Author: NBM CORRESPONDENT

The Kenya Defence Forces, in a concerted effort to enhance road safety standards in its operations, completed a two-day benchmarking exercise at Bamburi Cement Plc. The exercise centered on the role of data and technology in driver, vehicle, journey, load, and contractor management – critical pillars used to address road safety and responsible driving behaviors at the listed cement company. It included visits to the Bamburi Special Products (BSP) and Nairobi Grinding Plant in the Industrial Area and Athi River respectively. Speaking during the visit, Colonel Boniface Chomba, the head of Kenya Army Corps of Transport’s (KACT) delegation, said the…

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The Aga Khan University Graduate School of Media and Communications (GSMC) has launched a two-year Master of Arts in Strategic Communications programme as it seeks to expand its influence on communications training in the region. It will provide a range of electives including health and development, political, financial and investor relations and environment as well as climate change programmes. “This programme has been designed to address the unique and complex challenges facing communication professionals, policymakers, corporates, risk and crisis communication teams, government entities and leadership in the developing world,” said GSMC Dean, Prof. Nancy Booker. The new programme, whose course…

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China’s thriving outbound tourism boosts global economic recovery By Zhang Jinruo, Huang Peizhao, Xu Hailin The past Chinese New Year holiday witnessed significant increase on China’s outbound tourism. According to statistics released by the country’s Ministry of Culture and Tourism, about 3.6 million overseas trips were made by Chinese tourists during the holiday. International observers said that the increase has not only contributed to the growth of the international tourism industry, but also provided a boost to the global economic recovery. On the second day of the New Year, the Siam Square, a shopping mall in Bangkok, Thailand, was crowded…

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For the next one month, Kenyans will enjoy reduced prices at the pump, as the government has cut the price per litre of petrol by Sh7.21 to reflect the crude price reduction on the international market. In a statement, the Energy and Petroleum Regulatory Authority (EPRA), in its mid-month review, said starting March 15 to April 14, 2024 super petrol price will reduce by Sh7.21 to Sh199.15/litre, diesel by Sh5.09 to Sh190.38/litre and kerosene (Sh4.49 to Sh188.74/litre. “In accordance with Section 101 (y) of the Petroleum Act 2019 and legal Notice No. 192 of 2022, EPRA has calculated the maximum…

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By George Sayagie Establishment of Wildlife Tourism College in Masai Mara heralds a new era of empowerment for local youths in Narok County It’s a new dawn for tourism as the first-ever Wildlife Tourism College(WTC) is set to be launched mid this month in Maasai Mara, Narok County. The college, formerly Koiyaki Guiding School before remodelling itself to a full-fledged Technical and Vocational Education and Training college, is at the heart of the tourism cradle, the Pardamat Conservation area in Narok West sub county. President William Ruto is scheduled to inaugurate it on March 17, marking a significant milestone in…

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By Associated Press Microsoft said Friday, March 8, it’s still trying to evict the elite Russian government hackers who broke into the email accounts of senior company executives in November and who it said have been trying to breach customer networks with stolen access data. The hackers from Russia’s SVR foreign intelligence service used data obtained in the intrusion, which it disclosed in mid-January, to compromise some source-code repositories and internal systems, the software giant said in a blog and a regulatory filing. A company spokesman would not characterize what source code was accessed and what capability the hackers gained…

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Introducing the Latest Issue of Nairobi Business Monthly! Uncover the Truth Behind Power Outages! In our feature article, “The Vendors of Blackouts,” we dissect the performance of Kenya Power and Ketraco. Despite their crucial roles in the energy sector, both have fallen short of expectations. Discover the reasons behind their failures and their impact on consumers like you. Get exclusive insights into: Kenya Power’s mandate vs. reality: Are they meeting your electricity needs? Ketraco’s transmission challenges: Why is seamless power delivery still a dream? The consequences of inefficiencies: How frequent blackouts are affecting businesses and households. Don’t miss this eye-opening…

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One of the richest Nigerian business leaders, billionaire Herbet Wigwe, was buried at the weekend after a helicopter that he and his family were flying in crashed in the California desert. Mr Wigwe, 57, who was the co-founder of Access Bank, one of the biggest lenders in Nigeria, was buried in his hometown, Isiokpo, in Rivers State on Sunday alongside his wife and son, who also perished in the crash. Two pilots and a former president of the Nigerian Stock Exchange died in the crash. The burial came after a week-long funeral rites that took place in the country’s commercial…

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