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Safaricom hires Florence Nyokabi as new human resource chief

Nairobi, April 5 -- Safaricom Plc has appointed Florence Nyokabi as its new chief human resources (HR) officer, taking over from Paul Kasimu, who has transitioned to the role of HR Transformation and ... Read More


CAK safeguards 14,000 jobs in flower company mergers

Nairobi, April 5 -- Conditional approvals for the merger of four flower firms helped protect 14,000 jobs in the year to June last year, the competition watchdog has revealed, handing relief to thousan... Read More


Win for NSE as index provider lifts restrictions

Nairobi, April 3 -- The Nairobi Securities Exchange (NSE) is set for a boost in foreign investor inflows after leading global index provider Financial Times Stock Exchange (FTSE) Russell Index lifted ... Read More


31 new hotels coming up in Kenya before year end

Nairobi, March 28 -- Kenya has 31 new hotels in the pipeline this year with a total of 4,268 rooms, a new report says, signalling the continual recovery of the tourism and hospitality sector even as v... Read More


Residential market boosts Nairobi building approvals

Nairobi, March 28 -- The value of buildings approved for construction in Nairobi last year increased by 33.6 percent to Sh217.04 billion in the 12 months to December compared to the previous year, on ... Read More


Kenya's jobless engineers, doctors fight for gig work

Nairobi, March 26 -- At least 40 percent of Kenyans working in the gig economy as freelancers hold a degree in science, technology, engineering and mathematics (STEM), underlining the underemployment ... Read More


Former Scangroup CEO Bharat Thakrar files Sh4.3bn suit over ouster

Nairobi, March 25 -- Former Scangroup CEO Bharat Thakrar has sued the firm's UK-based parent WPP Plc, its subsidiary WPP Scangroup, and all its directors in a Nairobi court for alleged loss and reputa... Read More


James Finlay earned Sh3bn in Kenya exit

Nairobi, March 25 -- UK multinational James Finlay received $23.6 million (Sh3.1 billion) in last year's sale of its Kenya tea business to Sri Lanka's LOLC Holdings, according to a new disclosure from... Read More


Kenya's Sh79bn deals top East Africa's mergers and acquisitions

Nairobi, March 25 -- Kenya recorded merger and acquisition deals worth $600.3 million (Sh79.2 billion) last year, leading its East African peers according to a new report. The country was ranked seco... Read More


Fresh housing levy deductions start in March

Nairobi, March 22 -- The affordable housing levy will be deducted from the March payslips, a new directive from the Kenya Revenue Authority (KRA) says. Guidelines on the collection of the affordable ... Read More