Business

National Bank net profit down 24% to Ksh.886 million in Q3

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

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

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

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

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

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

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

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

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

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…
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