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Latest Business news in Kenya and political news from Kenya

MKU Steps Up Mental Well-being Programmes After Student’s Death

In addition, all the affected students - who were residing outside of the main campus when the incident happened - have been accorded accommodation in the university hostel for free and for an unlimited amount of time.

Ksh300M for Mjengo Workers: KCB Foundation, GDC Announce Ksh300 Million Partnership

The programme will target a total of 60% male and 40% female, with a bias towards unskilled individuals previously working in the construction sector. The youth will be trained in masonry & brickwork, carpentry & joinery, plumbing & pipe work, electrical installation and welding & metalwork.

Kenya’s GDP Projected to Recover to 5.3% in 2021 – NCBA...

The report further cites that vaccination remains a major policy imperative in achieving strong, sustainable, and inclusive growth which, subject to vaccine availability, could enhance confidence later in the year.

Jimmy Wanjigi for President? Billionaire Throws Hat in 2022 Ring

Jimmy Wanjigi is best known to many Kenyans as a high-rolling power broker and businessman worth billions of shillings. Soon, however, he might be a name on the ballot in the 2022 Presidential elections after confirming his interest in the top seat.

Greenhouse Con: Goldenscape Owner’s Multi-Million Assets Frozen as Case Continues

His company, Goldenscape Greenhouses, had promised investors hefty returns on a regular basis for investing in greenhouses. The firm ran a glitzy marketing campaign, roping in media houses to air ads and live events.

Teachers’ Woes Pile on as Mwalimu Sacco CEO Suspended

SASRA's Anti-Fraud Unit suspended CEO Alphonse Kaio and Board Chair Wellington Otiende. The suspension comes amid a Parliamentary probe into the controversial acquisition of cash-strapped Spire Bank in 2020 by the sacco from tycoon Naushad Merali.

Chris Kirubi is Dead

Kirubi was 80 years old - and was known for his wide-ranging investments in companies including Centum Plc and Capital FM (Capital Group Limited). Capital FM, where he was also a deejay under the name DJ CK - was first to confirm the news of his passing, citing an announcement by the family.

Email Spoofing Attacks Doubled in 2 Months – Kaspersky

“Spoofing may seem primitive when compared to some of other techniques used by cybercriminals, but it can be very effective. It can also just be the first stage of a more complex business email compromise (BEC) attack - attacks that can lead to identity theft and business downtime, as well as significant monetary losses."

Kenswitch: Managing Director Appointed to Drive New Strategy

Prior to this appointment, Ms. Ithau served as the Head, Sales Network at Interswitch supporting the East Africa Region, a position she held for the last five years. She has previously worked as the General Manager and as Head of Business Development at Paynet (K) Limited. She also held the position of Head of e-Banking – Corporate and Institutional Banking Division at the Standard Chartered Bank.

At Kenyan University, a Paradox In Shortage Of Professors

Kenyatta University Vice Chancellor, Paul Wainaina, revealed this when he recently raised concern over the low number of professors at the institution of higher learning, worried that it might affect the quality education and research. It is an irony as the university is the custodian of churning out academics such as professors and doctors. He said Kenyatta University has not had a full professor for the past four years to replace those who retire or leave through other causes.