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CapitalFM Business

  • Is big data the solution to Africa’s big issues?
    At the pick of the Ebola epidemic in West Africa, a Kenyan start-up created a reporting SMS-based system that allowed communities in Sierra Leone to alert the government on new infections and response in different areas of the country. Echo Mobile…
    9 hours ago 26 Feb 15, 10:32am
  • KCB posts Sh16.8bn net profit in 2014
    NAIROBI, Kenya, Feb 26 – The Kenya Commercial Bank (KCB) Group made a Sh16.8 billion net profit in 2014 representing a 17.4 percent rise from Sh14.3billion recorded in the previous year. The bank’s customer deposits grew from Sh305 billion to Sh3…
    9 hours ago 26 Feb 15, 10:10am
  • Kipchumba Tanui appointed KoTDA boss
    NAIROBI, Kenya, Feb 26 – John Kipchumba Tanui has been appointed the Chief Executive Officer of the Konza Technopolis Development Authority (KoTDA). Tanui takes over from Catherine Adeya-Weya who exited the authority at the end of January after her…
    11 hours ago 26 Feb 15, 8:49am
  • Vacancy: Accountant
    We are a leading and reputable Property Development and Management Company that develops and manages its own portfolio of properties. We wish to recruit a dynamic, result-oriented individual to fill the position of an Accountant. Reporting to the Hea…
    11 hours ago 26 Feb 15, 7:59am
  • #TheScoop: Africa’s biggest problem is a wrong mindset – Eric Kakou
    Eric Kakou is the Co-founder and CEO of Entrepreneurial Solutions Partners, an investment and consultancy group. He authored his first book when he was 34 years which was published by the Wharton School. He is a young global leader at the World Econo…
    12 hours ago 26 Feb 15, 7:17am
  • Australia researchers create ‘world first’ 3D-printed jet engines
    Australian researchers said Thursday they have created two jet engines using 3D printing in what is described as a world-first that has attracted the interest of major manufacturers and engineering firms. The machines — produced using the template…
    15 hours ago 26 Feb 15, 4:10am
  • Airtel invests Sh2.5bn to upgrade 3G network
    NAIROBI, Kenya, Feb 26 – Bharti Airtel, a leading telecommunications services provider with operations in 20 countries across Asia and Africa, has announced that it has invested Sh2.5 billion to upgrade its network to enhance indoor coverage and 3G…
    17 hours ago 26 Feb 15, 2:48am
  • Childproofing your house #PropertyInsights
    Most of a child’s early years are spent in the house. As children learn and grow, they climb, taste and touch anything they can get their hands on to satisfy their curiosity. It is therefore crucial, that parents are alert and take due diligence in…
    17 hours ago 26 Feb 15, 2:43am
  • All eyes on MPC meeting as CBK Governor exits
    NAIROBI, Kenya, Feb 26 – All eyes are on Thursday’s Monetary Policy Committee (MPC) meeting with expectations of a hike in the Central Bank Rate (CBR) that has been maintained at 8.5 percent. Commercial Bank of Africa (CBA) Treasury Dealer Joshua…
    18 hours ago 26 Feb 15, 1:06am
  • World art sales hit new record in 2014: data firm
    PARIS, France, Feb 26 – Global art sales set a fresh record in 2014 driven by acquisitions from new museums, while China maintained its place at the top of the market, data firm Artprice said Thursday. Works worth $15.2 billion (13.5 billion euros)…
    19 hours ago 26 Feb 15, 12:41am

N-Soko Property Show

N-Soko Property Show Episode 84N-Soko Property Show Episode 84 For more news visit Follow us on Twitter Like our FaceBook page http://w...
18 days ago 8 Feb 15, 12:31pm
This Sunday on N-Soko Property Show (8th Feb 2015)Learn how to park your chopper this Sunday on the N-Soko Property Show For more news visit Follow us on Twitter
20 days ago 6 Feb 15, 10:20am
N-Soko Property Show Episode 83Find out the role of structural engineers in the construction industry, why it is important to engage them and what needs to be done to avoid collapsing of b...
25 days ago 1 Feb 15, 10:18am
N-Soko Property Show Episode 78N-Soko Property Show Episode 78 For more news visit Follow us on Twitter Like our FaceBook page http://w...
28 days ago 29 Jan 15, 7:39am
N-Soko Property Show episode 82N-Soko Property Show episode 82 For more news visit Follow us on Twitter Like our FaceBook page http://w...
32 days ago 25 Jan 15, 12:02pm
N-Soko Property Show episode 81N-Soko Property Show episode 81 For more news visit Follow us on Twitter Like our FaceBook page http://w...
39 days ago 18 Jan 15, 2:31pm

