Business
KCB board proposes Ksh.3.2 bn dividend after recording Ksh.30 bn net profit
November 16, 2022
KCB board proposes Ksh.3.2 bn dividend after recording Ksh.30 bn net profit
The Kenya Commercial Bank (KCB) board has proposed a dividend of Ksh.3.2 billion after it reported a Ksh.30 billion net…
Govt sets limit, conditions to access Hustler Fund before roll out December
November 16, 2022
Govt sets limit, conditions to access Hustler Fund before roll out December
The Kenyan government has capped the Hustler Fund at Ksh.50,000 with the kitty is expected to be rolled out this…
Kenyans to spend 17% less this Christmas – report
November 16, 2022
Kenyans to spend 17% less this Christmas – report
A study has been dawn to indicate a behavioural pattern on how millions of Kenyans will spend this Christmas season…
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…