Articles by Noah Kuto

EACC closes case on KAA apron bus procurement

1827, December 2, 2016 (EAT)

The Director of Public Prosecution has closed its case against former Kenya Airports Authority (KAA) managers over the procurement of five airport pas...

Counties bank on automation to boost revenue collection

838, November 29, 2016 (EAT)

County governments collected Sh35.2 billion in revenues in the 2015/2016 financial year the Commission on Revenue Allocation (CRA) has said. Accord...

Kenya to tap trade with Latin America Caribbean countries

1720, November 25, 2016 (EAT)

The government has reached out to Latin American and Caribbean countries to increase investment in Kenya given the changing global economic policies. ...

Boon for developers as government scraps construction levies

1741, November 22, 2016 (EAT)

The government has moved scrap all duties and levies charged by state agencies and county governments on construction projects in a bid to spur develo...

Kenya Airways seeks financial advisor to re negotiate loans

1335, November 18, 2016 (EAT)

Kenya Airways has begun the search for a Project Financial Manager as part of efforts to restructure the airline’s debt’s operations. The airli...

KEBS issues notice for left hand car imports

1820, November 11, 2016 (EAT)

The Kenya Bureau of Standards (KEBS) has sealed a loophole that allowed vehicle importers to import left hand drive cars into the country. In a not...

Only registered farmers will sell maize to NCPB

945, November 7, 2016 (EAT)

The Ministry of Agriculture is set to start vetting maize farmers who will benefit from the National Cereals and Produce Board (NCPB) purchase. Acc...

Longhorn shareholders block sale of head office property

1750, October 31, 2016 (EAT)

Shareholders of listed publisher Longhorn have blocked the planned sale of its headquarters in Nairobi. During the annual general meeting held on O...

Uber slashes prices in Mombasa

1959, October 27, 2016 (EAT)

Taxi hailing service Uber has lowered the fares for Mombasa users. The move comes barely a week after another hailing company Little Ride expanded ...

Coca Cola appoints Ahmed Rady to head East African unit

1119, October 27, 2016 (EAT)

Global beverage giant Coca Cola has appointed Ahmed Rady as the new General Manager of for East Africa. He replaces Peter Njonjo who was made the h...

CMA mulls NSE window to loan out shares

2017, October 25, 2016 (EAT)

Investors at the Nairobi Securities Exchange will soon be able to borrow and lend their shares to other investors in a new trading practice set to be ...

Cheaper power in the offing as KETRACO secures Tanzania power line contractor

1936, October 19, 2016 (EAT)

The Kenya Electricity Transmission Company (KETRACO) has awarded the contract for the Kenya, Tanzania interconnector transmission line to the North Ch...

Kenya Airways share strengthens to Sh4.95

1858, October 18, 2016 (EAT)

Shares of Kenya Airways (KQ) rose 7.61 percent during the day’s trading session to close at Sh4.95 up from Sh4.60 on Monday. The strengthening of...

Fuel prices set for minor changes

1840, October 14, 2016 (EAT)

The Energy Regulatory Commission (ERC) has announced marginal prices changes to the cost of fuel for the next one month. From Saturday super petrol...

Payment delays stall new Likoni ferries arrival

1203, October 12, 2016 (EAT)

The arrival of two new ferries at the Likoni channel will be delayed to April 2017 after the government failed to release funds for their purchase. ...

Germany commits Sh28b for development projects

1722, October 10, 2016 (EAT)

Kenya has secured a Sh28 billion grant from Germany to invest in development projects. The funds will be mostly channeled to water projects as the ...

CMC eyes luxury car market with Ford Mustang

1722, October 7, 2016 (EAT)

Auto dealer CMC has deepened its luxury car offering with the introduction of the ford Mustang. This makes Kenya the second country in Africa after...

KDIC mulls increased cover for customer deposits

1756, October 6, 2016 (EAT)

The Kenya Deposit Insurance Corporation (KDIC) is in talks with commercial to increase the insurance premium on deposits. This comes as the deposit...

Kenya re-elected to UN aviation body

1043, October 5, 2016 (EAT)

Kenya has been re-elected to International Civil Aviation Organization (ICAO) Council. This will be Kenya’s third consecutive term on the United ...

Kenya Power transformer suppliers to sign warranty agreement

1213, October 4, 2016 (EAT)

Kenya Power has introduced a warranty clause in contracts with its suppliers in a bid of improving the quality of power supply. Suppliers will have...