A 2,000 tones capacity Marine Vessel, Pamba Wagon Ferry owned by Mango Tree Group commenced the transportation of goods from the Kisumu Port to the East Africa region on Monday. …
EAST AFRICA
- BusinessEastern AfricaEconomyTransportation & Logisitics
- Eastern AfricaEconomyOil & Gas
Fuel shortage hits ahead of price as investors sanguine in market stocks
Motorists have been hit by a fuel shortage following rationing to some retail outlets in Nairobi amid fears that marketers have cut volumes in anticipation of higher prices from Wednesday …
- AFRICA NEWSEastern AfricaEconomyInformation Technology
Kenya and Africa are Ready to link with the Future of Cloud
It is sometimes too easy for the world to wrongfully assume that Africa lags too far behind the global cloud innovation revolution happening. That is a fundamentally flawed outlook. As …
Equity Bank has concluded negotiations to buy Spire Bank, setting the stage for the signing of a deal that is expected to get the teachers-owned bank out of a financial …
- AgricultureEastern AfricaEconomy
President-Elect Ruto promises to announce a new Fertilizer Prices this week
President-Elect William Ruto says he will announce new fertilizer prices this week after he held consultations with various stakeholders. Speaking during a thanksgiving interdenominational service in Meru Sunday, the president-elect …
The Nairobi Securities Exchange (NSE) has extended the waiver of its fees on equity day trades to December 31. The extension is aimed at boosting market activity and creating an …
- Banking, Finance & InvestmentBusinessEastern Africa
KCB and IFC partner to Finance Climate Change Efforts in Kenya
KCB Bank Kenya has secured a Sh18billion loan from the International Finance Corporation (IFC) that will boost the lender’s support for businesses that address climate change. Through the partnership, IFC …
Mobility service provider Uber has expanded its services to Kisumu, Nakuru, Eldoret, and Naivasha, creating more job opportunities in the destinations while cementing its position in the industry. The ride-hailing …
The chief executive of the Rural Electrification and Energy Corporation (REREC) Peter Mbugua is among top managers at the State corporation who have been suspended over fake surveys estimated to …
- BusinessEastern AfricaEducationFinance & Services
Financial markets gain Sh10bn ahead of poll case verdict
Investors remained cagey ahead of the Supreme Court verdict Monday, with foreigners appearing to have put on hold their activities on the financial markets. Key economic indicators closed Friday — …