Corporate
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Kakuzi records 3% drop in HY results
Kakuzi has recorded a marginal drop of 3 percent in its half-year pre-tax profit to record Ksh.276.7 million compared to…
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Cytonn threatens to sue CMA over defamation
Cytonnn Investment is threatening to sue Capital Markets Authority (CMA) over defamation against the brand arguing that the authority was…
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Stanbic half year profit up Ksh.3.5 billion, approves Ksh.1.70 dividend per share
Stanbic Holdings earnings surged by 34.6 percent to record Ksh.3.5 billion in six months to June 2021 compared to Ksh.2.6…
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Safaricom inks deal with NSE to let customers invest using Bonga points
Safaricom has inked a deal with the Nairobi Securities Exchange (NSE) to enable Kenyans to invest in stocks using their…
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Kenya Power MD Bernard Ngugi resigns
Kenya Power and Lighting Company (KPLC) Managing Director Benard Ngugi has resigned. He has quit the post after he joined…
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Standard Chartered half-year profit up 37%
Standard chartered has posted a thirty-seven percent pretax profit for the half-year ending 30th June 2021. The lender says this…
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Sameer Africa revenue drops 27%
Sameer Africa has posted a Ksh.202 million pretax profit for the six months ended June 30 this year. The number…
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Mumias Sugar Company Receiver Manager restarts leasing process
Mumias Sugar Company receiver manager Ponangipalli Venkata Rao has restarted the leasing process of the sugar miller. He was given…
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Safaricom increases skiza revenue share by 33%
Safaricom has announced an increase in Skiza revenue share for artists and content creators by 33 percent. More than 20,000…
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CMA to sue WPP Scangroup
Capital Markets Authority (CMA) is taking legal action against WPP Scangroup over unapproved further extension in the delay of publication…
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