Mumias Sugar Company receiver manager Ponangipalli Venkata Rao has restarted the leasing process of the sugar miller.
He was given more time by the Senate Standing Committee on
Agriculture in July 2 following the lapse of the two weeks period he was given
to advertise for bidders for
The Central Bank of Kenya (CBK) Governor Dr. Patrick Njoroge
is calling on the urgency of the banks to meet targets to reduce greenhouse
emissions under the Paris Climate Agreement following the rise of
According to Dr. Njoroge, banks must rise to this challenge
as the consequences of
Safaricom has announced an increase in Skiza revenue share for artists and content creators by 33 percent.
More than 20,000 artists and content-creators are set to
benefit from increased earnings of 40 percent from all their tunes on the
The telco’s Chief Executive Officer Petwe Ndegwa said 'we
Capital Markets Authority (CMA) is taking legal action against WPP Scangroup over unapproved further extension in the delay of publication of its 2020 financial statements.
Scangroup has been accused of making announcement late and the authority has denied to approve it a further extension.
"We didn't approve
Qatar Investment Authority (QIA) is investing a minority
stake in its telco’s mobile-money unit, Airtel Mobile Commerce BV (AMC) at a
tune of Ksh.21.7 billion (US$.200 million).
The transaction values Airtel Africa’s mobile money business
at Ksh.282,42 (US$.2.65 billion) on a cash
and debt free basis.
QIA will hold “a minority
A 20-year-old man is fighting for his life at Kisii County
Teaching and Referral Hospital after a class eight pupil stabbed him in the
head over Ksh.150.
Austine Odoyo was rushed to the hospital in a critical
condition after he was stabbed with a knife by a 14-year old
The “Turkana human” fossil was celebrated by Google Doodle
on August 1, 2021 a fossil more commonly known as “Turkana Boy.”
Google Doodle celebrated the discovery of a complete human skeleton of youth, called Turkana Boy, believed to have lived between 1.5 to 1.6 million years ago.
Governors from the central Kenya Region Economic Bloc have
agreed to eliminate trade tariffs for a range of products.
The governors of Laikipia, Nyeri, Nakuru and Kiambu counties
have waived fees on agricultural produce, mining and manufactured goods
produced and sold in any of the three counties on
Safaricom shareholders approved the final dividend of Ksh.0.92
per share with the dividend payout amounting to Ksh.36.8 billion.
The dividend will be payable on or before August 31, 2021, to the shareholders on the Register of Members as at the close of business on July 30.
During the month of July, T-bill auctions remained
oversubscribed, with the overall subscription rate coming in at 106.6 percent,
down from 120.5 percent recorded in June.
Investor demand shifted to the 91-day paper which had the
highest subscription rate of 213.4 percent, up from 143.4 percent recorded the