Category: Business News

October 14, 2019 0

Equity recognized globally for SME financing

By mykenyancareers

NAIROBI, Kenya, Oct 14 – Equity has won the Global SME Finance Award in the Platinum Category of SME Bank of the Year – Africa, at the Prestigious IFC Global SME Finance Awards, held in the Netherlands. The award is organized by International Finance Corporation (IFC), a member of the World Bank Group, and the … Continue reading “Equity recognized globally for SME financing”

October 14, 2019 0

Petrol, Diesel prices drop to offer motorists reprieve as kerosene price soars

By mykenyancareers

NAIROBI, Kenya, Oct 14 – The prices of super petrol and diesel have dropped by Sh4.76 and Sh1.08 respectively, according to the latest review by Energy and Petroleum Regulatory Authority (EPRA). In its Monday afternoon statement, EPRA reduced the maximum price of Super petrol to Sh108.05, while that of diesel will be Sh101.96. The new … Continue reading “Petrol, Diesel prices drop to offer motorists reprieve as kerosene price soars”

October 14, 2019 0

Bolt appoints new GM to head its regional business

By mykenyancareers

NAIROBI, Kenya, Oct 14 – On-demand transportation platform Bolt has announced the appointment of Kenneth Micah as the Regional Manager for East Africa.  In a statement, the company’s Expansion Manager for Africa, Karl Aru, describes Micah as a multilateral professional with experience in strategy design and execution. “We’re really fortunate to have a leader of … Continue reading “Bolt appoints new GM to head its regional business”

October 14, 2019 0

NSE commissions New Equities trading platform

By mykenyancareers

NAIROBI, Kenya, Oct 14 – The Nairobi Securities Exchange has commissioned a new equities trading system following approval by the Capital Markets Authority on 8 October 2019. The new equities trading platform is provided by LSEG Technology – part of the London Stock Exchange Group. The system, which has come along with significant changes to … Continue reading “NSE commissions New Equities trading platform”

October 14, 2019 0

HF Group retires 3 billion shillings corporate bond

By mykenyancareers

NAIROBI, Kenya, Oct 14 – HF Group PLC has announced the redemption of its Sh3 billion corporate bond which matured on October 14, 2019. The Medium-Term Note was issued in 2012 with a 7-year tenor at a coupon of 13 percent. ‘’We are pleased to announce the full redemption of tranche II of the seven-year Medium Term … Continue reading “HF Group retires 3 billion shillings corporate bond”

October 14, 2019 0

How Much I Make per Day Selling Smokies and Boiled Eggs

By mykenyancareers

By Paul Kariuki, 32 years old. I have been in different lines of employment and self-employment with the former being a stint in a slaughterhouse before moving on own to hawk a variety of fast moving goods like confectioneries at matatu termini in Nakuru town. Along the process, a friend and I decided to combine […]

Ⓒ 2019 Nairobi Wire

October 14, 2019 0

Things to Know About Waithera Gaitho, Alternatives Africa Founder

By mykenyancareers

Waithera Gaitho is the Founder and Executive Director at Alternatives Africa, an accelerator for youth-owned micro and small enterprises. She shared with Sunday Magazine a day in her life as a career woman and a mother. ********************************* A new day is nature’s own energiser. It’s fresh with opportunity and always depicts another chance.  I usually wake […]

Ⓒ 2019 Nairobi Wire

October 12, 2019 0

DTB joins Mastercard and DPO Group to extend digital payments in Kenya and Tanzania

By mykenyancareers

NAIROBI, Kenya, Oct 12 –  Diamond Trust Bank (DTB), the East African banking group, has joined African payment services provider DPO Group, and Mastercard, the global payments technology company, in the rollout of a business to business (B2B) virtual payment card in Kenya and Tanzania. The DPO Virtual Card will improve the reach and ability … Continue reading “DTB joins Mastercard and DPO Group to extend digital payments in Kenya and Tanzania”

October 11, 2019 0

National Irrigation Board to expand Ahero Irrigation Scheme in Kisumu

By mykenyancareers

NAIROBI, Kenya, Oct 11 – National Irrigation Board (NIB) plans to expand Ahero Irrigation Scheme in Kisumu County to bring on board more rice farmers at a cost of Sh150 million. NIB General Manager Gitonga Mugambi says the potential of the scheme, which was started in 1960 as a pilot scheme, has not been optimally … Continue reading “National Irrigation Board to expand Ahero Irrigation Scheme in Kisumu”

October 11, 2019 0

KLM to start flying the latest Dreamliner 787-10 to Kenya

By mykenyancareers

NAIROBI, Kenya, Oct 11 – KLM Royal Dutch Airlines is set to launch the latest version of the Boeing 787-10 aircraft on the Amsterdam- Nairobi route next month. The move will see Kenya become the second destination in KLM’s global network to receive the new aircraft after Tanzania in July this year. KLM Commercial Director … Continue reading “KLM to start flying the latest Dreamliner 787-10 to Kenya”