Daily Nation Business

The EastAfricanBusiness

Business Today

  • Konza City gets a new CEO
    ICT Cabinet Secretary Dr Fred Matiang'i (left) and the new Konza Technopolis Development Authority ( KOTDA) CEO Eng. John Kipchumba Tanui at a press conference earlier today.Information Cabinet Secretary Dr Fred Matiang'i has appointed John…
    8 hours ago 26 Feb 15, 11:00am
  • CBK retains signal rate at 8.50%
    By: The central bank has maintained the signal central bank rate at 8.50%. The Bank's Monetary Policy Committee (MPC) said the current monetary policy measures, coupled with the favourable impact of lower international oil prices continued to su…
    10 hours ago 26 Feb 15, 9:27am
  • Manufacturers: IMF tax proposals will cripple economy
    By:  Fuel prices are likely to shoot if the government implements the last phase of tax proposals by International Monetary Fund (IMF).There is a looming price spike of basic commodities if the government goes on to implement the final phas…
    14 hours ago 26 Feb 15, 5:38am
  • Orange abandons old network
    By: Orange has announced a switchover from its old wireless platform (CDMA) to Orange mobile (GSM network) after reviewing the viability of the wireless network. The shift will be completed by the end of March.Sections: Technology
    15 hours ago 26 Feb 15, 4:39am
  • Partnerships lift KCB profit 18%
    KCB Group CEO Joshua Oigara says that digital payments will boost the bank's customer base in the East Africa region.Increased partnership with the regional governments and other players from the private sector has seen KCB register 18.2% ris…
    16 hours ago 26 Feb 15, 3:33am
  • Kenya, Angola sign deal to regulate capital markets
    Capital Markets Authority acting CEO Paul Muthaura.The Capital Markets Authority (CMA) has signed a Memorandum of Understanding (MoU) with the Capital Markets Commission of Angola to promote information sharing and offer technical assistance…
    1 day ago 25 Feb 15, 8:36am
  • From Microsoft, new Lumia devices
    By: Microsoft has unveiled new Lumia devices in the market, Microsoft Lumia 435 and Microsoft Lumia 532, that will retail at Ksh10,200 and Ksh11,750 respectively. The new devices come with Windows Phone 8.1 operating system, 8GB internal memory…
    2 days ago 25 Feb 15, 6:19am
  • Orange ties up deal with Greenlight Planet to light up off-grid homes
    Orange has struck a deal with Greenlight Planet, a US-based solar energy company, that will see Kenyans living in areas not connected to the national grid access solar power. The partnership will see Orange shops become the distributor of the sola…
    2 days ago 25 Feb 15, 5:49am
  • Nairobi to host regional digital expo
    By: For a second year on the trot, Nairobi will host the annual East Africa digital Marketing Summit & Show, an event that brings together key players in the digital marketing space from the East African region.Sections: Technology
    2 days ago 25 Feb 15, 5:13am
  • Lake Turkana Wind Power Project recognised at global award ceremony
    By: Lake Turkana Wind Power (LTWP) project has bagged another award, after being named the African Renewables Deal of the Year 2014 at the IJGlobal Awards 2014 Europe & Africa in London. The win comes barely three weeks after it was named the Af…
    2 days ago 25 Feb 15, 4:29am

