Carbacid Investments, the leading supplier of pure natural carbon dioxide gas in East Africa, recorded a 51 percent growth in its pre-tax profit to Ksh232.5 million during the half year period ended January 31, 2020.
profit jump was mainly driven by a swing in the revaluation
Smallholder tea farmers under Kenya Tea Development Authority (KTDA) delivered 150.5 million kilogrammes of green leaf in January 2020, the highest ever amount recorded by KTDA-managed factories in a single month, driven by heavy rains that spilt over from 2019.
The January amount is 15% above
A boda boda rider has been shot and seriously injured at Mama Lucy Kibaki Hospital in Umoja 3 estate, Nairobi County.
Reports indicate that the rider was shot by a police officer following a confrontation when the rider wanted to access the premise using his motorcycle.
Comedian Njugush known in private life as
Timothy Kimani has been voted the 2019 Most Influential Young Kenyan in the 3rd
annual ranking poll of influential young Kenyans organised by leading African
PR & Rating firm, Avance Media.
The ranking of 100 young extraordinary
young Kenyans which also features 56
The National Treasury chaired by Cabinet Secretary Ukur Yatani has presented spending estimates totalling Ksh.2.91 trillion to the National Assembly for approval ahead of the commencing of the 2020/21 fiscal year.
The submissions contained in the 2020 Budget Policy Statement published last week are on the
Safaricom has announced the introduction of SIM cards with
the 0110 and 0111 prefixes at all Safaricom Shops and dealer outlets
The new-prefix sim cards will be available free of charge at
the outlets with customers only required to activate their lines with a top up
of KES 50
Former Sports Cabinet Secretary Rashid Echesa alongside three others were on Monday freed on a Ksh3 million bail each after denying fraud claims levelled against them in a military arms deal.
Echesa was on Monday arraigned alongside Daniel Otieno
Omondi alias General Juma, Clifford Okoth Onyango alias
The National Treasury is now eyeing private financing to
fund President Uhuru Kenyatta’s projects valued at Ksh1.1 trillion.
Treasury is betting on the public-private partnership (PPP) to finance one-third of President Kenyatta’s projects.
During the 2020 Budget Policy Statement tabled before Parliament by Treasury Cabinet Secretary Ukur Yatani
SportPesa has suffered another setback after English Premier League side Everton announced plans to terminate the partnership.
"Everton Football Club will end its partnership
agreement with SportPesa at the end of the current season," reads a statement in the club's portal.
Everton has been SportPesa’s prime partner since
Two local stock brokerage firms, AIB Capital and Apexafrica Capital have announced plans to merge their respective stock brokerage, bond trading, research and corporate finance businesses in Kenya to operate under a joint venture company.
They have entered into a binding
agreement that will see the shareholders