Umeme's stock gains in week-long rally at bourse
Umeme Ltd, the Ugandan energy company cross-listed on the Nairobi Securities Exchange, hit an all-time high last Friday, and analysts forecast further gain. The stock closed at Sh18.95 a share, gaining...
View ArticlePIC to probe Kenya Industrial Estate over sale of public land
THE management of the Kenya Industrial Estate is expected to appear before a Parliamentary committee today over the controversial sale and transfer of its prime land in Nairobi. The transaction was the...
View ArticleIt Is Time For Consumers To MaximIse Sunshine Use
In this column we usually look at opportunities for brands. But just for a change, I would like to encourage as consumers to think about a chance to exert their power. And (ironically) do so in the...
View ArticleHouse team not under scrutiny, says EACC
ETHICS and Anti-Corruption Commission deputy CEO Michael Mubea has disputed claims that the commission was investigating committees of Parliament. His reaction comes a day after the Star carried an...
View ArticleBanks more cautious on tourism and agricultural sector loans
MOUNTING insecurity, inadequate rains and high cost of living led a number of banks to increase their lending rates during the second quarter of the year, according to an industry report published...
View ArticleHassConsult strikes deal to sell overseas properties
Nairobi-based real estate firm HassConsult Ltd has struck a deal with a Dubai-based property developer and promoter to sell the latter's overseas properties to Kenyan buyers. The firm said it has been...
View ArticleHome Afrika in free-fall at NSE as buyer side keeps off
Home Afrika’s stock dipped to an all-time low at the NSE on Monday, with the downward pressure attributed to its lack of clear revenue growth projections and investors’ valuation worries. The real...
View ArticleSafaricom takes full control of new lines
Safaricom’s M-Pesa agents will no longer register new subscribers on the telco’s network after it suspended the role on Thursday. The move potentially deals a blow to M-Pesa agents' supplementary...
View ArticleCorridors of Power
A county administrator and police officer in Lamu recently conspired to release two terror suspects. The two were among ten arrested in the ongoing security operation. The group was scheduled to be...
View ArticleCeleb ballers lose to Sadili promise comeback
On Sunday, the celebrity team of basket ballers going under the street moniker EFC - Entertainment with Fun for Charity - suffered a huge loss at a friendly against Sadili. They learnt a lesson...
View ArticleState to propose roads deal to private sector
THE government has an ambitious plan that will see the private sector take a lead role in developing infrastructure. Today President Uhuru Kenyatta is expected to open a national conference at Kenyatta...
View ArticleSh50 million for Mombasa cultural festivals
DESPITE the insecurity at the Kenyan coast, Mombasa county has set aside Sh50 million for this year's Mombasa cultural festival. According to the department of tourism, cultural and development in...
View ArticleKenya calls for border checks amid risk of ebola spread
THE number of Ebola cases in three West African countries as at July 23 is 1201, including 672 deaths. The revelation comes amid heightened fear that Kenya risks falling victim to the deadly disease...
View ArticleCandy Records fights off Athletics Kenya
GLOVES are off between music and film recording stable Candy n Candy Records and the country's athletics governing body Athletics Kenya (AK) over the latter's bid to discredit the label's upcoming...
View ArticlePoliceman kills wife and self over marital dispute
A police officer shot his wife dead yesterday morning in their bedroom at Kamiti Corner, Kiambu. Julius Kimore Otieno killed himself after shooting Nelius Nduku with a ceska pistol. He was posted at...
View ArticleFocus on education, teachers, pupils told
Teachers and pupils' absenteesim may derail education in Kiminini constituency, MP Chris Wamalwa has said. He said no student should sit at home due to lack of school fees as the Constituency...
View ArticleReferendum will fail, Kuttuny tells Cord
The referendum Cord is pushing for will not succeed as Jubilee has the numbers, State House adviser Joshua Kuttuny has said. He said Cord's push to have 40 per cent of the national budget allocated to...
View ArticleElgeyo police gun down 4 suspects
Police officers in Chesoi have shot dead four suspected thugs in Kimanech Forest, Elgeyo Marakwet county. The four are part of a six-member gang believed to have hijacked a Trans Nzoia county public...
View ArticleTunai puts lax MCAs on notice
NAROK Governor Samuel Tunai has said non-performing county executives will be replaced by individuals who can deliver. He said he is closely working with and monitoring them to ensure they deliver....
View ArticleWorkers in Narok back decision
THE Kenya County Government Workers Union has refuted claims that workers are opposed to the Council of Governors’ decision on their pension scheme. Rift Valley region chairman Daniel ole Tome was...
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