NEWS
De La Rue 60% Stake Sale to Monarch Capital Gets CAK Nod
De La Rue EPZ Kenya Limited, a cash-minting business that is majority owned by Switzerland-based Thomas De Rue AG, has received approval from...
JACKSON OKOTH1 Mins read
Dangote Awards$300m Contract to Honeywell Technologies In Lamu Mega Refinery Project
The Dangote Refinery and Petrochemicals FZE has picked on Honeywell Technologies to provide process technologies, licensing, engineering services, proprietary catalysts, equipment and digital...
JACKSON OKOTH2 Mins read
Ruto Reserves 20% of Affordable Housing Units for Teachers
Teachers seeking to buy homes under Kenya’s Affordable Housing Programme will have a portion of units set aside for them, President William Ruto...
SABRINA BT1 Mins read
Ruto Orders Promotion of 50,000 Teachers in Largest-Ever Annual Exercise
President William Ruto has directed the Teachers Service Commission (TSC) to increase the number of teachers eligible for promotion this year from 34,016...
BT Reporter2 Mins read
EADB Appoints Anne Juuko as Director General
The East African Development Bank (EADB) has appointed veteran banker Anne Juuko as its new Director General, placing an experienced regional financial executive...
SABRINA BT3 Mins read
World Bank Lists High Taxes, Expensive Credit Among Kenya’s Investment Challenges
A new World Bank Country Private Sector Diagnostic has warned that high taxes, expensive credit, unreliable utilities, regulatory uncertainty and governance challenges are...
SABRINA BT2 Mins read
I&M Bank Names Former Absa CEO Abdi Mohamed as New CEO after CBK Approval
I&M Bank has confirmed Abdi Mohamed as its new Chief Executive Officer, clearing the final regulatory hurdle for the veteran banker to take...
SABRINA BT2 Mins read
Dangote Lamu Refinery Opens New Front in East Africa Oil Politics
The politics surrounding Dangote’s planned oil refinery in Lamu could eventually prove more consequential than the refinery itself and realign regional relationships. On...
OTUMA ONGALO3 Mins read
