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Nairobi motorists ignore call to block roads over fuel prices
By Rachel Ombaka, 1019, August 22, 2018 (EAT)
A Nairobi motorists protest that was scheduled to start at 7:30am on Wednesday failed to kick off as no vehicles were spotted parked on any of the roa...

fuel prices hike , Matatu fares , motorists association , motorists protest , Simon Kimutai
Tinder dating app co-founders want Ksh.200B compensation from current owners
By CNN, 2116, August 14, 2018 (EAT)
Co-founders of Tinder and eight other former and current executives of the popular dating app are suing the service's current owners, alleging that th...

Tinder , Tinder founder
Barclays posts Ksh3.8bn six month profit
By Kepha Muiruri, 1818, August 13, 2018 (EAT)
Barclays Bank Kenya has announced a six percent growth in profits for the first half of the year to Ksh3.8 billion for the period ending June 30 2018....

Absa , banking , barclays , customer deposits , dividend , innovation , shareholders , six month profit
Ethiopian Airlines frontrunner in tender for planned Nigerian airline
By Reuters, 1749, August 13, 2018 (EAT)
Ethiopian Airlines is the frontrunner to set up and manage a new national carrier for Nigeria, its chief executive said. “We are among a small gr...

Arik Air , Aviation , Ethiopian Airlines , International Air Transport Association , Kenya Airways , Tewolde Gebremariam , transport
‘Governor Waititu mismanaging health funds,’ says Senator Wamatangi
By Ann Ngige Nyamu, 1518, August 2, 2018 (EAT)
Kiambu Senator Kimani Wamatangi has broken his silence over the deplorable state of the county's hospitals. Wamatangi is now accusing Kiambu Governo...

Kiambu Governor Ferdinand Waititu , Kiambu Senator Kimani Wamatangi
Telkom plans to double market share, data in focus
By Reuters, 908, July 30, 2018 (EAT)
Telkom Kenya, the country’s third biggest operator, wants to double its market share to 15 percent and is selling its transmission towers in a lease...

Aldo Mareuse , Communications Authority , Competition , data , Dominance , Loon , Safaricom , T-Kash , telecommunication , Telkom , Vodacom
EABL posts Ksh7.3bn full year profit, eyes growth
By Kepha Muiruri, 1831, July 27, 2018 (EAT)
East African Breweries Limited (EABL) has posted a 15 percent drop in its 2017/18 financial year which stood at Ksh7.3 billion down from Ksh8.8 billio...

Andrew Cowan , Beer , brewer , eabl , east african breweries limited , elections , innovation , investment , keg , Senator Keg , spirits
Simba Corp eyes Ethiopia expansion
By Reuters, 1021, July 27, 2018 (EAT)
Kenyan new vehicles dealer and hotels operator Simba Corp. is looking to expand into neighbouring Ethiopia if the Addis government opens up the foreig...

Acacia Premier , AVA , Dinesh Kotecha , Ethiopia , expansion , Kempinski , luxury hotels , Simba Corp , vehicle assembly , vehicle dealer
KRA says millionaire on Ksh.100K salary was fired two years ago
By Ian Omondi, 2004, July 24, 2018 (EAT)
The Kenya Revenue Authority (KRA) has reacted to a story that ran in one of the local dailies about one of their employees worth a reported Ksh.650 mi...

Ethics and Anti Corruption Commission , Githii Mburu KRA , Kenya Revenue Authority
Trump tweets explosive threat to Iran
By CNN, 1019, July 23, 2018 (EAT)
US President Donald Trump has launched a furious all-caps Twitter rebuke of Iran declaring "you will suffer consequences the likes of which few have e...

Iran , Iran's President Hassan Rouhani , The United States , United States President Donald Trump , US Secretary of State Mike Pompeo
Govt delays resumption of oil trucking
By Citizen Reporter, 1008, July 11, 2018 (EAT)
The government has pushed back plans to resume oil transport from Turkana to Mombasa scheduled for tomorrow as it meets Tullow officials to come up wi...

delays , John Munyes , Oil , Politics , revenue share , sovereign fund , state department of petroleum , trucking , Tullow Oil , turkana
Govt security personnel raided data center,MTN Uganda says
By Reuters, 1211, July 7, 2018 (EAT)
MTN Uganda, a unit of the South African telecoms firm, said government security personnel had raided its data center and disconnected four of its serv...

mobile money , MTN Uganda , South African telecoms firm MTN , Uganda Communications Commission (UCC) , Uganda's president Yoweri Museveni
Govt plans sovereign fund for oil revenue as blockade continues
By Kepha Muiruri, 1802, July 4, 2018 (EAT)
The government is considering setting up a sovereign fund to manage the local community revenue share from proceeds of the country’s crude oil. T...

crude oil , early oil pilot scheme , FID , field development , final investment decision , insecurity , John Munyes , local community , Oil , revenue , security , Tullow Oil , turkana , Uhuru kenyatta
Angry Turkana residents block five trucks transporting oil
By Emmanuel Cheboit, 1622, June 28, 2018 (EAT)
Five trucks transporting oil from Ngamia 8 to Mombasa were blocked by Turkana residents in protest over lack of jobs, tenders and insecurity. Angr...

Turkana Oil
Kenya Airways eyes growth with JKIA management bid
By Kepha Muiruri, 1716, June 22, 2018 (EAT)
National carrier Kenya Airways is stepping up its turnaround from the financial turmoil by following up its operational restructuring with the pursuit...

airlines , airport , Aviation , Gulf , jkia , KAA , Kenya Airports Authority , Kenya Airways , Merger , Michael Joseph , PPP , Sebastian Mikosz
2018/2019 Budget: Highlights of the new tax measures
By Benjamin Muriuki, 2108, June 14, 2018 (EAT)
Mobile money service providers are set to pay higher taxes in the coming financial year if a proposal by Treasury Cabinet Secretary Henry Rotich in th...

2018/2019 budget , Henry Rotich , National Treasury
Key numbers in 2018/19 Budget
By Citizen Reporter, 824, June 14, 2018 (EAT)
Overall the Ksh3.074 Trillion budget has grown by about 10.83 percent from the 2017/18 financial year which was Ksh2.77 Trillion. Here’s how the ...

allocations , budget , County share , debt repayment , deficit , domestic borrowing , energy , equitable share , equlization fund , financial year , financing , fuel fund levy , spending
Auditor casts doubts ARM Cement’s viability after losses
By Reuters, 1125, June 5, 2018 (EAT)
ARM Cement's independent auditor has cast doubt on the Kenyan company's survival as a going concern after losses mounted last year. The company, Ke...

ARM cement , audit , debt , financial loss , going concern , nse , poor financial run , Pradeep Paunrana , revenue , stock dumping , strategic investor
Debt, KRA demand at the heart of Muhoroni closure
By Dennis Otieno, 1904, May 28, 2018 (EAT)
It is now emerging that the closure of Muhoroni Sugar Company over the weekend was as a result of piling debt and not sugarcane shortage. Citizen D...

AFA , agriculture , debt , factory , farmers , Kenya Revenue Authority , KRA , milling , Muhoroni Sugar , privatization , staff , Sugar , sugar factory closure
Early oil trials set for June 3
By Citizen, 1940, May 23, 2018 (EAT)
Kenya is set to start transporting oil to Mombasa next month as part of the early oil pilot scheme (EOPS). The project comes after close to a year�...

Africa Oil , early oil , EOPS , evacuation , ministry of mining and petroleum , Mombasa , Total , transport , Tullow Oil , turkana , Uhuru kenyatta

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