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Monday, November 28, 2022
Liaison Group

Supply Chain professionals urged to uphold ethics and integrity

Adherence to strong ethics and governance practices is critical in the creation of resilient supply chain structures that can withstand global crises and deliver on set goals. This was revealed during a stakeholder engagement forum for Supply Chain professionals in Kenya that organized by the financial services firm Liaison Group. It also emerged that weak links within the system are always...
KPA

KPA set for an overhaul as revamp of Coast economy intensifies

Kenya’s new leadership is on a quest to discard the seemingly counterproductive economic policies rolled out by the previous administration targeting the Coast as it sets the stage for the growth under Kenya Kwanza manifesto. The former regime’s decision to put up inland container depots in Nairobi and Naivasha, taking away operations from the Port of Mombasa brought grave economic detriment to the coastal...
Food

Access and availability of fertilizers in Africa: Difference between plenty and starvation

The world’s population is expected to increase to nine billion by 2050, which means the demand for food is expected to increase by 70 percent. In Africa, growth models project the continent’s current population of about 1.3 billion people will nearly double to 2.5 billion by 2050—and it’s likely to keep growing beyond that. These trends mean that market demand for...
EABL PLC

EABL turns to agri-waste as biomass fuel in the race for net-zero carbon emissions

East African Breweries Ltd (EABL) will use macadamia shells, coffee and rice husks as well as sugarcane bagasse to power its biomass plants in Kenya and Uganda as the beer maker edges closer to dumping the use of heavy fuels in its manufacturing process. The Nairobi Securities Listed company has set a target of cutting carbon emissions by up to 95 percent or roughly...
Kenya South Korea

In Seoul, Ruto lobbies for better Kenya-South Korea trade ties, jobs for Kenyans

President William Ruto has lobbied authorities in South Korea to ease the rather restrictive duties levied on Kenyan exports by the East Asian country as Nairobi seeks to increase the volume of shipments to the far East. Kenya’s Head of State urged the host country’s Parliament to review the existing trade framework between the two countries, which he said, tilts the scales in favor...
Family Bank

Family Bank’s third-quarter profit crosses Sh3 billion on higher loan uptake

Family Bank’s net income for the first nine months of the year hit Kes3.3 billion, a 34 percent improvement from Kes2.5 billion earned in the same period last year. Higher demand for credit spurred a rally in the bank’s interest income, which went up by Kes1.7 billion to close the third quarter at Kes9.5 billion, up from Kes7.8 billion realized in a comparable period...

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BUSINESS AND MONEY

Irrigation

Afreximbank readies Sh360 billion for Kenya’s irrigation, housing and MSMEs

Kenya is set to benefit from a $3 billion (about Kes366 billion) financing from the African Export-Import Bank (Afreximbank) to accelerate the...
Safaricom-Daima

Safaricom’s Daima will help clean dormant accounts’ data

Nearly 1 million mobile money accounts went dormant by December 2021 according to the Central Bank of Kenya, CBK...

JOBS

In Kisii, SMEs find partners to aid recovery and spur growth

To meet the challenges posed by the pandemic, small and micro enterprises (SMEs) in Kenya and around the world had to respond...

KPA vacates order demanding mandatory use of SGR by importers

Importers are now free to choose the mode of transporting their cargo from the Port of Mombasa, a departure from an earlier...

Blue Band blossoms into healthier plant-based spreads under new owner Upfield

Ask anyone off the street in Nairobi and they'll tell you that Blue Band is a household name not only in Kenya...

Remembering the man, Bob Collymore

It was the morning of November 1st, 2010 that would seal Kenya’s most watched corporate transition. After close to ten years at the helm...

OTHER NEWS

Curtains for the EPL season: who will be crowned champions?

The English premier league (EPL) 2018/19 season comes to a close this evening at five pm Kenyan time. Manchester City has 95 points, one...

Artistes turn heat on each other over Ruto meeting

A forum organized at the weekend by a section of Kenyan artistes to meet with Deputy President William Ruto to address the...

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