Friday, January 19, 2018
connectivity

KPC, AfDB and WB sign Sh30Bn. connectivity financing deal

Kenya enters the last mile of the connectivity project with Kenya Power signing for additional Ksh 30Bn with Africa Development BANK (AfDB) and world Bank (WB). The connectivity project seeks to provide power to the...
OLD RAILWAY

Counties in Mt. Kenya region to revive old Nairobi -Nanyuki railway at bKsh 25nillion

The County governments in the Mt. Kenya region among them Nyeri, Kiambu, Laikipia, Kirinyaga, Nanyuki and Murang’a have pledged to fund the revival of the old Nairobi- Nanyuki railway line. The deal which will cost...
rent

Nairobi County to continue demanding rent from KPC for poles

The County Government will continue asking Kenya Power for Sh600 million as rent charges for electricity poles that stand on road reserves. Judge John Mativo has refused to issue a stay order and find that...
KenGen

Rebecca Miano becomes KenGen new MD and CEO

Kenya Electricity Generating Company (KenGen) has confirmed Rebecca Miano as the Managing Director and Chief Executive Officer. Miano took over as the Acting Managing Director following the retirement of Albert Mugo on Friday 25th August...
Shell

Shell announces surging net profits

Royal Dutch Shell said Thursday that net profit almost tripled to more than $4.0 billion in the third quarter, helped largely by recovering oil prices. Profit after tax rocketed to $4.087 billion (3.505 billion euros)...
second trip

SGR begins second train service

Kenya Railways  on Wednesdya Novermber 1, comenced the second train service on the Standard Gauge Railway between Nairobi and Mombasa. The express train service will depart both Nairobi and Mombasa Termini at 3.30PM. The corporation currently...
inflation

October records 5.7pc drop in infaltion

Inflation in October has dropped to 5.72 percent compared to last month’s 7.06 per cent, the lowest since June 2016, due to the decline in several food items. The Kenya National Bureau of Statistics attributes...
traffic

WB, KURA to deliver ITS to end city’s gridlock

World Bank (WB) and Kenya urban roads authority (KURA) have joined hands to deliver a smart Intelligent traffic management system on key intersections on city roads in two years. The proposed Nairobi’s Intelligent Traffic System...
KRA

Court suspends KRA’s plan to extend tax on non alcoholic drinks and cosmetics manufacturers

The Kenya Revenue Authority (KRA) has been dealt a blow in its quest to widen the tax net after the high Court temporarily suspended plans rope in non alcoholic drinks and cosmetics manufacturers. In the...
Solar-Tesla

Puerto Rico welcomes Tesla solar power

Entrepreneur Elon Musk has followed through on his plan to boost power resources in Puerto Rico after it was devastated by Hurricane Maria. Mr Musk’s firm, Tesla, has set up solar panels and energy storage...
Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.