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How Kenyan Uber Drivers are Defrauding Unsuspecting Riders
Business

How Kenyan Uber Drivers are Defrauding Unsuspecting Riders

A scheme used by rogue Kenyan drivers working for taxi-hailing service, Uber to overcharge riders has been exposed. The drivers have allegedly been using dummy apps to extend the distance travelled by the customers in…

May 8, 2018
US Company to Acquire 723 Telkom Kenya Communication Towers
Business

US Company to Acquire 723 Telkom Kenya Communication Towers

Kenyan mobile service provider firm, Telkom Kenya is set to hand over 723 of its telecommunication towers to a United States company, American Tower Corporation (ATC) after the two firms signed an agreement for an und…

May 7, 2018
Facebook Set to Launch a Dating Service
Business

Facebook Set to Launch a Dating Service

Facebook, the world's leading social networking site, is set to launch a dating service in what is seen as a bid to challenge other popular dating apps such as Tinder. The firm will unveil features within its app to e…

May 7, 2018
US Withdraws Sh200 Million Aid from a Kenyan Clinic for Defying Trump's Policy on Abortion
Business

US Withdraws Sh200 Million Aid from a Kenyan Clinic for Defying Trump's Policy on Abortion

The United States has cut Sh200 million aid to a Kenyan family planning clinic, Family Health Options Kenya (FHOK), for defying President Trump's policy on abortion, Washington-based National Public Radio (NPR) report…

May 3, 2018
Gov't Announces 100 Per Cent Waiver on HELB Penalties
Business

Gov't Announces 100 Per Cent Waiver on HELB Penalties

The Ministry of Education has announced a 100 per cent waiver on Higher Education Loans Board (HELB) penalties. Speaking during HELB employers' forum in Nairobi on Thursday, Education Cabinet Secretary Amina Mohamed s…

May 3, 2018
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Microsoft's First-Ever Software Testing Center in Africa Opened in Nairobi
Business

Microsoft's First-Ever Software Testing Center in Africa Opened in Nairobi

US-based technology company Microsoft has opened a software testing centre in Nairobi, the first in the African continent. Microsoft launched the Nairobi center through a partnership with Techno Brain, a Kenyan Inform…

May 3, 2018
Meet John Ngumi, Kenya's Top Multi-Billion Deal Maker
Business

Meet John Ngumi, Kenya's Top Multi-Billion Deal Maker

There are many Kenyans who are famous for their prowess in striking business deals, but little is known about John Ngumi, a seasoned investment banker behind deals worth billions of shillings. Ngumi, who is currently…

May 1, 2018
President Uhuru Kenyatta Announces 5 Percent of Minimum Wage Increase
Business

President Uhuru Kenyatta Announces 5 Percent of Minimum Wage Increase

President Uhuru Kenyatta has announced a five per cent rise in the minimum wage to cushion workers against inflation. “In recognition of the good work done by our workers and cognizant of the 4.8 per cent rate of infl…

May 1, 2018
Completion of Standard Gauge Railway Phase II in Limbo as Chinese Bank Cuts Sh32 Billion Funding
Business

Completion of Standard Gauge Railway Phase II in Limbo as Chinese Bank Cuts Sh32 Billion Funding

The completion of phase II of the Standard Gauge Railway now hangs in the balance after the financier, China Exim Bank cut the funding by Sh42 billion, citing the obstruction of the project by numerous court cases. Su…

Apr 30, 2018
Kenyan Delegation Markets Upcoming Nonstop Flights in the US
Business

Kenyan Delegation Markets Upcoming Nonstop Flights in the US

A delegation of Kenyan officials traveled to the United States to market Kenya as a tourist destination as well as the upcoming nonstop flights between Nairobi and New York. The team, led by Kenya Airways Chief Execut…

Apr 27, 2018
SGR Passenger Train Madaraka Express Nets Sh530 Million in Six Months
Business

SGR Passenger Train Madaraka Express Nets Sh530 Million in Six Months

The Standard Gauge Railway's commuter train, Madaraka Express netted Sh530 million from passenger travel in 2017, pushing Kenya Railways' net profit to Sh700 million.  This was up from the Sh134 million generated in 2…

Apr 27, 2018
Kenya's Best Paying Sectors Named
Business

Kenya's Best Paying Sectors Named

The Economic Survey 2018 has named financial services as the best paying sector in Kenya last year. The survey, which was released on Wednesday shows that employees in the water supply, sewerage and waste management e…

Apr 26, 2018
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Kenyan Car Maker Mobius Receives Sh500 Million from US Gov't to Build Factory
Business

Kenyan Car Maker Mobius Receives Sh500 Million from US Gov't to Build Factory

The United States has issued a Sh500 million loan to Kenyan car manufacturer, Mobius to enable it build a new plant. Mobius said the loan by the US government’s development finance institution Overseas Private Investm…

Apr 26, 2018
JKIA Set for a Key Security Audit by US Authorities in Nonstop Flights Plan
Business

JKIA Set for a Key Security Audit by US Authorities in Nonstop Flights Plan

United States airport authorities will next month carry out a security audit on Jomo Kenyatta International Airport (JKIA) in a scrutiny that will have a bearing on nonstop flights plan between Nairobi and New York. I…

Apr 25, 2018
Kenyan Tech Start-ups Selected for Google Training Program
Business

Kenyan Tech Start-ups Selected for Google Training Program

Two Kenyan technology startups Pezesha and Flex Pay have made it to the list of firms that will benefit from a program by global technology company Google. The two have been picked for Google Launchpad Accelerator Afr…

Apr 24, 2018
From Sh5 Fee to Assets Worth Billions: The Success Story of a Kericho-Based Sacco
Business

From Sh5 Fee to Assets Worth Billions: The Success Story of a Kericho-Based Sacco

Over the years, Imarisha Cooperative Savings & Credit Society Limited has grown to become one of the most successful Saccos in the country. The Kericho-based savings and credit society was started in 1978 under the na…

Apr 24, 2018
Nairobi's Famous Kiamaiko Slaughterhouse Shut Down By Environment Watchdog
Business

Nairobi's Famous Kiamaiko Slaughterhouse Shut Down By Environment Watchdog

Traders at the famous Kiamaiko slaughterhouse in Nairobi will have to bear the brunt after it were shutdown by the environment agency. On Monday, the National Environmental Management Agency (Nema) announced it had cl…

Apr 24, 2018
'Hustler' DP William Ruto Returns to Kambi Ya Kuku Where He Once Sold Chicken to Motorists, Launches Chicken Auction
Business

'Hustler' DP William Ruto Returns to Kambi Ya Kuku Where He Once Sold Chicken to Motorists, Launches Chicken Auction

Deputy President William Ruto on Saturday launched a chicken auction at Kamagut, Uasin Gishu county, the place where he spent his youthful years hawking chicken to motorists. Speaking at Kambi Kuku during the launch o…

Apr 21, 2018
President Uhuru Woos Investors in London
Business

President Uhuru Woos Investors in London

President Uhuru Kenyatta has promised to expedite the process of setting up of an arbitration centre in Nairobi in a bid to attract investors who lament of delays in the Judiciary. On the sidelines of the Commonwealth…

Apr 20, 2018
Nairobi Governor Mike Sonko Gets Sh15.8 Billion Lion's Share of County Cash
Business

Nairobi Governor Mike Sonko Gets Sh15.8 Billion Lion's Share of County Cash

Nairobi County has for a fifth year in a row received the lion's share of the Sh314 billion shareable revenue allocated to the 47 counties for the 2018/19 fiscal year. Nairobi has been allocated Sh15.8 billion, an inc…

Apr 19, 2018
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