Stories By Patrick Kambona
Tullow Oil initiates process of replacing CEO Rahul Dhir who is set to step down
Dec 05, 2024 at 01:00 PM
Tullow Oil has initiated the process of replacing its Chief Executive Officer Rahul Dhir, who is expected to step down and also resign from the Board in 2025 to “pursue other int...
Beset Savannah Clinker boss withdraws ambitious Bamburi Cement takeover bid
Dec 04, 2024 at 03:44 PM
Savannah Clinker has withdrawn its controversial bid to acquire Bamburi Cement a month after it raised its offer to Sh27.78 billion from its preliminary counter-offer of Sh25.4 bil...
Ruto signs Division of Revenue Bill into law unlocking Sh387 billion for counties
Dec 04, 2024 at 12:50 PM
President William Ruto on Wednesday assented to the Division of Revenue (Amendment) Bill, 2024, unlocking Sh387 billion equitable share to counties for the 2024-2025 fiscal year....
Sochitel Group brings its cross-border digital products to Kenya, East Africa
Dec 04, 2024 at 01:56 AM
Sochitel Group has announced the launch of its e-voucher solutions in East Africa in an endeavor to offer services that simplify transactions and enhance business efficiency....
Details of Safaricom's revamped 5G for Business in a bid to enable MSMEs scale
Dec 02, 2024 at 03:11 PM
Safaricom has revamped its 5G for Business in an effort to accord SMEs faster and more reliable internet connectivity to support their growing digital needs, including online trans...
NCBA collaborates with Kivukoni School to advance conservation in Kilifi County
Dec 02, 2024 at 08:25 AM
NCBA has partnered with Kivukoni School for the 2024 Kivukoni Eco Fest in an effort to celebrate environmental conservation, global citizenship and community engagement....
NCBA Group profit after tax increases by three per cent to Sh15.1 billion in Q3 2024
Nov 27, 2024 at 08:19 PM
NCBA Group has posted a 3 per cent increase in its profit after tax to Sh15.1 billion in its Q3 2024, compared to the Sh14.6 billion it reported during a similar period in 2023....
COP29: Developing countries lambast $300 billion yearly climate finance pact
Nov 25, 2024 at 02:24 AM
Developing nations have faulted the $300 billion annual global finance target adopted at the COP29 summit in Baku to aid poorer countries cope with adverse effects of climate chang...
Allan Kilavuka to chair Africa airline lobby
Nov 20, 2024 at 12:45 PM
Kenya Airways (KQ) CEO Allan Kilavuka has been appointed the new Chairperson of the Africa’s Airline Association (AFRAA) at the 56th Annual General Assembly and Summit in Cairo, ...
Radisson Hotel Group appoints Sandra Kneubuhler as MD for Sub Sahara Africa
Nov 08, 2024 at 03:24 AM
Radisson Hotel Group has promoted Sandra Kneubuhler to Managing Director for Sub Sahara Africa after she previously served as Country Director of Sales and District Director for So...
DTB Group names new Kenya MD and CEO as it eyes 10 million new customers
Oct 31, 2024 at 11:43 PM
Murali Natarajan has been named by the Diamond Trust Bank Kenya Limited Board of Directors as its new Managing Director and Chief Executive Officer for Kenya in an position taking ...
Kenyan chest pains as Supreme Court quashes nullification of Finance Act 2023
Oct 30, 2024 at 01:23 AM
Kenyans frown as Supreme Court quashes nullification of Finance Act 2023...
Visa and USAID collaborate to connect public with digital government services
Oct 28, 2024 at 08:18 PM
A new partnership between Visa and the United States Agency for International Development (USAID) seeks to boost global access to open, secure and inclusive digital government syst...
New MIT podcast focuses on leaders enabling entrepreneurs thrive globally
Oct 28, 2024 at 11:05 AM
MIT’s Legatum Center for Development and Entrepreneurship has unveiled a new podcast, “A Legacy of Purpose: Conversations with Dina H. Sherif.”...
Inside Sh2.8 billion plan to manufacture medical oxygen in Kenya and Tanzania
Oct 28, 2024 at 02:19 AM
The UK-funded Unitaid plans to use US$22 million (Sh2.84 billion) to set up four medical oxygen plants, making it Africa’s first liquid oxygen regional manufacturing program....
NCBA Johari Awards 2024: Celebrating excellence in insurance, assent finance
Oct 11, 2024 at 11:26 PM
NCBA Group has announced the official launch of the NCBA Johari Awards 2024, an esteemed event seeking to recognize and celebrate excellence in the insurance and asset finance sect...
Equity Bank challenges SMEs in Kenya to dare, venture into other markets abroad
Oct 07, 2024 at 10:49 PM
Take risks and venture into other countries in the region to be able to expand your businesses....
Sneak peek of proposed JKIA design if Adani takes over operations - PHOTOS
Oct 02, 2024 at 02:07 PM
Swala Nyeti Desk has gotten its hands on the proposed architectural designs for Jomo Kenyatta International Airport (JKIA), should Indian conglomerate Adani Group take over its ope...
Tecno unveils AI-powered ecosystem backed by its latest smart device lineup
Oct 01, 2024 at 07:39 PM
Tecno is the latest smartphone manufacturer to join the Artificial Intelligence craze by launching in Kenya its AI-powered ecosystem backed by a series of latest smart devices in i...
Absa Bank connects SMEs with available opportunities to scale in Coast Region
Sep 25, 2024 at 06:19 PM
Entrepreneurs and other stakeholders on Wednesday got an opportunity to explore varied business prospects available for Small and Medium Enterprises (SMEs) in Coast region courtesy...