The Star

  • Counties Have Great Investment Openings Yet To Be Exploited
    To accelerate economic growth in the devolved system of government, it Is important that county governments take up more responsibility to attract and support investments within their counties. Whether these investments are local or foreign, countie…
    16 hours ago 26 Feb 15, 3:00am
  • Counties to get Sh283bn under new revenue deal
    The National Treasury has proposed to allocate Sh283.7 billion to the 47 counties in the next financial year, totalling to about 22.7 per cent of the entire shareable amount in revenue collections and donor funds. This includes Sh258 billion under t…
    18 hours ago 26 Feb 15, 1:00am
  • Tourism drought leaves hotel staff without jobs
    Hotels at the Coast have been forced to cut operations as low tourist numbers push bed occupancy to a record low. According to the Kenya Association of Hotelkeepers and Caterers, hotels in the region are currently operating on an average bed occupan…
    18 hours ago 26 Feb 15, 1:00am
  • Nairobi Securities Exchange plans to launch currency futures
    INVESTORS will soon be able to shield themselves against forex market volatility following an announcement by Nairobi Securities Exchange that it will launch currency futures this year. NSE's product development manager Terry Adembesa said yesterday…
    18 hours ago 26 Feb 15, 1:00am
  • KRA barred from blocking United millers
    The High court yesterday lifted the Kenya Revenue Authority's suspension of United Millers from making any customs declaration or clearing goods over a tax dispute. Judge Weldon Korir further further cancelled KRA's decision to block the miller from…
    18 hours ago 26 Feb 15, 1:00am
  • CMA and Angola seal new partnership deal
    CAPITAL Markets Authority has signed a supervisory and regulatory coordination pact with Capital Markets Commission of Angola. CMA said in a statement yesterday the pact would help promote the increasingly rising supply of international financial se…
    18 hours ago 26 Feb 15, 1:00am
  • Scanad Kenya boss to head Africa operations
    THE head of Scanad in Kenya and Ghana has been promoted to be the CEO of the integrated advertising and communication firm's operations in Africa. In a statement issued yesterday, the firm which is listed at the Nairobi Securities Exchange announced…
    18 hours ago 26 Feb 15, 1:00am
  • PWC says overseas assignments pose a headache to corporates
    INCREASE in business travel for company assignments has become a major headache for company human resource teams, overwhelming them with management of internationally mobile employees, a PricewaterhouseCoopers survey shows. The PwC report titled 'Mo…
    18 hours ago 26 Feb 15, 1:00am
  • Farmers to benefit from Sh1.37 loan kitty
    CHASE Bank has launched a loan product targeting small scale farmers producing cereal, in partnership with a US based multinational. The bank will receive $15 million (Sh1.37 billion) from US firm John Deere for on-lending to farmers over the next t…
    2 days ago 25 Feb 15, 2:00am
  • Jurassic Park: Meteorite hits Kenya Dinosurs
    Half of Kenya’s TV stations have deliberately switched themselves off for an unspecified period. So now wouldn’t be a bad time to catch up with some reading. I myself dusted off an old copy of Michael Crichton’s ‘Jurassic Park’. Halfway th…
    2 days ago 25 Feb 15, 2:00am
  • Set top box sales rise amid digital switch
    DEMAND for set top boxes remains high as stand-off between government and three local media houses continues over the digital migration implementation. Media firms that are already on the digital platform are reporting increased sales of the STBs. T…
    2 days ago 25 Feb 15, 2:00am
  • KAA sought VAT exemption on new terminal
    KENYA Airports Authority wrote to National Treasury seeking VAT exemption for the construction of a new passenger terminal complex at the Jomo Kenyatta International Airport last year. KAA managing director Lucy Mbugua is presently on a one month su…
    2 days ago 25 Feb 15, 2:00am
  • First coal-generated electricity in September 2017, says contractor
    KENYA may start injecting the first coal-generated electricity to the national grid by September 2017, the firm contracted by the government to put up a coal-fired power plant in Lamu county announced yesterday. Amu Power, the company formed by a co…
    2 days ago 25 Feb 15, 2:00am
  • KPA receives 19 bids for container terminal tender
    NINETEEN local, regional and international companies have shown interest in operating in the first phase of the second container terminal at the Mombasa port. Applicants include Bjerke Terminals, Eurogate Ltd, Gulftainers, Makupa Transit Shades Ltd,…
    3 days ago 24 Feb 15, 1:00am
  • Seal Honey stationers not being wound up
    Stationery company Seal Honey Limited is not being wound up, contrary to earlier reports that it was dissolved. Kartik Patel, a director at Ramco Group, of which Seal Honey is part cleared the confusion in names that led to concerns that more than t…
    3 days ago 24 Feb 15, 1:00am

