Month: May 2022
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Corporate
I&M bank Q 1 profit up 44.4% to Ksh.2.6 billion
I&M bank posted a 44.4 percent jump in its 2022 quarter one net profit of Ksh.2.6 billion from Ksh.1.8 billion.…
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NEWS
Absa enters into an ATM deal with Kenswitch
Kenswitch Kenya Limited and Absa Bank Kenya Plc have entered into a deal that will allow the bank’s customers to…
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Health
Kenya rolls out Ksh.600 million telemedicine in marginalised areas
Kenya is set to unveil plans to address the deficit of requisite medical personnel in the rural areas through a…
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Sport
Todd Boehly buys Chelsea FC from Abramovich at Ksh.364.6 billion
The UK government has approved the sale of Premier League football club Chelsea to a consortium led by Los Angeles…
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Economy
Gladys Wanga lead MPs to shoot down proposed tax hikes in Finance Bill, 2022
Homa Bay Woman Rep Gladys Wanga, who chairs the National Assembly Finance Committee has rejected the proposals to increase taxes…
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Regions
Texas school shooting leaves 19 children, 2 teachers dead
An 18-year-old gunman opened fire Tuesday at a Texas elementary school, killing at least 19 children and two teachers as…
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News
PSC announces 18 job vacancies; how to apply
The Public Service Commission (PSC) has announced 18 job vacancies in its latest job advertisements. PSC has set June 13,…
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Economy
Kenya, Uganda railway line upgrade to cost Ksh.15 billion
Both Kenya and Uganda have entered into an agreement to upgrade the old Metre Gaige Railway (MGR) to ease the…
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Corporate
Paul Russo to replace Joshua Oigara as KCB boss
Joshua Oigara’s term at the Kenya Commercial Bank (KCB) has come to an end following a ten-year reign at one…
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Economy
High Court thwarts Humphrey Kariuki’s Ksh.17 billion tax evasion claim by KRA
Businessman, Humphrey Kariuki’s Ksh.17 billion tax evasion onslaught by the state has been thwarted by the High Court. In a…
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