economy of the country
Kenya’s top earning CEO? Co-op Bank boss Gideon Muriuki makes Sh1.2m per day: He has over 35 years’ experience in banking and finance.
nation.africa/kenya/business/coop-bank-boss-gideon-muriuki-makes-sh1-2m-per-day-4592858
CDF Ogolla's last moments in troubled North Rift: Helicopter carrying General Ogolla crashed on the border of Elgeyo Marakwet and West Pokot counties.
standardmedia.co.ke/national/article/2001493504/cdf-ogollas-last-moments-in-troubled-north-rift
How Savannah Cement collapsed with Sh14bn debt owed to KCB, Absa: KCB Group and Absa Bank Kenya are facing a Sh14.12 billion hit in the loss-making Savannah ...
nation.africa/kenya/business/revealed-sh14bn-kcb-absa-exposure-in-savannah-cement--4594184
CDF Ogolla to be buried in a simple ceremony according to his wish: The family has announced that the late General Francis Ogolla will be buried on Sunday in a ...
standardmedia.co.ke/national/article/2001493517/why-general-ogolla-will-be-buried-within-72hrs
Rubis inks deal to operate National Oil in rescue plan: Rubis is set to become the strategic investor in National Oil Corporation of Kenya (NOC Kenya).
nation.africa/kenya/business/rubis-inks-deal-to-operate-national-oil-in-rescue-plan--4594166
World Bank Helping Kenya to Debut $500 Million Sustainability-Linked Bond: The World Bank is aiding Kenya to issue Africa’s first sustainability-linked bond by ...
bloomberg.com/news/articles/2024-04-17/kenya-to-debut-500-million-sustainability-linked-bond
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Performing arts to be compulsory in CBC syllabus, says Machogu : Every school expected to take part in the performing arts competitions.
nation.africa/kenya/news/education/performing-arts-to-be-compulsory-in-cbc-syllabus-says-machogu--4591304
Uhuru Kenyatta: The CDF was not only an accomplished military leader, but also a devoted patriot who dedicated his life to serving and protecting our beloved ... Show more
Why that negative HIV test results could actually be positive: There is a chance that three out of every 100 Kenyans who underwent testing were erroneously ...
standardmedia.co.ke/health/health-science/article/2001493013/why-that-negative-hiv-test-results-could-actually-be-positive
Kenya Airways cancels Wednesday flight to Dubai due to flooding and severe weather conditions in the United Arab Emirates, says it is monitoring the situation
Pula raises $20M Series B to provide agricultural insurance to farmers in Africa, Asia and LatAm
techcrunch.com/2024/04/14/pula-raises-20m-series-b/
Record debt costs mean climate spending could push nations to brink of insolvency
reuters.com/sustainability/sustainable-finance-reporting/record-debt-costs-mean-climate-spending-could-push-nations-brink-insolvency-2024-04-15/
Hilton, State put up Sh2bn stake in city hotel for sale: Interested investors are obligated to buy out the shareholding of both entities.
nation.africa/kenya/business/-hilton-state-put-up-sh2bn-stake-in-city-hotel-for-sale-4592758
A look at Nike's Team Kenya kits for the Paris 2024 Olympics: Nike unveiled Olympic kits for the teams it sponsors alongside athletes including Eliud ...
nation.africa/kenya/videos/a-look-at-nike-s-team-kenya-kits-for-the-paris-2024-olympics-4587872
Bayer, Nestlé, Unilever and Other Multinationals Cut Back in Africa: After decades of optimism about the region, global giants such as Bayer ...
bloomberg.com/news/features/2024-04-17/bayer-nestle-unilever-and-other-multinationals-cut-back-in-africa
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Tourism players differ over KWS plan to hire out national park sites: KWS plans to lease at least 13 tourist camps to private investors as part of arrangements ...
standardmedia.co.ke/business/business/article/2001493288/tourism-players-differ-over-kws-plan-to-hire-out-national-park-sites
Kenya Airports Authority announces outage of runway lights at Wilson Airport, says technical team working to restore normalcy; cause of failure yet to be ... Show more
WARNING: GRAPHIC CONTENT
In the rolling grasslands of the Amboseli wildlife park, conservationists are worried about an emerging threat to the elephants that ... Show more www.reuters.com/world/africa/elephant-deaths-trigger-kenyan-call-tanzania-curb-hunts-2024-04-10/
President William Ruto asks KMPDU to accept the government's offer, says state lacks funds to meet their demands; the doctors' strike has been on for 22 days ... Show more
High Court foils MPs' bid to make Kenya Kwanza minority party in Parliament: The ruling was made by a three-judge bench following an application by two MPs.
nation.africa/kenya/news/high-court-foils-mps-bid-to-make-kenya-kwanza-minority-party-in-parliament-4594912
Moderna pauses Kenya plant plans as COVID vaccine demand wanes: Moderna said on Thursday it had paused its plans to build a vaccine manufacturing facility in ...
