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CORD now agitates for referendum, drops dialogue calls

The Coalition for Reforms and Democracy has now abandoned its demands for national dialogue, and now wants a national referendum. In a resolution that was read out at the Saba Saba rally, CORD leaders...

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Businesses closed ahead of sabasaba rally

Many businesses remained shut in Nairobi’s Central Business District on Monday as trader’s feared possible violence after the Saba Saba rally at Uhuru Park. A number of traders opened for businesses in...

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Fifa partner CEO arrested over ticket scam

Ray Whelan arrested at in Rio de janeiro Ray Whelan, the chief executive of a Fifa partner company was arrested by Brazilian police in Rio de janeiro on Monday as part of investigations into the...

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Nigeria on the verge of a Fifa ban

NFF President Aminu Maigari was arrested upon his return from the World Cup but later released. Nigeria is facing a ban from Fifa after the Nigerian Football Federation fresh from the world cup was...

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RVR completes drawdown on debt facility with $70million

Regional rail operator, Rift Valley Railways has completed the final drawdown of US$ 69.6 million of the US$164 million debt facility which it raised through leading global and East African financiers...

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KenGen expects to conclude rights issue by year-end

KenGen says it aims to complete a 15 billion shilling ($171 million) rights issue by end-2014 and hopes to have a commitment from the government by August on the amount of financial support it will...

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New banks’ basis rate finally set

The Central Bank of Kenya (CBK) has finally set the Kenya Banks Reference Rate (KBRR) at 9.13 percent, which will be the basis rate for banks to price their loans to borrowers. The formula was...

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Dismiss petition urges IEBC boss

The independent electoral and boundaries commission now wants the petition by activist Wafula Buke calling for the removal of its commissioners dismissed by parliament. According to the commission’s...

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Brazil’s world cup ambitions ended by a brutal German machine

chelsea’s midfielder scored brazil’s consolation goal Germany yesterday humiliated hosts Brazil in their worst ever defeat on home soil in the first semi-final in Belo Horizonte. Over 200 million...

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Harambee stars boosted with 15 million for their upcoming fixture against...

Fkf boss Sam Nyamweya receives a check from Nickson Ooko Harambee stars will get around15 million Kenya shillings from partner sponsors fly 540 it was announced this morning in Nairobi . Nickson Ooko,...

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Van persie doubtful for semi final against Argentina

Pep talk: van Gaal chats to van Persie during Tuesday’s training session in Sao Paulo Dutch captain Robin van Persie may miss Holland’s World Cup semi-final against Messi’s Argentina to be played in...

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Google Glass hack allows brainwave control

Google Glass has been hacked so that it can be controlled by brainwaves. By combining the smart glasses with an electroencephalography (EEG) headset, the software makes it possible to take a picture...

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Highest price of top Kenya tea grade rises at auction

The highest price for top-grade Kenyan tea rose slightly at this week’s sale to $3.30 per kg from $3.12 per kg last week, Tea Brokers East Africa said. Kenya is the world’s leading exporter of black...

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Argentina to play Germany in the final of the World Cup

Argentina will play Germany in the final of the 2014 World Cup after beating Holland 4-2 on post match penalties. Argentina’s Sergio Romero saved two penalties to seal their first World Cup final place...

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Argentina goalkeeper saves two penalties to haunt Van Gaal by the skills he...

Argentina goalkeeper Sergio Romero haunted his former coach by using the skills he taught him, and saved two penalties that saw a powerful Holland exit the world cup on post match penalties in the...

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AFC Leopards frustrated again

Dirty tackle: Bandari’s Jimmy Bageya tackles Leopard’s Paul were in a mid week clash that ended 0-0 AFC Leopards frustrations continued as they were held to a barren draw by a technical Bandari in a...

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AFC Leopards coach kick out team manager and goalkeeper trainer

AFC Leopards Head Coach Hendrik Pieter De Jongh AFC Leopards woes continued as Head Coach Hendrik Pieter De Jongh sacked team manager Richard Madegwa after doing the same on goalkeeper trainer...

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Google launches new venture fund for European start-ups

Google is launching a venture capital fund to invest in promising European technology companies. The $100m (£58m) fund will “invest in the best ideas from the best European entrepreneurs”, according to...

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Alibhai Shariff Centre of Excellence established to build world-class skills...

The Alibhai Shariff Centre of Excellence has been launched in partnership with the Ministry of Science, Education and Technology and Housing Finance Foundation. The Centre, located in the Thika Road...

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Export orders drive up profit at BAT Kenya

British American Tobacco Kenya posted a 14 percent jump in first-half pretax profit to 2.56 billion shillings ($29.22 million), thanks to higher revenue from contracts to manufacture cigarettes for...

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