May 2017

Month: May 2017

A 200-million-shilling Pan-African Geothermal Center to be Set up in Nakuru

A 200-million-shilling Pan-African Geothermal Centre of Excellence training hub is set to be put up in Nakuru by the United Nations (UN)....

Internet Security Guidelines Launched Amid Increased Cyber Attacks

internet and communication technology (ict)

By Amina Faki The Internet Society in collaboration with the African Union Commission launched new Internet Infrastructure Security Guidelines for Africa during ...

Turnover at the Bourse Declines By 12.95 Percent As Shilling Continues to Weaken

The market turnover at the bourse declined by 12.95 percent to USD 4.8 million which was an equivalent of 492.1 ...

Households to Enjoy Dropped Milk Prices by Sh.10

Kenyan households are set to once more enjoy the reduction of milk prices starting Tuesday by 10 shillings.This comes along as ...

Nestlé Kenya commissions new Industrial Water Treatment Plant

Nestlé Kenya has commissioned a new Industrial Water Treatment Plant within its factory premises in Industrial Area, Nairobi. The Sh47 million plant ...

Housing Finance Records 73 Percent Drop in Net Profits

Housing Finance has recorded a drop profits after tax by 73 percent as they released their Quarter 1 financial results for 2017....

Commodity Prices in Kenya Among the Highest Across the Globe

By Amina Faki and Vera Shawiza Kenyans are going through a tough economic phase as they face numerous pressing problems that have ...

Central Bank of Kenya Retains the CBR at 10.0 Percent

The Monetary Policy Committee (MPC) has retained the Central Bank Rate (CBR) at 10.0 percent on the account that the overall ...

Barclays Bank Records 19.8 Percent Drop in EPS To KSH 0.32

Barclays Bank recorded a 19.8Percent y/y drop in 1Q17 EPS to 0.32 shillings.The bank’s Net Interest Income (NII) and ...

Selling Maize Flour Above Sh.90 to Attract 1 Million Fine

By Amina Faki, Following a publication of a gazette notice with legal backing for State control of sifted maize flour costs, retailers ...

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