One Stop for all Kenya News

Business Daily

  • House team rejects Mbadi bid to remove VAT on electricity
    Parliament has rejected nearly a third of the items that Suba MP John Mbadi wanted exempted from the value added tax.
    6 hours ago 23 Apr 14, 1:53pm
  • Kenyan banks face higher capital rules in South Sudan
    Kenyan banks operating in South Sudan will have to increase the paid up capital for their subsidiaries to $25 million (Sh2.15 billion), despite the growing political risk in the country rocked by violence since last year.
    7 hours ago 23 Apr 14, 1:39pm
  • Kenyans shun foreign MBAs for local courses
    The expansion of local universities has seen the number of Kenyans sitting for the Graduate Management Admission Test (GMAT) remain flat over the last decade as learners choose to pursue post-graduate studies locally.
    7 hours ago 23 Apr 14, 1:31pm
  • State sponsorship for private varsity students delayed
    The admission of State-sponsored students to private universities has been delayed to next year due to lack of rules to guide the selection.
    7 hours ago 23 Apr 14, 1:20pm
  • Kambi risks censure as MPs set to probe abuse of office claims
    Parliament is to investigate the conduct of Labour secretary Kazungu Kambi after an MP formally tabled a petition seeking his removal.
    7 hours ago 23 Apr 14, 1:15pm
  • Renewed fighting dims S. Sudan’s bid to join EAC
    The renewed fighting in South Sudan is once again set to delay its bid to join East African Community trading bloc as the region’s ministers prepare to review the application lodged two years ago.
    7 hours ago 23 Apr 14, 1:06pm
  • Free medical insurance for poor launched
    The elderly, disabled and orphans from poor households will benefit from free medical insurance following Wednesday’s launch of the Sh1.7 billion World Bank-backed scheme.
    7 hours ago 23 Apr 14, 1:04pm
  • Kenya signs tax deal with Qatar
    Kenya has signed a double tax agreement with Qatar, clearing a major hurdle for investments in the energy sector worth billions of shillings.
    7 hours ago 23 Apr 14, 12:48pm
  • Garissa governor loses seat in petition
    Garissa governor Nadhif Jama on Wednesday lost his seat through a court petition, becoming the sixth county chief to be ousted since the last election.
    8 hours ago 23 Apr 14, 12:44pm
  • Court stops counties from hiring ECD teachers
    The Kenya National Union of Teachers was Wednesday granted orders stopping county governments from hiring Early Childhood Development (ECD) teachers.
    8 hours ago 23 Apr 14, 12:42pm
  • Equity leads bank stocks in dominating trade at NSE
    Bank stocks dominated trading at the Nairobi Securities Exchange on Wednesday, backed by a second straight day of significant price gain and high volumes on the Equity Bank counter.
    8 hours ago 23 Apr 14, 12:28pm
  • Lafarge faces price-fixing penalties
    French cement maker Lafarge could face penalties by the Competition Authority of Kenya (CAK) for suspected price-fixing.
    8 hours ago 23 Apr 14, 12:23pm
  • Rea Vipingo shareholders likely to take the higher offer price
    Centum has taken the pole position in the battle for control of Rea Vipingo, according to analysts who expect the sisal firm to remain listed at the Nairobi Securities Exchange.
    8 hours ago 23 Apr 14, 12:20pm
  • HP claims Olive double-charged for laptops
    American IT company Hewlett Packard (HP) has claimed that its Indian rival, Olive Telecommunications, double-charged the government for some services in the Sh24.6 billion tender it won for supply of laptops to school children.
    8 hours ago 23 Apr 14, 12:12pm
  • Kenya faces an uphill task in bid for 7pc growth
    Kenya’s economy will find it difficult to reach the targeted seven per cent growth rate with savings taking up to 2019 to reach the desired level.
    8 hours ago 23 Apr 14, 12:10pm
  • Safari Park Hotel set to open JKIA coffee shop
    Safari Park Hotel is set to open a coffee shop at the Jomo Kenyatta International Airport, stepping up a diversification plan that has also seen it set up a restaurant at the KICC.
    8 hours ago 23 Apr 14, 11:54am
  • Uhuru urges use of technology to spur remittances
    Kenya is looking to technology to bring down the cost of sending money from the diaspora and attract more foreign exchange at a time when inflows from tourism and cash crops are flagging.
    8 hours ago 23 Apr 14, 11:52am
  • Muriuki named Africa’s banking CEO of the year
    Co-operative Bank chief executive Gideon Muriuki has been named Africa’s banking CEO of the year by the London-based International Banker magazine.
    9 hours ago 23 Apr 14, 11:40am
  • We must protect intellectual property in Africa
    Intellectual property (IP) theft is a form of economic crime. It affects one in three organisations across the world, according to PricewaterhouseCoopers’ (PwC’s) 2014 Economic Crime Report.
    9 hours ago 23 Apr 14, 11:32am
  • Reform institutions of higher learning
    Above the butchery hang a signpost for a university branch. One of many scattered throughout the country in small towns.
    9 hours ago 23 Apr 14, 11:31am
  • Home Afrika sends investors profit warning
    Real estate developer Home Afrika has issued a profit warning for the year ending December 2013, indicating that the company will announce at least a 25 per cent decline in earnings compared to the previous year.
    9 hours ago 23 Apr 14, 11:29am
  • Don’t abuse loan plan
    Members of County Assemblies (MCAs) like all elected and unelected public officials are making ever increasing demands on the Exchequer.
    9 hours ago 23 Apr 14, 11:24am
  • Bursary fund must be run transparently
    Once again, the management of the Sh1.1 billion Constituency Bursary Fund is set to become the subject of public debate and political blackmail in the coming weeks.
    9 hours ago 23 Apr 14, 11:24am
  • Telcos must be ready to share infrastructure with new entrants
    World over, telecommunication markets attract regulation to open up their facilities to third parties and newcomers to facilitate entry. 
    9 hours ago 23 Apr 14, 11:12am
  • Jubilee adopts WhatsApp to communicate with clients
    Social media has become an integral way for corporations to interact with their audiences.
    9 hours ago 23 Apr 14, 11:06am

