The spectacle that was Nairobi Legal Awards 2021
NAIROBI, Kenya Nov 30 – On Friday night all the brightest legal minds met in Nairobi for a night of celebration in a black tie event. Of course, all of the fun began on the red carpet – the walkway of the stunning. When it’s time to make a statement, big or small, this is […]
Nairobi Legal Awards: Who were the stars of the night?
NAIROBI Kenya, Nov 29- The 2021 edition of the Nairobi Legal Awards was a pompous affair which took place on Friday November 26, 2021 at The Movenpick Hotel. This year’s edition of the awards dubbed “The Phoenix Edition” was aimed at signifying the rebirth of Kenya’s legal space following the devastating impact of the Covid-19 […]
Co-operative Bank Q3 profit hits Sh11.6 billion
Co-operative Bank Group Managing Director and CEO Gideon Muriuki./ Courtesy. NAIROBI, Kenya, Nov 19 – Co-operative Bank Group’s net profit went up by 20 percent to Sh11.6 billion during the third quarter of 2021 compared to Sh9.8 billion reported over the same period last year. “The strong performance by the bank exceeds the pre-pandemic performance […]
Motorists will now have to pay to use some Kenyan roads
Ongoing construction of the Nairobi Expressway Uhuru Highway. PHOTO/ NMG NAIROBI, Kenya Nov 19- Motorists are set to cough up more cash after the State tabled rules, paving the way for the introduction of toll fees along some highways. The Public Finance Management (National Road Toll Fund) Regulations 2021 seeks to establish the National Roads […]
Imported goods to go up as shilling weakens further to the dollar
CBK Governor Patrick Njoroge displays some of the new designs for the Kenyan currency notes/ CBK website. NAIROBI, Kenya Nov 18 – The Kenya shilling fell to an all-time low to trade at Sh112.07 against the dollar attributed to weak inflows and strong dollar demand across sectors. The weakening of the shilling signalling an increase […]
This law could deal with corrupt officials for good
Lawmakers during a debate in Parliament/ parliament.go.ke NAIROBI Kenya, Nov 18- State and public officials found guilty of corruption or economic crimes will be permanently banned from vying for or holding political office if a Bill currently in Parliament comes into law. The Anti-Corruption and Economic Crimes (Amendment) Bill, currently at the debate stage in […]
NBK commits to UN Global Compact Principles on Responsible Business
National Bank of Kenya (NBK) Managing Director Paul Russo/ NMG PHOTO NAIROBI, Kenya, Nov 17 – The National Bank of Kenya (NBK) has signed up to the United Nations Global Compact, committing to adopt ethical and responsible business practices in its operations. Following the signing, the bank has committed to uphold and protect human rights, […]
US Secretary of state lands in Kenya
US Secretary of State Antony Blinken arrives at the Jomo Kenyatta International Airport in Nairobi, Kenya/ KENYA’S MINISTRY OF FOREIGN AFFAIRS. NAIROBI Kenya, Nov 17- United States Secretary of State Antony Blinken has called for an unconditional ceasefire in the Ethiopian conflict during his first leg of an African tour which will take part in […]
Kenya in plans to launch digital currency
The Central Bank of Kenya is considering the use of Cryptocurrency/AFP NAIROBI, Kenya, Nov 12 – The Central Bank of Kenya (CBK) has announced that its exploring the use of Central Bank Digital Currency (CBDC) as digital currencies take shape globally. CBK Governor Dr. Patrick Njoroge said the bank is in discussions with other global […]
Thousands risk losing jobs as World Bank pushes for university closures
University of Nairobi in Nairobi, Kenya/ NMG/ PHOTO NAIROBI, Kenya, Nov 11 – The World Bank is pushing for the closure of broke government universities and corporations that are making losses as it approved multi billion loan facilities to support the country’s budget and help the economy recover from the effects of the Covid-19 pandemic. […]
