Monthly Archives: May 2022

Government Considers Setting Up Advisory Board To Accelerate Innovation

The government through the Ministry of ICT, Innovation and Youth Affairs is considering to set up a Startups Advisory Board to support the development...

Shock Of Witchcraft Being Used To Molest Children

Witchcraft accusations and ritual attacks against African children are hidden and ignored, yet they are one of the most gruesome forms of violence against children.

African CEOs Score Poorly On Climate Change Strategies

PwC has urged business leaders to urgently drive effective Environmental, Social and Governance (ESG) research as this is critical to performance as it can...

KCB Named Best Bank In Kenya For Sustainable Finance

KCB Bank has been named as the ‘Best Bank in Sustainable Finance in Kenya 2022’ in recognition of its efforts in creating a more sustainable business enterprise through deliberate socio-economic interventions. The award announced by Global Finance, recognizes global, regional...

Bitcoin Miners Move to Texas, Power Grid Operator Warns of Blackouts

The load on the power grid could increase by twice the consumption of the Austin metropolitan area in two years. Cheap electricity prices and...

How NMG Stole ‘Business Daily’ Idea From South African Investors

The newspaper, a publication of Nation Media Group, was launched in March 2007 and has over the years created a niche in the Kenyan economy with its signature salmon pink colour adopted from the UK-based Financial Times.

Standard Group Stuck In Red Mud Despite Revenue Growth

With a smaller loss of Ksh73 million realized in a difficult year like 2021 where Covid-19 pandemic hit most business, the business is riding an optimistic wave that 2022 will  be a better year, lifted for the most part by increased advertising related to the 9th August general elections.

Kenya, The Netherlands Ink Deal To Transport Flowers By Sea

The Government of the Netherlands and Kenya Flower Council have signed a Framework of Cooperation on the adoption of sea freight for perishables in...

EABL Starts Construction Of Ksh1 Billion Microbrewery In Ruaraka

East African Breweries Plc (EABL) has today commissioned the construction of a microbrewery at Ruaraka, Nairobi, that will serve as an innovation center for...

BBC Planned 1,000 Staff Layoff Stirs Anxiety At Nairobi Bureau

In the current restructuring, regional TV news programmes in Oxford and Cambridge are also among the services being scrapped merging with the BBC’s Southampton and Norwich operations.