Stanbic gets free CEO from head office

Stanbic Bank has made history in executive pay reporting with the disclosure that its chief executive, Greg Brackenridge, works for the company at no cost. Stanbic Holdings – the bank’s parent firm…

Top architect wants trees inside houses

Emma Miloyo’s office is a rich art gallery from the floor, walls, ceiling to the furniture. The president of the Architectural Association of Kenya says she ‘‘snaps creative pieces from everywhere and…

70,000 barrels of oil ready for pilot export

Kenya has already stored 70,000 barrels of crude in Lokichar in readiness for transportation to the Port of Mombasa by specialised lorries for exportation. Principal Secretary Andrew Kamau said Kenya is now…

Turkana power line halt signals high bills

A Nyandarua farmer has obtained court orders stopping construction of the electricity transmission line linking Lake Turkana wind farm to the national grid in a move that could cost consumers billions of…

GE buys Sh40bn stake in Lamu coal plant

American energy firm GE Power has bought a Sh40 billion stake in the Centum-fronted 1,050MW Lamu coal-fired electricity generation plant. GE Power’s Chief Commercial Manager Michael Keroulle’ yesterday said the deal will…

Uber now set to bring food to your doorstep

Uber has started piloting its food delivery service in Nairobi in readiness for its official launch in the coming weeks. The service dubbed UberEats will be under an independent application, available on…