CapitalFM Business

  • Qatar backs setting up financial centre in Kenya
    DOHA, Qatar, Apr 23 – Qatar has pledged to support Kenya in establishing a financial centre that will entrench its position as a financial hub in the East African region. Speaking during a meeting with President Uhuru Kenyatta in Doha on Wednesday,…
    8 hours ago 23 Apr 14, 12:35pm
  • Nairobi buildings must be ICT compliant – Kidero
    NAIROBI, Kenya, Apr 23 – All new buildings within Nairobi County will be required to have in-built Internet connectivity in efforts to enhance Information and Communications Technology. Nairobi County Governor Evans Kidero says this will be conside…
    10 hours ago 23 Apr 14, 10:46am
  • China to open new areas to private investors
    BEIJING, Apr 23 – China will launch 80 new pilot projects allowing private investment in areas previously dominated by state-run firms, official media reported on Wednesday. The report follows an earlier Communist Party pledge to let markets play a…
    10 hours ago 23 Apr 14, 10:40am
  • Kenya, Qatar sign key pacts as Uhuru meets Emir
    DOHA, Qatar, Apr 23 – President Uhuru Kenyatta’s State visit to Qatar reached its apex on Wednesday when he met His Highness the Emir, Sheikh Tamim Bin Hamad Al-Thani at his palace in Doha. Emerging after a two-hour meeting where the two leaders…
    10 hours ago 23 Apr 14, 10:21am
  • Ericsson posts strong Q1 profit despite falling sales
    STOCKHOLM, Apr 23 – Swedish telecom equipment maker Ericsson announced Wednesday a sharp rise in its first quarter net profit despite falling sales. Analysts have been forecasting stronger sales due to the expansion of high speed data networks by A…
    10 hours ago 23 Apr 14, 10:12am
  • Savannah Cement invests Sh8.5bn in clinker facility
    NAIROBI, Kenya, Apr 22- Savannah Cement plans to invest Sh8.5billion to establish a clinker manufacturing facility at its production complex in Kitengela, Kajiado County. By establishing its own clinker production facility, Savannah Cement will be ho…
    1 day ago 22 Apr 14, 11:51am
  • Ombudsman’s report on Tassia II biased – Kambi
    NAIROBI, Kenya, Apr 22 – Labour Cabinet Secretary Kazungu Kambi has said the controversial tender awarded to China Jiangxi International for infrastructure development in Tassia II will not be cancelled purely on the Ombudsman’s recommendation. H…
    1 day ago 22 Apr 14, 11:27am
  • Sh18mn to fix damaged Nairobi traffic lights
    NAIROBI, Kenya, Apr 22 – The Nairobi County Government has released Sh18 million for the repair of traffic lights on major roads in the city. The County Executive in charge of Roads and Transport, Evans Ondieki, says the repairs are set to begin in…
    1 day ago 22 Apr 14, 10:11am
  • Uhuru invites Qatari investment in Kenya’s energy sector
    DOHA, Qatar, Apr 22 – President Uhuru Kenyatta has invited Qatari investors to partner with the Jubilee Government in the exploration of oil and the generation of natural gas. Noting Qatar’s demonstrated expertise in the energy sector, President…
    1 day ago 22 Apr 14, 8:40am
  • Nairobi to host oil, gas expo from Sunday
    NAIROBI, Kenya, Apr 22 – Over 70 exhibitors from 28 countries are expected to attend this year’s East Africa Oil and Gas Expo 2014 in Nairobi between April 27-29. Organised by the multinational exhibition firm Expogroup, the exhibition brings tog…
    2 days ago 22 Apr 14, 8:04am

N-Soko Property Show

N-Soko Property show episode 42N-Soko Property show episode 42 For more news visit http://www.ntv.co.ke Follow us on Twitter http://www.twitter.com/ntvkenya Like our FaceBook page http://w...
3 days ago 20 Apr 14, 5:43pm
N-Soko Property show episode 41Property Show episode 41 For more news visit http://www.ntv.co.ke Follow us on Twitter http://www.twitter.com/ntvkenya Like our FaceBook page http://www.face...
10 days ago 13 Apr 14, 11:32am
N-Soko Property show episode 40N-Soko Property Show S02E40 For more news visit http://www.ntv.co.ke Follow us on Twitter http://www.twitter.com/ntvkenya Like our FaceBook page http://www.f...
17 days ago 6 Apr 14, 11:00am
N soko property show episode 39N-Soko Property Show episode 39 For more news visit http://www.ntv.co.ke Follow us on Twitter http://www.twitter.com/ntvkenya Like our FaceBook page http://w...
24 days ago 30 Mar 14, 2:10pm
N-Soko Property Show Episode 38For more news visit http://www.ntv.co.ke Follow us on Twitter http://www.twitter.com/ntvkenya Like our FaceBook page http://www.facebook.com/NtvKenya.
35 days ago 19 Mar 14, 2:43pm
Nsoko property show episode 37N-Soko property show March 16th, 2014 For more news visit http://www.ntv.co.ke Follow us on Twitter http://www.twitter.com/ntvkenya Like our FaceBook page ht...
36 days ago 19 Mar 14, 7:21am

