by Melissa Oduor | Apr 14, 2020 | Uncategorized
Over Ksh.120 Million worth of Mobile Phones which were stolen while on transit from African Cargo at JKIA to Rolling Cargo Ltd warehouse in Eastleigh on Friday last week, have been recovered by detectives from the Directorate of Criminal Investigations (DCI). The...
by Melissa Oduor | Apr 14, 2020 | BUSINESS NEWS
Absa Bank Kenya PLC has announced the restructuring of customer loans amounting to over KES8.3 billion in the last two weeks. Absa says this is part of a bigger relief programme meant to help customers deal with the financial difficulties occasioned by the Covid-19...
by Melissa Oduor | Apr 14, 2020 | BUSINESS NEWS
Kenya Revenue Authority (KRA) has introduced online Alternative Dispute Resolution (ADR) sessions in a bid to safeguard taxpayers during the COVID-19 pandemic. The ADR sessions can now be held, uninterrupted through virtual facilities. The facilities bring together...
by Melissa Oduor | Apr 13, 2020 | news
11 Kenyans have tested positive for coronavirus, in the last 24 hours, with the countrywide tally for the pandemic now standing at 208. Giving the daily COVID 19 updates, Health Cabinet Secretary Mutahi Kagwe said the 6 males and 5 females are all Kenyans with a...
by Melissa Oduor | Apr 13, 2020 | BUSINESS NEWS
Photo courtesy The Kenya Union of Commercial Food and Allied workers has urged thegovernment to protect workers in the country from unlawful sacking.Union secretary Abdulahi Kiptanui says some companies are now usingthe COVID-19 pandemic to lay off workers without...
by Melissa Oduor | Apr 13, 2020 | BUSINESS NEWS
Centum Foundation has embarked on plans to connect 10,000 residents of Githogoro settlement with clean water and provide food hampers to over 3,000 needy families whose livelihoods have been affected by the coronavirus pandemic. The food hampers, packaged to last the...
by Melissa Oduor | Apr 10, 2020 | BUSINESS NEWS
The Board of Directors of UAP Holdings PLC today announced that Peter Mwangi, the CEO of its Nairobi-publicly trading Group has resigned to pursue new interests, with effect from 14th April . Mwangi, who has led the East African business for five years, will be...
by Melissa Oduor | Apr 9, 2020 | BUSINESS NEWS
Safaricom has today extended its partnership with public transport sector players to facilitate cashless payments through M-PESA in the ongoing battle to combat the spread of the Coronavirus. The partnership will see crew from all matatus that terminate at the OTC...
by Melissa Oduor | Apr 9, 2020 | BUSINESS NEWS
The Central Bank of Kenya has suspended Absa Bank Kenya’s foreign exchange license for seven days. This is after the bank failed to report specific foreign exchange trades it conducted in March 2020. In a statement today, CBK governor Dr. Patrick Njoroge said in...
by Melissa Oduor | Apr 9, 2020 | BUSINESS NEWS
Dr Peter Kamunyo Gathege has been appointed the news National Social Insurance Fund (NHIF) Chief Executive Officer. According to the NHIF Board, Dr. Gathege’s appointment takes effect on April 14. following a competitive recruitment process. Dr. Gathege takes over...