How We Made it in Africa

CNBC Africa

  • Commodities tomorrow: Oil glut grows
    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Reports out of Cushing, Oklahoma, say we could be full in oil storage in 8 to 10 weeks.
    3 hours ago 26 Feb 15, 4:00pm
  • US crude settles down 5.5%, at $48.17
    Crude oil futures fell on Thursday, as bulging U.S. crude stockpiles offset indications of a recovery in demand.
    5 hours ago 26 Feb 15, 2:38pm
  • The oil selloff made this cheap
    Some energy-linked stocks have sold off unfairly, presenting a good buying opportunity, according to a renewables pro.
    6 hours ago 26 Feb 15, 1:22pm
  • Naftogaz CEO on Russia and pre-paid gas
    Discussing its situation with Russia over gas supplies, Andriy Kobolyev, CEO of Naftogaz, says they always kept a certain amount of pre-paid gas, during the winter season, at the volume they felt was appropriate.
    8 hours ago 26 Feb 15, 11:10am
  • 7 companies bleed cash like crazy
    These seven Russell 1000 companies have bled through at least $2 billion in free cash flow in the last calendar year. The USAToday reports.
    10 hours ago 26 Feb 15, 9:46am
  • Why to be cautious on oil
    As private equity turns its focus to the oil sector after a price slide, one exec at the SuperReturn industry conference in Berlin stressed caution.
    14 hours ago 26 Feb 15, 5:10am
  • Are oil producers running out of space?
    Oil supply running ahead of demand hasn't just pressured prices, it's also filling up storage space, potentially pushing crude toward another leg down.
    1 day ago 25 Feb 15, 5:51pm
  • Commodities tomorrow: Wait, oil was up?
    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Even after an 8.4 million barrel build, oil ended the day over $50.
    1 day ago 25 Feb 15, 4:00pm
  • Oil above $60, Saudis see demand growth
    Oil futures climbed on Wednesday even as data showed inventories of U.S. crude increased.
    1 day ago 25 Feb 15, 2:32pm
  • Snowy 40-vehicle pileup in Maine
    At least two are in serious condition after an accident in Etna, Maine that involved cars, a school bus and a tractor trailer.
    1 day ago 25 Feb 15, 12:11pm
  • The US economy is improving: Analyst
    Adam Parker of Morgan Stanley told CNBC that the outlook for the U.S. economy is looking good for the next few years.
    1 day ago 25 Feb 15, 12:09pm
  • Food stamps matter to retailers
    The House has begun hearings on the U.S. food stamp program. They'll be watched closely by more than just the hungry.
    1 day ago 25 Feb 15, 11:17am
  • How private equity views oil
    Oil is a hot topic at this week's SuperReturn private equity gathering in Berlin, with execs saying the price fall means new investment opportunities.
    1 day ago 25 Feb 15, 9:19am
  • Pay-as-you-go solar takes off here
    We take a look at how "pay as you go" solar power is being used to transform the way that people consume energy in Africa.
    2 days ago 25 Feb 15, 5:49am
  • Demand is growing: Saudi oil minister
    Saudi Arabia's oil minister said oil demand is growing and markets are calm, in some of his first public comments since the price of crude rebounded.
    2 days ago 25 Feb 15, 4:26am
  • Commodities tomorrow: Gas keeps rising
    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil ended the day under $50. Traders are expecting a build in tomorrow's inventory report.
    2 days ago 24 Feb 15, 4:00pm
  • Oil ends lower ahead of inventory data
    Crude oil futures rose on Tuesday on news that production had stopped at Libya's largest oilfield.
    2 days ago 24 Feb 15, 2:32pm
  • WTI closes below $50
    CNBC's Jackie DeAngelis reports on the final trades in the energy market for the day.
    2 days ago 24 Feb 15, 2:29pm
  • OPEC: $60 is OK for now
    Oil prices have started to stabilize and demand is improving, a senior Gulf OPEC delegate said on Tuesday.
    2 days ago 24 Feb 15, 2:18pm
  • Utilities, solar firms fight it out
    Utilities are pushing back against the growing number of homes and businesses that want to use solar technology.
    2 days ago 24 Feb 15, 1:34pm
  • The private equity strategy for oil
    Private equity companies are looking in to oil, according to execs at Berlin PE meeting.
    2 days ago 24 Feb 15, 1:27pm
  • Goodyear settles on bribery charges
    The SEC said that Goodyear failed to prevent or detect more than $3.2 million in bribes in Kenya and Angola.
    2 days ago 24 Feb 15, 12:37pm
  • Metrolink train strikes truck in California
    There are a number of injuries reported in California after train cars derailed and a truck became fully engulfed in flames.
    2 days ago 24 Feb 15, 10:14am
  • Solar eclipse may hit Europe's power supplies
    Operators warn next month's solar eclipse poses an “unprecedented test” for Europe’s power supplies.
    2 days ago 24 Feb 15, 9:35am
  • Beach snow forecast amid deadly storm
    A fragmented winter storm was forecast to bring more snow to the Carolinas and Rocky Mountains, NBC News reports.
