Business
Government employs new measure to tame high cost of cooking gas
March 17, 2022
Government employs new measure to tame high cost of cooking gas
The government will import 30 percent of cooking gas to control the rising cost of the commodity amid an outcry…
KCB full year net profit rises to Ksh.34.2 billion
March 17, 2022
KCB full year net profit rises to Ksh.34.2 billion
The Kenya Commercial Bank (KCB) has gained 74 percent to post Ksh.34.2 billion net profit from Ksh.19.6 billion registered last…
Absa Kenya profit up 161% to Ksh.10.9 billion for full year 2021
March 16, 2022
Absa Kenya profit up 161% to Ksh.10.9 billion for full year 2021
Absa Bank Kenya’s after-tax profit surged by 161 percent to Ksh.10.9 billion in its 2021 full-year results. The strong performance…
Saudi Arabia to employ over 100,000 Kenyans in new deal with Kenya
March 15, 2022
Saudi Arabia to employ over 100,000 Kenyans in new deal with Kenya
Kenya and Saudi Arabia have signed the Memorandum of understanding (MOU) as they seek to tighten the trade balance between…
Joe Ageyo appointed Nation Media Group’s editorial head
March 15, 2022
Joe Ageyo appointed Nation Media Group’s editorial head
Joe Ageyo, a renowned journalist, has been named the editorial director of Nation Media Group’s Broadcasting division. Ageyo, who recently…
Safaricom partners with Intelsat to increase subscription coverage
March 15, 2022
Safaricom partners with Intelsat to increase subscription coverage
Safaricom has partnered with Intelsat to expand LTE coverage in the country. The multi-year pact with the international satellite service…
Toyota among businesses shut as COVID cases spike in China
March 15, 2022
Toyota among businesses shut as COVID cases spike in China
Several multinational corporations have ceased operations as China expands its COVID-19 lockdowns. Authorities placed Shenzhen’s 17.5 million residents under lockdown…
Late Kirubi’s firm ordered to refund Ksh.15 million over fake business deal
March 15, 2022
Late Kirubi’s firm ordered to refund Ksh.15 million over fake business deal
The High Court has ordered Haco Industries Limited to refund Ksh.15 million to Ashok Doshi that he paid 20 years…
Uhuru to unveil Ksh.32billion Mombasa container terminal 2
March 15, 2022
Uhuru to unveil Ksh.32billion Mombasa container terminal 2
President Uhuru Kenyatta is expected to launch this month the Ksh.32 billion Mombasa Container Terminal two. The development of the…
Toyota Kenya rebrands to CFAO
March 15, 2022
Toyota Kenya rebrands to CFAO
Toyota Kenya has rebranded to Cooperation for Africa and Overseas (CFAO) Motors Limited Kenya to enhance mobility solution provider through…