1. KCB Bank Appoints Oigara as New CEO

KCB Bank Group has appointed Joshua Nyamweya Oigara as the new CEO taking over from Martin Oduor-Otieno. Otieno retires in April 2013. Oigara is the current Chief Finance Officer at KCB.

2. Retired Teachers Expose Taxpayer to KES 123bn Debt

Treasury has warned that it will cost the taxpayer a whooping KES123 billion should teachers who retired between 2003 to 2006 move to court to seek a pension review similar to that awarded to those who retired earlier.

3. Aga Khan Trust Signs KES 1.7 bn Deal with State For City Park’s Facelift

Nairobi’s City Park is set for rehabilitation at a cost of over $20 million (KES 1.7 billion) following the signing of a deal between the Aga Khan Trust for Culture (AKTC) and the government.

4. Stanbic Joins Fight for High-Net Worth Customers

CFC Stanbic Bank launches a service targeting customers willing to deposit more than KES 85 million in their accounts. Well, I doubt some of us are the target clients, but, find out!

5. Cane Farmers Oppose ‘Harsh’ Terms for Loans

Sugarcane growers are up in arms over “harsh” conditions the Agricultural Finance Corporation (AFC) wants them to meet before they can borrow money.

6. Unilever  Rides Consumer Welfare  to Make Money

Consumer goods manufacturer Unilever is banking on the success of an internal sustainable programme to double its business.

A progress report for Unilever East and Southern Africa shows major gains three years since it started rolling out the Unilever Sustainable Living Plan (USLP), a blueprint for a new way of doing business that balances between profit and consumer welfare and environmental impact.

7.  Inflation seen close to bottom in November

Kenya's inflation rate is expected to edge down this month but it may be close to bottoming out after an 11-month dive that has allowed the Central Bank to slash the base lending rate from 18% to the current 11%.

8. Embraer Says its Jets Are a Good Fit for Africa

The delivery of its 900th plane was a milestone for Brazilian aircraft manufacturer Embraer and it marked the occasion with pomp at the Kenya Airways hangar two weeks ago. Kenya Airways received the 900th E-Jet ever made.