Business
Kenya’s Twiga Food, Opibus named among 100 most influential companies globally
March 30, 2022
Kenya’s Twiga Food, Opibus named among 100 most influential companies globally
Twiga Foods has been named one of the 100 Most Influential Companies globally by Time Magazine.Twiga Foods made it to…
COVID in China: Tesla suspends work in Shanghai over COVID-19 curbs
March 30, 2022
COVID in China: Tesla suspends work in Shanghai over COVID-19 curbs
U.S. automaker Tesla has suspended production at its Shanghai factory for four days after the financial hub said on Sunday…
I&M Bank net profit up 2.5% to Ksh.8.62 billion in 2021 full year earrings
March 30, 2022
I&M Bank net profit up 2.5% to Ksh.8.62 billion in 2021 full year earrings
I&M Holdings has recorded a 2.5 percent increase in net profit to Ksh.8.62 billion for the full year ended December…
DTB resumes dividend payout after posting a Ksh.3.9 billion profit
March 30, 2022
DTB resumes dividend payout after posting a Ksh.3.9 billion profit
Diamond Trust Bank posted a Ksh.3.9 billion profit for the full year ended December 31, 2021, compared to Ksh.3.2 billion…
Family Bank profit up 132% to Ksh.3.3 billion in 2021 full year results
March 30, 2022
Family Bank profit up 132% to Ksh.3.3 billion in 2021 full year results
Family Bank Group’s pretax profit surged by 131.6 percent to Ksh.3.3 billion for the year ended December 31, 2021.The growth…
Horticulture value down Ksh.7 billion on declined volume export
March 30, 2022
Horticulture value down Ksh.7 billion on declined volume export
Horticulture profits fell by Ksh.7.1 billion in January this year, owing to a decrease in the volume of produce shippedData…
KQ narrows profit loss to Ksh.15.8 billion in 2021 full year results
March 30, 2022
KQ narrows profit loss to Ksh.15.8 billion in 2021 full year results
The national carrier, Kenya Airways has reported a net loss of Ksh.15.8 billion for the financial year ended December 2021.This…
CBK retains benchmarking rate at 7%, cites global uncertainties
March 30, 2022
CBK retains benchmarking rate at 7%, cites global uncertainties
The Central Bank of Kenya (CBK) has for the umpteenth time retained the Central Bank Rate (CBR) at 7 percent…
Higher shipping cost to push up inflation through 2022, warns IMF
March 29, 2022
Higher shipping cost to push up inflation through 2022, warns IMF
Higher shipping cost is fueling inflation which is on track to rise through the end of 2022 while the Russia-Ukraine…
Govt strikes deal with IPPs for cheap, reliable power
March 29, 2022
Govt strikes deal with IPPs for cheap, reliable power
The Kenyan Government has entered into a formal engagement with Independent Power Producers (IPP) as reforms continue in the energy…