Kenya
NAIROBI, Kenya, Mar 6 – Businesses operators in Nairobi were counting losses following the matatu strike that crippled transport across the city on Wednesday....
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BP sells stake in motor oil arm Castrol for $6bn
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Kenya
The Departmental Committee on Trade, Industry and Cooperatives is reviewing the Special Economic Zones (Amendment) Bill, which seeks to extend tax incentives and concessions...
Kenya
Kiptoo stepped down amid ongoing probes into claims of manipulation of national fuel stock data, which allegedly created a fabricated supply crisis and triggered...
Kenya
Treasury Cabinet Secretary John Mbadi told the Parliamentary Energy Committee that the government is closely monitoring petroleum reserves and incoming shipments following disruptions linked...
Kenya
Chief of Staff Felix Koskei said preliminary findings indicate that the officials are suspected of falsifying in-country fuel stock levels, allegedly creating panic and...
Kenya
In a statement, the board said Mwendwa, who serves as General Manager for Finance, will take over the role on an interim basis to...
Kenya
NAIROBI, Kenya, Mar 6 – The African Development Bank Group (AfDB) has approved a Sh80.5billion ($930million) loan to support Kenya’s Country Strategy Paper (CSP)...
Kenya
NAIROBI, Kenya, Mar 6 – Kenya Airways has announced that it will stop operations on the Nairobi-Eldoret route on April 1, 2014 in favour...
Kenya
NAIROBI, Kenya, Mar 6 – Bamburi Cement has recorded a 19 percent decline in its 2013 pre-tax profit to Sh5.5 billion compared to Sh6.8...
Enterprise
NAIROBI, Kenya, Mar 5 – The Central Bank Rate (CBR) is not the sole determinant of lending rates, explaining why commercial banks’ rates may...