Wednesday, January 23, 2019

Parliament’s move that gave banks half piece of the cake

Banks bargained for the whole cake — to have a free hand in pricing loans and also deciding on how much to give customers...

Stakeholders seek delay in coffee rules

New coffee regulations will not be operational this year following a request by those who pleaded to be given one year to prepare for...

How Kenya plans to gain from direct flights to US

The government will roll out a programme to market agriculture produce as part of an initiative to make the most from the maiden Kenya...

Sh10bn a year currency print tender goes to Supreme Court

The Sh10 billion-a-year tender for printing new look currency is now headed to the Supreme Court after activist Okiya Omtatah challenged the Court of...

Textile companies fight EPZ local sale

A turf war has erupted among textile manufacturers barely two months after the Treasury granted extension allowing the sale of subsidised fabric in the...

Sugar imports drop on swoop

Sugar imports fell to a multi-year low in the nine months ended September as traders shied away from shipping in the commodity following increased...

Cash hitch dims hope for rapid bus transport system

The much-hyped Nairobi Bus Rapid Transit System (BRT) project appears to have gone cold with no budgetary allocation to develop accompanying infrastructure. The deafening silence...

Start-up’s model to offer low-cost cooking gas for use in city...

After a few turns on narrow paths down Mukuru kwa Njenga slums in Nairobi, we find Felister Mbithe outside her twin-room tin house. Felister is...

Italian clothing giant opens factory in Ethiopia’s Tigray region

An Italian clothing manufacturer has opened its first factory in Ethiopia’s northern Tigray regional state. The factory located in the regional capital Mekelle is Calzedonia’s...

Trade, migration bring life to Ethiopia-Eritrea border

For twenty years, only soldiers, refugees or rebels had ventured to the border between the enemy brothers of the Horn of Africa, Ethiopia and...