SGR tickets now valid for five days amid fears of new travel restrictions

Nairobi, July 14 -- Validity of booked SGR tickets has been reduced to five days from two months amid fears of travel restrictions during the Covid-19 period. Kenya Railways Corporation (KRC) Monday ... Read More

Deputy governor in trouble over deal inflated 50 times

Nairobi, July 14 -- Former Kenya Investment Authority (KenInvest) Susan Kikwai managing director risks arrest over payment of Sh10.6 million in a deal that ballooned nearly 50 times above the contract... Read More

Firm opens third Artcaffe branch in CBD despite Corona slowdown

Nairobi, July 14 -- US private equity firm Emerging Capital Partners (ECP) has opened its third Artcaffe restaurant in Nairobi's city centre even as Covid-19 has slowed down the sector. The new branc... Read More

Treasury eyes cheaper money on T-bill rates dip

Nairobi, July 14 -- The Treasury is eyeing cheaper money from the domestic market after interest rate on short-term securities dipped to a seven-year low following increased liquidity in the money mar... Read More

Sh10bn needed to power idle medical kits

Nairobi, July 14 -- The Ministry of Energy requires more than Sh10 billion to connect or upgrade electricity connectivity to all Level 2 to Level 5 hospitals for the leased medical equipment service (... Read More

UZOMAH: Tap cloud computing to cover SMEs supply chain

Nairobi, July 14 -- The global impact of Covid-19 pandemic on public health business cannot be underestimated. Policy makers and stakeholders must consider the impact such global disruption of trade p... Read More

HECKNER: Kenya needs stronger institutions to get ahead

Nairobi, July 14 -- Over the past few months, I have been able to observe with some accuracy, how various Eastern Africa nations have reacted to the public health challenge posed by the coronavirus pa... Read More

NSE buys Sh112m stake in shares clearing company

Nairobi, July 14 -- Nairobi Securities Exchange (NSE) Limited has nearly doubled its stake in Central Depository & Settlement Corporation Limited to 40.5 percent with two deals valued at Sh111.9 milli... Read More

Co-op Bank cuts ownership in CIC Insurance to 24 percent

Nairobi, July 14 -- Co-op Bank #ticker:COOP has reduced its indirect ownership in CIC Insurance to 24.8 percent after selling shares to a group of saccos for a total of Sh106.6 million. The lender ha... Read More

3 footbridges to be built on Ngong Road

Nairobi, July 14 -- Three pedestrian footbridges are to be built in the next 18 months along Ngong Road at the Kenyatta National Hospital gate, Coptic Church and the Kenya Science Technical College. ... Read More