Business
National Bank net profit down 24% to Ksh.886 million in Q3
November 16, 2022
National Bank net profit down 24% to Ksh.886 million in Q3
National Bank of Kenya (NBK) recorded Ksh.886 million net profit for the year ending September 30, 2022. This is a…
KRA boss Mburu appointed OECD Global Forum Vice Chair
November 15, 2022
KRA boss Mburu appointed OECD Global Forum Vice Chair
Kenya Revenue Authority (KRA) Commissioner General Githii Mburu has been appointed as the Vice Chairman of the Organisation for Economic…
NMG, Standard Group stocks tumble Tuesday to close as top losers
November 15, 2022
NMG, Standard Group stocks tumble Tuesday to close as top losers
Stocks appeared gloomy for the media industry on the Nairobi Security Exchange (NSE) when the two leading outlets, Nation Media…
Russian oil output to fall 1.4 million barrel per day as EU ban takes effect
November 15, 2022
Russian oil output to fall 1.4 million barrel per day as EU ban takes effect
Russian oil production will be hit hard starting next year as the European Union implements ban on seaborne exports of…
US stocks fall after prior week’s sharp gains as OPEC cuts demand growth forecasts
November 15, 2022
US stocks fall after prior week’s sharp gains as OPEC cuts demand growth forecasts
U.S. equities declined on Monday as Wall Street took a breather after scoring its best week in months after the…
China, Kenya deepen agricultural cooperation to enhance food security
November 15, 2022
China, Kenya deepen agricultural cooperation to enhance food security
China has been deepening agricultural cooperation with African countries via the establishment of low cost greenhouses, setting up crop breeding…
Fuel price drops by Ksh.1 in latest EPRA review
November 15, 2022
Fuel price drops by Ksh.1 in latest EPRA review
Price of fuel dropped by Ksh.1 in two consecutive months in fresh review by the Energy Petroleum and Regulatory Authority…
Kenya blacklists expensive creditors as Treasury seeks new facility from World Bank
November 11, 2022
Kenya blacklists expensive creditors as Treasury seeks new facility from World Bank
Kenya is banking on a concessional borrowing from potential creditors to help itself re-profile its liabilities including swap of expensive…
Uchumi Supermarket’s stocks up 4% to close day among top gainers
November 10, 2022
Uchumi Supermarket’s stocks up 4% to close day among top gainers
Uchumi Supermarket’s stocks edged up Thursday to emerge second among top gainers on the Nairobi Securities Exchange (NSE) when it…
Britam joins list of companies in commitment to fight climate change
November 10, 2022
Britam joins list of companies in commitment to fight climate change
Britam has joined other world leaders in committing to the United Nations Global Compact, committing towards upholding and protecting human…