Ministry of Information Permanent Secretary Bitange Ndemo has said that mobile interconnection rates will be cut from Ksh2.21 to Ksh1.60 per minute. The Communication Commission of Kenya meets in two weeks time to lower this rates. According to a July 2011 report by the Consumer Federation…

Kenya Electricity Transmission Company (Ketraco) has applied to Energy Regulatory Commission for a licence to transmit and supply electrical energy in bulk throughout the country through its transmission lines. This open access power transmission  system  is part of the Government’s plan to lower electricity…

2,900 unemployed Kenyans will benefit from IEBC’s voter registration jobs. The Independent Electoral and Bounderies Commission Announced 2,900 vacancies on July 16th 2012 for voter registration clerks, as the country gears to the March 4th 2013 elections. IEBC will require 2 biometric voter registration(BVR) clerks  in each 0f the 1450 county…

Here is a couple of things you are waking up to this morning 1. Co-op joins other banks in reducing interest rate Pesatalk 2.Analysts forecast drop in banks’ interest income Business Daily 3. The 10 Richest Women In Africa Ventures Africa 4. Commuters…

Co-operative Bank of Kenya has joined other lenders on the market to reduce their base lending rate. Co-op Bank has announced it will reduce its base lending rates by 1.5%, the same margin Central Bank of Kenya reduced it base lending rate…

At today’s NSE trading, the NSE 20-Share Index closed up 6.46 points (0.17 percent) to settle at 3,795.10 points from 3,788.64 points at the close of trading last week. Source: FILE HIGHEST VOLUMES For a fourth consecutive day at the NSE, Safaricom…

Internet and IT Solutions Provider AccessKenya Group has now connected 400 commercial buildings on its expanding metropolitan Fibre Network in Nairobi and Mombasa. This follows an expansion plan initiated at the onset of the year to meet rising demand for fibre connectivity among its corporate…

Luxury may mean excess, vulgarity and obscene waste; but it’s also a basic human instinct- Sally Feldman Luxury is a hard thing to understand, and only those who know the little pleasures it brings a man can tell you of its essentiality. However, for those standing on the outside, luxury…

Increased supply of maize from the south Rift region and Tanzania has led to a 3.7% drop in the cost of maize flour. A 2kg  packet which was going at Ksh120 is now Ksh116. In the wholesale trade, a 90Kg bag of maize which would cost Ksh3,800 is…

A report from Business Daily July 16th 2012 states that coffee prices at the Nairobi Coffee Exchange have dropped from a high of Ksh719 a kilogramme($8.679) in January 2011 to a low of Ksh246 ($2.976) in June 2012.  Trying to explain this, the Coffee Board of Kenya…