Daily Nation Business

The EastAfricanBusiness

Business Today

The Star

  • Diamond Trust is the odd one out as banks rise
    The Nairobi all share firmed 0.11 points to set a fresh all time closing high of 148.22. The all share index has rallied 8.466% this year and to a record. The Nairobi NSE20 shaved off 16.58 points to close at 4904.58 and remains marginally and less…
    1 day ago 22 Apr 14, 5:00pm
  • Lack Of Visual Relevance Killing Advertising
    You know how it is when you look at an ad here in Africa and the people look a bit funny? I say ad, but it could just as easily be a website or billboard. The people look as if they have been brought down from heaven, just to advertise executive ban…
    1 day ago 22 Apr 14, 5:00pm
  • Kinyua instructs ministries to fast-track EAC protocols
    The Office of the President has directed ministries yet to domesticate ratified regional policies to move with speed and do so and ahead of the 2015 deadline for implementing East African Community's common market protocol. Chief of staff and head o…
    1 day ago 22 Apr 14, 5:00pm
  • Tourism investor awarded for role in educating needy
    Kenyan entrepreneur Minaz Manji, who operates Twiga tours has won Africa's most responsible tourism award for his involvement in educating needy children. It was also named Kenya's leading inbound tour company. Through the Manji Foundation, he suppo…
    2 days ago 21 Apr 14, 5:00pm
  • Equity Bank seeks to grow commissions from cards
    FRESH from successful bid to venture into telco markets, Equity bank is launching an onslaught on fledgling merchant business and payment process segment to grow its revenue from transaction fees and commissions. Riding on the now standard chip-base…
    2 days ago 21 Apr 14, 5:00pm
  • Hotel development in Kenya slackens
    THE hotel construction boom witnessed over the last two years in the country appears to be slowing down with major global chains now looking to set shop in neighbouring countries. The 2014 hotel development pipeline report published by W Hospitality…
    2 days ago 21 Apr 14, 5:00pm
  • KPA plans to speed up cargo clearance
    Cargo movement hurdles at the Mombasa port will be sorted out in the next six months, Kenya Ports Authority chairman Danson Mungatana has said. He said KPA is in talks with other government agencies including the Kenya Revenue Authority to ensure ca…
    2 days ago 21 Apr 14, 5:00pm
  • Demand, less rains to push up maize and bean prices
    Maize prices are expected to steadily rise between now and June in Uganda due to huge demand from Kenya following less than expected rainfall in some parts of the country. This is according to a report, published by USAID’s Famine Early Warning Sy…
    2 days ago 21 Apr 14, 5:00pm
  • Cotu opposes FKE's push for production based wage system
    The Central Organisation of Trade Unions has dismissed calls for a productivity based system of remunerating workers. COTU said the Salaries and Remuneration Commission and Federation of Kenya Employers are championing to scrap the current timed bas…
    3 days ago 20 Apr 14, 5:00pm
  • High input costs force producers to review prices
    PRODUCER prices in the country increased by 0.47 per cent during the first quarter of the year driven by high cost of manufacturing beverages and chemicals. Data from the Kenya National Bureau of Statistics shows that under beverages the producer pr…
    3 days ago 20 Apr 14, 5:00pm
  • Senator pushes for tea taxes review
    KISII senator Chris Obure wants the Senate to institute measures to abolish burdensome taxes on tea exports. He particularly singled out the advalorem levy ( tax, fee, or duty that is charged as a percentage of the value of products, services, or pr…
    3 days ago 20 Apr 14, 5:00pm
  • Kenya's energy sector investors to get AfDB soft loans
    The African Development Bank has said Kenyan manufacturers will benefit from concessional funds in order to develop industries for supplying components to the renewable energy sector. In its annual report titled 'Climate Investment Funds 2013', the…
    3 days ago 20 Apr 14, 5:00pm
  • FKE says work permit delays hurting investors
    THE Federation of Kenya Employers has called on the government to speed up the issuance of work permits to genuine applicants. FKE executive director Jacqueline Mugo said the delay interferes with the operations of many firms especially in the flowe…
    3 days ago 20 Apr 14, 5:00pm
  • The New Set Of Risks Are Geopolitical Risks
    ''The new set of risks are geopolitical risks. Most of the attention is to the question of what's happening in the Ukraine, and the relationship between Russia and the US But we've also pointed to the geopolitical risks in the Middle East, what's ha…
    3 days ago 20 Apr 14, 5:00pm
  • University concept paper gave birth to a thriving business
    Calm, collected and confident are words that best describe 27-year-old entrepreneur and managing director of Keep it Kleen Ltd, Esther Ndegwa. A commerce graduate from KCA University, she conceptualised the company as part of her project while still…
    3 days ago 20 Apr 14, 5:00pm

