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Pakistan bank Al-Habib to open a representative office in Kenya

The Central Bank of Kenya (CBK) has granted authority to Bank Al-Habib Ltd of Pakistan (BAHLP) to open a Representative Office in Kenya by the name BAHL –Representative Office. The name to be used by the Kenyan Representative Office is different from that of the parent in order to distinguish …

Kenya Power to enhance partnership with KAM to lower manufacturers’ energy costs

Kenya Power has renewed its commitment to partner with the Kenya Association of Manufacturers (KAM) to carry out regular energy audits among manufacturers to maximize production efficiency. The move is meant to encourage the growth of the manufacturing sector by lowering the cost of manufacturing which is expected to reduce …

Munir Ahmed

From the corner office to jail

Former National Bank of Kenya bosses may land in jail after market regulator recommended that the Director of Public Prosecutions charge them in court. Former Head of Treasury Solomon Alubala was particularly caught with his hand in the cookie jar and has been fined a whopping Sh104 million one of …

Kenya Power cracks down on illegal connections in Tassia Estate

Kenya Power has disconnected electricity supply to more than 20 flats in Nairobi’s Tassia Estate in an operation aimed at stamping out illegal electricity connections. The crackdown was carried out by a team comprising of the Company’s security personnel, revenue protection unit staff, and the police. It is one of …

Facebook’s boss finally speaks on the data harvesting scandal

In a lengthy Facebook post on Wednesday, the Facebook CEO Mark Zuckerberg has apologised and says he’s ready to testify before Congress. Zuckerberg said the company had a responsibility to protect  data, and if it can’t then it doesn’t deserve to serve you. “The good news is that the most important actions …

President Uhuru sends names of new government nominees to the National Assembly

President Uhuru Kenyatta has sent to the National Assembly the nomination for vetting and approval of Justice Paul Kihara Kariuki as Attorney General; and Noordin Mohamed Haji as Director of Public Prosecutions. The President has also nominated the following Principal Secretaries; Harry Kimutai (Livestock); Alfred Cheruiyot as (Correctional Services); Prof …

19th EDITION OF SAFARICOM MARATHON IN LEWA LAUNCHED

Safaricom, Tusk Trust, and Lewa Wildlife Conservancy have today launched the 19th edition of the Safaricom Marathon in Lewa. The annual event is held to raise funds for wildlife conservation and community development, with up to 13,000 runners from all over the world have taken part in the race since inception. Over …

Lean times for East Africa Secretariat

The Arusha based EAC offices may be bracing for a tougher time after heads of state agreed to cut spending. The 19th Ordinary Summit of the East African Community Heads of State in Kampala concluded with a decision to cut jobs and restructure the secretariat for it to be leaner …