    2 days ago 24 Feb 15, 8:26am
  • Oil below $50 as OPEC hopes fade
    Any hopes of a sustained rally in the price of oil disappeared Tuesday as doubts were raised over an anticipated cut in production.
    3 days ago 24 Feb 15, 4:51am
  • Why gas prices are rising: Pro
    Consumers are paying more at the pump these days, but there is some good news, Andy Lipow said.
    3 days ago 23 Feb 15, 5:03pm
  • Commodities tomorrow: Oil back under $50
    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Rumors of an emergency OPEC meeting bumped the price temporarily, but oil closed under $50 today.
    3 days ago 23 Feb 15, 4:00pm
  • Oil ends lower after spike on OPEC report
    Nigeria's oil minister indicated OPEC would hold an emergency meeting on the oil price slide, the FT reported. US crude settled at $49.45 a barrel.
    3 days ago 23 Feb 15, 2:49pm
  • FT: OPEC could hold meeting
    CNBC's Jackie DeAngelis reports on the pop in crude oil midday Monday. CNBC contributor John Kilduff, weighs in.
    3 days ago 23 Feb 15, 1:59pm
  • Emergency OPEC meeting coming?
    Members of Opec have discussed an emergency meeting if crude keeps falling, according to Nigeria's oil minister, the FT reports.
    3 days ago 23 Feb 15, 1:38pm
  • A blow for Europe's shale dreams
    Chevron announced it is relinquishing concessions in Romania, the last of its shale gas projects in Europe.
    3 days ago 23 Feb 15, 1:14pm
  • End of cheap gas?
    CNBC's Jackie DeAngelis reports why crude prices could continue to go lower, while gas prices go higher.
    3 days ago 23 Feb 15, 1:04pm
  • Largest oil refinery strike expands
    CNBC's Morgan Brennan reports the biggest oil worker strike since 1980 has expanded to four more Shell facilities.
    3 days ago 23 Feb 15, 1:04pm
  • Oil above $100 in a year?
    Commodities trader Morgan Downey, thinks the price of oil will be back above $75 by the end of this year, and will head to $100.
    3 days ago 23 Feb 15, 12:32pm
  • NJ tanker truck blazes
    A tanker truck holding nearly 10,000 gallons of fuel overturned and caught fire on a southern New Jersey highway Monday morning.
    3 days ago 23 Feb 15, 12:02pm
  • Strike's impact uncertain: Expert
    As the strike enters its fourth week, more information is needed to assess its economic impact, one expert said Monday.
    3 days ago 23 Feb 15, 11:56am
  • Oil prices extend slide
    Workers of the United Steelworkers union (USW) are entering the 4th week of protests. John Felmy, American Petroleum Institute, and Pavel Molchanov, Raymond James energy analyst, discuss the potential impact.
    3 days ago 23 Feb 15, 10:13am
  • Global gas-price subsidies evaporate
    The crash in crude prices has some governments taking a hard look at costly retail price subsidies.
    3 days ago 23 Feb 15, 9:16am
  • Gas prices up on refinery outage
    Gas prices rose again after an oil refinery explosion in Torrance, California, according to the latest Lundberg survey.
    4 days ago 23 Feb 15, 7:23am
  • Nasdaq to break 5000 this week?
    Will the Nasdaq break 5000 this week?Michael W. Gurka, founder and president of BruinHill Partners, explains why he thinks it will.
    4 days ago 23 Feb 15, 5:50am
  • Chinese demand fuels renewables rebound
    Production of wind turbines and solar panels soared in 2014, as increased demand from China fueled a rebound in the green energy sector.
    4 days ago 22 Feb 15, 9:57am
  • Refinery strike widens to largest U.S. refinery
    The U.S. refinery strike widened, with workers at the nation's largest refinery walking off the job, the United Steelworkers union said.
    6 days ago 21 Feb 15, 3:45am
  • Brazil firms push for deal on Petrobras scandal
    Some companies caught up in Brazil's Petrobras corruption scandal are pressing for a "grand bargain" settlement, sources told Reuters.
    6 days ago 21 Feb 15, 3:16am
  • Canada to impose levy on oil shippers
    Canada will increase the insurance railways must carry when they haul crude oil and impose a levy on shippers.
    6 days ago 20 Feb 15, 6:18pm
  • East Coast refineries feel deep freeze
    Sub-zero weather disrupted more than two-thirds of the U.S. East Coast's oil refining capacity on Friday.
    6 days ago 20 Feb 15, 6:00pm
  • Oil falls as rig reduction slows
    The number of rigs drilling for oil in the United States fell by 48 last week, about half the reduction seen in the previous week.
    6 days ago 20 Feb 15, 2:40pm
  • Pictures of brutal US winter
    The cold weather is setting records in some parts of the US. Here is where the mercury is in cities around the country.
    6 days ago 20 Feb 15, 2:15pm
  • Offshore wind power is sinking
    Current policy for offshore wind power is not working, Breaking Energy said in an article on its site.
    6 days ago 20 Feb 15, 2:12pm
  • What Libyan ISIS means for Europe
    ISIS in Libya is inciting pronouncements from European officials, but the size of the terror group's reach is unclear.
    6 days ago 20 Feb 15, 2:09pm

