Business
Over Ksh.80 billion short-term loan to be converted into long-term as Kenya struggles with debt repayment
November 30, 2022
Over Ksh.80 billion short-term loan to be converted into long-term as Kenya struggles with debt repayment
The Kenyan government is looking to convert short-term loans into long-term to subdue pressure arising from loan maturities. At least…
Ruto’s cabinet approves importation of 10 million bags of maize
November 30, 2022
Ruto’s cabinet approves importation of 10 million bags of maize
President William Ruto chaired a Cabinet meeting for the second time Tuesday and agreed on a number of variables to…
KenGen’s Q3 net profit up 61.7% to Ksh.4.7 billion
November 30, 2022
KenGen’s Q3 net profit up 61.7% to Ksh.4.7 billion
Kenya Electricity Generating Company PLC (KenGen) net profit grew by 61.7 percent to Ksh.4.7 billion for the year ended September…
Mumias investors holding Ksh.1.53 billion in outstanding shares as firm rolls back to shelves
November 29, 2022
Mumias investors holding Ksh.1.53 billion in outstanding shares as firm rolls back to shelves
Kenyan Supermarkets have begun restocking sugar from Mumias Sugar Company Limited following protracted court battles after it was put under…
Absa Bank Q3 profit up 30% to Ksh.10.7 billion
November 29, 2022
Absa Bank Q3 profit up 30% to Ksh.10.7 billion
Absa Bank’s net profit surged to Ksh.10.7 billion in nine months to September 2022. This is a 30 percent growth…
Family Bank feted bank of the year for SME lending in Agriculture
November 29, 2022
Family Bank feted bank of the year for SME lending in Agriculture
Family Bank has been recognised as Bank of the year for high-impact agricultural lending to Small, Medium Enterprises (SMEs) by…
Blow to govt as High Court suspends importation of GMO maize
November 29, 2022
Blow to govt as High Court suspends importation of GMO maize
High Court in Nairobi has stopped the Kenyan government from importing duty free Genetically Modified Organisms (GMO) maize. This deals…
Stocks to watch on NSE as firms move to fight climate change
November 29, 2022
Stocks to watch on NSE as firms move to fight climate change
Increasing focus on fight against climate change, gas emission has taken shape in Africa and is expected to boost stocks…
Treasury Bills remain undersubscribed owing to tightened liquidity
November 28, 2022
Treasury Bills remain undersubscribed owing to tightened liquidity
The Treasury Bills (T-Bills) remained undersubscribed when the overall subscription rate declined to 113.4%, from the 170.8% recorded the previous…
DTB Q3 profit up 20% to Ksh.5.8 billion
November 25, 2022
DTB Q3 profit up 20% to Ksh.5.8 billion
Diamond Trust Bank’s (DTB) net profit surged by 20.8 percent to Ksh.5.8 billion in nine months to September 2022. The…