by Hope Media | Feb 15, 2017 | BUSINESS NEWS
The energy regulator has signalled more pain at the pump as it announced that petrol is up by Sh4.26 a litre to Sh100.27 in Nairobi in its latest review. Diesel is also up Sh5.03 a litre to Sh89.26 while kerosene is up Sh3.75 to Sh67.19 a litre, the Energy Regulatory...
by Hope Media | Feb 8, 2017 | BUSINESS NEWS
Top tier banks are optimistic of a smoother 2017 despite the turbulence that rocked the sector in 2016. This is after a poor performance on their loan books last year which was worsened by the implementation of the interest rate cap in September 2016, slowing credit...
by Hope Media | Feb 7, 2017 | BUSINESS NEWS
The Sh6.42 billion power project for rural areas will begin this month, the Rural Electrification Authority has said. REA is targeting 16 counties where 591 public facilities and 35,460 households will be connected. The project is funded by a $63.465 million (Sh6.42...
by Hope Media | Feb 7, 2017 | BUSINESS NEWS, news
The Industry and Trade Ministry has proposed a ban on the importation of second hand cars into the country. Cabinet Secretary Adan Mohamed says this is part of a renewed push to attract more investment in the vehicle industry, which has underperformed for decades amid...
by Hope Media | Feb 7, 2017 | BUSINESS NEWS, news
Qatar Airways has launched its new record-breaking Auckland service, which takes 17 hours and 30 minutes and covers a distance of 14,535 kilometres. The first Qatar Airways flight touched down on the North Island of New Zealand, just after sunrise – marking a new...
by Hope Media | Feb 2, 2017 | BUSINESS NEWS
Kenya had the highest number of mega infrastructure projects in East Africa in 2016, Deloitte has said, noting it helped the country to maintain its lead as the regional powerhouse. There were 11 ongoing projects valued at $7.01 billion (Sh727.98 billion) in the...