reuters.com/business/healthcare-pharmaceuticals/moderna-puts-kenya-plant-plans-hold-covid-vaccine-demand-slumps-2024-04-11/
Shilling gain cuts external debt by Sh1.12 trillion: The stock of external debt has fallen by Sh1.124 trillion in less than three months.
businessdailyafrica.com/bd/economy/shilling-gain-cuts-external-debt-by-sh1-12-trillion--4586234
The money pooled by ordinary citizens, celebrities, businessmen and philanthropists will be used to pay the blood money to save the life of Abdul Rahim ... Show more www.indiatimes.com/news/india/real-kerala-story-crowdfunding-raises-rs-34-crore-blood-money-to-save-man-on-death-row-in-saudi-632246.html
Kenya recalls J&J children's cough syrup over suspected toxicity: Kenya's drug regulator is recalling a batch of Johnson & Johnson children's cough syrup ...
reuters.com/business/healthcare-pharmaceuticals/kenya-recalls-jj-childrens-cough-syrup-over-suspected-toxicity-2024-04-11/
TSC to post 6,000 teachers to special schools: During a meeting in Naivasha last week, the teachers' employer agreed to deploy the tutors in three phases ...
standardmedia.co.ke/education/article/2001493258/tsc-to-post-6000-teachers-to-special-schools
Kenya Keeps Key Interest Rate Unchanged at 13% as Currency (USDKES) Rallies: Kenya’s central bank kept its benchmark interest rate unchanged at a 12-year high as ...
bloomberg.com/news/articles/2024-04-03/kenya-leaves-key-rate-steady-at-13-as-currency-rallies
#BusinessClass from #Budapest, Hungary to Nairobi, Kenya for only €1395 roundtrip with Turkish Airlines #TravelTuesday (lie-flat seats)
secretflying.com/posts/business-class-from-budapest-hungary-to-nairobi-kenya-for-only-e1183-roundtrip
Relief for motorists as fuel prices drop further: Petrol to retail at Sh193.84 per litre in Nairobi.
nation.africa/kenya/business/relief-for-motorists-as-fuel-prices-drop-further-4590224
Prague, Czech Republic to Nairobi, Kenya for only €458 roundtrip: Cheap flights from Prague, Czech Republic to Nairobi, Kenya for only €458 roundtrip with ...
secretflying.com/posts/prague-czech-republic-to-nairobi-kenya-for-only-e367-roundtrip/
“Unga was around Ksh 200, it has come down to almost Ksh 100. The dollar against the shilling was 160 it has come down to around 120 and today fuel has come ... Show more
Kelvin Kiptum Commemorative Limited Edition watch unveiled ahead of Rotterdam Marathon
nation.africa/kenya/sports/athletics/kelvin-kiptum-commemorative-limited-edition-watch-unveiled-ahead-of-rotterdam-marathon--4589454
President William Ruto directs Transport CS Murkomen to lead the charge in reducing fatalities and injuries resulting from road accidents within the next year
CBK's fresh bid to raise core capital puts small lenders, investors on edge: The banking regulator, the Central Bank of Kenya (CBK), has proposed a ...
standardmedia.co.ke/financial-standard/article/2001492866/cbks-fresh-bid-to-raise-core-capital-puts-small-lenders-investors-on-edge
Kenya power delivers cheaper electricity bills for residents | Africanews: This reduction is attributed to a stronger Kenyan shilling against the dollar and ...
africanews.com/2024/04/16/kenya-power-delivers-cheaper-electricity-bills-for-residents/
Nike pins hopes on Olympics in race to take back market share: Nike is set to unveil new kits for the Olympic national teams it sponsors including the U.S ...
reut.rs/3JbT4vI
Buyers turn to leeks on high onion prices : As the cost of red onions skyrockets, Kenyan consumers are turning to alternatives such as spring ...
nation.africa/kenya/business/buyers-turn-to-leeks-on-high-onion-prices--4594142
How once shaky banks have found steady rhythm after acquisitions: CBK shift in strategy from era of padlocks to that of arranging marriages of convenience ...
nation.africa/kenya/business/how-once-shaky-banks-have-found-steady-rhythm-after-acquisitions-4593318
How clinker plant will change lives in West Pokot: New factory will see several roads in the region upgraded to ease transport.
nation.africa/kenya/counties/west-pokot/clinker-plant-bags-of-goodies-west-pokot-residents--4592038
World Bank Set to Approve $1.2 Billion Budget Funding for Kenya: The World Bank is poised to approve $1.2 billion of budget financing to Kenya before the end of ...
