DAVOS: The Government plans to provide electricity to at least to 70 percent of Kenyans in the next three years, Deputy President William Ruto has said. Speaking in Davos, Switzerland, Mr Ruto said the Government had engaged in the ambitious project including infrastructural development so as to spur economic growth. He said Kenya wanted to create an environment that will attract investment to the country and create employment. "Kenya is looking forward to generate clean energy.... Read more »
Posted on : Wednesday , 28th January 2015

The formation of the scenic Rift Valley may have inadvertently handed Kenya a wild card. You can imagine the era when volcanoes erupted with pleasure and in abandon from Longonot to Menengai, from Paka to Silali. The chain is endless especially along the fault-lines of the rift. Yet, today, that phenomena that must have looked like an extract from hell, gives Kenya not only scenic landscapes; the very act of volcanism is supporting Kenya’s bid in soft diplomatic power. Geother.... Read more »
Posted on : Wednesday , 28th January 2015
Kenya Power plans to outsource the entire metering process as part of its strategy to enhance service delivery to customers and increase revenue. The national electricity distributor opines that by sub-contracting the exercise, it will be easier to get accurate power usage by customers and increase revenue. Managing Director Ben Chumo confirmed that the initiative is also aimed at eliminating corruption which for a long time has denied the company huge sums in revenue.
Posted on : Wednesday , 28th January 2015
Posted on : Wednesday , 28th January 2015
The sub-Saharan Africa market performance report, however, shows sub-Saharan Africa equity market performance was mixed, with Rwanda Securities Exchange declining by 4.5 per cent over the reporting period.
Posted on : Tuesday , 27th January 2015
Developing industrial and infrastructure projects is not just a technical task, but involves a full range of elements to develop a sustainable business model. This business model takes into account ownership structure, communities, understanding requirements for funding, capacity, technology, financial models, environmental and market analysis, etc.
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Posted on : Tuesday , 27th January 2015
The government has once again expressed its commitment to reviving the Arusha-based General Tyre East African Limited (GTEA) factory before the end of this year.
Posted on : Tuesday , 27th January 2015
Kenya's mining revenues stood at Sh600 million in the first half of the 2014/2015 financial year, boosted by royalties from increased mineral exploration, Cabinet secretary Najib Balala said yesterday.
Posted on : Tuesday , 27th January 2015
The ranking takes note of the massive efforts being made in infrastructure development, the power sector and improving macro-economic stability.
Posted on : Tuesday , 27th January 2015
The bank has singled out growing investments and opportunities for trade between Kenya and China as a key economic catalyst hence the need to tap into it.
Posted on : Tuesday , 27th January 2015
The Tanzania Petroleum Development Corporation (TPDC) has said the construction work of the natural gas pipeline will be completed by the end of this February.
Posted on : Tuesday , 27th January 2015
The World Bank says in its 2015 global economic prospect report that several low-income countries, including those in East Africa, may graduate to middle-income status on the back of substantial oil and gas discoveries.
Posted on : Tuesday , 27th January 2015
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