AllAfrica.com

  • Nigeria: Improved Agriculture Can Lift Nigerians Out of Poverty
    [State Department]Through a program called MARKETS II, the U.S. Agency for International Development (USAID) gives farmers in Nigeria who live on less than $1.25 a day the tools they need to improve their harvests and connect with buyers.
    5 hours ago 23 Apr 14, 3:02pm
  • Malawi: Three Women Die, One Injured While Mining Clay
    [Malawi News Agency]Three women died and one has been hospitalized after a huge chunk of soil fell on them while mining clay in Dowa on Tuesday.
    10 hours ago 23 Apr 14, 10:15am
  • Kenya: Weak Laws and Capitalist Economy Deplete Kenya's Natural Wealth
    [IPS]Nairobi -Each season Peter Gichangi, a vegetable and arrowroot commercial farmer who owns four hectares of land in Nyeri County, Kenya's Central Province, cultivates his crops near the Nduyi River.
    12 hours ago 23 Apr 14, 8:44am
  • Gambia: Minister Bala Jahumpa Injured in Convoy Accident
    [The Point]The Point can confirm, after receiving the information from good sources, that roads and transport minister Bala Garba Jahumpa was admitted at the Edward Francis Small Teaching Hospital in Banjul during the Easter break, after his vehicle…
    12 hours ago 23 Apr 14, 8:24am
  • Gambia: The Focus On Agriculture Is Right
    [The Point]Looking at our front-page report on the prospects for a $1 trillion African agribusiness, one could see where African leaders are coming from, when they exhort us to look to farming for our salvation.
    12 hours ago 23 Apr 14, 8:24am
  • Africa: Sugar Research Fund Aims to Offset End of Quota System
    [SciDev.Net]Nearly US$20 million is available for research on sugar to scientists in the member states of the African, Caribbean and Pacific Group of States (ACP) in a bid to ensure the viability of their sugar industries.
    13 hours ago 23 Apr 14, 7:33am
  • Liberia: USAID to Help Restore Power to Gbarnga City
    [Heritage]Bong County authorities are working closely with the United States Agency for International Development (USAID) and other partners to restore electricity to Gbarnga, Bong County.
    13 hours ago 23 Apr 14, 6:49am
  • Kenya: Safaricom Increases Market Share As Airtel, Essar Tumble
    [CIO]Safaricom and Telkom Kenya recorded growths in market share as other mobile network providers tumbled in the recently released communications commission of Kenya statistics.
    14 hours ago 23 Apr 14, 6:44am
  • Zimbabwe: A 16-Year-Old Domestic Worker in Harare
    [RNW Africa]It's not uncommon for poverty-stricken youth in rural Zimbabwe to find work as housemaids and gardeners in the city. While urban households thrive on the affordable services, these young domestic workers have no control over their lives -…
    14 hours ago 23 Apr 14, 6:28am
  • Tunisia: Workshops to Propose Urgent Solutions to Economic Crisis
    [Tunis Afrique Presse]Tunis, -The preparatory meeting for the National Conference on Economy held Tuesday in Dar Dhiafa, Carthage, resulted in the establishment of workshops tasked with identifying proposals to find urgent solutions to end the econom…
    14 hours ago 23 Apr 14, 6:17am
  • Kenya: Two Die in Road Accident
    [The Star]Two people died on the spot this morning after a trailer they were traveling in was involved in a grisly road accident along the Narok-Mai Mahiu highway. Narok Police Commander Samuel Mukindia says the trailer lost control and rolled severa…
    14 hours ago 23 Apr 14, 6:13am
  • Liberia: U.S.$800,000 for Teacher Training in Liberia
    [New Dawn]Liberian education authorities say the country intends to use the UNESCO-China Funds-in-Trust Project on enhancing teacher education for bridging the quality gap in Africa funding to enhance the country's teacher education programs through…
    14 hours ago 23 Apr 14, 5:58am
  • Nigeria: WB Boosts Water Delivery Services for the Urban Poor
    [World Bank]Washington -The World Bank has approved a credit of US$250 million from the International Development Association (IDA)* to help the Nigerian Government continue its efforts to increase access to water supply services and to improve the f…
    15 hours ago 23 Apr 14, 5:44am
  • Tunisia: Government Opted for Long-Term Economic Reforms - PM
    [Tunis Afrique Presse]Tunis, -Interim Prime Minister Mehdi Jomaa said he and his team chose to launch long-term economic reforms.
    15 hours ago 23 Apr 14, 5:44am
  • Burundi: World Bank to Finance New Hydropower Development
    [World Bank]Washington -The World Bank's Board of Executive Directors today approved a US$100 million grant to the Republic of Burundi to finance the Jiji and Mulembwe hydropower project.
    15 hours ago 23 Apr 14, 5:36am
  • Liberia: Somalia Drive Road Project Begins At Last
    [Inquirer]The long-awaited construction and expansion of the Somalia Drive road has finally begun. The project kicked up in the Battery Factory community.
    15 hours ago 23 Apr 14, 5:28am
  • Congo-Kinshasa: China Eyes the Congo River
    [Fahamu]New development projects along the Congo River are bound to restore colonialist structures and looting of resources in the DRC. These will benefit elite companies and countries, but fail to prioritise poverty and access by the poor - serving…
    16 hours ago 23 Apr 14, 3:58am
  • Southern Africa: The Development Bank and Financial Oppression
    [Fahamu]The bank is touted as being a good potential host of the proposed BRICS bank. But its record so far suggests otherwise. A lack of representativeness, dubious appointments and investments, incompetence and a tendency towards privatisation have…
    16 hours ago 23 Apr 14, 3:55am
  • Africa: Brics and the Tendency to Sub-Imperialism
    [Fahamu]Despite their anti-imperialist potential, BRICS states have promoted neo-liberal and imperialist practices that facilitate capital accumulation, resource extraction and expansion of their markets. But growing popular unrest against exploitati…
    17 hours ago 23 Apr 14, 3:42am
  • Central Africa: Chinese Infrastructure Lubricates Outflow of Angolan and DRC Resources
    [Fahamu]The Lobito Corridor between Angola and the Democratic Republic of Congo is a game-changer in the new scramble for Africa's mineral riches.
    17 hours ago 23 Apr 14, 3:37am
  • South Africa: Platinum Strikes - Discussions to Determine Platinum Belt, AMCU's Future
    [Daily Maverick]The Association of Mineworkers and Construction Union (AMCU) strike in the platinum belt has now been going for three months. The union was locked in discussions with Anglo American Platinum (Amplats), Impala Platinum (Implats) and Lo…
    17 hours ago 23 Apr 14, 3:35am
  • Africa: Brics Corporate Snapshots in Africa
    [Fahamu]The BRICS are united in their drive for foreign direct investment, a thirst for natural resources and poor environmental regulation. A closer examination of the predatory capitalist penetration of each BRIC nation reveals multi-national compa…
    17 hours ago 23 Apr 14, 3:32am
  • Zimbabwe: Brics Seen From a Weakening Zimbabwe
    [Fahamu]Industrial investment in Africa by BRICS nations has been mired in scandal at times but on the whole appears to be welcomed. Farai Maguwu takes a closer look at the real impact of BRICS investments in Zimbabwe, and questions what is required…
    17 hours ago 23 Apr 14, 3:25am
  • Zimbabwe: Economy Needs More Than Makandiwa's Prophecy
    [SW Radio]Economists, politicians, clergy and many ordinary Zimbabweans have criticized a popular Zimbabwean prophet, who told worshippers at his weekend "Judgement Night 2" service that the country will soon see better days, and all because of praye…
    18 hours ago 23 Apr 14, 2:43am
  • Nigeria: Insecurity - Stock Market Loses N392 Billion in Four Months
    [Leadership]The stock market has lost a total of N392billion since the beginning of the year partly in response to growing insecurity in the country, a review of the performance of the market by LEADERSHIP has shown.
    18 hours ago 23 Apr 14, 2:24am
  • Kenya: Labour Day Showdown Looms Over Union Rivalry
    [Capital FM]Nairobi -A showdown looms on May 1 after the Central Organisation of Trade Unions (COTU) Secretary General Francis Atwoli insisted that he would not allow the Federation of Public Service Trade Unions (PUSETU) to, 'hijack' their plans for…
    18 hours ago 23 Apr 14, 2:10am
  • South Africa: Chemical Technology Incubator Launched in Durban
    [SA Info]Trade and Industry Minister Rob Davies officially launched the R8-million Durban branch of the South African Chemical Technology Incubator (Chemin) at the Westville Campus of the University of KwaZulu-Natal in Durban last week.
    19 hours ago 23 Apr 14, 1:40am
  • South Africa: New Buyers 'Impressed With SA Wines'
    [SA Info]South Africa's competitively priced wine is attracting new buyers, who are impressed by the quality of the wines, a recent report by Rabobank found.
    19 hours ago 23 Apr 14, 1:37am
  • Nigeria: Working for China On Nigerian Infrastructure
    [Fahamu]Chinese companies are implementing huge infrastructure projects in Nigeria. But like the colonialists before them, they are engaged in serious labour violations apparently with impunity. How does this 'south-south cooperation' benefit the Nig…
    20 hours ago 23 Apr 14, 12:39am
  • Africa: Big Obstacles Ahead for Big Data-for-Development
    [SciDev.Net]Big data's great promise for development will need both human and technical capacity building, reports Jan Piotrowski.
    20 hours ago 22 Apr 14, 11:56pm

