By Luke Kannemeyer The slow vaccine rollout in Africa threatens the prospect of an economic bounce-back benefitting domestic workers, who are among the worst affected by the economic fallout of the pandemic. This is particularly relevant considering their reliance on the income of their employer, and their frequent
Bamburi Cement has changed its name from Bamburi Cement Limited to Bamburi Cement PLC, following registration of the new name in line with provisions of the Section 53 of the Companies Act 2015. The Act requires companies that are both a limited company and a public company to be
The ministry of health is warning that the COVID-19 could overwhelm the country’s health care systems as numbers continue to spike. This as the government extended the countrywide 10 pm to 4 am curfew including in the lake region counties. And as the pandemic bite continues to deepen
ILAM Fahari I-REIT, has posted a 51 percent loss in six months to June this year. The ICEA’s asset management arm registered Ksh.52.8 million growths from Ksh.48.5 million recorded in the previous year over increased property expense noting reduced cash for investment due to loss of rental
Safaricom shareholders gave a nod for the setting up and incorporation of the Safaricom Telecommunications Ethiopia PLC, the company which will begin operation in Ethiopia in January 2022. The stakeholders voted Friday last week by a majority to allow Safaricom to subscribe for shares in Vodafamily Ethiopia
East African Breweries Limited (EABL) recorded a 15 percent growth in revenue to Ksh.86 billion for the year ended June 2021. The company’s profit before tax went up two percent to Ksh.10.9 billion. The slower profit growth rate was driven by the impact of cost inflation, adverse
Kenya’s leading motor vehicle distributor, Toyota Kenya has partnered with Pride Drive, a corporate car hire company to provide safe transport to corporate employees, during this period of COVID-19 pandemic. The partnership was witnessed, Thursday, during the handing over of a total of 18 HINO Kenya buses by
Two people were killed and one seriously injured after a lorry landed into a ditch at Muvuti area in Machakos-Kikima area on Thursday. According to Machakos traffic police Mr. Ben Chilwel, the driver lost control when lorry suffered brake failure and crashed into a ditch. Mr. Chilwel said the
The Senate Energy Committee held a sitting on Thursday to deliberate high taxes and levies on petroleum products including cooking. Ministry of petroleum and mining officials were hard-pressed to explain why Kenyans are paying more for fuel and cooking gas. Narok Senator Ledama ole Kina, a member of the
One of Kenya's leading betting firms Odibets has introduced a new cash out feature that is set to change the game in the betting industry. The cash out feature allows one to take an early payout on their bets before they are settled, meaning one is able to
