DP Ruto's Hotel: A luxurious Mombasa beach hotel associated with Deputy President William Ruto is now almost complete.
The hotel, whose construction is estimated to stand at Sh. 600 million, has already received the green light from the National Environmental...
Kenya's key assets might be auctioned off or seized by China over the multi-billion loans that the government owes Beijing. This is according to a new report by global ratings firm Moody's Investor Service.
The report, which has ranked Kenya...
BY THE STANDARD: The controversial plan by the Government to electrify the Standard Gauge Railway (SGR) is gathering pace.
The Kenya Electricity Transmission Company (Ketraco) has sought environmental approval to start construction of power infrastructure for the line.
The National Environmental...
Foreign Capital: BY EPHRAIM NJEGA: I was recently surprised to find a 25gm of mixed nuts (peanuts, macadamia and cashew nuts) has risen from KSh 29 to KSh 46.
This is after Tanzania President John Magufuli ordered the army to...
BY BUSINESS DAILY: A Sh. 5 billion home furnishings and building materials supermarket owned by international construction firm, China Wu Yi will officially open doors next month.
The investment, Zhong Wu E-Commerce Kenya Limited, will be housed at the newly...
BY DAILY MONITOR: Lake Victoria Accident: "We departed from KK Beach . Originally the departure time was 12pm but for some unknown reasons, we were delayed until 5pm. People used this time to drink . When the boat finally...
Co-op Bank Digital Banking: The Co-operative Bank has signed a Sh. 244 million digital banking support deal with the International Finance Corporation (IFC). This deal will now see the IFC support Co-op bank's efforts at digitizing its banking efforts.
“Following...
Form One Selection: BY THE STANDARD: The Education ministry faces a challenge in this year’s Form One selection, as the scramble for over 17,000 slots in national schools starts on December 3.
Data from the ministry showed the available spaces...
The Bank of Kigali Group has successfully completed the sale of Sh. 7 billion rights paving the way for its cross-listing on the Nairobi Securities Exchange (NSE) on November 30.
The company said on Friday that existing shareholders exercised 103.58...
Theft at SGR: A shocking report has emerged showing how up to Sh. 1 million is stolen at the SGR daily.
Apparently, the money is stolen through a ticketing scam.
The report, which appeared in a local daily says that the...