How We Made it in Africa

CNBC Africa

  • Commodities tomorrow: Oil inventories drive down price
    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Downward pressure on stocks drove down oil prices today. Nat gas was up slightly on the day, albeit in a tight range. And gold was up slightly on the day, closing at $1,…
    4 hours ago 23 Apr 14, 4:00pm
  • Crude falls after US stockpiles soar
    Crude ended lower after U.S. inventories surged anew by more than 3.5 million barrels.
    6 hours ago 23 Apr 14, 2:40pm
  • India to pay Iran in sanctions deal
    India will pay Iran nearly $2 billion under an interim deal that eases nuclear sanctions
    9 hours ago 23 Apr 14, 11:34am
  • UK to focus on wind and biomass
    Drax shares fell after the UK chose not to back the conversion of one of the company's coal units, the Financial Times reports.
    15 hours ago 23 Apr 14, 5:40am
  • Commodities tomorrow: Selling pressure in crude
    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude oil prices were under pressure; traders are eying tomorrow's Department of Energy report; natural gas got a small bump up, closing at $4.74, and traders are lookin…
    1 day ago 22 Apr 14, 4:00pm
  • Oil crumbles ahead of US inventories
    Crude was battered ahead of data expected to show U.S. oil stockpiles surged once more.
    1 day ago 22 Apr 14, 2:52pm
  • Energy stocks hit highs as boom rolls
    The U.S. energy renaissance has coincided with a stealthy boom in energy-related stocks.
    1 day ago 22 Apr 14, 1:32pm
  • U.S. does not recognize Russia's action in Crimea: Biden
    Vice President Joe Biden traveled to Ukraine to express support for the country's new government, and to condemn Russia's actions in Crimea.
    1 day ago 22 Apr 14, 12:00pm
  • US ready to help Ukraine, says Biden
    Vice President Joe Biden told Ukrainian presidential candidates and Parliament that the U.S. was ready to help Ukraine.
    1 day ago 22 Apr 14, 9:43am
  • For Earth Day—a new Congress?
    Terry Tamminen has a few ideas to effect change this Earth Day—including replacing Congress.
    2 days ago 22 Apr 14, 8:00am
  • Keystone pipeline politics
    John Hofmeister says the Keystone pipeline delay is about politics, not reality.
    2 days ago 21 Apr 14, 6:51pm
  • Pain at the pump: Gas up 6 percent in April
    CNBC's Jackie DeAngelis reports the average price for a gallon of regular gasoline in the U.S. is $3.66 according to Triple A.
    2 days ago 21 Apr 14, 4:26pm
  • Commodities tomorrow: See-saw session
    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude closed higher at the end of the day, after an up-and-down session. Ukraine is still key. Nat gas was down on the day, but still above the key $4.50 technical level…
    2 days ago 21 Apr 14, 4:00pm
  • Most overlooked sector: Invesco's Sloan
    The energy sector still has room to run, Invesco's Ron Sloan says.
    2 days ago 21 Apr 14, 3:16pm
  • Oil rises on Ukraine, US data
    Crude strengthened as traders saw little new to temper worries over tensions in Ukraine.
    2 days ago 21 Apr 14, 3:00pm
  • Political battle over Keystone: Pro
    Discussing another delay for the Keystone XL pipeline, and the politics involved in moving the project forward, with John Hofmeister, former Shell Oil president.
    2 days ago 21 Apr 14, 2:19pm
  • Keystone XL decision delayed
    Supporters of the Keystone Pipeline say it is critical to the North American oil boom, reports CNBC's Jackie DeAngelis. The Obama administration has added an additional delay in the program.
    2 days ago 21 Apr 14, 2:17pm
  • Trading energy's stealth rally
    Discussing how investors should look at small and mid cap exploration and production stocks, with the FMHR trader Josh Brown.
    2 days ago 21 Apr 14, 12:23pm
  • Most overlooked sector
    Ron Sloan, Invesco Charter Fund, makes a bull case for energy. Investors can "easily be overweight energy" right now, says Sloan.
    2 days ago 21 Apr 14, 12:15pm
  • Obama's Keystone position all politics
    There are 100 million reasons why the president has held up deciding on the Keystone pipeline, POLITICO's Ben White says.
    2 days ago 21 Apr 14, 10:45am
  • Exxon's appeal rejected in pollution case
    Exxon's appeal in a case of water pollution was declined by the U.S. Supreme Court and still needs to pay millions of dollars.
    2 days ago 21 Apr 14, 10:21am
  • Traders focus on Russia's oil output
    CNBC's Jackie DeAngelis discusses the latest action in the energy and metals markets.
    2 days ago 21 Apr 14, 9:39am
  • Who's who in the Ukraine crisis
    As tensions continue to rise between Ukraine and Russia, here is a look at the people at the center of the conflict.
    2 days ago 21 Apr 14, 8:49am
  • Pipeline politics over progress
    Ben White, CNBC Contributor, and Carol Roth, CNBC Contributor, discuss the implications of delaying the Keystone pipeline.
    3 days ago 21 Apr 14, 6:14am
  • Fracking foes cringe as unions back drilling
    Union members in Pennsylvania, Ohio and West Virginia say they're benefiting in a big way from the shale boom
    3 days ago 20 Apr 14, 1:18pm
  • Investigation signals change in China
    Chinese president Xi Jinping has targeted Zhou Yongkang in an extraordinary corruption inquiry.
    4 days ago 19 Apr 14, 6:19pm
  • Commodities tomorrow: Gold under $1,300
