Business
List of African nations which performed best on stock market in 2021
January 6, 2022
List of African nations which performed best on stock market in 2021
The Lusaka Securities Exchange in Zambia finished 2021 as the best-performing stock market in Africa, registering a 93.2 percent gain…
KTDA, Kenya Railways enter into transportation deal for Kenyan tea
January 6, 2022
KTDA, Kenya Railways enter into transportation deal for Kenyan tea
Kenya Railways and the Kenya Tea Development Agency (KTDA) have entered into a partnership which will see KTDA managed factories…
Equity Bank, IFC sign Ksh.18.6 billion deal for SME financing
January 6, 2022
Equity Bank, IFC sign Ksh.18.6 billion deal for SME financing
The International Finance Corporation, a member of the World Bank has lent Ksh18.6 billion to the Kenyan banking subsidiary of…
Kakuzi issues profit warning on low avocado production
January 6, 2022
Kakuzi issues profit warning on low avocado production
Kakuzi PLC has issued a profit warning notice to their investors on anticipated lower full-year earnings.The company’s earnings will be…
Brace for high cost of energy on imminent dry season
January 6, 2022
Brace for high cost of energy on imminent dry season
The cost of electricity in the country is set to rise due to an imminent dry season that is expected…
Mumias Suagr investor begins work after Odinga directive
January 6, 2022
Mumias Suagr investor begins work after Odinga directive
The new Mumias Sugar investor, Sarrai Group has kicked off work in what could appear as the miller’s revival after…
NSE extends suspension from trading KQ share for further 12 months
January 6, 2022
NSE extends suspension from trading KQ share for further 12 months
The Nairobi Securities Exchange (NSE) has extended the suspension from trading of Kenya Airways (KQ) shares for an additional 12…
Blow to motorists as court declines to shoot down car comprehensive cover increase
January 6, 2022
Blow to motorists as court declines to shoot down car comprehensive cover increase
Motor vehicle owners have been dealt a major blow as underwriters move to increase premiums by more than half the…
Investor confidence up on digital sector after CBK takeover
January 6, 2022
Investor confidence up on digital sector after CBK takeover
Investors have exhumed confidence in the digital sector in Kenya following a recent move to regulate the sector.According to the…
New Mumias investor ordered to operationalize miller in six months
December 31, 2021
New Mumias investor ordered to operationalize miller in six months
The once giant miller Mumias Sugar Company could become operational in six months with its new investor, Sarrai Group.While at…