Business
Standard Chartered Profit up 50% to Ksh.10.2 Billion in HY 2024
September 2, 2024
Standard Chartered Profit up 50% to Ksh.10.2 Billion in HY 2024
Standard Chartered Bank Kenya (StanChart), a subsidiary of the UK-based banking giant, reported a 50 percent surge in profit in…
NCBA Shareholders Pocket Ksh.2.25 in Dividends After Ksh.9 Billion Profit Surge
September 2, 2024
NCBA Shareholders Pocket Ksh.2.25 in Dividends After Ksh.9 Billion Profit Surge
NCBA Group has reported a five-percent increase in profit after tax for the first half of 2024, reaching Ksh.9.8 billion…
Why Starlink Has Cut Off South Africans From Internet Access
August 28, 2024
Why Starlink Has Cut Off South Africans From Internet Access
Starlink has cut off users in South Africa who were accessing the service via regional roaming, as the company enforces…
Lobito Atlantic Railway Exports First Copper to US From DRC
August 28, 2024
Lobito Atlantic Railway Exports First Copper to US From DRC
The first US shipment of copper from mines in the Democratic Republic in Congo to be transported by the Lobito…
AfDB Sets Aside $2 Billion for Clean Cooking in Africa
August 28, 2024
AfDB Sets Aside $2 Billion for Clean Cooking in Africa
The African Development Bank (AfDBA) pledged $2 billion over 10 years ($200 million annually) towards clean cooking solutions in Africa.…
Kenyan MPs Push for More Funding on Climate Change Efforts
August 28, 2024
Kenyan MPs Push for More Funding on Climate Change Efforts
MPs from the National Government Constituencies Development Fund (NG-CDF) Committee of the National Assembly have challenged Environment Cabinet Secretary Aden…
How Finance Bill 2024 Cost Kenya Ksh.131 Billion Funding from IMF
August 28, 2024
How Finance Bill 2024 Cost Kenya Ksh.131 Billion Funding from IMF
The decision to do away with the Finance Bill 2024 cost Kenya Ksh.131 billion – according to US Ambassador to…
Meg Whitman Responds to Ruto Claiming Ford Foundation Funded Kenyan Protests
August 28, 2024
Meg Whitman Responds to Ruto Claiming Ford Foundation Funded Kenyan Protests
U.S Ambassador to Kenya Meg Whitman has rubbished claims by President William Ruto that American-based Ford Foundation funded the June-July…
Kenya Bans Export of $3.87 Million Raw Veneer Materials
August 27, 2024
Kenya Bans Export of $3.87 Million Raw Veneer Materials
Environment Cabinet Secretary Aden Duale has ordered an immediate ban on the export of raw veneer materials. This, Duale said,…
Kenya Pensions Industry Plans SPAC to Tackle State Pending Bills
August 27, 2024
Kenya Pensions Industry Plans SPAC to Tackle State Pending Bills
Kenyan pension funds are in talks to acquire a portion of the government’s overdue payments to some contractors and service…