BUSINESS

Biashara news

Nakumatt Suspends Staff Over Illegal Industrial Action

Nakumatt Holdings, Human Resource Officer Francis Kamotho has issued a Memo suspending over 30 workers over what he termed as 'participation in an illegal industrial action.' The workers were asked to show cause as to why disciplinary action should not be taken against them for participating in an...
m-pesa

M-Pesa Suffers 400 Million Loss Due To Poll Tension

Safaricom's money transfer business, M-Pesa lost an estimated 310 to 414 million in losses due to the tension experienced in the country after the August 8 poll. Most residents stayed at home and many businesses were shut in the run-up to, and during, election week as people feared...

Jamii Telecoms is Testing its Faiba 4G Network, Tries to Poach Safaricom Executives

The much talked about Jamii Telecom Limited owned Faiba 4G/LTE network is currently undergoing tests. There are credible indications that the network is soon launching throughout the country. We tested the new 4G network to be launched by JTL. Interesting!!! JTL Staff currently testing it using this phone....
SGR workers

SGR Workers Finally Get Employment Contracts After Threatening To Down Tools

300 SGR workers finally received their contracts after they threatened to down their tools. The contracts were supposed to be issued in April. The contracts issued were for only one year but are said to be renewable. One of the contract stated that a welder would be paid Sh.84...

Malteser International Donates 200 Body Bags to Police in Kisumu, Ready to Add More

Residents of Kisumu are a worried lot after one of the non-governmental organisations in the lakeside city donated more than 200 body bags to the police for using during the upcoming elections. According to sources in Kisumu, the NGO Malteser International has also promised to add more body...

IBM East Africa CEO Nick Nesbitt Blamed for Trying to Manipulate Kenya’s Election Results

IBM East Africa General Manager Nick Nesbitt is being blamed for being a part of a team individuals tasked by the current government to manipulate the election results in Kenya. According to opposition coalition NASA, Nesbitt is believed to be leading a team of individuals whose mission is...
bus terminal

Kenyans Stuck In Bus Terminals Ahead Of General Election

Scores of Kenyans were stuck in bus terminals in different parts of the country due to lack of transport from different parts of the country. Various saccos were forced to ply alternative routes to at least try and make a killing out the  travelers desperation. KMO sacco matatus which...

KCB Partners with Chinese Payment Services Provider, UnionPay

Kenya Commercial Bank (KCB) Group and Chinese financial service provider UnionPay International, have entered into a digital payment partnership. The partnership will see the issuance of UnionPay Prepaid Travel Mate cards in the Eastern Africa region through the KCB group network. UnionPay prepaid and debit cards with chip-enabled technology,...
msando family

Chris Msando’s Family Appeals For Financial Support

The family of the late IEBC ICT director, Chris Msando has appealed to well wishers for financial support to offset the burial expenses. "The money will help in offsetting the funeral expenses," the family said. The ICT manager was found dead at Muguga forest in Kikuyu last week. The Autopsy...
mv jambo

New MV Jambo Ferry Docks At Likoni Channel (Photos)

It was all pomp and color at the the the Kenya ferry services (KFS) docks with the arrival of the new and revamped MV Jambo ferry. The  vessel was received on Thursday afternoon by the Transport and Infrastructure CS Julius Machariah alongside his tourism counterpart Najib Balala. The blue...

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