Africa Business Magazine

  • Security should be a top priority for the CIO, says IDC
    Evolving threats are putting businesses at risk For a country like South Africa that is visibly paranoid about security, the country’s information security landscape is seriously lagging in terms of awareness and practical, relevant application. To…
    9 hours ago 26 Feb 15, 10:15am
  • Africa’s youngest entrepreneurs to win $75,000 by applying to 2015 Anzisha Prize
    The Anzisha Prize is expanding, after initial success, to provide increased support to entrepreneurial youth and partner organisations to drive pan-African economic growth to 2020 JOHANNESBURG, South-Africa, February 26, 2015/African Press Organizati…
    9 hours ago 26 Feb 15, 10:07am
  • The Africa Best Practices Forum opens today in Lomé – Best practices at the heart of the transformation of Africa
    An arena for discussions among public and private sector decision-makers in Africa LOME, Togo, February 26, 2015/ – The first Africa Best Practices Forum ( opens today in Lomé. Organised jointly by Ellipse Commun…
    10 hours ago 26 Feb 15, 9:51am
  • Share the love – the Zen of cloud communications
    “Imagine phoning a call centre and they know who you are before you announce yourself, including your previous service history and social media comments about them. Why don’t more companies have such a deep understanding of their customers? Zende…
    11 hours ago 26 Feb 15, 8:25am
  • Making SA’s food safe will keep us proud
    The South African food industry is taking matters into its own hands.  Food manufacturers and retailers are now working together to become self-regulated in terms of food safety and compliance so that not only domestic consumers but also entire indu…
    11 hours ago 26 Feb 15, 8:18am
  • WHO supports tax increase on cigarettes in Egypt
    GENEVA, Switzerland, February 26, 2015/African Press Organization (APO)/ — WHO Regional Director for the Eastern Mediterranean Dr Ala Alwan said, “WHO supports the decision to increase the tax on cigarettes in Egypt,” describing the decision as…
    11 hours ago 26 Feb 15, 8:09am
  • Swala Oil and Gas debut trading on DSE
    Energy firm Swala Oil & Gas has become first publicly traded oil and gas company in East Africa following the listing of its shares on the Dar es Salaam Stock Exchange (DSE). The company’s shares were listed on the Enterprise Growth Market (EGM), a…
    12 hours ago 26 Feb 15, 6:55am
  • Proper policies key to Africa tourism growth
    African governments have been urged to develop comprehensive master plans to fully unleash the potentials of the tourism sector. Steve Kayizzi-Mugerwa, African Development Bank Acting Chief Economist reckons that lack of proper policies aimed at gene…
    13 hours ago 26 Feb 15, 6:38am
  • Casablanca, capitale de la plasturgie « afro-méditerranéenne » en juin pro ​chain​
    Le plus grand salon du secteur attend cette année près de 180 exposants et plus de 3 000 visiteurs venus des quatre coins du Monde. Casablanca, la capitale économique du Maroc, accueillera du 03 au 06 juin 2015 la 6e édition du plus grand salon d…
    13 hours ago 26 Feb 15, 6:02am
  • Le Nigeria pour une relance pérenne de son agriculture avec l’agrobusiness comme passage obligé
    Lagos accueille le  NIGERIA AGROFOOD, les 28, 29 et 30 avril 2015 prochains Le Nigeria pour une relance pérenne de son agriculture avec l’agrobusiness comme passage obligé. L’Union européenne soutient officiellement « NIGERIA AGROFOOD »,…
    13 hours ago 26 Feb 15, 5:57am

