Business
UAP Insurance profit up 24% to Ksh.13.1 billion in 2021 full year results
April 4, 2022
UAP Insurance profit up 24% to Ksh.13.1 billion in 2021 full year results
UAP Insurance gross written premiums surged by 24 percent to Ksh.13.18 billion for the full year ended December 31, 2021,…
Kenya Shilling hits 15-month all time low to 115 units against US Dollar
April 4, 2022
Kenya Shilling hits 15-month all time low to 115 units against US Dollar
The Kenya shilling hit a 15-month all-time low of 115 units against the US dollar Monday, the lowest record in…
Government owes Oil Marketers Ksh.13 billion, reason behind fuel shortage
April 4, 2022
Government owes Oil Marketers Ksh.13 billion, reason behind fuel shortage
Oil Marketing Companies (OMC) in Kenya have made a number of demands to the Government, including the immediate payment of…
Central, Uhuru Park park to be upgraded to international standard in Ksh.1 billion funding
April 4, 2022
Central, Uhuru Park park to be upgraded to international standard in Ksh.1 billion funding
Members of Parliament passed the bill and mini-budget which will see the upgrade of both Central and Uhuru parks upgraded…
Family Bank signs Ksh.1.1 billion deal with Eco.business for tea farmers financing
April 4, 2022
Family Bank signs Ksh.1.1 billion deal with Eco.business for tea farmers financing
Family Bank has inked a Ksh.1.1 billion deal with Eco.business to finance agricultural producers in Kenya. The deal targets key…
Naivas, Quickmart expansion shaped real estate growth in Q1 of 2022; see highlights
April 4, 2022
Naivas, Quickmart expansion shaped real estate growth in Q1 of 2022; see highlights
In quarter one (Q1) of 2022, the Real Estate sector recorded notable activities compared to a similar period in 2021…
Large scale farmers excluded from Ksh.5.7 billion fertilizer subsidy fund
April 4, 2022
Large scale farmers excluded from Ksh.5.7 billion fertilizer subsidy fund
The Ministry of Agriculture has reduced the number of bags per producer to 10, a move which excludes the country’s…
EPRA explains reason behind fuel shortage in Kenya
April 3, 2022
EPRA explains reason behind fuel shortage in Kenya
The Energy Petroleum and Regulatory Authority (EPRA) says the government has delayed compensating Oil Marketing Companies (OMC), a reason behind…
KQ, South Africa Airways to merge under conglomerate in expansion strategy
April 2, 2022
KQ, South Africa Airways to merge under conglomerate in expansion strategy
Kenya Airways (KQ) and South African Airways (SAA) are chatting a path for a joint operation under a conglomerate from…
Kenya’s top company fears, strengths and strategy to stay relevant in market
April 2, 2022
Kenya’s top company fears, strengths and strategy to stay relevant in market
Majority of Kenya’s top Chief Executive Officers are uncertain about the country’s and global economy at large due to continued…