Articles by Sofia Ali

Parliament approves appointment of CBK board directors

2012, October 19, 2016 (EAT)

After close to two years, the Central Bank of Kenya (CBK) finally has a fully constituted board. This follows the approval of the five nominees tha...

NSE to introduce internet trading

2051, October 18, 2016 (EAT)

The Nairobi Securities Exchange (NSE) will soon introduce Internet Trading Services to investors. NSE Chief Executive Officer Geoffrey Odundo said ...

Govt in talks with KALPA, KQ management to avert Tuesday strike

1051, October 17, 2016 (EAT)

Government officials are locked in a meeting with Kenya Airways (KQ) management and the pilots union to resolve the stalemate between the airline and ...

Kenya in joint tourism deal with Rwanda, Uganda

1858, October 12, 2016 (EAT)

Kenya has entered into a joint tourism marketing agreement with Uganda and Rwanda to sell the region as a single tourist destination. The move is a...

Visa rules dominate Zuma, Uhuru talks

1833, October 11, 2016 (EAT)

The South African government is reviewing a request from the government to issue Kenyans with a visa on arrival. This follows a meeting between Pre...

Govt. secures Sh20.7bn for water projects

1816, October 4, 2016 (EAT)

The government has signed an agreement with two international irrigation consultancy firms for the design and supervision of lower Nzoia Irrigation pr...

KCB changes tack with one month mobile loan

943, October 3, 2016 (EAT)

The Kenya Commercial Bank (KCB) has scrapped three and six month loans on its mobile loan system KCB M-Pesa. At the same time the bank has introduc...

Michael Joseph lined up for KQ board

1500, September 29, 2016 (EAT)

Former Safaricom boss Michael Joseph has been nominated to join the board of Kenya Airways. This is part of a major shakeup that is expected to inj...

Small banks seen suffering in interest cap era

1748, September 27, 2016 (EAT)

The introduction of capping of the interest rates will see the small banks in the country risk going out of business. According to research from Br...

Govt to make Nairobi a mineral trade hub

1807, September 26, 2016 (EAT)

The Ministry of Mining is expected to host first of its kind Gemstone jewelry Show in Nairobi, a move that will see Nairobi become mineral trading hub...

Equity to price mobile loans on new law

1827, September 14, 2016 (EAT)

Equity Bank has announced that plans to price mobile loans offered through its Equitel subsidiary at 14.5 percent in line with the new law on interest...

Helb to charge non-beneficiaries Ksh 1,000 for clearance certificate

HELB eyes new funding avenues as student loan demand rises

1907, September 13, 2016 (EAT)

The Higher Education Loans Board (HELB) is looking to alternative sources of funding to meet the growing demand by students to access education. Ac...

Gov’t urged to deal with counterfeit seeds to address food security

1429, September 9, 2016 (EAT)

There is need to increase penalty for unscrupulous importer’s selling counterfeit and substandard seeds. Joseph De Vries, the Chief Agricultural ...

CBK to create collateral registry

2047, September 8, 2016 (EAT)

Banks will soon implement the collateral registry to ease transactions between banks and their customers. Central Bank of Kenya (CBK) Deputy Govern...

Tourism players to leverage on conference tourism

1840, September 6, 2016 (EAT)

The ministry of tourism is set to leverage on conference tourism to cover the shortfall of tourists coming to Kenya on holiday. Tourism Principal S...

Seed trade harmonization to address food security – COMESA

1743, September 5, 2016 (EAT)

Kenya is set to gazette seed harmonization regulations before the end of the year to allow and ensure smooth flow of seed from one country to another....

Gov’t introduces Single Registry to effect data sharing

1915, September 2, 2016 (EAT)

The Government, through the Ministry of East African Community, Labor and Social Services, has introduced Single Registry platform to eliminate double...

Disclose financial positions to public – Accountants to Auditors

1702, September 1, 2016 (EAT)

The Institute of Certified Public Accountants of Kenya (ICPAK) has called on the CEO, CFO's and auditors of the public licensed market intermediaries ...

Kenya Re announces a Ksh 7B half year profit

2054, August 30, 2016 (EAT)

Kenya Reinsurance Corporation (Kenya Re) has announced a growth of 14% percent in pre-tax profit to 7 billion shillings. The corporation’s Managi...

Kenya gets Ksh 10B grant from Japan

1822, August 29, 2016 (EAT)

Japan has the pledged Ksh 10 billion grant to Kenya to go to economic and social development programmes in the country. This was ratified by signin...