Cereals board seeks agents to buy beans, rice in food security drive
The National Cereals and Produce Board (NCPB) will start buying rice and beans, beginning with 15,000 bags at the end of this month. In a notice published this week, NCPB said it wi…...
Read More Transmara Sugar plans Sh4.7 billion electricity plant
Transmara Sugar Company plans to produce 25 megawatt (MW) of electricity at its Kilgoris factory for which it is negotiating approval to generate and supply with regulators. The mil…...
Read More Free cash transfers to cost Safaricom Sh5.5bn
Safaricom will take a Sh5.5 billion hit on its M-Pesa revenue in the three months from mid-March after it waived transaction fees on mobile money transfers under Sh1,000. The waiver…...
Read More County uses tech to feed vulnerable families
The county government has turned to technology in distribution of foodstuffs and other donations to vulnerable families impacted by coronavirus restrictions. Instead of delivering t…...
Read More Sisal earnings jump 27pc in first quarter
Earnings from sisal grew 27 percent in the first quarter of the year compared with corresponding period of 2019 even as the regulator projects a decline in the next review owing to …...
Read More US telecoms firm earns Sh2.8bn from leasing masts to Airtel, Telkom Kenya
The American Tower Corporation (ATC) earned Sh2.8 billion ($27.3 million) last year for leasing telecommunications infrastructure to firms such as Airtel Kenya. Its revenues jumped …...
Read More Huawei posts 5.6 percent rise in 2019 profit, smallest increase in 3 years
China’s Huawei Technologies reported its smallest annual profit increase in three years, hurt by weak overseas sales amid an intensifying US campaign to restrict its global expansi…...
Read More How adoption of technology can give much-needed boost to insurance
The market’s current mood of uncertainty and powerful, disruptive, global forces of change could inspire a wide range of responses, from reticence to optimism.That is why the futur…...
Read More Why cyber security threats will rise with remote work
Working from home, social distancing and self-isolation are some of the new buzz phrases that have arisen with the advent of the Coronavirus disease pandemic.One of the earliest ste…...
Read More SMEs can survive Covid-19 crisis with these steps
Small and medium businesses enterprises (SMEs) are suffering loss of revenue and trying to weather the Covid-19 pandemic. This is a huge financial blow that will be worse than 2007/…...
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