Author: Muindi

In Kenya, Khan is a popular name, having represented Deputy President William Ruto and former Head of Public Service and Commissioner of Police Hussein Ali in the ICC when they were accused of committing crimes against humanity.

Huawei’s CEO Ren Zhengfei has pledged to stick to a  globalization strategy despite external pressure.  He has called on the new US administration to come up with more open policies that are in the interests of US companies and the US economy as a whole. These are the first public remarks the founder of Huawei has made since the change of the US administration.  Ren was speaking during a press briefing in Taiyuan, the capital city of China’s northern Shanxi province, after launching the Intelligent Mining Innovation Lab. “Trade benefits both sides. Allowing US companies to supply goods to Chinese…

KenGen, Kenya’s biggest electricity producer, has signed an estimated Ksh 709,822, 630 (USD 6,452,933) deal with Office Djiboutien De Development De lenergie Geothermique (Djiboutian Office of Geothermal Energy Development) (ODDEG) to drill three geothermal wells, the company said on Thursday. The signing ceremony, in Galla Le Koma, Djibouti, was attended by Kenya’s Energy Cabinet Secretary, Hon. Charles Keter, and KenGen Managing Director & CEO, Mrs Rebecca Miano. Keter pointed out that African nations shared the common aspiration of delivering electricity to their people, which, he said, provided an opportunity to work together to meet the continent’s energy needs.  “The biggest…

Office space absorption across Nairobi in 2020 stood at m US$1.3 per square foot (sq. ft) per month to US$1.12 per sq. ft per month in the second half of 2020 amid the global pandemic that severely impacted business activities across sectors. Absorption of Grade A and B office space decreased by 50% in the review period compared to a similar period in 2019, with overall absorption for the year 2020 declining by 47%, said property consultancy firm Knight Frank Kenya. These factors also affected sale prices of prime residential properties in Nairobi, which decreased by 3.9% in 2020, compared…

Kenya Airways has set an ambitious target to grow the contribution of cargo to its business from seven to 20% over a five-year period. This is after it unveiled its first fully repurposed passenger Boeing 787  Dreamliner into a “Preighter” with a carrying capacity from a minimum 30 to 56 tons.  This is through KQ’s partnership with Avianor. The term preighter was coined in the pandemic to refer to passenger aircraft converted to carry cargo. KQ Cargo Preighter is timely as it enhances JKIA’s cargo capacity and ability to handle transshipments of Covid-19 vaccines. https://twitter.com/KenyaAirways/status/1358686438485803010?s=20 “This is another avenue for…

Stanbic Bank Kenya has named world marathon record holder Brigid Kosgei as their brand ambassador for a period of two years. The marathon queen will drive Stanbic Bank’s new brand positioning dubbed “It Can Be,” aimed at inspiring and encouraging both the internal and external stakeholders to dream big and achieve their goals. “Through its women proposition DADA, the bank continues to proactively invest in women and their businesses for a more equitable and progressive society,” Stanbic Bank Kenya chief executive officer, Charles Mudiwa said Thursday. Mudiwa also explained that through various financial and non-financial offerings, the bank has managed…