bloomberg.com/news/articles/2024-04-02/world-bank-set-to-approve-1-2-billion-budget-funding-for-kenya
Stanbic bags lucrative Devki banking business: Devki Group has been with KCB Kenya over the last 40 years.
nation.africa/kenya/business/stanbic-bags-lucrative-devki-banking-business-4588346
Identity of woman found dead alongside Eastleigh robbers revealed : Their bodies were found at different locations in Nairobi and Kiambu counties.
nation.africa/kenya/counties/nairobi/identity-woman-found-dead-alongside-eastleigh-robbers-revealed--4588888
Officials say course is ready for Eldoret City Marathon action: The course showcases iconic spots such as Kipchoge Keino Stadium and suburbs.
standardmedia.co.ke/sports/athletics/article/2001493239/officials-say-course-is-ready-for-eldoret-city-marathon-action
Revealed: Sh75 billion tax stalls M-Pesa's split from Safaricom: Telco has been under pressure to separate its lucrative mobile money unit from its telcoms ...
standardmedia.co.ke/business/business/article/2001492685/revealed-sh75-billion-tax-stalls-m-pesas-split-from-safaricom
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Eliud Kipchoge 'expects' to win third Olympic Games marathon: Kenya's Eliud Kipchoge has "huge expectation" to win a historic third successive Olympic marathon ...
bbc.com/sport/africa/68797836
How Kenya Airways passengers lost Sh4.3 billion on ticket expiry breach: Kenya Airways customers lost Sh4.26 billion last year on failing to use their tickets ...
nation.africa/kenya/business/how-kenya-airways-passengers-lost-sh4-3-billion-on-ticket--4587566
Top banks splash Sh186bn to woo wealthy depositors: Interest paid out on customer deposits rose by 48.2pc from Sh125.7bn in 2022.
nation.africa/kenya/business/top-banks-splash-sh186bn-to-woo-wealthy-depositors-4594066
Secondary schools to be re-categorised into three: The groups will be for sciences, humanities and sports but one can offer a combination ...
standardmedia.co.ke/education/article/2001492680/secondary-schools-to-be-re-categorised-into-three
Oslo, Norway to Nairobi, Kenya for only €344 roundtrip: Cheap flights from Oslo, Norway to Nairobi, Kenya for only €344 roundtrip with Brussels Airlines.
secretflying.com/posts/oslo-norway-nairobi-kenya-e335-roundtrip/
Machogu: State to build 15,000 classes for Grade 9: According to CS Machogu, the ministry is making necessary preparations in readiness for Grade Nine ...
standardmedia.co.ke/education/article/2001493283/machogu-state-to-build-15000-classes-for-grade-9
Mwalimu Rachael: I am controversial, but for a reason: Rachel Muthoni (Mwalimu Rachel) is a radio presenter at Homeboyz Radio and an emcee.
nation.africa/kenya/life-and-style/mynetwork/mwalimu-rachael-i-am-controversial-but-for-a-reason-4585704
Orengo nominates new county public service board chairman: The position fell vacant following the demise of the former chairman Elijah Achoch last year.
standardmedia.co.ke/nyanza/article/2001493381/orengo-nominates-new-county-public-service-board-chairman
From Kibaki to Ruto: Scams that hit presidents in their first terms: The current administration has set an unprecedented pace of major scandals in under two ...
standardmedia.co.ke/politics/article/2001493139/from-kibaki-to-ruto-scams-that-hit-presidents-in-their-first-terms
Absa CEO: Why sustainability is next frontier in driving lenders' bottom lines
standardmedia.co.ke/financial-standard/article/2001492860/absa-ceo-why-sustainability-is-next-frontier-in-driving-lenders-bottom-lines
Sudan civil war: The children living between starvation and death in Darfur: Millions have fled Sudan's year-long civil war and hunger is now leading to the ...
bbc.com/news/world-africa-68788650
JUST IN: A helicopter carrying Kenya CDF Francis Ogolla crashes in Cheptulel, West Pokot.
However, there is no official status report on his status ... Show more #VisionUpdates
Human rights activists call for prudent use of climate funds: Activists have challenged Kisumu Governor Anyang Nyong'o's administration to ensure ...
standardmedia.co.ke/environment-climate/article/2001493471/human-rights-activists-call-for-prudent-use-of-climate-funds
Quick Glance: Scottish Government Abandons 'World-Leading' Climate Target
- The Scottish Government has abandoned its “world-leading” target of reducing greenhouse gas emissions by 75% by 2030.
- Ministers will bring forward legislation to ensure the climate change target “better reflects the reality of long-term climate policymaking”.
- Scotland will move away from legally binding annual targets to a five-yearly carbon budget approach.
- A new package of climate action measures was announced, including tripling the number of charging points for electric vehicles and exploring a new integrated ticketing system for public transport in Scotland.
