Bernard Ngugi Biography:Kenya Power Board of Directors in October 2019 appointed Bernard Ngugi as the Managing Director and Chief Executive Officer of the company.
The board’s Chairperson Mahboub Malim Mohammed described Ngugi as the “best fit for the job, owing...
Rwanda Electric Car: Electric vehicles have officially been rolled out in Rwanda. This follows a partnership between Volkswagen and Siemens. The launching of electric cars in Rwanda further points to the country's emergence as a regional tech hub.
Here is...
TransNational Bank Buyout: Nigerian Tier-1 lender, Access Bank says it is ready to acquire the Transnational Bank of Kenya. CEO of Access Bank Herbert Wigwe, says he anticipates that the deal will be concluded before the end of November....
Moi Health: Former President Daniel arap Moi is admitted at the Nairobi Hospital in a critical condition.
According to reports, Moi is currently admitted at the hospital's intensive care unit (ICU). He was rushed to the hospital on Monday for...
The Space Lounge: The Environment and Land Court has directed the Nairobi County Government to revoke all permits and liquor licenses issued to four popular entertainment joints in the city’s upmarket area of Kilimani.
This is after residents of Kilimani...
Exporting Avocados to China: Months after Kenya signed a deal to export avocados to China, a shocking revelation has emerged showing that only one out of every 100 companies can actually export the products to the emerging super power.
Apparently,...
Chris Kirubi Haco: Billionaire Chris Kirubi made an astonishing Sh. 1.8 billion from the sale of Haco industries’ Bic Franchise. This was revealed by the French multinational firm Société BIC which said that it will make further payment to...
Jumia customers are set to benefit from access to more pick-up points countrywide enabling them to pay a lower delivery fee on over 10M products.
This follows a renewed partnership with Postal Corporation of Kenya (PCK), a deal that will...
Peter Ndegwa Safaricom: Leading telecommunications firm Safaricom has appointed a Kenyan as its chief executive officer. The company on Thursday appointed Peter Ndegwa as its CEO. Below is the letter from the Safaricom Board on the Peter Ndegwa Safaricom...
Raphael Tuju Net Worth: A prominent bank is seeking over Sh. 1.4 billion from a restaurant that is associated with Jubilee secretary-general Raphael Tuju.
According to a report that appeared in the Business Daily on Thursday, the East African Development...