Kambi accused of defying court order in NSSF board row

Labour secretary Kazungu Kambi is on the spot for defying a court order to reinstate two labour union and employer representatives to the National Social Security Fund (NSSF) board of trustees. [...]

Tender winners for 2,000km road projects to be announced this week

The Government will this week announce prequalifed winners of the tenders to develop 2,000 kilometres of road under a new programme. The initiative involves a programme where the State sources for funds on behalf of contractors who are then paid after completion of the agreed work. [...]

D-Day for Kenyan viewers as Supreme Court rules on digital migration

Television viewers will today know whether they will continue watching their favourite programmes when the Supreme Court delivers a landmark ruling on digital migration. [...]

Kenya diaspora cash jumps 20pc in August

The amount of hard currency sent into Kenya by its citizens living abroad, known as remittances, jumped 20.34 per cent in August from the same month last year, Central Bank said on Friday. Like other African economies, Kenya sees funds sent home for various reasons like support for relatives, as a vital source of foreign exchange, supplementing export earnings and helping to support the shilling. [...]

Bourse launches new trading platform for bonds

Nairobi Securities Exchange launched on Friday a new system for trading corporate and government bonds that will enable the trading of bonds issued in foreign currencies. The 60-year-old exchange, which listed its own shares earlier this month, plans to use the funds raised from that sale to offer more products including trading of futures. [...]