Category: Nairobi
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Court clears the way for Nairobi Hospital to hold annual meeting
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The High Court has paved the way for Nairobi Hospital to hold its Annual General Meeting (AGM). Justice Peter Moloa, in a ruling on November 4, ordered the AGM to be held within 30 days from the date of the decision, and a report to be submitted to the court.…
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Nairobi county staff wins in EACC Sh643m asset forfeiture bid
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The High Court has dismissed a case brought by the anti-graft body seeking the confiscation of over Sh643 million in assets and funds belonging to Wilson Nashun Kanani, a Nairobi County employee and co-director of the 1824 Popular Club on Langata Road. Judge Nixon Sifuna said that Al-Kanani and his…
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145 factories face closure over Nairobi River pollution
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The Ministry of Environment has warned that it will close 145 factories and slaughterhouses over dumping solid waste into the Nairobi River. This comes as Cabinet Secretary for Environment, Aden Duale, announced the recruitment of 10,000 youth to clean up the polluted Nairobi River. Duale told the National Assembly’s Defence,…
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AGM or EGM? Inside the big fight at Nairobi Hospital
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First, there was a call for an annual general meeting of members of the Kenya Hospitals Association (KHA), which runs Nairobi Hospital. This was soon followed by a court order and a request for an extraordinary general meeting. An annual general meeting is an annual meeting held by companies to…
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Value of Nairobi building approvals up 20pc
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Data from the Kenya National Bureau of Statistics showed that the value of buildings approved for construction in Nairobi County rose by 20.45 percent in the first half of the year to Sh98.8 billion, thanks to a raft of newly scheduled projects. Figures show that the value of buildings approved…
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Nairobi Hospital owners’ bid to eject board halted
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The management of Nairobi Hospital has obtained an injunction restraining the owners of the health facility from distributing a notice demanding their removal from office. The order by the Milimani Commercial Magistrate’s Court provides relief to the board, which has come under heavy criticism from a section of the Kenya…
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Nairobi in world’s cheapest cities list on weak shilling
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Nairobi has now become among the cheapest cities in the world this year for expatriates whose purchasing power has increased amid a weaker shilling, according to the latest ranking by consultancy Mercer. The Kenyan capital is ranked 201st in the 2024 Cost of Living City Ranking, down 28 places from…
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Nairobi in world’s cheapest cities list on weak shilling
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Nairobi has now become among the cheapest cities in the world this year for expatriates whose purchasing power has increased amid a weaker shilling, according to the latest ranking by consultancy Mercer. The Kenyan capital is ranked 201st in the 2024 Cost of Living City Ranking, down 28 places from…
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CMA clears three more firms to trade at Nairobi coffee auction
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The Capital Markets Authority has granted full coffee brokerage licenses to three companies, allowing them to trade on the Nairobi Coffee Exchange (NCE). The regulator also granted a six-month extension to a special licence allowing New Kenya Planters Co-operative Union Plc (NKPCU) to trade as a coffee broker. The special…
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Blow as AfDB exits Nairobi waste power plant project on delays
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The African Development Bank (AfDB) has exited a multi-billion shilling renewable energy project in Nairobi’s Kibera slum due to repeated delays in the procurement of services to kick-start the project. The continental lender had in January 2018 awarded Asticom Kenya Limited a grant of $995,000 (Sh128.8 million at current exchange…
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Nairobi Water eyes Sh2bn for pension debt
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The Nairobi City Water and Sewerage Company (NCWSC) has been given the green light by the Nairobi County Government to avail a Sh2.17 billion long-term business loan to settle outstanding pension debts and avoid mounting penalties. NCWSC, a wholly-owned subsidiary of the Nairobi County Government, owes money to the Local…