    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil closed up on the day, and nat gas closed up, as well, while gold was down on the day.
    6 days ago 17 Apr 14, 4:00pm
  • US oil ends higher after data
    Brent crude futures turned lower after Russia said top diplomats have agreed to take immediate steps toward calming tensions in Ukraine.
    6 days ago 17 Apr 14, 2:51pm
  • Kudlow: Raise dollar, will knock oil down
    American oil companies are telling our U.S. state department they don't want a full-scale financial sanctions war, explains CNBC's Larry Kudlow. He makes the case for raising the value of the U.S. Dollar by 15 percent which he says will kill the pric…
    6 days ago 17 Apr 14, 2:18pm
  • Ex-BP employee settles SEC case
    A former BP employee will pay to settle allegations of insider-trading during the 2010 Deepwater Horizon oil spill.
    6 days ago 17 Apr 14, 12:41pm
  • Putin warns over gas supply
    Russian President Vladimir Putin warned of possible disruption to Europe's gas supply on Thursday, as the U.S. confirmed it would send additional military support to Ukraine.
    6 days ago 17 Apr 14, 12:05pm
  • Who are the rebels destabilizing Ukraine?
    Deadly clashes in eastern Ukraine have spiked fears of all-out war in the region. So who are the armed, flag-waving rebels who appear to be behind it all?
    7 days ago 17 Apr 14, 7:10am
  • Commodities tomorrow: Oil inventories way up, prices up too
    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was up slightly on the day in spite of a 10 million barrel build. Nat gas remained over $4.50, and gold was up a bit at the close.
    7 days ago 16 Apr 14, 4:00pm
  • Winnebago CEO: Beginning of healthy recovery
    Randy Potts, Winnebago CEO, shares is thoughts on the state of the U.S. economy and explains why big ticket items, like recreational vehicles are seen as bellwethers of the economy.
    7 days ago 16 Apr 14, 3:19pm
  • Oil surrenders gains on stockpile data
    Crude was tamed after EIA data and sluggish Chinese growth tamed an early rally.
    7 days ago 16 Apr 14, 2:40pm
  • Chart of the day: US natural gas use
    By all accounts, the U.S. is putting its surging natural gas stockpiles to good use.
    7 days ago 16 Apr 14, 1:21pm
  • Cramer's Stop Trading: Domestic oil plays
    CNBC's Jim Cramer explains why he is watching shares of EOG Resources, Pioneer Natural, Noble Energy, Schlumberger and Core Labs. And Cramer shares his thoughts on why investors may want to own Yelp now.
    7 days ago 16 Apr 14, 9:53am
  • What’s next for Ukraine?
    As Russia warns that Ukraine is on the verge of a civil war, here's a look at what could be in store for Ukraine - and what it means for the rest of the world.
    8 days ago 16 Apr 14, 8:01am
  • Oil investors 'on edge' over oil price: Pro
    Kevin Norrish, head of EMEA and Asia commodities research at Barclays, says the oil price has been relatively stable but investors have been kept "on edge" by the Ukraine crisis.
    8 days ago 16 Apr 14, 3:15am
  • Commodities tomorrow: Gold's worst drop this year
    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A volatile day for stocks, but commodities were not. Crude was down slightly, but could be ready to break out because of Ukraine. Gold closed down $27 on the day, it's w…
    8 days ago 15 Apr 14, 4:00pm
  • Crude down on Libyan supply expectations
    Oil was weaker as Libyan supply was expected to hit the market, and U.S. stockpiles were seen rising.
    8 days ago 15 Apr 14, 2:34pm
  • US court confirms air pollution rule
    A U.S. appeals court upheld a regulation on hazardous air pollution coming from coal-fired plants.
    8 days ago 15 Apr 14, 12:46pm
  • Porsche goes electric
    Porsche is about to start deliveries of its limited-edition 918 Spyder, a plug-in electric hybrid vehicle.
    8 days ago 15 Apr 14, 12:21pm
  • Ukrainian airfield reclaimed from separatists: Report
    Ukraine's Acting President said an airfield in the eastern town of Kramatorsk had been taken back from pro-Russian separatists, Reuters reported.
    8 days ago 15 Apr 14, 11:52am
  • Louisiana's Landrieu: I fight for energy
    The senator says she battles for oil and gas jobs, even if that means defying President Barack Obama.
    8 days ago 15 Apr 14, 9:46am
  • Tense phone call between Obama and Putin
    Obama said to Putin during a phone call that Russia would have to face further sanctions if it continues its actions in Ukraine.
    8 days ago 15 Apr 14, 9:38am
  • How to play crude oil—if you must: Gartman
    If you must, this is how Dennis Gartman would trade oil.
    9 days ago 14 Apr 14, 6:29pm
  • Pro-Russia unrest spreads in Ukraine
    Ukraine's president threatened military action after pro-Russian separatists occupying government buildings in the east ignored an ultimatum to leave.
    9 days ago 14 Apr 14, 5:43pm
  • 'Fracking' debate gets more complex
    Is fracking really behind a surge in domestic seismic activity?
    9 days ago 14 Apr 14, 4:35pm
  • Commodities tomorrow: Oil & gold up on the day
    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was up on strong volume and fears from Ukraine. Gold saw some buying in spite of a stronger dollar. And platinum was higher on a possible mine workers strike in So…
    9 days ago 14 Apr 14, 4:00pm

