The Energy Regulatory Commission (ERC) will not regulate gas prices after all. In an earlier announcement, ERC said it was contemplating  regulation of Liquid Petroleum Gas(LPG) prices after the handling and storage facility under construction in Mombasa is complete. The commission projected that the move would result to the drop…

In 2007, China executed a former director of its food and drug agency for approving fake medicine in exchange for cash. This move was at the time when the far Eastern economic giant was preparing to host the 2008 Summer Olympics in Beijing. A local newspaper last weekend carried a…

National Carrier Kenya Airways in a bid to stay ahead of competition on certain African routes has offered its passengers from Dubai to several African destinations a 10% discount on the air ticket. The airline will be charging 10% off on all tickets from Dubai to Nairobi,…

After announcing that it will be lowering its lending rates to 22% from 24%, Kenya Commercial Bank through its mortgage division S&L will be dropping the mortgage rates too, effective June 1st. During Kenya Commercial Bank’s Annual General Meeting on Friday 18th, group chief executive Martin Oduor-Otieno said the Bank…

Samsung Electronics East Africa, has unveiled a mobile device designed to introduce millions of Kenyans to the wide variety of Smartphone applications. In a strategic market development effort, Samsung electronics has introduced the Samsung Galaxy Pocket handset which is designed to provide a platform for more than 8…

When mobile money transfer started taking shape in the country, users did not visualize the revolution that would come with it terms of convenience, speed and ease of doing things. Apart from sending and receiving money, the mobile phone was put to use in accessing bank accounts, pay bills and…

Samsung Electronics (East Africa) will tomorrow morning officially unveil into the local market the new Samsung Galaxy Pocket handset. The new handset developed by Samsung is geared at boosting internet penetration in emerging markets by availing for sale affordably priced, fully loaded Smartphone handsets.

About 1,000 car owners in the country will soon be required to pay taxes or have their vehicles impounded by the tax authority for having evaded the tax system. In a statement to Nation, Kenya Revenue Authority Officials said that the vehicles passed through a faulty system when the authority…

Motorists queue for fuel at a petrol station. (Image: Capital FM) Ever since energy industry regulator Energy Regulatory Commission (ERC) took over price controls for fuel, the essential commodity has been on the high end of the cost list. On May 14th, the regulator increased the…

  A Kenya Airways Boeing 777-200ER. The airline has plans to increase its fleet for local and international operation. (Image: Aviationmecanicinfo.com) The national Carrier Kenya Airways is set to increase the up take of air travel when it opens its new projected routes around the country…