news24 Kenya- Business

Bloomberg Business Week

BD Opinion & Analysis

Property - The Star

  • A first-time homeowner's journey to living the dream
    Eight years ago, Steven* did not own a home. His dreams were valid though. He planned and pursued his dream and last year, he moved his family into a new neighbourhood – to his own house. What’s more, the home was acquired outright. In his words…
    2 days ago 25 Feb 15, 1:30am
  • No solid plans yet for Eveready project
    Battery maker Eveready has yet to decide on the type of real estate development to put up on the 20-acre piece of land where its now defunct factory stands in Nakuru town. Managing director Jackson Mutua told the Star that the firm is still carrying…
    2 days ago 25 Feb 15, 1:30am
  • The phenomenon of impunity and public land-grabs versus the need for land banks
    It is two months into the new year and all indications are that it will be a rosy one. A recent land-grab saga pitting Lang’ata Primary School and a private developer saw the President instruct that all grabbed land be returned to the public. Than…
    2 days ago 25 Feb 15, 1:30am
  • Sh5bn holiday homes for sale in Kilifi county
    A real estate developer is has started the construction of holiday homes in Kilifi county, targeting luxury buyers looking for properties at the Coast. Sultan Palace Beach Retreat sits on 43 acres in Kikambala. Sultan Palace Development Ltd said pri…
    2 days ago 25 Feb 15, 1:30am
  • US identifying people with role in mortgage crisis
    US Attorney General Eric Holder said last week he has given federal prosecutors a 90-day deadline to decide whether they can bring cases against individuals for their roles in the 2008 financial crisis. US attorneys who brought cases against institu…
    2 days ago 25 Feb 15, 1:30am
  • Housing PE fund targets students with Karen project
    The Pan African Housing Fund has concluded its third deal in Kenya, which will see it partner with a developer to build rental units in Karen, Nairobi, mainly targeting students. PAHF will put up 1,400 units of studio apartments through the joint ve…
    2 days ago 25 Feb 15, 1:30am
  • Barclays unveils mortgage centre to woo homebuyers
    Barclays Bank has unveiled a mortgage centre in a move targeted homebuyers, particularly first-timers, offering a promotional interest rate of 11.9 per cent for the next two months. The tier-I lender said the strategy will be “disruptive and innov…
    9 days ago 18 Feb 15, 1:30am
  • Utility firm to install power ahead of builders
    Kenya Power will install 29 substations by end of June in a move informed by a distribution master plan that forecasts areas likely to record rapid growth in real estate and manufacturing. Chief executive Ben Chumo told the Star that the plan will s…
    9 days ago 18 Feb 15, 1:30am
  • Trans Nzoia farmland owners set to be awarded title deeds
    Trans Nzoia county has paid Sh4 million to the Ministry of Lands to meet the cost of title deeds for landowners in Shangalamwe and Tulwet areas. These are the first two of 70 farms set to be awarded the ownership documents. Governor Patrick Khaemba…
    9 days ago 18 Feb 15, 1:30am
  • Kisaju developer breaks ground for fourth phase
    Developers of Kisaju View Park Estate have commenced construction of the fourth phase of the development, which will see delivery of units priced between Sh1.5 million and Sh5.95 million. A total of 120 units will be completed by year-end, according…
    9 days ago 18 Feb 15, 1:30am
  • Buffalo Mall lets in Naivasha shoppers
    The first shopping mall in Naivasha, Nakuru county, opened doors at the weekend, adding a new destination to the town popular for its flowers and getaways. Buffalo Mall is a joint venture between British firm Lloyd Capital Partners, which holds 75 p…
    9 days ago 18 Feb 15, 1:30am
  • Green technology attract more tenants
    Demand for green office space is growing in Nairobi, largely driven by multinational companies, according to real estate services firm HassConsult. Tenants opt for the technology owing to the cost savings made through natural lighting and water recy…
    9 days ago 18 Feb 15, 1:30am
  • UK house price growth slowest since May 2013
    British house prices rose last month at their slowest annual pace since May 2013 and fell for a fifth month in London, according to an industry survey that suggested political uncertainty ahead of a national election is crimping demand. The Royal In…
    9 days ago 18 Feb 15, 1:30am
  • Shopping mall on Thika Road opens in May
    Private equity fund Actis will open doors to its $250 million (Sh22.89 billion) Garden City Shopping Mall on May 28, the developer said in a statement. The shopping mall, on Thika Road, is part of ongoing construction of a mixed-use development plan…
    9 days ago 18 Feb 15, 1:00am
  • New housing index out as Nairobi property market slows
    The bankers’ lobby group will today unveil a housing price index, promising to give the property market a tool to analyse factors that inform price movements. The Kenya Bankers’ Association first announced the index last September. The lobby say…
    16 days ago 11 Feb 15, 3:00am

