Business

CMA directs Cytonn Asset Managers to change name

CMA directs Cytonn Asset Managers to change name

The Capital Markets Authoritry (CMA) has directed Cytonn Asset Managers Limited, a licensed fund manager, to immediately halt signing-up new…
Xingyun Global enters Kenyan market with Ksh.65 billion investment plan

Xingyun Global enters Kenyan market with Ksh.65 billion investment plan

The onset of the coronavirus pandemic has not darkened the prospects of Kenya being an international business destination. Kenya plays…
How much KenGen generates from its hydropower

How much KenGen generates from its hydropower

Kenya Electricity Generating Company (KenGen) generates about 826 megawatts (MW) from its hydropower.It has vowed to remain consistent with its…
KRA falls short of revenue target to collect Ksh.1.56 trillion

KRA falls short of revenue target to collect Ksh.1.56 trillion

The Kenya Revenue Authority (KRA) missed its annual tax target by Ksh.16.8 billion to collect Ksh.1.56 trillion in the year…
Oil drops towards Ksh.7,610.92 as virus concerns weigh

Oil drops towards Ksh.7,610.92 as virus concerns weigh

Oil prices have declined towards Ksh.7,610.92 (USD.70) a barrel as more countries imposed fresh movement restrictions to counter a surge…
Treasury CS Yatani warns of uncertain economic future as COVID rages on

Treasury CS Yatani warns of uncertain economic future as COVID rages on

Kenya’s road to economic recovery still hangs in the balance due to uncertainty around the COVID-19 virus, delays in vaccination…
Maasai Mara Conservancies get Ksh.600 COVID-19 mitigation funds

Maasai Mara Conservancies get Ksh.600 COVID-19 mitigation funds

Masai Mara Conservancies received a huge boost of Ksh.660 millions as COVID-19 mitigation funds to support their operations after the…
World animal protection roots for chicken welfare

World animal protection roots for chicken welfare

The World Animal Protection (WAP), an organization aimed at fighting for animal welfare, has called on both national and international…
Unga Group shareholders advised to exercise caution when dealing in its shares

Unga Group shareholders advised to exercise caution when dealing in its shares

Unga Group is advising its shareholders and any other investors to exercise caution when dealing in the company’s shares on…
Kenya Power MD Bernard Ngugi resigns

Kenya Power MD Bernard Ngugi resigns

Kenya Power and Lighting Company (KPLC) Managing Director Benard Ngugi has resigned.He has quit the post after he joined KPLC…
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