Business

NCBA profit up 21.4% to Ksh.3.4 billion in Q1 2022

NCBA profit up 21.4% to Ksh.3.4 billion in Q1 2022

NCBA bank’s net profit for the first three months of 2022 surged by 21.4 percent to post Ksh.3.4 billion from…
What 12% pay rise means for Kenyan employees

What 12% pay rise means for Kenyan employees

President Uhuru Kenyatta raised the minimum wage for Kenyan employees by 12 percent as he prepares to exit office in…
Heavy traffic announced on Nairobi’s major highways ahead of Kibaki’s funeral service

Heavy traffic announced on Nairobi’s major highways ahead of Kibaki’s funeral service

Motorists in Nairobi city will experience heavy traffic this Friday starting at 7 am ahead of the funeral service of…
Stocks trading on NSE to remain shut for 3 days

Stocks trading on NSE to remain shut for 3 days

Stocks trading on the Nairobi Securities Exchange (NSE) will remain shut for three days starting April 29, 2022. This will…
Phyllis Wakiaga exits KAM after 9 years of reign

Phyllis Wakiaga exits KAM after 9 years of reign

Phylis Wakiaga is exiting the Kenya Association of Manufacturers (KAM) after nine years of reign. She has already served an…
Kenya brokers final deal with oil marketers to end fuel shortage

Kenya brokers final deal with oil marketers to end fuel shortage

The Oil Marketing Companies (OMCs) have appeared less hawkish over fuel supply in Kenya following the government’s announcement that it…
Kenya to import oil directly from UAE to end fuel shortage

Kenya to import oil directly from UAE to end fuel shortage

Kenya will start importing oil directly from the United Arab Emirates (UAE) to do away with the fuel shortage crisis.…
Europe based NGO extends cash transfer to vulnerable Kenyans by two months

Europe based NGO extends cash transfer to vulnerable Kenyans by two months

The European Civil Protection and Humanitarian Aid Operation (ECHO) drought response programme has been extended by two months. The programme…
Bamburi investors to receive Ksh.3.58 per share after posting Ksh.1.4 billion net profit in 2021

Bamburi investors to receive Ksh.3.58 per share after posting Ksh.1.4 billion net profit in 2021

Bamburi Cement Plc net profit for the year ended December 31, 2021 surged by 27.3 percent to Ksh.1.4 billion compared…
Kenya likely to skip Ksh.124 billion Eurobond on renewed global market volatility

Kenya likely to skip Ksh.124 billion Eurobond on renewed global market volatility

Kenya could go without the scheduled Ksh.124 billion Eurobond issue for the financial year ending June 2022. The National Treasury…
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