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  • Chepkwony leaves KQ after 5 months

    November 2, 2017 3:13 PM 433

    Kenya Airways’ human resources director has resigned from the national carrier five months after joining from Tata Chemicals Magadi where he held a similar position. Sammy Chepkwony announced his departure through a memo to staff, explaining that he had decided to part ways with the airline effective Thursday to “pursue other interests.” Mr Chepkwony

  • Kenyan shilling steady, helped by tight market liquidity

    November 2, 2017 9:21 AM 433

    At 0838 GMT, commercial banks quoted the shilling at 103.65/85 per dollar, little changed from Wednesday's close of 103.60/80. ...........................Shilling spot rates .....................Shilling forward rates .......................Cross rates ..................................Local contributors .......................Central Bank of Kenya Index

  • Hilton Hotel charged of 700,000 USD fine

    November 2, 2017 7:54 AM 351

    (MENAFN) Hilton Hotel's company is charged of 700,000 USD fine after being accused of not being able to handle two credit card data violations appropriately. Over 363,000 accounts were risked in the 2014/15 attacks, although it's still unknown if the executors were able to take out any details. According to the government of the US, the company has taken

  • SA no longer on Atlas Merchant Capital’s investment radar

    November 2, 2017 4:09 AM 215

    Contrary to local analysts, CEO Bob Diamond says the local banking sector is established and valuations are high Atlas Merchant Capital, which earlier sought to bid for Barclays Africa, is not seeking more investment opportunities in SA. Founding partner Bob Diamond says the local banking sector is established and valuations are high. Atlas Merchant

  • It Is Official! StarTimes Subscribers Can Now Pay As They Watch

    November 1, 2017 3:23 PM 78

    On October 19th, StarTimes announced that it would start pay per day beginning today November 1. This simply mean that all StarTimes subscribers can now watch their favourite channels with just N60 per day and N300 a week on the Nova bouquet. Basic bouquet subscribers are not lft out as they will also enjoy subscription rates as low as N90 per day and N450 per week while

  • Disposable Diapers Market Segmentation And Analysis By Recent Trends, Development And Growth By Trending Regions 2017

    November 1, 2017 3:16 PM 62

    The “Disposable Diapers Market Report” gives a clear understanding of the current market situation which includes of antique and projected upcoming market size based on technological growth, value and volume, projecting cost-effective and leading fundamentals in the Disposable Diapers market. The “Disposable Diapers Market Report” further describes detailed

  • Top of the Street: Royal Mail, Tullow, transport and logistics

    October 31, 2017 11:25 AM 51

    BUZZ-Top of the Street: Royal Mail, Tullow, transport and logist:BUZZ-Top of the Street: Royal Mail, Tullow, transport and logistics ** Transport and logistics: Berenberg starts DSV and Kuehne + Nagel with "hold" ** Broker views DSV as the best performer in logistics space over last 3yrs and adds that there's little left for new investors; In a similar

  • Ladies of the night also feel pinch of economic dip

    October 31, 2017 9:05 AM 67

    NAIROBI, KENYA: Economists, the high priests of social sciences, are known for using big terms to explain simple things. A good example is gross domestic product (GDP) which in simple terms is the monetary value of all goods and services produced in a given country in a given year. If this value goes up the following year or quarter, we say the economy

  • Safaricom CEO takes medical leave for ‘number of months’

    October 30, 2017 7:11 PM 67

    Telecoms operator Safaricom on Monday said chief executive Bob Collymore had taken medical leave to receive specialised treatment for a “number of months”. Company chairman Nicholas Ng’ang’a made the announcement in a circular to employees, but did not disclose the nature of Mr Collymore’s sickness. “On behalf of the board, management and the entire

  • Bob Collymore is receiving specialised treatment for a number of months

    October 30, 2017 3:49 PM 60

    Safaricom CEO Bob Collymore has taken medical leave to receive specialised treatment for a number of months. Chief Financial Officer (CFO) Sateesh Kamath and Strategy Director Joseph Ogutu will run the telecommunication company. Kamath has a strong background in strategic performance management and building robust operations across the telecoms, FMCG and manufacturing