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Tuju

Debtor wants Tuju jailed for defying court orders

East African Development Bank (EADB) through its lawyer Senior Counsel Fred Ojiambo wants Jubilee Secretary-General Raphel Tuju confined to civil jail for frequently disobeying court orders in an ongoing Ksh 1.6 Billion debt row. The Senior Counsel claimed that the rate at which Mr. Tuju was blatantly disregarding court orders was solid evidence that the Jubilee party Secretary-General does not place great value on...
Actemra

Kenya to participate in a global clinical trial of a promising COVID-19 drug

In a study directly approved by the Ministry of health, global biotech giant Roche Pharmaceuticals will today begin clinical trials of Actemra (tocilizumab) - its drug that has demonstrated promising results on patients with severe COVID-19 illness. The study dubbed EMPACTA - will test the effectiveness of Actemra (tocilizumab) on patients with moderate disease. Kenyan patients who meet the study criteria will be...
Women

Girl power: One small step for women entrepreneurs

Great business ideas are just as likely to be conceived at the kitchen table as in a bar with the boys. But sadly, compared to men, only a handful of women-owned ventures reach their full potential; thanks to inequalities ranging from institutional barriers hindering prospects for women and limited credit opportunities compared to their male counterparts.   ...
Coronavirus Pandemic

As the pandemic gathers pace, philanthropy is shining a ray of hope

Gauging how badly the coronavirus has damaged the economy is tricky. Its fury has resulted in deaths, devastated markets and government budgets, and led to massive unemployment.  The country is now adding over 400 cases per day. These numbers are alarming because they are grave underestimates considering that developing countries like Kenya tend to conduct fewer tests than most developed nations. 
Jambojet

Airlines are back in business after a 3-month hiatus

Few industries were harder hit by the raging coronavirus pandemic than air travel. Government-imposed travel bans meant that passenger numbers nosedived and with them; airline revenues. This may have far-reaching effects beyond halted business trips or cancelled holiday bookings. But the good news is that recovery has started and carriers are working the controls to regain their old cruising altitude. Low-cost carrier Jambojet, for instance,...
Huawei 5G

It may not happen overnight, but 5G is ready for take-off

Everyday technologies can seem like magic until you look back and see that they are just the product of many years of research and problem-solving. 5G – the next generation of wireless technology is one of such. Imagine a world where your calls never drop, your videos never buffer. Imagine if a 5G enabled camera was strapped on a wildebeest, surrounded by thousands of...

INSIGHTS

MARKETS

Express Kenya set to exit NSE in July

Express Kenya may be out of the bourse by July 17 its shareholders agreed to delist it and offer controlling stake to CEO Hector Diniz. The logistics...

Eyes on Equity as bourse sets sight on earnings announcement

Results announcement shaped the NSE bourse leaders as Kenya Commercial Bank (KCB Sh50.50) joins Safaricom (SCOM Sh28.50) in releasing profits. Equity Bank (EQTY Sh50.00) which...

BUSINESS AND MONEY

Huawei

Chinese tech giant to hire a more local workforce

Chinese multinational corporation Huawei says that it is actively seeking to recruit the best local talent there is. The...
Prostate Cancer

Aga Khan hospital unveils region’s most advanced prostate cancer scan

The Aga Khan University Hospital - Nairobi has commissioned the Prostate Cancer PET-CT scan, the most advanced scan for patients with prostate...

JOBS

Child Fund is looking for a Human Resource and Administration Director

Responsible for providing strategic direction and leadership to the human resources, procurement, information technology, and administrative functions of the national office.  QUALIFICATIONS/EXPERIENCE 10 years’ experience. ...

Why Kenyan Banks are less profitable

Despite top-tier banks reporting impressive results at the first quarter, the sector saw a decrease in return on assets from 2.67 percent to 2.62...

Stanbic Bank to launch foundation

Stanbic Bank Kenya is set to establish a foundation to consolidate and champion its corporate social investments across the country. This follows shareholder approval for...

OTHER NEWS

Market turnover surges to Sh1.9billion during Tuesday trading

Daily market report: February 6, 2018 Equities Equities were boosted by the sale of Safaricom shares during Tuesday trading. The turnover surged Sh1.9billion from the previous...

How IoT is revolutionizing agribusiness in kenya

Who would have thought that one day; tethering rocks to a chip-sensor to measure temperature, planting a chip inside cattle’s horns to track their...

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