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Nigerian lender to take over Transnational Bank after CBK approval
By Kepha Muiruri,
1133, January 18, 2020 (EAT)
The Central Bank of Kenya (CBK) has okayed the 100 percent acquisition of the Transnational bank by Nigeria’s top lender Access bank. The reserve...
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Development projects face budget cuts in new austerity measures
By Kepha Muiruri,
2005, January 16, 2020 (EAT)
The government has sacrificed allocations to development projects in the face of counter productive growth in recurrent expenditure and disappointing ...
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OPINION: Let’s look at Turnover Tax more objectively; it will expand tax base hence more inclusivity
By Citizen Reporter,
1839, January 15, 2020 (EAT)
By Rosemary Chemutai Of all the provisions contained in the Finance Act 2020, reintroduction of Turnover Tax (ToT) has mustered the lion’s share ...
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Commercial bank loans expected to shape economy in 2020 – Report
By Kepha Muiruri,
1848, January 13, 2020 (EAT)
The filtering in of new loans into the economy is expected to shape growth prospects across the year following the freeing up of credit terms under th...
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Samuel Kimeu to join Africa’s Voices Foundation after TI-Kenya exit
By Citizen Reporter,
1657, December 19, 2019 (EAT)
Samuel Kimeu will join Africa’s Voices Foundation from Transparency International-Kenya where he has been Executive Director for nearly a decade. ...
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Kenya Airways issues profit warning on its expected 2019/2020 earnings
By Kepha Muiruri,
2048, December 18, 2019 (EAT)
Kenya Airways (KQ) has issued a profit warning on its expected full year earnings for the period ending December 31, 2019, joining the growing list of...
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Kenya Airways names Allan Kilavuka as new acting CEO
By Girlie Kendi,
840, December 18, 2019 (EAT)
Kenya Airways named Allan Kilavuka as the new acting Chief Executive Officer on Monday. This after Sebastian Mickosz announced his resignation in M...
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Bank refusals push SMEs to expensive mobile loans
By Kepha Muiruri,
1116, December 7, 2019 (EAT)
Small and medium enterprises (SMEs) are relying on mobile loans for funding more than ever before as banks shun credit issuance to the micro-business....
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Nairobi County Gov’t to use Ksh.362M budget for sewer lines, boreholes in January
By Girlie Kendi,
1113, December 3, 2019 (EAT)
The Nairobi county government will begin upgrading its sewer lines to reduce the impact of overloading that leads to leakages. Governor Mike Sonko ...
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Jambojet launches inaugural flight to Rwanda
By Duncan Mutwiri,
1741, November 27, 2019 (EAT)
Kenyan low cost airline Jambojet on Wednesday launched its inaugural flight to Kigali, Rwanda. The carrier will fly from Nairobi's Jomo Kenyatta In...
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British PM Boris Johnson promises Brexit for Christmas in manifesto
By Benjamin Muriuki,
1803, November 24, 2019 (EAT)
British Prime Minister Boris Johnson promised on Sunday “to get Brexit done”, pledging in his Conservative Party’s manifesto to bring his deal t...
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VIDEO: Multimedia University students chased by baboons
By Girlie Kendi,
1444, November 16, 2019 (EAT)
Multimedia University students were a scared lot this week after a group of baboons chased them off their basketball pitch. A video doing rounds on...
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BWIRE: Why Kenya needs MIL policy yesterday
By Victor Bwire,
1549, November 4, 2019 (EAT)
By Victor Bwire Information including media content regulation in Kenya is as problematic as in the rest of the world, given the rapidly expanding ...
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OPINION: Coastal cities are exposed without mangroves
By Citizen Reporter,
1144, November 2, 2019 (EAT)
Two things happened on October 31, 2019, it was World Cities Day and the three-day mangrove conference ended in Lamu County - home to around 60% of th...
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KenGen clinches Ksh.5.8B deal to drill Ethiopia geothermal wells
By Girlie Kendi,
1120, October 25, 2019 (EAT)
Kenya Electricity Generating Company PLC (KenGen) has clinched a Ksh 5.8 billion contract to drill 12 geothermal wells in Ethiopia. The contract wi...
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BWIRE: Why Nairobi light rail system is the best option
By Benjamin Muriuki,
2055, October 22, 2019 (EAT)
By Victor Bwire Hey wait a minute. How does the Nairobi City urban plan look like? Is it there in the first place? While the Government, mostly...
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Establishment of new Malls extend losses for retail property investors
By Kepha Muiruri,
1328, October 19, 2019 (EAT)
The establishment of new malls in the past year has extended losses for retail property investors, a new report shows. According to the annually pu...
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Matatu app SWVL eyes upcountry rides amid clash with NTSA
By Kepha Muiruri,
1956, October 17, 2019 (EAT)
Bus-hailing service SWVL has set its sights on operations between Nairobi and other towns even as the firm remains embroiled in a spiky regulatory hur...
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INEOS 1:59: A stroke of marketing genius
By Kepha Muiruri,
1704, October 13, 2019 (EAT)
After the lapse of one hour, 59 minutes 40 seconds and two tenths of a second, Eliud Kipchoge crossed the finishing line to seal the greatest fete in ...
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KRA to link with Kenya Power for new taxpayers
By Faizal Ahmed,
1633, October 8, 2019 (EAT)
Kenya Revenue Authority (KRA) is now looking to expand its tax base by use of technology. The taxman will use data from other government and privat...
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