Corporate
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Kenya Power posts Ksh.3.8 billion net profit in six months to December
Kenya Power registered a Ksh.3.8 billion net profit in six months to December 31, 2021, on the back of ongoing…
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Equity Bank inks deal with Kenyan varsities to ready students for job market
Equity Group in partnership with Microsoft launched a virtual hackathon open to students from The University of Nairobi (UoN) and…
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Looming strike at Kenya Power over intended lay off plan
Kenya power employees threaten to go on strike over plans to lay off almost 2000 staff members through voluntary early…
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Centum hands over Riverbank apartment financed by Ksh.3 billion equity bond
Centum Real Estate has completed the construction of the development project named Riverbank located in Nairobi’s affluent Blue Diplomatic Zone…
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KMRC’s first corporate bond oversubscribed by 480% to Ksh.8.1 billion
Kenya Mortgage Refinance Company’s (KMRC) first tranche of the Medium Term Note (MTN) was oversubscribed by 480 percent to collect…
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SACCOs challenged to develop fresh models to attract growth
Savings and Credit Cooperative Societies (SACCOs) have been directed to conduct their Annual General Meetings (AGM) before the end of…
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MPs summon Poster boss over unaccounted Ksh.168 million
The National Assembly’s Public Accounts Committee has summoned postmaster-general Dan Kagwe to account for Ksh.168 million from non-remittance that was…
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KRA loses case against Coca Cola in Ksh.3.7 billion tax batle
The Supreme Court has thrown out Kenya Revenue Authority’s (KRA) Khs.5.6 billion case against the Coca-Cola company. The Supreme Court…
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BAT Kenya shareholders to receive record dividend on profit rise
British American Tobacco (BAT) Kenya shareholders will receive a dividend payout of Ksh.50 per share after its net profit surged…
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Family Bank scoops top position in KBA’s 2021 customer satisfaction survey
Family Bank has been voted best bank in customer responsiveness and digital banking experience in a survey conducted by the…
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