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KCB board proposes Ksh.3.2 bn dividend after recording Ksh.30 bn net profit

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

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

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

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…
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