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About Bizna SME Awards The SME Awards is an awards program that identifies, showcases and celebrates successful Kenyan SMEs. Nominations opened on Sunday, February 15, and closed on Sunday, March 31. READ ALSO: How to vote for your favorite nominee in SME Awards 2019 Nominees should make a passionate appeal
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Close to a third of foreign investment in Kenya in 2017 came from Europe, with the UK leading the pack, a new report has shown. Surprisingly, China - Kenya’s largest bilateral lender and main source of imports - had a negligible share at 0.8 per cent, having invested
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Eighteen more suspects were yesterday arraigned over tax evasion allegations. State prosecutor Duncan Ondimu asked Magistrate Paul Mayova to detain the suspects for 21 days to give detectives more time to conclude their investigation. The suspects included Lynne Chepkemboi, Nicholas Omondi, James Mathanga, John Okore, Dianah Walegwa and Susan Joan.
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Kenya Ports Authority (KPA) has effected major changes affecting 16 senior officers who have either been demoted, transferred or promoted. Among departments hit by the purge were the procurement and supplies, and security. Head of procurement Anthony Nyamancha was transferred to Uganda as KPA's head of liaison markets.
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Another bond trader has been fined Sh208 million by the Capital Markets Authority (CMA) for insider trading of State-issued bonds. Rodrick Muhoro was yesterday fined for his role in the bond rigging scheme that involved the use of sensitive information to buy bonds when anticipating an order from the Government.
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Kenyan agricultural innovators are among the three African winners of the prestigious 2019 ASME Innovation Showcase (ISHOW) that was held on May 9 in Nairobi. The American Society of Mechanical Engineers (ASME) has named three socially minded hardware inventors from Africa as regional grand prizewinners. Percy Lemtukei and Emmastella Gakuo
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If you have lodged a claim with Sanlam Insurance, you may have to wait a little bit longer to get your money, as the firm seeks to weed out fraudulent claims. Sanlam Kenya Chairman John Simba yesterday said the insurer had introduced strict vetting processes to nab fraudsters. This, he
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I Choose Life (ICL) has unveiled a program that seeks to empower the youth to deal with challenges facing them, including unemployment. The programme is dubbed ‘One million youth empowerment challenge’. The initiative, branded as SEALS programme, was launched during a mentorship event held at the University of Nairobi (UoN)
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Daniel Mainye is an accomplished software engineer and an expert in the digital space and technology. He is the Business Manager at Cytonn Investments and vice curator in Global Shapers, a world Forum Initiative mandated with shaping Nairobi into an attractive investment destination and residential environment. He also serves as
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When in 2005 16 young men and women from Kanyuambora area of Embu County came together to help the less fortunate in the society, a brick project was never on their minds. But last year, as they sought ways to generate an income, they got into making interlocking bricks. With
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Housing Finance Group (HF) yesterday handed over its Sh1.9 billion development project, christened Richland Pointe to buyers. Launched in 2017, the development located along Kamiti Road off Thika Super Highway consists of 248 two- and three-bedroom apartments selling for between Sh8.5 million and Sh9.5 million. It was
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Companies Kenya Meat Commission’s 9-month sales at Sh127m Wednesday, May 15, 2019 21:58 By LYNET IGADWAH Cash-strapped Kenya Meat Commission (KMC) sold products worth Sh127.5 million in the nine months ended March as it continues to operate below capacity. The government-owned meat processor is grappling with an