Nyeri County Business & Economics

Sacked CECs are signatories to bank accounts

standardmedia.co.ke

Sacked CECs are signatories to bank accounts


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Nyeri County seek to cash in on campaigns with Finance Bill

standardmedia.co.ke

Nyeri County seek to cash in on campaigns with Finance Bill


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Nyeri governor aspirant fights sues bank for seeking to sale his Sh25 billion estate

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Nyeri governor aspirant fights sues bank for seeking to sale his Sh25 billion estate


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Battle of billionaires in race for Nyeri governor

the-star.co.ke

Battle of billionaires in race for Nyeri governor


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Government releases Sh.1.2 billion owed to suppliers | KBC TV

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Government releases Sh.1.2 billion owed to suppliers | KBC TV


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Kenya named among prosperous states in Africa

nation.co.ke

Kenya named among prosperous states in Africa


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Work at Karatina open air market resumes after 6 years

nation.co.ke

Work at Karatina open air market resumes after 6 years


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Business & Economics - Nyeri County

  • Nyeri governor aspirant fights sues bank for seeking to sale his Sh25 billion estate
    Nyeri governor aspirant fights sues bank for seeking to sale his Sh25 billion estate

    , standardmedia.co.ke

    A governor aspirant has gone to court to stop a financial institution from auctioning his Sh25 billion estate. Githinji Kinyanjui and his company, Green Africa International Ltd, accused Jamii Bora Bank of illegally seeking to sell the prime real estate in Nyeri town to settle a Sh369 million loan in violation of an agreement they had on how to settle the debt
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    Categories: Business |  Law & Crime | 
    Places: Kenya |  Sub-Saharan |  E. Africa |  Nyeri | 

Corporate

  • Kihiu Mwiri farmers sue firm they claim grabbed their land
    Kihiu Mwiri farmers sue firm they claim grabbed their land

    , nation.co.ke

    than 3,500 members of the controversial Kihui Mwiri Farmers’ Company have gone to court protesting that their 134 acres of land in Murang’a County have been grabbed by a private investment company. The group’s director Phares Mwangi Njoroge, told the Nyeri Land and Environment Court Judge Abigail Mshila that Breeze Investment Company has encroached into the Mitubiri/Wempa (Kenyatta Farm) land without their authority. He said the company is erecting live
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    Categories: Farming |  Business | 
    Tags: Farmers |  Corporate |  Companies |  Enterprises | 
    Places: Kenya |  Africa |  Sub-Saharan |  E. Africa |  Central |  Nyeri |  Murang'a | 

Enterprises

  • Sasini generates own electric power to increase profits
    Sasini generates own electric power to increase profits

    , techmoran.com

    By Joseph Njung’eh. The Sasini Group Company has launched a giant biogas project generating 150 kilowatts electric power in efforts to cut cost of production. The company’s managing director, Moses Kiplagat said the project worth Shs.60 million situated at Mweiga Farm Nyeri will go a long way in increasing profits which will also reflect into the shareholders’ accounts. Kiplagat said the energy produced from dung of more than 300 cows
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    Categories: Business | 
    Tags: Corporate |  Enterprises |  Profits | 
    Places: Kenya |  Africa |  Sub-Saharan |  E. Africa |  Central |  Nyeri | 

Money

  • Battle of billionaires in race for Nyeri governor
    Battle of billionaires in race for Nyeri governor

    , the-star.co.ke

    The race for Nyeri governor is easily shaping up to be a battle of billionaires in a county where many elected leaders have only served a single term. Other than the incumbent Nderitu Gachagua, the race has attracted former Mathira MP and controversial roads contractor Ephraim Maina (who has yet to declare), popularly known as Kirinyaga, and 2013 TNA candidate Wahome Gakuru. Also eyeing the seat are businessman and industrialist
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    Categories: Business | 
    Tags: Money |  Wealth |  Billionaires | 
    Places: Kenya |  Africa |  Sub-Saharan |  E. Africa |  Central |  Nyeri |  Mathira | 

Markets

  • Government releases Sh.1.2 billion owed to suppliers | KBC TV
    Government releases Sh.1.2 billion owed to suppliers | KBC TV

    , kbc.co.ke

    By Claire Wanja. The Ministry of Public Service, Youth and Gender Affairs has released Sh.1.2 billion owed to suppliers under Access to Government Procurement Opportunities (AGPO) initiative. Cabinet Secretary Sicily Kariuki speaking over the weekend when she launched the Digital Literacy Programme at Kiaritha-ini primary school in Mathira constituency said half of the money goes to suppliers who conducted business with National Youth Service (NYS). “These were tenders awarded last
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    Categories: Politics & Government |  Business | 
    Tags: Government |  Markets |  Suppliers | 
    Places: Kenya |  Africa |  Sub-Saharan |  E. Africa |  Central |  Nyeri |  Mathira | 

Companies

  • Sasini issues profit warning for year ending Sept
    Sasini issues profit warning for year ending Sept

    , nation.co.ke

    By CHARLES MWANIKI Listed agriculture firm Sasini has issued a profit warning for the year ending September 2016, attributing the drop to the effect of the one-off gain on a land sale made last year. Sasini’s profit in the year ending September 2015 had been boosted massively by the sale of 513.7 acres of its land in Nyeri for Sh1 billion. The sale pushed the firm’s net earnings to Sh1.1
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    Categories: Business | 
    Tags: Corporate |  Companies |  Enterprises |  Profits |  Profit warning | 
    Places: Kenya |  Africa |  Sub-Saharan |  E. Africa |  Central |  Nyeri | 

Banking Institutions

  • Finance CS Rotich says AFC to be agro-bank
    Finance CS Rotich says AFC to be agro-bank

    , the-star.co.ke

    The Agricultural Finance Corporation will transform into an agro-bank to streamline its operations to the standards of a fully fledged financial institution. Finance CS Henry Rotich said this will ensure AFC gets extra funding.This year, the National Treasury allocated AFC Sh300 million. Speaking in Nanyuki, when he commissioned an AFC branch that will serve Laikipia, Nyeri and Meru farmers, Rotich said a consultancy firm is working on the technicalities and
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    Categories: Business | 
    Places: Kenya |  Africa |  Sub-Saharan |  E. Africa |  Eastern |  Meru |  Central |  Nyeri |  Rift Valley |  Laikipia | 

Finance

  • Sacked CECs are signatories to bank accounts
    Sacked CECs are signatories to bank accounts

    , standardmedia.co.ke

    SUMMARY Counties that have fired county executives for finance may not be able to draw any money, after the CBK issued regulations to guide the change of signatories CBK announced that the CEC member for finance and the current signatories are still authorised to transact and are accountable for the operations of those accounts until advised otherwise Affected counties are Nakuru, Mandera, Kwale, Elgeyo Maralwet, Taita Taveta, Nyeri, West Pokot and Uasin Gishu The chaotic transition that has seen new governors sack executives is expected to paralyse financial operations in some counties
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    Categories: Business | 
    Places: Kenya |  Africa |  Sub-Saharan |  E. Africa |  Kwale |  Mandera |  Nyeri |  Nakuru |