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Wednesday, January 29, 2020

NEWS

Loss-making KQ to send employees home

KQ Employees: Loss making national carrier Kenya Airways is set to fire employees in what has been termed as a restructuring move. According to an internal memo directed at staff members, the national carrier will carry out the sacking in...

Credit Bank to support Meru County’s Vision 2040 plan

Over the years, Credit Bank has been at the fore front in supporting small and medium enterprises in the country. This has seen small-scale traders and entrepreneurs reap big from the lender's financial solutions. Now, the bank has partnered...

Ethiopian Airlines to dwarf JKIA with Sh. 500 billion new airport

Ethiopian New Airport Project: BY REUTERS: Ethiopian Airlines will start constructing a new $5 billion airport later this year, its chief executive officer was quoted as saying on Wednesday, as the rapidly-expanding carrier outgrows capacity at its current base...

Passports, IDs, Birth Certificates to be processed same day from July

Issuance of birth and death certificates: Identity Cards, passports, Birth and Death Certificates will be processed and handed to applicants on the same day starting this July. This is according to the cabinet secretary for Interior Security Dr. Fred...

Safaricom, M-Gas launch Sh. 1 to Sh. 70 daily pay per use cooking gas

Prepaid Gas in Kenya:  Safaricom (NSE: SCOM) and M-Gas have launched a revolutionary, prepaid gas service for Kenyan households. Customers will have the flexibility of purchasing gas from as low as Sh. 1 through M-PESA, with the cost of...

Is Fly540 risking passenger lives by flying old aircrafts?

Fly540 Fleet: Complaints have emerged that Kenyan airline Fly540 is using very old aircraft that is putting the lives of passengers at risk. The first complaint emerged on the Facebook page of Phil Etale, who is the communications director...

Nairobi’s Mayfair Hotel shuts down, fires employees

Nairobi Mayfair Hotel: The Southern Sun Mayfair Hotel in Nairobi has shut down. The hotel group owned by South African hospitality group Tsogo Sun has also fired all its employees. According to a report that appeared in the Business Daily...

NHIF hits Kenyans with new punitive rules

NHIF Requirements: The National Hospital Insurance Fund (NHIF) has released fresh punitive rules for its members. According to the report, the NHIF has increased from 60 to 90 days the number of months newly registered members will have to wait...

Career profile of new Microsoft’s Kenya CEO Kendi Ntwiga Nderitu

Microsoft has appointed Kendi Ntwiga Nderitu as the Country Manager for its operations in Kenya. A statement from Microsoft described her as a highly disciplined and driven IT, business leader with more than 15 years of experience in the...

Safariom to reward merchants with tractors, Fuso trucks in new promotion

Lipa Na M-PESA promotion: Safaricom (NSE: SCOM) has today launched an eight week Lipa Na M-PESA promotion that will reward both customers and merchants for making and receiving payments through the service. Buyers and sellers will receive 1 point for...
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Mwezi uko kwa kona? How you can get some quick cash easily

Quick Cash Loans Kenya: Is there any other month that seems to take forever to end than January? Most...
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Loss-making KQ to send employees home

KQ Employees: Loss making national carrier Kenya Airways is set to fire employees in what has been termed as a restructuring move. According to an...

Nairobi landlord slashes rent by Sh. 5,000 as tough economy bites

Rent in Nairobi: In yet another indication of how bad things have gotten, a Nairobi landlord has reduced monthly rent for the year 2020...

Indian descent billionaires who run the business world in Kenya

Indian descent billionaires: The number of Kenyan billionaires continues to grow substantially as economic growth in the country outstrips that of other countries in...

I left good money on the table during a job negotiation

Nelly Movine is the Regional Chief Finance Officer at Jumia, a Pan-African e-commerce firm listed on the New York Stock Exchange. Greatest milestone: My greatest milestone in...