlas shares to be allotted to Mr Bodenstein could see him become a significant –if ...

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  • 18 January

    Murgor fails to kick out Ahmednasir from Imperial Bank case

    The High court in Nairobi has dismissed an application by Imperial Bank Ltd seeking the removal of two law firms from the Ksh45 billion fraud case. Coulson Harney Advocates, and Ahmednasir Abdikadir & Co will continue representing the bank’s directors after the court declined to grant the orders sought by ...

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  • 18 January

    A kick for Bata over poor-quality shoes

    Bata Shoe Company has attracted the attention of quality assurance authorities following consumer complaints that its retail outlets sold to parents low quality school shoes that got damaged in the first week of the term, forcing many buyers back to the shops. The Competition Authority of Kenya (CAK) responded to ...

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  • 18 January

    Former Nation reporter appointed CEO of PR agency

    Former Daily Nation investigations reporter Samwel Born Maina has been appointed the East and Central Africa CEO of 360, a media and marketing agency. Mr Maina, a journalism graduate from Kakamega-based Masinde Muliro University, takes up the new role in a firm that is headquartered in Australia. Mr Maina, who ...

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  • 17 January

    Tullow hits a big oil well in Turkana

    British explorer, Tullow Oil, has hit another oil bonanza in Kenya, taking the country closer to hitting one billion barrels of recoverable reserves.  The company today announced more finds at the Erut-1 well in Turkana basin, in what is set to lift the country’s estimates of the black gold from ...

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  • 17 January

    Nakumatt increases electric shopping carts for physically challenged

    The National Council for Persons with Disabilities (NCPWD) has announced plans to embark on a national crackdown against property developers flouting the accessibility code for persons with disabilities. The Council, which is a state corporation mandated to facilitate a non-discriminatory environment for the country’s more than 6 million persons living ...

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  • 16 January

    SPLA chief Paul Malong Awan awarded honorary doctorate

    A Sudan university has awarded an honorary doctorate to General Paul Malong Awan, the Chief of General Staff of the Sudan People’s Liberation Army. The “special” recognition, according to Al Neelain University, is as a result of the General’s immense contribution to a harmonious and peaceful existence between different communities ...

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  • 16 January

    Now TUKO is most popular website in Kenya

    Kenya News. TUKO.co.ke has become the number one news and entertainment website barely two years after being set up by global consumer internet company, Genesis Technologies. A mix of trending local news, viral content, gossip and entertainment has seen the website rise over traditional leaders of the digital space like ...

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  • 16 January

    Naivasha social-enterprise Sanivation to battle for Ksh100 million booty

    Sanivation has been selected as one of 30 startups from across the world to be a finalist of Chivas Regal’s The Venture competition, a global search to find and support the next generation of start-ups that seek to succeed while creating a better future for society.  The Naivasha-based social enterprise ...

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  • 14 January

    It’s over guys, Nation CEO says as full list of sacked staff emerges

    Nation Media Group CEO Joe Muganda yesterday met the new team appointed on Thursday and assured employees that the layoff exercise has been concluded. Let’s get back to our desks and work guys, he told the skittish editors, some of who have been promoted while others demoted. He spoke on ...

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  • 14 January

    Banks blacklist Nation Media employees

    The ongoing restructuring at Nation Media Group is hitting even at employees’ wallets. Banks have blacklisted the leading media house as a loan guarantor for its workers and has stopped offering credit to them. It is understood that Standard Chartered bank stopped giving loans to Nation employees about four weeks ...

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  • 14 January

    Going gets tough for Airtel in Kenya

    Mobile operator fires half of its employees as revenues shrink Airtel Kenya has fired half of its employees as the mobile company struggles to keep afloat in the highly competitive market. The company yesterday announced that about 150 staff were being sacked. The company’s HR department, led Susan Onyach, had ...

