Tuesday, October 17, 2017
“sell it for me”

Boosting revenue: Kenya’s OLX rolls out a new service to its users

Kenya's OLX has rolled out a new service to its users that will handle the entire selling process on behalf of vehicle sellers. The new service dubbed “sell it for me” will help traders transact...
Computing Solution

Kenya’s company introduces a solution to Restore sanity in Matatu

MapSoft technologies introduces Hand held Mobile Computing Solution to manage and also to help in vehicle tracking among other integrated solutions by Matatu owners. Already the demand for the product is huge and they have...
Motor vehicle theft

Motor vehicle thefts in Kenya rise by 22 pc-KNBS and AKI

The 2017 Economic Survey by Kenya national Bureau of statistics (KNBS) shows that motor vehicle theft shot up by 22 per cent last year as crime levels continued to soar. According to the Survey, 1,355...
Kenya's 2017 economic outlook

Kenya’s economy expanded marginally to 5.8 percent in 2016 -KNBS

The overall expenditure on roads is expected to increase by 38.3 per cent from KSh 113.2 billion in 2015/16 to KSh 156.5 billion in 2016/17, a survey by the national bureau of statistics (KNBS)...
Traffic jam

Kenya’s city transport authority separates bus lanes to ease jam

Nairobi Metropolitan Area Transport Authority (Namata) is reviving rapid transit systemto ease traffic jams. This, according to Namata, plans to ease the city’s infamous traffic jams would be achieved by reserving lanes for public transport technically...
The SGR is expected to help relieve some congestion at the port as well as along the Nairobi-Mombasa corridor.

Completion of infrastructural projects to provide impetus to Kenya’s economy

With tail winds of a strengthening global economy and the soon to be launched standard gauge railway (SGR), economic activities in Kenya stand to be lifted. According to World Bank Kenya's economic update 2017, the...
rising oil prices

Looming blow to Kenya and other oil importers as prices set to rise

With global oil prices set to rise following the recent agreements between major oil exporters, the positive terms of trade effect that Kenya and other oil importers  have enjoyed will be curtailed The world bank...

Passengers travelling on Jambojet to pay more to access additional benefits

Jambojet has introduced a new fare structure which will see Passengers travelling on the low- cost airline pay an additional Sh1,730 to access a package of additional benefits that will include checked in luggage,...

Total Kenya records Sh2.2 billion net profit

Total Kenya reported a 38.3 per cent net profit growth in the year ended December 2016, helped by better margins. The oil marketer made a net profit of Sh2.2 billion in the period compared to...
Budget

Sigh of relief, Govt. announces a zero-rate tax on bread and maize

The government has announced a zero-rate tax on bread and maize flour in its Budget 2017/2018. The announcement comes amid complaints from around the country of the rise of these basic commodities with flour currently...
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