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THE BATTLE FOR AFRICA’S RESOURCES: CBC Pushing For Australian Miners Into Africa

Having brokered about $4.5 billion in investments and business deals over the past nine months, the high-powered Commonwealth Business Council is spearheading a push by Australian miners into Africa channeling investments in the resource sectors of Nigeria and Mozambique. The CBC has set an ambitious target of $10bn worth of new deals before the end … Continue reading

Kenya’s 4Billion Shilling Navy Ship Arrives After A Decade

A decade after its ordered purchase, one of Kenya’s controversial projects linked to the Anglo leasing scandal is expected to sail into the coast of Mombasa on August 27th 2012 Kenya Navy’s newest warship dubbed “KNS Jasiri” is to be commissioned by President Mwai  Kibak upon its arrival. The navy ship project was among those … Continue reading

Brokers ponder court action over NSE ownership

The planned change of ownership at the Nairobi Securities Exchange (NSE) has hit yet another obstacle after the capital markets regulator differed with stockbrokers over the new shareholding structure. The move by the brokers aims to squeeze two fallen stockbrokers within the government’s stake after they were left out in the initial arrangement, instead of … Continue reading

Social Network-The Gateway To Business Growth

Kenyan businesses looking for fresh growth momentum in the next three years must adopt new media as a key platform for engagement with customers and employees, a new survey has revealed. The world’s top business leaders now see technology as a key determinant of organization success and a factor of production they must give more … Continue reading