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  • 13 January

    Ken Walibora among journalists sacked by Nation

    The ongoing restructuring at Nation Media Group has claimed more people than initially thought. The names of some of the people who have left Nation have emerged including senior editors and reporters as well as celebrated Kiswahili author and news anchor Ken Walibora Waliaula. From the list, it’s not easy ...

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  • 13 January

    How Nation’s new editorial structure will work

    The Nation Media Group has radically changed its editorial structure, which has resulted in redundancies but hoped to reduce expenses and bring in more revenues. The new structure, which leaves a number of editors redundant, is anchored on NMG’s digital-first strategy that prioritises breaking news on its digital platforms before ...

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  • 13 January

    NMG overhauls its editorial team

    Nation Media Group has made changes to its editorial management team. The changes reflect its new direction of online first journalism and is expected to increase appeal of its various products. The changes affect the Nation newspapers section. See below the memo from Editor in Chief, Tom Mshindi, which was ...

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  • 12 January

    Sunday Nation editor gets new post after sacking revoked

    Just hours after being sacked, Sunday Nation Managing Editor Eric Obino could be making a comeback at Nation Media Group – but in a different capacity. According to the latest reports from Nation Centre, Mr Obino was given a new lease of life after a board meeting decided to recall him. ...

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  • 12 January

    Daily Nation news editor Eric Shimoli fired

    Nation newspaper news editor Eric Shimoli is the latest to be pushed out of Nation centre under the ongoing restructuring. We have been reliably informed that Mr Shimoli, who has served in that position for many years too, was given his letter today morning, leaving the entire newsroom reeling in ...

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  • 12 January

    NMG sacks Sunday Nation managing editor Eric Obino

    Sunday Nation

    Tension among Nation Media Group (NMG) employees has hit feverpitch, after one of the managing editors was served with a redundancy letter, with two other senior editors targeted for sacking. Sources at Nation Centre, the company’s head offices, indicate that Sunday Nation managing editor Eric Obino was yesterday given his ...

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  • 12 January

    Surveyors to get free Britam cover

    Members of the Institution of Surveyors of Kenya will benefit from discounted insurance rates offered by Britam. The two companies have signed a partnership that will see the over 3,000 members access motor private, motor commercial, professional indemnity and domestic insurance covers at discounted rates of up to  10  percent ...

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  • 12 January

    APA offers online marine insurance

    APA Insurance, a subsidiary of Apollo Investments, has incorporated its Marine Insurance Cargo offering with the Kenya Trade Network Agency (KENTRADE) National Electronic Single Window System (Kenya TradeNet System) to provide online marine insurance.  This is in line with the Insurance Act CAP 48 Section 20 which commenced on 1 ...

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  • 12 January

    1,700 KCPE stars given wings to fly

    Equity Group Foundation on Monday commissioned 1,700 Wings To Fly scholars to join various secondary schools across the country. The Wings to Fly Program, which has so far benefited 14,368 students, will see the eighth cohort of 1,700 students this year get full sponsorship for the four years. The 2017 Wings ...

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  • 12 January

    Entrepreneurs get Sh20bn from Europe

    The European Investment Bank (EIB) has confirmed it supported East African entrepreneurs with EUR 92 million (Ksh20 billion) in 2016. Speaking to media in Nairobi on Monday January 10th senior representatives of the European Investment Bank, confirmed lending to support investment by companies across East Africa region. The European Investment ...

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  • 11 January

    Savannah Cement to double cement production

    Local cement manufacturer Savannah Cement has resumed full-scale operations following a major plant overhaul over the festive season. The firm, which has traditionally undertaken its annual maintenance works in the last quarter of the year, has now adopted a festive season shutdown to minimize supply disruptions. Savannah Cement Managing Director ...

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  • 11 January

    SGR locomotives arrive in Kenya

    The first batch of the freight locomotives for the Standard Gauge Railway (SGR) arrived in the country this week ready for the line testing process later on in this first quarter. The locomotives were received  by the Cabinet Secretary for Transport, Infrastructure, Housing, and Urban Development, Mr James Macharia, at a ceremony held at Mombasa’s ...