CEO Magazine

  • Entries to the 9th edition of the African Bankers Awards now open
    By Our Reporter The African Bankers Awards committee has called for entries for the 2015 bankers awards. This prestigious event will take place during the annual African Development Bank meetings in Abidjan, Côte d’Ivoire on 27th May 2015. The awa…
    8 days ago 19 Feb 15, 3:17am
  • Ugandan health initiative wins share of global USD 1 million Healthcare Innovation Award
    By Our Reporter A Ugandan community health initiative has been awarded USD 120,000 to support the expansion of its innovative approach to tackling child deaths in remote areas by bringing life-saving health services directly to people’s doorsteps.…
    15 days ago 12 Feb 15, 4:59am
  • DHL Africa As One Team completes one third of the journey across Africa
    By Our Reporter The DHL Africa as One team, who departed from Cape Town in October 2014 in three Land Rover Discoveries, have completed almost a third of their journey, covering 15 countries in 102 days. During this period, they have crossed 40 borde…
    15 days ago 11 Feb 15, 10:37am
  • Real Estate sector recovering albeit slowly
    By Silvia Nyambura Uganda’s property market has showed signs of recovery across sectors but still remains slow. Players in the sector however are still concerned over high bank lending rates which remain at between 18 and 22 percent. This is accord…
    15 days ago 11 Feb 15, 10:20am
  • Vodafone officially rolls out voice and data services
    By Silvia Nyambura Vodafone has officially launched its voice and data services bringing the number of telecoms in Uganda to 8. The company will initially roll out its 4G data services in Kampala and Entebbe and expand to other towns later. Customers…
    15 days ago 11 Feb 15, 10:15am
  • IT firms to benefit from Dutch Fund
    By Silvia Nyambura Over 30 Ugandan IT companies are set to benefit from a USD 1 million project launched by the Dutch government. The Netherlands Trust Fund (NTF) which is now in its 3rd phase aims at boosting the export of Uganda’s information tec…
    15 days ago 11 Feb 15, 9:56am
  • Pepsi receives outstanding performance award
    By Our Reporter Crown Beverages Limited (CBL) has received special recognition from Pepsi-Co International with a Most Outstanding Performance Award in the region for 2014. CBL is the registered franchise holder for quality Pepsi brands like Mirinda,…
    16 days ago 11 Feb 15, 5:10am
  • URA to recover over Ushs 1 billion in taxes
    By Silvia Nyambura Tax body Uganda Revenue Authority (URA) is set to recover over Ushs 1 billion in penalties from non-compliant foreign vehicles. This follows the impounding of 79 foreign registered cars during the URA’s ‘Operation Clean-Up Ugan…
    22 days ago 4 Feb 15, 8:13am
  • Insurers respond to the Liberalization Bill
    By Our Reporter Insurance companies have provided retirement benefits products for many years and are currently responsible for managing a significant percentage of voluntary schemes in Uganda. Retirement Benefits/Savings schemes provide the comfort…
    23 days ago 4 Feb 15, 6:02am
  • Vivo Energy Uganda to import cleaner low sulphur diesel
    By Our Reporter Vivo Energy Uganda, has become the first oil marketer in the country to import Low Sulphur Fuel Diesel (LSFD) with 50 parts per million (ppm) sulphur content. This is as part of the amendments made by the East African Community on the…
    28 days ago 29 Jan 15, 8:40am

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