Africa Business Magazine

news24 Kenya- Business

Bloomberg Business Week

BD Opinion & Analysis

  • We must protect intellectual property in Africa
    Intellectual property (IP) theft is a form of economic crime. It affects one in three organisations across the world, according to PricewaterhouseCoopers’ (PwC’s) 2014 Economic Crime Report.
    9 hours ago 23 Apr 14, 11:32am
  • Reform institutions of higher learning
    Above the butchery hang a signpost for a university branch. One of many scattered throughout the country in small towns.
    9 hours ago 23 Apr 14, 11:31am
  • Don’t abuse loan plan
    Members of County Assemblies (MCAs) like all elected and unelected public officials are making ever increasing demands on the Exchequer.
    9 hours ago 23 Apr 14, 11:24am
  • Bursary fund must be run transparently
    Once again, the management of the Sh1.1 billion Constituency Bursary Fund is set to become the subject of public debate and political blackmail in the coming weeks.
    9 hours ago 23 Apr 14, 11:24am
  • Telcos must be ready to share infrastructure with new entrants
    World over, telecommunication markets attract regulation to open up their facilities to third parties and newcomers to facilitate entry. 
    9 hours ago 23 Apr 14, 11:12am
  • How to build different customer experience
    Banks have become increasingly focused on growing revenue using a variety of strategies, including offering improved Turnaround times (TAT), bolstering cross selling services, offering premium services.
    1 day ago 22 Apr 14, 10:57am
  • Uganda’s Umeme still in darkness
    For the last decade, Uganda’s power utility firm Umeme has enjoyed a monopoly on the markets of the former Uganda Electricity Board to distribute power to end-users.
    1 day ago 22 Apr 14, 10:57am
  • Make bus deal transparent
    Given a good reason, many motorists would gladly leave their vehicles at home and hop into the next available public service vehicle.
    1 day ago 22 Apr 14, 10:46am
  • Value addition options can improve cash crop prices
    Recent trends in prices for agricultural commodities are cause for alarm.
    1 day ago 22 Apr 14, 10:45am
  • Reliance on Russia for energy exposes EU’s soft underbelly
    The crisis in Ukraine appears to be a proxy dispute between Russia and the West (EU and the US). It is an issue of who will have the ultimate control and influence over the country, itself a sovereign state.
    1 day ago 22 Apr 14, 10:35am
  • Envoys fail to dampen high spirits
    Most presidents of United Nations member states are men with spouses with the title “First Lady.”
    2 days ago 21 Apr 14, 10:28am
  • Justify KPRL closure
    Since the Kenya Petroleum Refineries Ltd (KPRL) quiet closure last year, hundreds of workers have found themselves unemployed.
    2 days ago 21 Apr 14, 10:26am
  • Move to eradicate briefcase firms timely
    The decision by the government to streamline the business registration procedure and rid the register of fake and dishonest entrepreneurs is welcome.
    2 days ago 21 Apr 14, 10:26am
  • Why firms should always catch a wave in its moment or wait for the next one
    My big round belly, which no one ever thought would be up to any good, was one of the stars of a video that’s gone (somewhat) viral over the past few weeks.
    2 days ago 21 Apr 14, 10:11am
  • Address causes of youth radicalisation
    Much attention has been paid to the increasing radicalisation of youth in Mombasa and its environs; much of the focus has been on religious extremism
    3 days ago 20 Apr 14, 10:11am
  • Support security plan
    As the security operation aimed at smoking out terror suspects hiding among us continues, there is a need to ensure that the exercise does not target a particular segment of society.
    3 days ago 20 Apr 14, 10:07am
  • Intensify efforts to protect our wildlife
    As the poaching menace in the country hits worrying alarming proportions, reports that the wildlife agency has hastened the recruitment of additional game rangers is quite welcome.
    3 days ago 20 Apr 14, 10:07am
  • Modern railway will lay foundation for Kenya’s belated economic takeoff
    Debate on the proposed standard gauge railway line between Mombasa and Nairobi, which is being implemented by the Government, has largely been stuck around the way the project was procured.
    3 days ago 20 Apr 14, 10:02am
  • SGR a foundation for economic takeoff
    Debate on the proposed standard gauge railway line between Mombasa and Nairobi, which is being implemented by the Government, has largely been stuck around the way the project was procured.
    6 days ago 17 Apr 14, 12:09pm
  • Respect title deeds
    Kwale County assembly passed a motion on Wednesday that could see all land under leases revert to the county government.
    6 days ago 17 Apr 14, 12:03pm
  • Why the Wambora ruling is important for the country
    Martin Wambora is a man who rarely managed to cause ripples in his long career in the Civil Service.
    6 days ago 17 Apr 14, 12:03pm
  • Let statistics not fool you; rebasing GDP doesn’t improve the economy
    Mark Twain couldn’t have expressed it more succinctly. There are three types of lies, he said.
    6 days ago 17 Apr 14, 11:55am
  • Why it’s risky for Kenyans to keep borrowing money
    While Kenya has certainly heeded the recent IMF and the World Bank warning on the looming danger in mounting public debt, the country is compelled to face up to the fact that the warning came at a time when there was little by way of alternatives.
    7 days ago 16 Apr 14, 12:33pm
  • Why politicising agencies hurts service delivery
    The biggest challenge to devolution and service delivery in Kenya is the politicising of agencies and appointments to their boards.
    7 days ago 16 Apr 14, 12:24pm
  • Lying with statistics finally catches up
    Nigeria became the largest economy in Africa. Kenya too will catapult into middle income status and as fourth largest economy in sub-Saharan Africa.
    7 days ago 16 Apr 14, 12:23pm