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  • 11 January

    Source India Expo opens in Nairobi

    India-based ProTrade is hosting the Source India Expo at the Kenyatta International Convention Centre (KICC) in Nairobi, Kenya this week. The three-day expo is running from January 11-13, 2017 at the KICC, and brings together India traders looking to partner with Kenya business people in new business ventures to expand and identify ...

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  • 11 January

    Coast tycoon TSS dies

    Prominent Mombasa business tycoon and Moi-era politician Tahir Sheikh Said, popularly known as TSS, has passed away at the age of 74. The news of his death broke on Tuesday morning and shocked many. Confirming the death, his elder son Mohamed, said TSS who was undergoing medical treatment at the Milpark Hospital in ...

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  • 11 January

    Anne Waiguru: My Sh160 million wealth is peanuts

    Anne Waiguru is at it again. This time she’s talking wealth. The former Devolution Cabinet Secretary describes her wealth – which she figures at Ksh80 million – as nothing to write home about! Speaking to Citizen TV, for the first time about her wealth, Ms Waiguru insists that she did ...

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  • 11 January

    Electronics top sales on OLX

    Electronics are among the most sold items on OLX with 330,000 items listed for sale the past year. This is attributed to small and medium sized businesses who use this platform to sell their products. A rising number of businessmen within the CBD have realized a market within the online community ...

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  • 10 January

    100 graduate from digital talent programme

    ICT and engineering graduates who have been undergoing a 12-month internship in public and private sector institutions under the Presidential Digital Talent Programme (PDTP) will graduate tomorrow Wednesday 11th January at the Kenya School of Government. ICT Cabinet Secretary Joe Mucheru and his Education counterpart Dr Fred Matiang’i will preside over the ...

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  • 10 January

    Kenya Airways fires 38 more employees

    National carrier Kenya Airways has today fired 38 more employees as part of its restructuring geared at turning its fortunes around. The airline announced that it had entered the second phase of a comprehensive restructuring that has already started bearing fruits. Phase one, implemented in July 2016, saw 80 employees ...

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  • 9 January

    Managing editor to go in NMG restructuring

    Sunday Nation

    The Nation Media Group (NMG) has come up with a new editorial structure as part of its restructuring aimed at cutting down on staff in an effort to reduce expenses.  The company has created a new editorial management structure which reduces the number of managing editors on the Nation newspapers. ...

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  • 9 January

    KUJ forces NMG to suspend layoff

    The Kenya Union of Journalists (KUJ) today registered what may pass as a pyrrhic victory against Nation Media Group after the court forced the media house to delay the planned sacking of its employees. Insiders say had NMG planned to release the list of those to be fired today, but ...

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  • 9 January

    Kilimall shoppers to pay with Bonga points

    Leading online Shopping Mall Kilimall has signed up for Safaricom’s plan that allows customers to pay for products and services using loyalty points. With a redemption value of 10 points for Sh2, Kilimall becomes the first online store in Kenya to accept Bonga points as payment. Kilimall Managing Director Robin ...

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  • 7 January

    In quest for a great story, Citizen TV crew watches a baby die during birth

    What was supposed to be a human-interest story on the ongoing strike by nurses has left Citizen TV reporter Ann Mawathe with egg all over her face. Ms Mawathe, her camera person and their driver – in search of what would be an award-wining story – gleefully trailed a pregnant ...

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  • 6 January

    Top editors on a go-slow as NMG sacks 6 journalists

    Six newspaper correspondents have been sent home as Nation Media Group (NMG) retrenchment gets under way. The journalists working for various bureaus were this week given sacking letters as part of the media house’s restructuring to cut costs by maintaining a lean workforce. The six – four from Eldoret bureau, ...

