Sandra Atieno
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Corporate
Kenya Power receives Ksh.6 billion to power 2.4 million homes
The government has increased its allocation for subsidized home connections to the national grid by Ksh.1.48 billion for the fiscal…
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News
Kenyans living abroad sent home Ksh.42.05 billion in March, highest in history
Kenyans living and working abroad sent home Ksh.42.05 billion in March this year, the highest inflows ever sent in a…
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Corporate
KQ cuts staff by 3% to 3544 to save on operating cost
Kenya Airways (KQ) cut its manpower from 3652 in 2020 to 3544 in 2021 to represent a three percent cut…
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Economy
TSC allocated Ksh.2.5 billion for recruitment of teachers
The Teachers Service Commission (TSC) has been allocated Ksh.2.5 billion for recruitment of teachers.This was revealed by National Treasury Cabinet…
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Agriculture
Fertilizer subsidy kitty allocated Ksh.2.7 billion of Ksh.3.3 trillion 2022/23 budget
The Agricultural sector has remained to be the largest contributor to Kenya’s Gross Domestic Product (GDP), a sector President Uhuru…
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Commodities
Tullow Oil Kenya staring at a further Ksh.30 billion loss over license delay
The value of Tullow Oil’s Kenya assets could plummet by close to Ksh.30 billion if the Government fails to grant…
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Business
Jubilee Insurance acquires ex-Coca-Cola office at Ksh.1.1 billion
Jubilee Holdings Limited has paid Ksh.1.1 billion for Coca-Cola East Africa’s former offices in Nairobi’s Upper Hill, with the insurance…
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Commodities
Government owes Oil Marketers Ksh.13 billion, reason behind fuel shortage
Oil Marketing Companies (OMC) in Kenya have made a number of demands to the Government, including the immediate payment of…
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Agriculture
Large scale farmers excluded from Ksh.5.7 billion fertilizer subsidy fund
The Ministry of Agriculture has reduced the number of bags per producer to 10, a move which excludes the country’s…
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Corporate
I&M Bank net profit up 2.5% to Ksh.8.62 billion in 2021 full year earrings
I&M Holdings has recorded a 2.5 percent increase in net profit to Ksh.8.62 billion for the full year ended December…
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