British- American Investments makes a remarkable turnaround in its performance today. It has greatly improved from the worst performing share to the best performing share as the market came to a close today. Britam ended the day at KES 22.25 having gained 9.88% (KES 2.00) in its share price. Umeme…
1. 8 Presidential Aspirants So Far Cleared by IEBC It is now official — Kenyans will have eight names from which to pick their fourth President on March 4. This follows the clearance Wednesday by the national electoral body of more candidates, including Mr…
Miraa (Khat) farmers and traders have a reason to feel relieved now after the United Kingdom Advisory Council on the misuse of drugs rejected requests to ban importation of Miraa in the UK. The UK council found out that there was no evidence that Miraa had any health effects as the Dutch parliamentarians had earlier said.
Hemingways, one of the Kenya’s hospitality chains is set to open up a new branch in Nairobi. The 45 all en suite development will be located in Karen and is due to be unveiled sometime in March 2013.
Nairobi could be Africa’s leading country when it comes to technology. According to Google Chairman Eric Schmidt, the green city in the sun carries great investment potential and is therefore ripe for the plucking.
The Ole Pejeta Conservancy has just raised KES 6.6 million to buy a UAV Drone in a bid to combat poaching in some parts of the country. The award-winning sanctuary (Conservancy of the Year, 2012) has announced that, starting March, 2013, they will deploy a drone that will be able to cover 90,000 acres of land within the conservancy.
The Kenya National Union of Teachers (KNUT) is demanding for payment and Kenya seeks payment for its military contribution to the AU mission in Somalia. All this and more on "8 Things You Should Know This Morning".
Cash inflows from abroad have grown 31.4% from USD 891.1 million in 2011 to USD 1.2 billionin the full year of 2012. In the month of December 2012, remittances to Kenya grew by 24% and 8.4% to USD 105.7 million compared to USD 85.2 million and USD 97.5 million recorded in December 2011 and November, 2012 respectively.
Kenya Airways targets increasing its fleet to 119 by 2021; while growing the number of destinations to over 115 from the over 50 that it currently flies to.