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  • 5 January

    Monitor water pumps on phone

    Tracking motor vehicles is not new to Kenyans. Competition to install affordable tracking devices is fierce but essential for fleet managers who receive reports online and track vehicles from the comfort of their desk. Now water pumps can also be monitored remotely using this technology. The wide GSM coverage from ...

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  • 5 January

    President briefed on KQ restructuring

    President Uhuru Kenyatta today at State House, Mombasa, met the Chairman of the Board of Kenya Airways, Michael Joseph, who briefed him on the latest initiatives on restructuring of the national carrier. Mr Joseph, updated the President on the current process of recruiting a new Chief Executive of the airline ...

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  • 5 January

    Nakumatt gets a lift from back-to-school sales

    Nakumatt has confirmed that its upcountry branches continue to lift its topline sales as the back-to-school season gets under way. The retailer’s outlets in Nanyuki, Meru, Kakamega, Bungoma, Busia, Eldoret, Kitale, Nakuru, and the Coast region have posted good customer footfall in the New Year. With an early Form One reporting phase ...

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  • 5 January

    Airtel names new chief commercial officer

    Bharti Airtel has announced the appointment of Rajeev Sethi as the Chief Commercial Officer for its Africa operations. He will report to Raghunath Mandava, MD & CEO, Airtel Africa. In his new role, Rajeev will be responsible for the formulation and implementation of customer-centric commercial strategies across all the 15 ...

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  • 5 January

    KQ signs code-share agreement with Hong Kong Airlines

    KQ

    Kenya Airways (KQ) has signed a codeshare agreement with Hong Kong Airlines on the Bangkok-Hong Kong route to improve connectivity in Asia. The agreement will see Hong Kong Airlines load Kenya Airways flight code on the Asian carriers’ seven daily flights between HKG and BKK from October 3, 2016. This ...

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  • 4 January

    Tension at NMG as layoffs begin

    The planned massive layoff at Nation Media Group has started with about 30 journalists targeted for removal from its editorial department. The company’s human resources department has already had individual talks with some 25 journalists since the beginning of the year, during which each was informed of the intention by ...

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  • 4 January

    Drugs suppliers must take lead in fighting counterfeits

    The World Health Organization (WHO) estimates that about 10 per cent of global pharmaceutical supply is counterfeit and substandard. Yet the percentage of substandard medicines in Sub-Saharan Africa is even higher, if we are to go by the figures indicated in the Journal of Pharmaceutical Policy Practise published in November ...

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  • 4 January

    FEP Holdings partners with UAP to offer insurance services

    UAP-Old Mutual Group and Fountain Enterprises Programme (FEP) Holdings, a diversified investment company, have signed a partnership agreement that enables the insurance company tap FEP Holdings network across 44 counties. Through the partnership, FEP Holdings seeks to generate over Ksh70 million in revenues from about 10,000 members next year, and ...

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  • 4 January

    Sh2.4 billion modern library nears completion

    Construction of the Ksh2.4 billion ultra-modern national library complex in Upper Hill, Nairobi is nearing completion ahead of its planned opening this year. The project started in April 2012 and is currently 65 percent complete. Already, five floors on Wing 1A under phase 1 of the project have been fitted ...

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  • 4 January

    KTN news editor charged with stealing Joy Doreen’s Benz

    KTN’s news editor Aaron Ochieng’ was yesterday charged with handling stolen property belonging to his colleague, Joy Doreen Biira. Mr Ochieng’ was arraigned at the Milimani law court and charged with stealing the news anchor’s million Mercedes Benz valued at Ksh2.8 million. Police recovered the car in Kisumu with its ...

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  • 3 January

    Tea picker bags Sh21 million SportPesa mega jackpot bonus

    A 34-year-old’s prediction of a home win for Belgian First Division A team Charleroi made him to narrowly miss winning the Ksh147 million in last week’s SportPesa Mega Jackpot. Mr Geoffrey Chepchilat, however, managed 16 correct predictions out of the 17 in the Mega Jackpot Combo to win Ksh21,000,850 bonus ...

