On July 4, 1970, a boy and a girl entered the gates of the University of Nairobi hungry for knowledge. On July 4, 2020 exactly 50 years later the boy and the girl returned to their alma mater from where they once drank from the Fountain of Knowledge.

The University of Nairobi in partnership with China Communications and Construction Company, (CCCC) could soon set up an Engineering Research and Development Laboratory (R&D Lab). CCCC is the parent company which owns China Road and Bridge Company (CRBC), which is famous for the construction of mega structures in Kenya including the SGR.

This was revealed during a meeting between the University of Nairobi Vice Chancellor, Prof. Stephen Kiama and CCCC General Manager Mr. Li Changgui.

Trade turnover rose to Sh83 billion for the six months to June 30, compared to Sh79.2 billion in the corresponding period last year, new data shows. While the higher trade volume bodes well for stockbrokers, who rely on commissions earned from facilitating trading, investors have been counting their losses as share prices fell in the same period. Reference:https://www.businessdailyafrica.com/news/NSE-turnover-climbs-to-Sh83bn-in-six-months/539546-5586420-hi57uwz/index.html

4.4 million people filed taxes this year, compared to 3.6 million people who filed in 2019. KRA attributes the growth in tax filings to investment in the iTax system. READ MORE..

CBK collected KSh 118.174 billion from the domestic market in June through treasury bills and bonds auction.

In June the treasury bonds and bids were oversubscribed indicating huge investor appetite for government securities. READ MORE..

Safaricom  has appointed Ilanna Darcy as the interim chief financial officer, replacing Sateesh Kamath who is leaving to take up a similar role at a subsidiary of the telco’s parent company Vodafone Group Plc.

Ms Darcy has been the head of finance planning, analysis and investor relations at the Nairobi Securities Exchange-listed firm since February 2017.

The media has been asked to proactively highlight activities of institutions of higher learning to help solve some challenges facing communities. To this end, the University of Nairobi, the Star and Radio Africa Group in general have agreed to work closely for mutual benefit and for the benefit of the public.

The Vice-Chancellor, Prof. Stephen Kiama said that varsities are hubs of research and knowledge that if well harnessed will go a long way in addressing the day-today challenges facing communities.

Covid-19 pandemic has forced many organisations to critically re-evaluate the adequacy of their existing business continuity plan or if they have any? A business continuity plan is an important tool in underlining how organisations are to remain commercially operational under the most unusual situations.

CBK introduced the measures to encourage cashless payments on mobile phones because the government said avoiding the physical use of cash would help contain the spread of the virus in the country.

Under the CBK directive, mobile phone money transaction fees under Sh1,000 are free with banks removing charges for customers moving cash between their mobile wallets and bank accounts.

In an address to the University of Nairobi community, the Vice-Chancellor, Prof. Stephen Kiama announced that he has asked the Senate to review cases of suspended students with a view of readmitting them.

“A committee, chaired by Prof. Horace Ochanda, has been set up to review the cases of the expelled students and consider reinstatement,” he announced.  “We must exercise the core value of care. We need to give these students a second chance to complete their studies and graduate.”