Sep 03

Hawkers to be evicted from Muthurwa

More than 10,000 traders in Nairobi’s Muthurwa market fear losing their jobs after Kenya Railways gave them a notice to vacate. Speaking yesterday, the Muthurwa Traders Association chairman Nelson Githaiga Waithaka said more than 19 matatu saccos will also be denied access to the Muthurwa terminus. He asked the national government to intervene, saying there […]

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Sep 02

Mungiki returns as Githurai gangs target matatus

On December 23, 2019, a driver with Gikakuru Travellers Sacco was approached by a young man who demanded to know why his vehicle had excess passengers the previous day. The man was neither a police officer, a county government official nor a sacco supervisor. Before the driver could respond, the young man began raining blows […]

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Aug 31

Postal Corporation of Kenya (PCK) proposed new rates

The cost of sending letters locally and across East Africa will rise 30 percent under Postal Corporation of Kenya (PCK) proposed new rates as the agency seeks to ramp its dwindling revenues. Under the revised rates that must get approval from the Communications Authority of Kenya, sending a letter weighing up to 20 grammes will […]

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Aug 11

Why Kenya Supermarkets are collapsing

Let’s take a walk down memory lane. Ten years ago, three supermarkets Nakumatt, Uchumi and Tuskys were household names dominating the retail sector. Nakumatt and Uchumi specifically were formidable that they seemed too-big-too-fail from their expansive reach and penetration in the market within East Africa, also looking at the number of people the two had […]

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Aug 06

KRA has paid flower farms 7B in tax refund

Kenya Revenue Authority has paid flower farms  Sh7 billion in tax refunds, out of the Sh10 billion they demanded in April to keep them afloat, the Kenya Flower Council has confirmed. CEO Clement Tulezi said 80 per cent of the farms have reopened and re-hired workers who were laid off due to the Covid-19 related […]

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Aug 05

CA warn Kenyans to be aware of mombile wallets thieves

“Dear Customer, KCB M-Pesa soft loan is now available to all M-Pesa users. Send 555555 to 0101009601 to request a loan from Sh10,000 to Sh250,000 or call 0101009601.” “Dear customer your ATM card has been BLOCKED because you have not updated yet. If you want to keep using your ATM card, please call our number […]

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Aug 04

Intercontinental Hotel winds up its operations in Kenya

The InterContinental Hotel is considering winding up its local operations declaring its staff redundant in 45 days time. In a notice seen by Kenya News Today, the 389-bed hotel  sighted operational reasons for the plan which would end in the loss of all employment positions. “We hereby give you 45 days notice of the hotels […]

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Aug 03

Word Wide Web Appoint DR Catherine Adeya as the Director of Research

Welcoming Adeya, Adrian Lovett, the president and CEO of the foundation stted that she has demonstrated her prowess in understanding technology matters. “Dr Adeya has demonstrated throughout her career a deep understanding of the power of technology and the web to drive profound social change, rooted in robust and insightful research. “She knows firsthand that governments, […]

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Aug 03

Equity Bank recognized Globally

Equity Bank is among the top 1,000 best banks globally listed by the Financial Times Banker Magazine. The lender was ranked at position 754 out of 1,000 global banks, jumping 90 spots from last year’s position 844. Equity was also ranked position 62 on Capital Assets Ratio and Financial Soundness, which is an improvement of […]

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Aug 03

International flights resumes today in Somalia

Mogadishu. International flights have resumed in Somalia on Monday after a four and a half-month break. The federal government, led by the Caretaker Prime Minister Mahadi Mohamed Guled alias Khadar, issued a statement on Thursday permitting resumption of international travel that was banned in mid-March this year as part of measures to fight the spread of Covid-19. Somalia […]

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