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December, 2016

  • 31 December

    Theft or conspiracy? How Joy Doreen Biira’s Benz was stolen

    When KTN news anchor Joy Doreen Beira’s Mercedes Benz E220 mysteriously disappeared from the parking lot at Standard Centre two days to Christmas Day, it appeared like the work of a car theft syndicate. It was a normal working day for Joy Doreen as she frantically prepared the business bulletin ...

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  • 24 December

    NMG braced for massive layoff

    Tension is growing at Nation Media Group (NMG) as the clock ticks towards end of the year, when the company is expected to sack a number of employees to wrap up its two-year restructuring. The CEO, Mr Joe Muganda has intimated that it will be a “massive layoff” that will ...

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  • 23 December

    CBK staff who crafted Sh35bn Imperial Bank fraud

    With just days to the end of the year, a dark cloud still hangs over Imperial Bank. While a forensic report shows those believed to have perpetuated a scheme of fraud that led to the collapse of the bank, the authorities are feet-dragging in what is feared could let fraudsters ...

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  • 21 December

    Imperial Bank fraud a CBK conspiracy

    Just over a year ago, when Imperial Bank was put under receivership, Central Bank governor Dr Patrick Njoroge was so bullish about its revival that he promised to sort the issue in a matter of months. But 14 months later, that exuberance has turned into a convoluted journey of legal ...

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  • 20 December

    Nation to fire more employees in January

    Nation Media Group (NMG) employees will have a very anxious Christmas after the company today announced plans to fire employees at the beginning of the year. At a pre-Christmas staff meeting held today at its headquarters at Nation Centre, CEO Joe Muganda said the final phase of its new strategy ...

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  • 19 December

    Nakumatt opens third branch in Rwanda

    Nakumatt has opened its 64th branch in Kigali, Rwanda. The new Nakumatt Kagugu Supermarket covering a shop floor space of more than 5,000 square feet and located at Merez Centre Kagugu pushes the retailer’s branch footprint in Rwanda to three branches. Nakumatt Holdings Managing Director Atul Shah reiterated the firm’s ...

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  • 19 December

    2,500 youth graduate from training and employment programme

    Some 2,500 young Kenyans on Friday graduated from a youth education-to-employment programme – “Generation Kenya – supported by the United States Agency for International Development (USAID) and the McKinsey Social Initiative.  The programme provides technical and professional skills training to address youth unemployment in Kenya.  Of those who graduated, 95 ...

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  • 19 December

    Chinese firms to set up Sh20 billion industrial park in Kenya

    A multi-billion-shilling industrial park is set to be constructed at Kenya’s Export Processing Zone (EPZ). Two Chinese companies are investing Ksh20 billion ($200 million) in the Sino-African Incubation Park, which will be located in Athi River. The investment, a joint venture between CIFAL International Ltd and China International Investment, will ...

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  • 19 December

    Kilimall sweetens deals for Christmas shoppers

    Online retailers have turned the battle for shoppers to Christmas and New Year as the festive season takes centre stage.  Players in the online retail segment have already rolled out enticing offers which include huge discounts and other rewards. Kilimall last week launched its Christmas campaign – Timiza Ndoto –  which ...

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  • 15 December

    Little Rock that holds hope for disabled children

    At a playground of an ECD school on Lemule Road, Olympic Estate, Kibera slums, a 10-year old boy sits in a wheelchair and behind him is a friend to wheel him around. Born with spinal bifida, Ismael Kihimba struggles to do most things by himself. At the back of the ...

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  • 14 December

    Larry Madowo wades into murky Ghafla-Ringier fallout

    NTV news anchor Larry Madowo has added a new dimension to the fallout between Ghafla and Ringier Africa Digital Publishing, claiming that the Swiss media company could have taken advantage of Samuel Majani, the owner of the gossip site, to rip him off. In his FrontRow column published in Daily ...