Property - The Star

  • Residents move out as Dubai rents rise
    Rising rents and a lack of affordable housing in Dubai is starting to cause some concerns according to real estate experts in the emirate. The latest figures compiled by property consultants CBRE Middle East shows that residential rents have increas…
    1 day ago 22 Apr 14, 5:00pm
  • UK homebuyers ready to pay more
    As the supply of homes continues to drop, more buyers than ever before are willing to pay more than the asking price to secure their dream property, according to estate agents. The supply of housing on the market has fallen for the sixth consecutive…
    1 day ago 22 Apr 14, 5:00pm
  • Appropriate land policy can solve most problems facing Kenyans
    Kenya is today faced with a myriad problems ranging from high youth unemployment, skyrocketing food and housing costs, monumental land prices, escalating traffic jams and a huge tax burden on the citizenry. However, most of these problems would idea…
    1 day ago 22 Apr 14, 5:00pm
  • Mandatory real estate contracts for Dubai
    Property contracts in Dubai will become mandatory from May 1 in a bid to clarify the roles of buyers, sellers and brokers, the Dubai Land Department has confirmed. The new contracts are expected to speed up property transactions, make it easier for…
    8 days ago 15 Apr 14, 5:00pm
  • Building bonanza to change face of JKIA
    JOMO Kenyatta International Airport is set for a major facelift in a few years time as various construction projects get underway. The airport which has over the years undergone a series of touch-ups and renovations is looking to achieve world class…
    8 days ago 15 Apr 14, 5:00pm
  • Village Market embarks on Sh5bn upgrade
    NAIROBI's prime shopping and recreation complex, Village Market, is set to undergo a major redevelopment starting next month after securing a Sh5 billion loan. It plans to erect a 187-room, 500-person capacity conference facility set to be ready in…
    8 days ago 15 Apr 14, 5:00pm
  • How a house is built: From conception to actual construction
    Many people dream of owning homes, whether through buying or building on their own. Whichever route you choose, it is good to know the process it takes to have your home ready. Broadly, the process of building a house starts with design and can be s…
    15 days ago 8 Apr 14, 5:00pm
  • Tally of Reit managers up as three more get licences
    The number of licensed Real Estate Investment Trusts managers has risen to five following the approval of three more by the capital markets regulator. CIC Asset Management, Fusion Investment Management and Stanlib Kenya have been issued with licence…
    15 days ago 8 Apr 14, 5:00pm
  • Quantity surveyors mark two decades
    The Institute of Quantity Surveyors of Kenya is today marking 20 years of service to the building and construction industry and will highlight plans for the next 17 years. It is to unveil a strategic plan outlining its targets in line with the count…
    15 days ago 8 Apr 14, 5:00pm
  • Autodesk unveils architectural suite in Nairobi
    Autodesk Africa, which makes three-dimension design, engineering and entertainment software, will formally unveil its building information modelling suite for architects in Nairobi tomorrow. It will showcase products in building technology used by s…
    15 days ago 8 Apr 14, 5:00pm
  • Family invests over Sh100m in Baringo hotel venture
    A family in Baringo county has started counting benefits of having invested in their home county to tap increasing demand for hospitality services by tourists. Dan and Lucy Sogomo, and their two children Cheruto and Roy Sogomo, are directors of Kibe…
    15 days ago 8 Apr 14, 5:00pm
  • Kempinski calls the shots
    Delegates attending a two-day property investment conference in Nairobi will pay the highest rates for accommodation at Kempinski Villa Rosa, showing the new hotel commands a status over established brands. A single room has been priced at $250 (Sh2…
    22 days ago 1 Apr 14, 5:00pm
  • Nairobi rent hike fastest globally
    Rent increases for high-end homes in Nairobi have outperformed top cities worldwide for the third year in a row, data from global property firm Knight Frank show. Nairobi has back-to-back topped the list of 17 cities tracked by the index, which targ…
    22 days ago 1 Apr 14, 5:00pm
  • Rents for expats in Nairobi edging up
    Multinational firms and diplomatic corps posting staff in Nairobi have had to part with higher compensation for accommodation costs as rents for high-end apartments rise. Nairobi’s rents increased by 23 per cent in 2013 for a three-bedroom high-en…
    22 days ago 1 Apr 14, 5:00pm
  • Counties property taxes hurt builders
    Surveyors have warned that county governments' huge appetite for fat property taxes could slow down targeted property developments, the Institution of Surveyors of Kenya has warned. ISK on Monday said the astronomical adjustment of property taxes, b…
    29 days ago 25 Mar 14, 5:00pm

CEO Magazine

  • Fund Manager Stanlib introduces Retirement Benefits plan.
    Silvia Nyambura Ugandans’ poor saving culture has contributed largely to a lack of retirement plans for the old generation therefore perpetuating the cycle of poverty in the country. This observation was made by James Muratha the regional director…
    2 days ago 22 Apr 14, 3:52am
  • Citadel Capital buys out TransCentury stake in Rift Valley Railways
    By our reporter Capital Subsidiary Africa Railways, lead investors in the Kenya and Uganda railways has completed a transaction that has seen it purchase a 34% equity stake in RVR from Safari Rail Company Limited, a wholly owned subsidiary of Nairobi…
    16 days ago 8 Apr 14, 4:57am
  • Bank of Uganda holds Key lending rate at 11.5% for the 5th time
    By Taddewo Senyonyi Bank of Uganda (BoU) on April2, 2014 maintained its benchmark rate, the Central Bank Rate (CBR), used for controlling inflation at 11.5% for the fifth time running, citing downside risks to economic growth. This followed an increa…
    20 days ago 3 Apr 14, 10:13am
  • Hima Cement’s sustainability plan to boost value addition
    By Silvia Nyambura With increased competition expected in the regional cement industry, influx of counterfeit products and a rise in import cement, Hima Cement a subsidiary of the Lafarge Group has announced its plan to stay competitive in 2014 in l…
    28 days ago 27 Mar 14, 3:46am
  • MTN Uganda holds 2nd annual forum to honor women

    29 days ago 25 Mar 14, 12:20pm
  • Vivo Energy launches mobile fuel testing laboratory
    Motorists and other fuel consumers will be more assured of quality uncontaminated fuels following the introduction of a mobile fuel testing laboratory by shell licensee Vivo Energy. The lab will collect samples randomly from Shell retail outlets and…
    34 days ago 21 Mar 14, 3:00am
  • Smart Telecom launches in east Africa
    Silvia Nyambura  Smart Telecom has become the 7th player to join Uganda’s competitive telecom sector after having bought off Sure Telecom’s operations in Uganda as well as established in Tanzania and Burundi in a US$ 300 million investment. The…
    37 days ago 17 Mar 14, 8:39am
  • Focus on 2014: DHL Express positions itself as most preferable logistics provider
    By Silvia Nyambura Founded in America in 1969 initially to deliver documents between two American States, DHL Express is a division of German Logistics Company Deutsche Post, DHL boasts of being the largest entity in the global courier industry that…
    41 days ago 14 Mar 14, 7:39am
  • WB forum on Higher Education for Science ,Technology and Innovation ends
    By Patrick Kagenda A two  day forum organized by the World Bank ended March 13,2014  in Kigali Rwanda where the World Bank,in collaboration with H.E. Paul Kagame, the President of Rwanda, hosted the forum with a theme Higher Education for Science,…
    41 days ago 14 Mar 14, 3:51am
  • Vivo Energy introduces road safety education
    Silvia Nyambura In fulfilling part of its corporate social responsibility, Vivo Energy the distributers of Shell products in Uganda has introduced a road safety education program to raise awareness in a bid to reduce road carnage. The program which i…
    41 days ago 13 Mar 14, 9:24am

Kenyan Shilling Exchange Rate

AllKenyaNews

About All Kenya News

All Your Kenyan News is Now in One Place. All Kenya News is Kenya’s independent news aggregation service. Fully- automated, and on a continuous basis, All Kenya News updates breaking headlines linking to news websites all around the world.

Stay in Touch