Standard Chartered Bank Chairman Steps Down
Standard Chartered Bank has announced today that its Chairman, Wilfred Kiboro, has stepped down from serving as the bank's board chairman
More People Installing Residential Recycling Plants
Nairobi has a sewer network of about 163 km which covers just 25% of the 700 km2 city area. This leaves the infrastructure strained prompting the need to find alternative solutions; like the Dayliff system.
Tullow Says Twiga-1 Could have Oil
Tullow Oil has announced that it has encountered Oil in the Twiga South Oil rig although it has not made disclosures on the amount, depth and commercial viability of the oil. This comes months after it hit oil at Ngamia -1 well in Turkana.
Samsung Launches Galaxy Note II in Kenya
Samsung Electronics Co., Ltd has officially launched the new Samsung Galaxy Note II Smart phone in the Kenyan market. Samsung, which is also the world’s leading smartphone vendor, has confirmed the launch of the Galaxy Note II smartphone as part of a strategic commitment to…
Housing Finance Q3 Profits Drop 2.7%
Housing Finance has reported an after tax profit of KES 396 million in the 3rd quarter of 2012 through a difficult trading business environment the banking sector has been experiencing. Profits dropped marginally by 2.7 % compared to the previous year when it posted KES…
I Am Dot Net, the KES 700 Domain
For KES 700, “I am Dot Net” comes with an offer to own a .net domain plus 1GB hosting for a whole year, two free email accounts and a free website builder. This is ideal for small online businesses.
NIC Bank Scoops Overall Financial Reporting Award
NIC Bank was named the overall winner of the 11th edition of the Financial Reporting (FIRe) Awards at a ceremony held at Safari Park Hotel on Friday.
Inside Britam: Britam Asset Managers
As we wind down the week we look at BAM, Britam Asset Managers, the fund manager that brought the state of the art Investement and Fund Management System - The Advent Office.
Company Directors' Salaries Could Soon Be Public
Salaries for company directors will soon be made public following the ongoing review of the Code of Corporate Governance for public companies in Kenya. In an interview with the Nation during a corporate governance and financial reporting (Fire) award conference at the Safari Park Hotel in Nairobi on Thursday, Centre…
Finance Minister says Interest Rates are Too High
Finance Minister Njeru Githae has expressed concerns over high interest rates the market is experiencing currently. Githae noted that although The Central Bank of Kenya has cut the base lending rate to 13% currently from 18% in June, commercial banks still have their rates higher…
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