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  • 14 December

    M-Pesa has lifted 850,000 out of poverty

    Safaricom’s mobile money platform M-PESA has lifted 194,000 households or 850,000 individuals out of poverty in its 10 years of existence, according to a report published in a widely respected academic journal. The Science journal reports that the impact, which is more pronounced for female-headed households, appear to be driven ...

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  • 13 December

    Entrepreneurs to get seed capital

    Local entrepreneurs have a chance to get seed capital following the announcement of the third round of Tony Elumelu Foundation (TEF) Entrepreneurship Programme that has so far benefited 242 Kenyans. The Tony Elumelu Foundation announced it will begin accepting applications on January 1, 2017. The programme is the Foundation’s 10-year, US$100 million ...

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  • 13 December

    CBK implicated in Sh35 billion fraud at Imperial Bank

    Central Bank of Kenya (CBK) officials have been accused of forging inspection reports and doctoring board papers with the help of Imperial Bank management in a case seeking to unravel how the bank became insolvent, forcing it into receivership. Imperial Bank shareholders and directors say CBK colluded with the former ...

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  • 13 December

    Preview: CNN reports on Kenya’s geothermal energy

    Africa’s Energy Surge, a special series of reports on CNN this week, looks at how Kenya is harnessing geothermal as an energy source. During the report, CNN visits one of Kenya’s largest flower farms, Oserian Farm, where almost all of the farm’s power comes from its own geothermal power plants. ...

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  • 13 December

    Savannah Cement bets big on infrastructure projects

    Savannah Cement has significantly enhanced its supply focus to local and regional infrastructure development projects such as roads, dams and related large ticket initiatives geared at diversifying the firm’s revenue streams while enhancing its market share. Savannah Cement Managing Director Ronald Ndegwa, who was speaking during a customer visit to ...

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  • 13 December

    KCB disburses Sh23.5 billion social welfare funds

    Inua Jamii Social Protection Plan reaches 557,551 Beneficiaries across 47 Counties KCB Bank Kenya has disbursed at least Ksh23.5 billion under the government’s social welfare programme Inua Jamii over the past one year, putting money in the pockets of thousands of beneficiaries. Latest government statistics show that this year alone, ...

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  • 13 December

    Five things every business must do to survive in the 21st century

    Globalization of the economy, the breaking down of national boundaries and the organization of nations into regional economic blocs have made the business environment complex and continues to threaten the survival of many Kenyan businesses, according to a Nairobi-based Knowledge Centre. Sustainable Inclusive Business (SIB) – a partnership between the Kenya ...

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  • 9 December

    Swiss media firm falls out with Ghafla

    Acquisition by Ringier hits a dead end after discovering Ghafla manipulated figures  After three months of a shaky marriage, news site Ghafla and Swiss media firm, Ringier, are divorcing. Ringier management announced the fallout this morning, sparking confusion among Ghafla employees who have been left without an office as they ...

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  • 9 December

    Nakumatt sets eyes on Rwanda as it opens new branch in Nairobi

    Regional retailer Nakumatt Holdings today opened a new branch along Mombasa Road, Nairobi, making its 63rd store in East Africa. The new Nakumatt NextGen Supermarket is located at the NextGen Mall and has opened its doors in a move aimed at improving service delivery to Nakumatt’s ever growing customer base. ...

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  • 8 December

    Quack journalist in court for stealing tea at city hotel

    A fake journalist was today charged with stealing a KTDA gift hamper at Intercontinental Hotel in Nairobi, turning the spotlight on the growing breed of imposters who hop from function to function looking for food and handouts. David Wandera Ojiambo appeared before Senior Principal Magistrate Charity Oluoch but denied stealing the ...

