Articles by Beatrice Eghwa

A general view of the commissioned berth No. 19 at Kilindini Port in Kenyan's coastal town ...

Insurers eye lucrative marine cargo business

1730, September 6, 2016 (EAT)

Local insurance firms are angling for a slice of the international maritime cargo business as the national treasury moves to spur the sector’s growt...

East Africa fastest growing region in the continent

2005, August 29, 2016 (EAT)

East Africa is set to be the fastest growing region in Africa this year after posting a regional growth rate of 6.7 percent, prompted by the sharp ris...

JamboJet to offer in-flight advertising to boost revenue

1839, August 29, 2016 (EAT)

Low cost carrier, Jambojet, has ventured into a new avenue of revenue generation after partnering with Global Onboard Partners (GOBP) to offer in-flig...

Japanese companies hunt for business in Africa

1718, August 26, 2016 (EAT)

The 6th Tokyo International Conference on African Development (TICAD VI) will see at least 75 companies from Japan chase after business ties with Af...

Banks to source new revenue streams

1748, August 25, 2016 (EAT)

Commercial banks now face a tough task of re jigging their business models in an effort of reducing reliance on interest income from loans disbursed. ...

Ngong Road traffic to ease as expansion starts

2154, August 24, 2016 (EAT)

The county of Nairobi is losing Sh147.67 billion annually due to traffic gridlocks reflecting a major impediment to economic growth. ...

AGRA pushes banks to increase lending to farmers

1808, August 23, 2016 (EAT)

Commercial banks have been urged to increase their lending to the agricultural sector. According to Kenya Commercial Bank (KCB), only three percent...

Equity Bank posts Sh10.1bn half year profit

1854, August 22, 2016 (EAT)

Equity Group Holdings has recorded Sh10.1 billion after tax profit in the half year financial results owing it to digitization and increased use of va...

Treasury urges insurance companies to innovate

1739, August 19, 2016 (EAT)

The Kenyan insurance sector contributes only a third on life insurance premiums against the global average scenario on life insurance business which s...

Treasury concludes 40pc acquisition of De La Rue

1856, August 18, 2016 (EAT)

The government has paid £5 million (Sh663.3 million) to acquire a 40 percent of currency printing firm De la Rue. This marks the end of an eight y...

Chase Bank gets CBK nod to take deposits, resume lending

1131, August 17, 2016 (EAT)

Chase Bank’s quest to resume full operations received a major boost on Wednesday after the Central Bank of Kenya (CBK) cleared the bank to mobilize ...

Banks call for parliamentary dialogue over interest rates

2109, August 16, 2016 (EAT)

After seemingly being spooked that president Uhuru Kenyatta had signed a bill to cap interest rates, commercial banks have called for engagement with ...

Big banks yet to lower interest rates

1828, August 15, 2016 (EAT)

Large commercial banks are yet to lower their interest rates even after six mid-tier lenders yield to public pressure to lower the current lending rat...

Banks yield to pressure, lower interest rates

1824, August 12, 2016 (EAT)

Commercial banks are beginning to yield to the public pressure to lower interest rates on loans. Three banks on Friday announced that they will be ...

Banks draw up plan to negate capping of interest rates

1923, August 10, 2016 (EAT)

Commercial banks have come up with a seven point plan which they hope will negate the need to cap interest rates via legislation. Under the umbrell...

SGR contractors commit Sh1b to train railway engineers

1158, August 9, 2016 (EAT)

Two Chinese contractors working on the standard gauge railway(SGR) have committed Sh1 billion to set up a modern railway training institute. The Ch...

We know what we need, Uhuru tells SGR critics

1546, August 8, 2016 (EAT)

President Uhuru Kenyatta has hit out at critics of the Sh327 billion standard gauge railway (SGR) project, arguing Kenya needs to invest in infrastruc...

Uchumi suppliers drop wind up suit

1904, August 5, 2016 (EAT)

Uchumi’s hopes of turning around its operations received a shot in the arm after 15 of its suppliers dropped a wind up petition against the retailer...

ICDC to partner with MFIs for SME lending

1740, August 5, 2016 (EAT)

The Industrial and Commercial Development Corporation (ICDC) has set aside Sh1 billion to fund small and medium sized companies as part of its investm...

Kenya Airways losing pilots to Middle East

1740, August 3, 2016 (EAT)

The Kenya Airline Pilots Association has raised concerns over loss of human capital in its organization as more KQ pilots leave for the Middle East in...