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  • Why KQ will take longer to fly to New York despite clearance

    September 22, 2017 9:05 PM 6

    Kenya Airways Chairman Michael Joseph consults with Company Secretary Catherine Musakali during an annual general meeting in Nairobi. [Wilberforce Okwiri, Standard] National carrier Kenya Airways (KQ) will take longer before it can fly directly to the US despite having received the green light to do so. According to the Chief Executive Sebastian Mikosz

  • Gym app Pact pays $1m over broken promises

    September 22, 2017 1:52 PM 3

    Fitness app Pact, which promised members financial rewards for meeting their health goals, has settled accusations that it broke its promises. The app let people set exercise and dietary goals, and charged them a penalty between $5 (£3.70) and $50 if they failed to meet their target. It pledged to share some of the "fines" with members who did reach

  • Madaraka Express passengers to buy tickets via SMS

    September 22, 2017 8:59 AM 3

    Passengers travelling on the Standard Gauge Rail (SGR) train between Nairobi to Mombasa will from Saturday book, cancel and pay for their tickets through their mobile phones following introduction of a SMS-based payment platform. Kenya Railways is hoping the move will tackle middlemen cashing in on selling tickets at higher prices by allowing passengers

  • CBK remains mum on details of new currency

    September 21, 2017 12:57 PM 2

    The Central Bank of Kenya (CBK) Thursday remained mum on details of the planned introduction of a new-look currency. This came as debate raged among Kenyans on how the new currency, including notes and coins, will look like. The production of new currency notes that do not bear the images of former presidents was supposed to start after passage of the 2010 Constitution

  • CBK mum on timeline for introduction of new-look currency

    September 21, 2017 12:23 PM 2

    The Central Bank of Kenya (CBK) Thursday remained mum on details of the planned introduction of a new-look currency. This came as debate raged among Kenyans on how the new currency, including notes and coins, will look like. The production of new currency notes that do not bear the images of former presidents was supposed to start after passage of the 2010 Constitution

  • CBK disowns new currency notes circulating on social media

    September 21, 2017 12:23 PM 2

    Central Bank of Kenya (CBK) has disowned new currency notes circulating in social media and says the process of rolling out currencies and coins with new features is ongoing. The bank had set September this year as the roll-out year of the new notes, but a tender for printing the new currency is yet to be awarded. Article 231(4) of the constitution bars the use of portraits

  • Vodafone share price: Group preparing bid for Zambia mobile licence

    September 21, 2017 7:17 AM 2

    Move to enable telco to add voice services to data product Vodafone (LON:VOD) is preparing a bid for a new mobile-phone licence in Zambia, Bloomberg has reported. The move will enable the FTSE 100 group to add voice services to its data product in the southern African country. Vodafone’s share price closed little changed last night, shedding 0.12 percent

  • Steinhoff a STAR listing on JSE

    September 20, 2017 5:03 PM 3

    JOHANNESBURG, (CAJ News) – STEINHOFF Africa Retail (STAR) is the 14th company to list on the Johannesburg Stock Exchange (JSE) this year. JOHANNESBURG, (CAJ News) – STEINHOFF Africa Retail (STAR) is the 14th company to list on the Johannesburg Stock Exchange (JSE) this year. It listed on the Broadline Retailers sub sector, whose total market capitalisation

  • Govt 'aware' of talks between Nakumatt, Tuskys

    September 18, 2017 10:51 AM 2

    Trade Principal Secretary Chris Kiptoo says he is aware of ongoing talks towards a partnership between troubled retail chain Nakumatt and rival Tuskys. However, neither Nakumatt nor Tuskys have confirmed reports of a deal between the two. The retailers were yet to respond to queries on whether the deal is a merger or a buyout as at the time of publishing

  • Trade PS 'aware' of Nakumatt, Tuskys partnership talks

    September 18, 2017 10:47 AM 2

    Trade Principal Secretary Chris Kiptoo says he is aware of ongoing talks towards a partnership between troubled retail chain Nakumatt and rival Tuskys. However, neither Nakumatt nor Tuskys have confirmed reports of a deal between the two. The retailers were yet to respond to queries on whether the deal is a merger or a buyout as at the time of publishing