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Uruguay Kenya Yemen
Bank driver at pains to explain Sh346 million payment from NYS suspects
MPs on Thursday questioned a driver linked to the NYS scandal about transactions totaling Sh346 million that were wired into his accounts. John Kago, a suspended driver with the Kenya Commercial Bank, is said to have received the funds from NYS key suspects Ben Gethi and Josephine Kabura. It is ...
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USA
Nakumatt admits financial crisis, seeks aid to stay afloat
Nakumatt Holdings has assured the public that its business is stable despite it facing financial difficulties occasioned by a harsh operating environment. In a statement on Thursday, Nakumatt Holdings managing director Atul Shah admitted that the chain was facing financial challenges that had affected its cash flow. “These challenges range ...
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Kenya
Sci & Tech: Cyber-crime: are your online banking transactions safe?
Presently, cybersecurity or (insecurity) in Kenya is the single biggest threat to business in terms of the consumption and use of Information Communication Technologies (ICT).
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Kenya
Business: Cyber-crime: are your online banking transactions safe?
Presently, cybersecurity or (insecurity) in Kenya is the single biggest threat to business in terms of the consumption and use of Information Communication Technologies (ICT).
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Kenya
Business: Kenya National Theatre picked to host 2016 BFMA
AITEC Africa has picked Kenya National Theatre to host this year's edition of the Broadcast, Film and Music Africa conference, #BFMA8, set to open November 23 24 in Nairobi.
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Nigeria
IITA moves to tackle constraints to massive cassava production
The International Institutes of Tropical Agriculture, Ibadan, said on Friday that it was working to tackle constraints militating against massive production of cassava in Africa. The IITA Deputy Director-General, Partnership, Dr. Kenton Dashiell, told newsmen in Ibadan that it had conducted a workshop on Wednesday with key stakeholders to identify vital ...
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Nigeria
Senate proposes five-year jail term for randy lecturers
Leke Baiyewu, Abuja The Senate on Thursday passed a bill to outlaw sexual advances from lecturers to students of tertiary institutions in the country. Any lecturer found guilty to have broken the law, when passed, will risk a maximum five-year jail term or N5m fine or both. The Senate also ...
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Nigeria
Auction will promote GDP growth in Nigeria – Expert
The Certified Institute of Auctioneers, Nigeria, says leveraging on auction will promote liquidity and improve the contribution of the service sector to the GDP. Registrar of the institute, Mr. Adeleke Hassan, made the observation at the opening ceremony of 3A Auction House in Lagos. 3A Auction House is a company ...
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Cina Australia
The Land at Stake Is in Australia, but the Focus Is on China
A group led by an Australian mining magnate remains the sole bidder for vast swaths of grazing land, but the presence of a Chinese partner has drawn criticism.
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Nigeria
Fed Govt releases N2.5tr from 2016 budget
The Federal Government has so far released N2.5 trillion from the N6.06 trillion 2016 budget, Minister of Budget and National Planing Udoma Udo Udoma has said. With Udoma, who was answering questions from the Senate Committee on Appropriation yesterday, was Minister of Finance Mrs. Kemi Adeosun. Mrs Adeosun said N753 ...