I don't want Sakaja's job, says Sifuna: Nairobi Senator Edwin Sifuna says he has no ambitions of becoming the city’s governor in 2027.
standardmedia.co.ke/politics/article/2001493472/i-dont-want-sakajas-job-says-sifuna
Strike to hit private hospitals as Raila urges state to end standoff: Opposition leader Raila Odinga and a section of the clergy have urged the government to ...
standardmedia.co.ke/health/health-science/article/2001493019/strike-to-hit-private-hospitals-as-raila-urges-state-to-end-standoff
Official opening of Bunge Towers postponed to Thursday next week, to allow for mourning of fallen CDF Gen. Francis Ogolla ... Show more
Why MPs rejected Ruto order to have parents pay fees via e-Citizen: Bitok says the platform will automatically send the money to school accounts ...
standardmedia.co.ke/education/article/2001493349/why-mps-rejected-ruto-order-to-have-parents-pay-fees-via-e-citizen
CS Murkomen Bans Probox, Voxy From Operating As PSVs ntvkenya.co.ke/news/state-bans-probox-voxy-from-operating-as-psvs-again/
European cities to Nairobi, Kenya from only €417 roundtrip: Cheap flights from European cities to Nairobi, Kenya from only €417 roundtrip with Etihad Airways.
secretflying.com/posts/european-cities-to-nairobi-kenya-from-only-e399-roundtrip/
Budapest, Hungary to Nairobi, Kenya for only €386 roundtrip: Cheap flights from Budapest, Hungary to Nairobi, Kenya for only €386 roundtrip with Brussels ...
secretflying.com/posts/budapest-hungary-to-nairobi-kenya-for-only-e415-roundtrip
Shell, Aramco in final stage of Pavilion Energy talks- sources: Shell and Saudi Aramco , which are competing to buy the assets of Temasek-owned liquefied natural ...
reuters.com/markets/deals/shell-aramco-final-stage-pavilion-energy-talks-sources-2024-04-05/
How I jumped financial hurdles to build a thriving hospitality empire: Janet Chamia is the President of Skal International Kenya Coast and chair of the Kenya ...
standardmedia.co.ke/enterprise/article/2001492589/how-i-jumped-financial-hurdles-to-build-a-thriving-hospitality-empire
This episode of Situation Room explores the vital role the Kenya Pipeline Company (KPC) plays in Kenya's economic development. Our guest, Joe Sang ... Show more www.standardmedia.co.ke/podcast/podcasts/361/the-situation-room/episodes/1443/50-years-of-service-how-kpc-is-contributing-to-kenyas-economic-development #TheSituationRoom
Nike prepares to unveil Olympic kits amid sales challenges : Nike is getting ready to show off its new outfits for Olympic teams, like those from the US and ...
wionews.com/business-economy/nike-prepares-to-unveil-olympic-kits-amid-sales-challenges-710090
Quick Glance: Nike CEO Acknowledges Shift from Direct Sales Focus
- Nike CEO John Donahoe acknowledged that the company deviated too far from wholesale partners like Macy's and DSW in its pursuit of primarily selling products through its own stores and website.
- Over recent years, Nike has actively worked on restructuring its business model. Initially focused on selling sneakers and clothing in department stores and specialty shops, the brand now generates the majority of its revenue through direct-to-consumer sales.
- This transition enabled Nike to significantly increase revenue and enhance customer insights through data analysis. Donahoe stated that Nike has tripled its mobile and digital business in the past four years.
- Some analysts view Nike's avoidance of wholesale partners as a misstep that hindered the company's progress in innovation and product development.
Car prices to fall by at least Sh100k on the strong shilling: Prices of imported used cars are projected to drop by at least Sh100,000 from June.
nation.africa/kenya/business/prices-of-imported-used-cars-to-drop-on-strong-shilling--4577836
Why private varsities are in Sh31b debt crisis: Special audit uncovered overpayment of Sh17.7 million due to duplicated student records.
standardmedia.co.ke/education/article/2001493160/why-private-varsities-are-in-sh31b-debt-crisis
MPs want Nakhumicha sacked over Linda Mama programme: Women Members of Parliament are now calling on President William Ruto to sack Health Cabinet Secretary ...
standardmedia.co.ke/health/health-science/article/2001493345/mps-want-nakhumicha-sacked-over-linda-mama-programme
16 seconds to disaster: How two aircraft collided over city park: There was no evidence that physiological factors or incapacitation affected the performance of ...
standardmedia.co.ke/national/article/2001492937/16-seconds-to-disaster-how-two-aircraft-collided-over-city-park
Aramco awards $7.7 bln in contracts for Fadhili gas expansion: Saudi Aramco has awarded $7.7 billion in contracts to expand its Fadhili gas plant's processing ...
reuters.com/markets/commodities/aramco-awards-77-bln-contracts-fadhili-gas-expansion-2024-04-02/
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