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  • 8 December

    Safetrac, DAMCO partner in cargo tracking solutions

    Safetrac Ltd, a fleet information, tracking and management company, has announced a new partnership with Damco one of the world’s leading providers of freight forwarding and supply chain management service. Through this new partnership, Safetrac will provide Damco with a standard vehicle tracking solution, IMT 54, which enhances cargo security for vehicles ...

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  • 8 December

    Sh200m business recovery centre set up

    Continuity EastAfrica – a subsidiary of Internet Solutions Kenya – has launched operations in ICT resilience, enterprise risk management and business continuity management (BCM) advisory services targeting public and private businesses in East Africa. “Calamities have devastated businesses. BCM is a framework for identifying an organization’s risk of exposure to ...

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  • 8 December

    KCB targets youth with trendy solutions

    KCB Bank plans to deepen its youth proposition in the coming year by rolling out a series of targeted financial solutions, riding on its revamped digital platform. Under its flagship KCB Bankika Account, the Bank said it hopes to deepen its financial inclusion agenda for the youth as its next ...

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  • 7 December

    KUJ takes battle for higher pay to court

    The Kenya Union of Journalists (KUJ) has sued the Nation Media Group and Standard Group for declining to give journalists a pay increase this year. KUJ, which has now raised its demand to 50% pay increase for unionisable journalists, has hired lawyer Ogeto Ongori to represent the union. Mr Ongori ...

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  • 7 December

    People Daily back on weekend with showbiz newspaper

    Mediamax Network Ltd has launched a weekend entertainment paper as it seeks to re-energise The People Daily (PD). This comes a year after scrapping weekend editions as part of a restructuring that saw it retrench over 50 staff members including some of its top journalists. PD Wikendi made its debut last ...

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  • 7 December

    Drama as leaders fight to save preterm baby

    Frantic efforts by the County Government of Kiambu and Kiambaa MP Tuesday saved the life of a premature baby boy by relocating him to fully equipped hospital and paying the expenses. The 1.3kg baby was delivered during the current strike by doctors and nurses at the Kihara sub-county Level 4 ...

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  • 7 December

    After big Black Friday sale, Kilimall extends deals into December

    Online shopping mall Kilimall Black Friday sale soared this year, growing three times more compared to last year. The leading online marketplace says in its Black Friday report that sales from the shopping festival marked on November 25th grew by 300% from 2015, as more Kenyans took advantage of huge discounts ...

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  • 7 December

    Kenya gears up for Sh100 million social enterprise contest

    In September 2016, Whiskey Brand Chivas launched the third year of The Venture – a $1 million (Ks100 million) competition for aspiring social entrepreneurs in Kenya who want to succeed while making a positive impact on the lives of others. The launch of “Chivas – The Venture” follows a global report ...

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  • 7 December

    Tourism boost as cruise ship arrives with 216 tourists

    A luxury cruise ship carrying 216 tourists and 222 crew members from different nations arrived in Mombasa Tuesday morning from Seychelles, giving a major boost to Kenya’s tourism industry.  The passenger ship MS Silver Cloud, which is operated by Silversea cruises, is one of the most spacious cruise ships with ocean-view suites ...

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  • 7 December

    Japanese drugs firm invests Sh100m in regional hub

    A Japanese Pharmaceutical company, Rohto Mentholatum, has invested more than Ksh100 million to establish a business hub in Nairobi to market healthcare and beauty products in the Eastern Africa region. Country Director Fumiko Akojima said the regional hub will introduce products tailored for specific needs. Akojima said the company will ...

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  • 6 December

    Johnstone Mwakazi left jobless as another TV station goes off air

    WTV, one of the newest television stations in Kenya, has been shut, leaving close to 50 employees in the cold, including Johnstone Mwakazi. The station, which started in June 2013 and known in full as Wholesome TV, went off air yesterday. Employees were told broadcasting had been suspended until further ...

