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    ICON RADIO KE

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Business

22 Results / Page 2 of 3

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Business

EPRA ceases 49 license of LPG plants after audit

The Energy Petroleum Regulatory Authority (EPRA) has suspended operating licenses to 49 Liquefied Petroleum Gas (LPG) companies for non-compliance following the Embakasi explosion incident. An assessment audit was done in all 138 LPG plants in the country where some were located within a radius of 200 meters from residential areas were rated risky posing danger to residents. Appearing before the Senate Energy Committee, Energy Cabinet Secretary Davis Chirchir explained there […]

todayJuly 1, 2024 46 2

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Business

IMF Concerns: Finance Bill Protests Shake Economic Stability.

The International Monetary Fund (IMF) has voiced its distress over the recent tragic events in Kenya, where nationwide protests against the Finance Bill 2024 have resulted in fatalities and numerous injuries. In a statement released on June 26, the IMF conveyed its sorrow and solidarity with the affected individuals. "We are deeply concerned about the tragic events in Kenya in recent days and saddened by the loss of lives and […]

todayJuly 1, 2024 26 2

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Business

Charting a sustainable future in the creative economy : Insights from the KCB leadership center

Icon Radio's Wanjira Maganjo engages in an in-depth conversation with Rosalind Gichuru on the intersection of finance, sustainability, and the creative economy. " As the Group Director for Marketing and Communications at KCB, I see myself as the chief custodian of our brand, which has been around for 127 years. KCB is all about people and ensuring we do better for all our stakeholders—internally, with customers, and within our community […]

todayJune 24, 2024 59 32 4

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Business

Kenya Breweries Limited Overall Winners At The Energy Management Awards

Yesterday, the Kenya Association of Manufacturers (KAM) held the Energy Management Awards (EMA) gala dinner. This annual event celebrates outstanding energy management and honors companies that have significantly reduced their energy usage through efficient practices and technologies. Kenya Breweries Limited - Nairobi emerged as the overall winner of the 2024 EMA during the 20th edition of the awards, themed "Celebrating 20 Years of Efficiency in Energy Management and Sustainability." British […]

todayMay 21, 2024 101 1

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Business

Kenyan DJ Wins Ksh 7.6M in Global Nightclub Idea Competition

Jesse Mugambi, a Kenyan DJ and student currently pursuing his studies at the University of Brighton in England has won Ksh7.6 million (€50,000) in a global competition. Mugambi edged out 300 entrants from 50 countries in a competition dubbed Save the Night whose results were announced in March. His submission envisioned a unique nightclub which is transformed into a music studio during the day. The student pursuing a Master's Degree in Sustainable […]

todayMarch 11, 2024 37

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Business

CBK CAUTIONS KENYANS AGAINST UNLICENSED MONEY OR VALUE TRANSFER SERVICE PROVIDERS

The Central Bank of Kenya (CBK) has cautioned Kenyans to be wary of entities and persons providing Money or Value Transfer Services (MVTS) without authorization from the monetary authority. In a statement to newsrooms on Monday, CBK said that it has noticed a sprouting wave of unlicensed entities providing MVTS, posing huge losses on customers and it is a criminal offence. "Such services do not enjoy the protection of the […]

todayNovember 7, 2023 62

Business

KAA LAUNCHES ELECTRIC BUSES TO PLY JKIA ROUTE

The Kenya Airports Authority (KAA) has launched new bus routes from JKIA to several destinations in Nairobi. KAA, in partnership with bus service companies Metrotrans East Africa Limited & Super Metro unveiled electric commuter buses, and lauded the move as a headway towards sustainability and conserving the environment. "These electric buses mark a significant stride towards sustainability, perfectly aligning with the National Government's strategic goals. We're committed to adopting green […]

todayNovember 2, 2023 95

Business

LAST-MINUTE NEW BOLT LICENCE BLOCKS LITTLE CAB BUYOUT BID

Taxi-hailing firm Little Cab has dropped its bid to buy out rival Bolt after the Estonian firm was granted a last-minute licence renewal, lifting the lid on the fierce battle for control of the industry and the behind-the-scenes lobbying triggered by a licensing stalemate with the transport regulator.

todayNovember 1, 2023 20

Business

Rai opens a new sugar plant

PHOTO: COURTESY   At least half of the sugar produced in Kenya is now controlled by one man after the billionaire Rai family opened their fourth milling plant in Bungoma. Naitiri Sugar Company which started milling in May is the new addition to the family’s sugar conglomerate that now spans the country. The new plant extends Rai’s position as the leading sugar manufacturer from a combined capacity of his existing […]

todayJuly 21, 2022 708

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