FEATURED STORY
This section offers a critical and insightful take on various issues in the news – economy, business, markets and politics.
Kenyan arrested in US over Sh80 million fraud
Muthini Nzuki is accused of diverting over Ksh 80 million from a University of Connecticut account that were intended to go to Dell computers
Kenya to host global conference on education
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This is the second time Kenya would be hosting such a meeting with the last conference that brought scholars from all over the world being the one held at Kenyatta University in 2016
Nakumatt closes two outlets in Western
The two branches were opened in 2015 at a cost of Ksh 200 million as part of the firm’s strategy to enhance its presence in county headquarters across the country
Kansai Plascon to train 10,000 painters annually
Venture aims at checking the infiltration of unprofessionals who offer poor workmanship coupled with counterfeit paint products in the construction industry
Dayliff unveils Sunlite solar kits
The high performance Ksh 1,600 Solar lantern –Sunlite L10 - can operate for periods of 8 to 100 hours, depending on level of brightness, and includes a built-in phone charger
Woolworths TRM branch closed
It becomes the latest retailer to feel the impact of a depressed economy, which has already jolted supermarket chain, Nakumatt Supermarkets
Banks in new push for review of interest rates cap
Kenya Bankers Association warns credit to private sector is almost coming to a halt while lenders are becoming very risk sensitive hurting those without adequate collateral
Travel agents’ plea as poll impasse persists
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Kenya Association of Travel Agents says they have lost Ksh 1.6 billion due to depressed business travel, which could double if current uncertainty is not urgently resolved