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  • 6 December

    IT firm bribery probe to touch Kenya banks 

    The ongoing bribery investigations on Cognizant Technology Solutions (CTL) could spill over to the firm’s clients based in other countries, including parts of Africa where the US-based IT company is starting to gain traction. By end of October, Cognizant investors has lost over $4.5 billion, with industry analysts expressing fears that ...

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  • 6 December

    Private sector growth on a rebound

    Kenya’s private sector reported solid improvement in business conditions in November, after growth easing to a four-month low at the start of the last quarter of 2016. According to the Purchasing Managers’ Index (PMI) survey released by Stanbic Bank and HIS Markit, the seasonally adjusted PMI rebounded to 53.3 in November, up ...

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  • 6 December

    Solar powered pay TV launched

    Leading UK based provider of PayGo Solar home systems, Azuri Technologies, and payTV firm Zuku today launched the world’s first pay-as-you-go satellite TV package targeting households without electricity in the Kenya. Combining solar home power, 24-inch TV, satellite dish and Zuku Smart+ entertainment with 48 TV and 21 radio channels, the ...

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  • 6 December

    KNA launches online photo archive

    The Kenya News Agency (KNA) will tomorrow launch its online historical photos archive, www.urithi.go.ke, in Nairobi. The exhibition contains ‘never-before seen images’ on Kenya’s rich history dating back to the 1940’s. The Urithi portal is the first historical public portal. The portal has a collection of over a million historical images ...

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  • 5 December

    Patients escape from Mathari Mental Hospital

    A major operation has been launched to find more than 100 patients who escaped from Mathari hospital in Nairobi on Monday morning. Management said the patients fled while doctors gathered to take part in a nationwide strike that began today. [WATCH VIDEO BELOW] “We saw some of the patients jumping ...

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  • 5 December

    Magic stone that treats snake bites

    A Kakamega based paramedic is introducing a new model of embracing indigenous medicine as a first step in combating snake bites in areas far away from medical facilities. Unpacking a personal experience, Oliver Aligula of Kakamega General Hospital confirms the efficacy of a locally sourced black stone in the treatment ...

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  • 5 December

    Athlete demands millions from drugs maker over advert

    Pharmaceutical company Rohto Mentholatum and its distributor have been sued by a local athlete for using his image to promote the muscle pain relief spray “Deep Heat” on social media platforms. Sportsman Joseph Kibunja has moved to court citing commercial exploitation by Rohto Mentholatum (K) Ltd and its distributorship agent, ...

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  • 5 December

    Equity is Kenya’s most attractive bank

    Equity Bank has been ranked as the most attractive bank for investment as per the Cytonn 2016 Banking Sector report. Cytonn’s Chief Investment Officer Elizabeth Nkukuu attributed the growth of Equity to continued investment in the innovative new channels of agency and mobile banking, diversification and regional expansion, including the acquisition of ...

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  • 5 December

    Nakumatt eyes big festive sales

    Nakumatt Holdings expects a significantly good trading period this festive season. Based on the firm’s internal economic projections, the retail giant projects a positive sales growth of up to 34% through to January next year. Nakumatt Holdings Managing Director Atul Shah says the festive season, which traditionally kicks off with Diwali festivities, ...

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  • 2 December

    Boda boda man wins Sh12.6m SportPesa jackpot

    A 34-year old Boda Boda rider is the latest SportPesa jackpot winner after correctly predicting the outcomes of 13 football matches in this week’s jackpot games. Geoffrey Kipng’etich, who started betting two years ago, said it was a dream come true. Kipng’etich, a resident of Keringet District in Nakuru County, ...

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  • 2 December

    Anxious Christmas for blogger Cyprian Nyakundi as jail beckons

      Pesky blogger Cyprian Nyakundi will spend his Christmas mulling over the possibility that he could go to jail for six months for disrespecting the courts. He could find himself in further trouble should the High Court attach his property for disobeying its orders. The blogger was on Thursday found ...

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