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Editorials EDITORIAL: Take full advantage of Chinese market Wednesday, May 22, 2019 20:16 By EDITORIAL Huawei Technologies (Kenya) Senior Director Public Affairs Adam Lane addressing guests at the KEG luncheon on May 20, 2019. PHOTO | FRANCIS NDERITU  At last count, the trade deficit between Kenya and China stood at Sh715 billion, really high for an economy like Kenya’s. To be sure, Kenya...
Editorials EDITORIAL: Mortgage plan timely Wednesday, May 22, 2019 20:16 By EDITORIAL Treasury honchos expect that KMRC will increase the number of mortgages to over 60,000 by 2022 from the current 26,000. FILE PHOTO | NMG  Treasury’s push for the implementation of Kenya’s new mortgage refinancing company to help would-be homeowners who struggle to secure home loans offers hope for many middle income...
Safaricom Bob Collymore. The company has extended his contract by one year. PHOTO | FILE | NATION MEDIA GROUP  By PAUL WAFULAMore by this Author Kenya telecommunications giant Safaricom has extended chief executive Bob Collymore’s contract by a year to compensate for the time he was away on medical leave.The CEO will now leave the telco in 2020."I am not...
Columnists It’s time varsities tapped IT potential Wednesday, May 22, 2019 20:24 By BITANGE NDEMO Education Cabinet Secretary George Magoha. FILE PHOTO | NMG  The decision by Microsoft to invest $100 million (Sh10 billion) in a first-ever development centre in Nairobi is a recognition of the rising importance of African IT talent.At the same time, it brings to focus the challenge of institutions...
News Safaricom extends Bob Collymore’s contract by 12 months Thursday, May 23, 2019 12:48 By PAUL WAFULA Safaricom CEO Bob Collymore. PHOTO | NMG  Safaricom has extended Bob Collymore’s contract by a year to compensate for the time he was away on medical leave.The CEO will now leave the telco in 2020."I am not going anywhere. I will be here for another one...
News KCB falls behind Equity in quarter one profit race Thursday, May 23, 2019 10:30 By PATRICK ALUSHULA KCB chief executive Joshua Oigara (left) and Equity chief executive James Mwangi. FILE PHOTO | NMG  KCB Group #ticker:KCB fell behind close rival Equity Group #ticker:EQTY in the race for the most profitable lender in the first three months of the year despite posting a...
News Expats rank Kenya top in Africa on access to the internet Thursday, May 23, 2019 11:19 By DOREEN WAINAINAH Kenya-based expatriate workers have ranked the country top in Africa based on ease of access to the Internet. FILE PHOTO | NMG  Kenya-based expatriate workers have ranked the country top in Africa based on ease of access to the Internet.The Digital Life Abroad...
Kenya President Uhuru Kenyatta (left) inspects construction works on the Redhill-Waiyaki bypass in Nairobi on May 22, 2019 with Cabinet Secretaries James Macharia (Transport, Infrastructure, Housing and Urban Development), Center, and Henry Rotich (Treasury). Kenya plans to launch a credit guarantee scheme to enable informal sector workers access loans, including for buying homes. PHOTO | WILLIAM OERI |...
News State backed mortgage firm to lend at below 10pc Thursday, May 23, 2019 10:15 By GEORGE OMONDI Affordable housing is one of the four pillars of President Uhuru Kenyatta’s agenda for the next four years. FILE PHOTO | NMG  Kenyans earning Sh150,000 and below per month are set to get house loans from local financial institutions at rates below 10 percent after...
Dar es Salaam is a major port and city in Tanzania. A plan to build a port in Bagamoyo to decongest Dar es Salaam has stalled. PHOTO | FILE | NATION MEDIA GROUP   By REUTERSMore by this Author A planned $10 billion port project in Tanzania backed by China has hit an impasse, with the two sides disagreeing on terms...

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