Georgina Korir – Kenyan Enterprise https://www.kenyanenterprise.com/sites/author/georginakorir/ Daily Breaking Business News, Finance, Economy, Technology and Startups On The Go! Sat, 18 Apr 2020 22:36:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://www.kenyanenterprise.com/wp-content/uploads/2019/03/cropped-IMG-20180823-WA0001-32x32.jpg Georgina Korir – Kenyan Enterprise https://www.kenyanenterprise.com/sites/author/georginakorir/ 32 32 Polycarp Igathe Rejoins Equity as Chief Commercial Officer after Leaving Vivo https://www.kenyanenterprise.com/sites/georginakorir/article/polycarp-igathe-rejoins-equity-as-chief-commercial-officer-after-leaving-vivo/ Tue, 17 Mar 2020 01:22:04 +0000 http://www.inversk.co.ke/?p=7307 Equity Group Holdings (EGH) has been rejoined by Polycarp Igathe as the Group Chief Commercial Officer reporting to the Group CEO. Igathe left for Vivo Energy in September 2019. Before that, he worked as a Managing Director at Equity Bank. Speaking from Equity Centre, Polycarp said, “I left part of my heart in Equity because […]

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]]> Pilot Suspected To Take Part in the Fake Arms Deal Arrested At JKIA https://www.kenyanenterprise.com/sites/georginakorir/article/pilot-suspected-to-take-part-in-the-fake-arms-deal-arrested-at-jkia/ Sun, 15 Mar 2020 20:53:11 +0000 http://www.inversk.co.ke/?p=7287 A pilot suspected to have taken part in the scam involving the Sh39 billion military equipment has been arrested by the Directorate of Criminal Investigations (DCI) on Saturday, following stop orders. The pilot, Subow Mohamed Ahmed, working with a local Aviation company was arrested at the Jomo Kenyatta International Airport (JKIA). On Saturday morning, detectives […]

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]]> 2020 Mobile Gender Gap Report: 300million More Men than Women Use Smartphones https://www.kenyanenterprise.com/sites/georginakorir/article/2020-mobile-gender-gap-report-300million-more-men-than-women-use-smartphones/ Sun, 15 Mar 2020 20:23:40 +0000 http://www.inversk.co.ke/?p=7285 On basic terms, discussion on the mobile gender gap simply refers to how often men are subject to using the internet than women at least once in three months. The GSMA intelligence conducts an annual survey to help point out whether the mobile gender gap is widening, narrowing or being constant. In 2019, the GSMA […]

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]]> Kenyan Stock Market Takes a Dive on First Corona Virus Confirmed Case https://www.kenyanenterprise.com/sites/georginakorir/article/kenyan-stock-market-takes-a-dive-on-first-corona-virus-confirmed-case/ Fri, 13 Mar 2020 21:29:00 +0000 http://www.inversk.co.ke/?p=7266 After the NSE All-Share Index plunged by more than 5%, trading at the Nairobi Securities Exchange was halted on Friday, March 13, 2020. This followed the announcement of the first positive coronavirus case in Kenya. All-time lows have been hit by Kenyan stocks with some exhibiting no demand. From Wednesday’s low of KSh 2.10, KPLC […]

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]]> Government Seeks Trade Balance between Kenya and Japan https://www.kenyanenterprise.com/sites/georginakorir/article/government-seeks-trade-balance-between-kenya-and-japan/ Fri, 13 Mar 2020 21:24:14 +0000 http://www.inversk.co.ke/?p=7263 The government is seeking to have appropriate policies put in place to aid the balancing of trade between Kenya and Japan. The government is targeting an increase in exports to Japan to achieve balance. Kenya managed to export to Japan goods worth KSh6.34 billion in 2016 alone while importing goods worth KSh 80.7 billion from […]

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]]> Kenya Re Targets Egypt with Shariah Tied Units https://www.kenyanenterprise.com/sites/georginakorir/article/kenya-re-targets-egypt-with-shariah-tied-units/ Thu, 12 Mar 2020 21:00:50 +0000 http://www.inversk.co.ke/?p=7238 After converting Sh5.25 billion from cash reserves to capital, through the issuance of bonus shares, Kenya Re wants to establish a Shariah-compliant subsidiary in Egypt. Re-takaful operates on Shariah principles and is the Islamic alternative to conventional reinsurance. Last year’s decision to issue an additional 2.099 billion bonus shares that saw the State’s capital base […]

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]]> Rwanda Waives Visa Fees for Africans https://www.kenyanenterprise.com/sites/georginakorir/article/rwanda-waives-visa-fees-for-africans/ Tue, 10 Mar 2020 20:50:33 +0000 http://www.inversk.co.ke/?p=7174 Following its cabinet’s approval, the Rwandan government has waived visa fees for African visitors. Visa entry requirements to the citizen member states of the African Union, Francophone Nations, and the commonwealth were dropped by the cabinet in a meeting held on Friday, March 6. The move is set to boost tourism in the African Union […]

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]]> Kenya Starts Promoting BT Cotton Farming https://www.kenyanenterprise.com/sites/georginakorir/article/kenya-starts-promoting-bt-cotton-farming/ Tue, 10 Mar 2020 20:49:45 +0000 http://www.inversk.co.ke/?p=7172 The Kenyan government through the ministry of agriculture has  set100 demonstration farms for cotton farming to aid the commencement of BT cotton’s commercialization. Counties that fall in the Lake Region Economic Bloc will be given priority, due to the presence of favorable weather conditions for the growth of BT cotton. This, according to Peter Munya, […]

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]]> 583 Staff Members Laid off From Choppies https://www.kenyanenterprise.com/sites/georginakorir/article/583-staff-members-laid-off-from-choppies/ Wed, 04 Mar 2020 21:07:02 +0000 http://www.inversk.co.ke/?p=7075 Since September last year, a total of 583 staff members have been laid off by retail Chain, Choppies Supermarket, as it struggles to remain afloat in the highly competitive supermarket business. The Union is in court seeking to have the retailer settle all the affected staff’s dues before it completely exits the Kenyan market. According […]

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]]> Stanbic Appoints Patrick Mweheire as New CEO https://www.kenyanenterprise.com/sites/georginakorir/article/stanbic-appoints-patrick-mweheire-as-new-ceo/ Wed, 04 Mar 2020 21:01:38 +0000 http://www.inversk.co.ke/?p=7072 Effective 3rd March 2020, Patrick Mweheire, immediate former chief executive of Stanbic Bank Uganda, is the new chief executive of Stanbic Holdings plc. Gregory Brackenridge has retired after being at the helm since 28 July 2016 for Mr Mweheire to take over. Mweheire holds an MBA from Harvard University, has over 25 years banking, capital […]

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