Markets
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Safaricom to consider Huawei as supplier for 5G network
By Natasha Agunda | Telecom giant Safaricom is considering partnering with china’s Huawei as it rolls out its fifth generation…
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Longhorn Publishers records 4% increase in half year pre-tax profit
Longhorn Publishers has announced an unaudited result for half year period ended December 31, 2019 with a recorded increase of…
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Kenya’s small traders now eye India, as coronavirus scare shuts them out
The multiplication of the deadly coronavirus (COVID-19) has continued to cause panic worldwide, with the World Health Organisation (WHO) saying…
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China inflation surges to over 8 years as coronavirus death toll hits 900
China Consumer Price Index (CPI) rose at their highest rate in more than eight years, official data showed Monday, with…
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Kenyan shilling strengthens on inflows from remittances
The Kenyan shilling strengthened on Monday supported by inflows from remittances and offshore investors interested in buying government bonds, traders…
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EABL half year pre tax profit rises 9 p.c to Kshs.10.6 billion
East African Breweries Limited (EABL) has announced a pre-tax profit of Ksh10.6 billion during the half-year ending 31 December 2019,…
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DTB Bank Kenya taps Anti Money Laundering expert for a board role
Diamond Trust Bank Kenya Limited has retained a globally renowned anti-money laundering and banking operations expert as a non-executive Director.…
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E.A Cables in talks to restructure its current loans after liquidation suit
Cable Manufacture East African Cables has announced that it is in the process of restructuring nearly a fifth of its…
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SBM Bank files petition to liquidate E.A Cables over Ksh285m loan
Listed electrical cables manufacturer, East African Cables risks closing its business after SBM Bank (Kenya) filed a petition in the…
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CBK signals commercial banks to lower lending rates
Hope for cheaper loans to Kenyans received a further boost on Monday when Central Bank of Kenya’s (CBK) Monetary Policy…
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