Nairobi

Nairobi is a busy modern city of between three and four million people and it is the de facto commercial capital of East Africa. Most businesses are headquartered in the city centre or in the industrial area to the southeast.Country and regional offices for the many international humanitarian organ...

Nairobi News

Nairobi most expensive city in Africa

Reasons include rising cost of living and new taxes Nairobi is Africa’s most expensive city according to a report by the Economist Intelligence Unit (EIU). The Worldwide Cost of Living 201...
Nairobi News

Toyota Tsusho invests in Nairobi

Japanese conglomerate Toyota Tsusho Corporation has established a regional headquarters in Nairobi, joining other multinational companies already operating in the regional hub, such as America's Gener...
Nairobi News

Fuel prices rise again in Kenya

  New fuel prices in Kenya have been announced by the Energy Regulatory Commission (ERC) and take effect from 15 October until 14 November. In Nairobi super petrol has increased by Sh6.31...
Nairobi News

South Korean strengthens ties with Kenya

The University of Nairobi is to establish a South Korean Study Centre following an agreement with the Korean Foundation, an independent organisation affiliated to South Korea's foreign affairs ministr...
Nairobi News

World Bank’s global hub in Nairobi

The World Bank opened a new global network in Nairobi on 22 February to provide greater assistance to more than 30 conflict-affected countries, most of which are in Africa and the Middle East. The...
Nairobi News

MasterCard opens hub in Nairobi

Multinational financial payments system MasterCard has established a regional hub in Nairobi to serve the east African market and Mauritius. MasterCard said that its new base in the Kenyan capital...
Nairobi News

Fuel prices continue to rise in Nairobi

The prices of kerosene, diesel and petrol in Kenya have risen further following a decision by the Energy Regulatory Commission (ERC) to increase the cost of petrol, diesel and kerosene by 4.21, 2.61 a...
Nairobi News

Kenya to increase minimum wage

The Kenyan government has announced that it is to raise the minimum wage and abolish taxes on kerosene, which is used by low-income families for cooking and lighting. The country
Nairobi News

Africa suffers from week of Europe's airport closures

Africa has not been spared the negative effects of disrupted air transport and business across much of Europe caused by ash fallout from the Icelandic volcano. Horticultural and agricultural expor...
Nairobi News

Toyota to expand operations in Kenya

Japanese motor vehicle giant Toyota is to establish a regional African headquarters in Nairobi. A Toyota spokesman said the group planned to expand its operations in the east Africa region and increas...
Nairobi News

Islamic banks in Kenya

Islamic banks in Kenya account for one per cent of gross assets in the banking sector, the Central Bank of Kenya (CBS) has said. Gulf African Bank and First Community Bank, the two Islamic banks curre...
Nairobi News

Nakumatt Mega begins 24hour opening.

Nakumatt Mega on Nairobi
Nairobi News

Safaricom IPO applicants await refund.

There is frustration among participants in the recent Safaricom initial public offering (IPO) as stockbrokers continue to withhold repayment after the share issue was heavily oversubscribed. In Marc...
Nairobi News

Safaricom launches IPO.

Local and international investors will be watching the Nairobi stock exchange for the next two weeks as Kenya
Nairobi News

Aid in Africa: Kenya second recipient of remittances to Africa.

Kenya is the second main recipient of foreign exchange remittances in sub-Saharan Africa after Nigeria according to a working paper released by the International Monetary Fund (IMF). It is estimated t...
Nairobi News

Top salaries for top managers in Kenya.

Top managers in Kenya have more disposable income than their counterparts in many industrialised countries according to a survey ranking salaries of chief executives in 48 countries worldwide. The Wor...
Nairobi News

Housing price slump in Nairobi.

There is bad news for property owners and developers in Nairobi as the 2003-2005 housing boom is creating its first casualties,
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