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Business Daily Africa
Artist who followed lonely path counts his gains - Business Daily Africa
The buyer chose to remain anonymous, but others present at the auction got in touch with Chuma. “Village Market gave me my first exhibition the following December last year. People from Braeburn School also came and invited me to exhibit at their ...
KRA dips into red amid a financing row with Treasury - Business Daily Africa
We cannot even fully implement our programmes now,” said a senior KRA official who declined to be named for fear of being seen to disclosing details of talks with Treasury. Treasury reckons that the compensation to KRA is adequate and is within ...
Saudi prince 'tweets' $300m for a share of the Twitter pie - Business Daily Africa
The investment was a secondary market transaction, meaning that Alwaleed and Kingdom Holding bought the Twitter shares from existing shareholders, rather than making a direct investment, according to a person familiar with the matter. ...
Swiss powerhouse UBS faces deeper scrutiny on oversight after $2bn loss in ... - Business Daily Africa
UBS executives suspect that his knowledge of the bank's computer systems and protocols enabled him to override the internal controls that would have caught his trading, a person close to the bank said. This weekend, UBS managers are continued to comb ...
High cost of living and impunity give NGOs new lease of life to take on - Business Daily Africa
A soldier who took part in the mutiny – he declined to give his name – told IPS, “Maybe it wasn't the right way to do it, with guns, but many of us have social problems and don't know where to turn.” Merchants responded by attacking the headquarters of ...
Kenya paves way for Rwanda in race for EAC job - Business Daily Africa
“It is no longer a contested issue as Kenya has accepted Rwanda's request to provide the next secretary-general and the appointment that the Summit is expected to make tomorrow will just be a mere formality”, said a source who asked not to be named. ...
Traders rush to stock drought resistant seeds - Business Daily Africa
“We have only distributed K50031 variety of maize to our stockists but this requires heavy rainfall and takes between 3 and four months to mature,” said a source at the Nakuru-based Faida Seeds Company who asked not to be named. ...
Farmer's Choice gains from Arab world volatility - Business Daily Africa
... into sale so far as governments continue to deny importers the letters of no objection which we have to see before releasing our products,” a Kenya Meat Commission (KMC) official who insisted on anonymity told the Business Daily on Friday. ...
Consumer files complaint against Smart TV - Business Daily Africa
... technology which will happen on June 2012, ” said a source at the digital secretariat who declined to be named as he is not the official spokesperson. ...
Private equity fund acquires major stake in Family Bank - Business Daily Africa
A senior executive at the bank, who requested anonymity because of the sensitivity of the matter, said the new investors are expected to inject into the ...
Queries raised over validity of census after 10 years - Business Daily Africa
Government officials speaking off the record said the national population census is a sensitive figure that cannot be left in the hands of any of the ...
New railway deal to be signed on Wednesday - Business Daily Africa
... delay in signing the concession have been resolved,” said a Kenyan official, who refused to be named because he is not authorised to speak to the media. ...
Strong yen raises cost of Kenya's debt to Japan - Business Daily Africa
... an interest rate of 2.5 per cent, which has nearly doubled due to currency volatility” said an official from the company who asked to remain anonymous.
CFC Stanbic targets retail market with new branches - Business Daily Africa
But this will change as we get the benefits of our new IT system installed in May,” said a senior official of the bank who requested anonymity. ...
Slash in 3G cost heralds turf wars in data market - Business Daily Africa
A Communications Commission of Kenya (CCK) official who attended a board meeting on Monday, but who did not want to be identified since he is not the ...
Get a shoulder to lean on when grappling with midlife crisis - Business Daily Africa
When you see this crisis in a person close to you, a spouse, brother or sister or even friend, your duty is to help them. Photo/FILE By FRANK NJENGA (email ...
Wrangles shock hits Methodist University - Business Daily Africa
... Nairobi and the church's hand in the promotion of non-qualified staff to senior academic positions, according to people familiar with the matter. ...