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Bamburi Cement Appoints New CEO, Two Non-Executive Directors Effective
Bamburi Cement PLC today announced the appointment of Mr. Mohit Kapoor
as the new Group Chief Executive Officer (CEO), effective April 1,
2023, subject to regulatory approvals.Mr. Kapoor succeeds Mr. Seddiq Hassani, who has served as the…
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Government Moves To Manage Fiscal Risks Amid Harsh Economic Times
To alleviate poverty and the harsh economic times Kenya needs to change tact and create an environment where every person can “fish.” This starts by prioritizing the identification of loopholes that cripple the economy. The development of…
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Kenyans income affected by Climate Change
A new report has revealed that Kenyans are among the most affected with climate change with 76 percent of its population reporting that their income has been impacted.
The report by European Investment Bank revealed that A further 97…
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Firm acquires funding for geothermal project
A London-based power firm, Globeleq, has secured Sh8.89 billion ($72 million) to develop a 35-megawatt (MW)power plant, at Menengai Crater geothermal fields in Nakuru, boosting Kenya’s efforts to fully transition to clean energy and…
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Engineers Board of Kenya Sensitizes Built Environment Stakeholders on Engineers Scale of Fees
Engineers Board of Kenya (EBK) has called for closer working cooperationamong government agencies in the implementation of the engineers scale offees for professional engineers.Built environment stakeholders in Kenya include …
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Sacco’s to Drive Second Phase of Hustler Fund Disbursement
SACCOS regulated by the Sacco Societies Regulatory Authority (SASRA) will be able to access between Sh10 to 100 million.
Savings and Credit Co-operative Societies (SACCOS) in the country are looking to tap into the opportunities availed by…
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Kenya Shilling tumbles to hit 122 level against US dollar
The Kenyan shilling hit an all-time low of 122 level against the United States Dollar this month on increased dollar demands from oil importers.This is a 0.2 percent depreciation of the currency after it closed the week – November 18,…
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Octagon Feted For Its Digital Transformation In Kenya Top 100 Mid-Sized Companies Award
Octagon Africa scooped an award in the digital transformation category for being a Top 100 mid-sized company for the year 2022 in recognition of its efforts in the digitization of retirement savings.
Digital transformation, in line with our…
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Tata Chemicals Magadi Launches Community Drought Relief Program in Kajiado
Company responds to biting drought crisis with emergency levels of food insecurity. Food distribution to nearly 2,000 kids in 29 pre-schools within the local community to ensure no children miss school during drought season. Increased water…
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Kenyan Women Encouraged To Further Gender Inclusivity
The report showed that women account for 23% of board members with the proportion of women on the board in Kenya improving.
The 2021 Kenya Institute of Management Board Diversity and Inclusion Report indicates there has been significant…
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