Business
KQ plunges into further loss to record Ksh.11.5 billion in first half of 2021
August 26, 2021
KQ plunges into further loss to record Ksh.11.5 billion in first half of 2021
National carrier Kenya Airways (KQ) losses dropped from Ksh.14. 4 billion to Ksh.11.5 billion in the first half of 2021.…
Kenya to experience 360 million kgs of fish deficit in 5 years
August 26, 2021
Kenya to experience 360 million kgs of fish deficit in 5 years
The government is now warning that Kenya is staring at a severe fish shortage. The ministry of agriculture says the…
South Africa Airways to resume operations in September
August 26, 2021
South Africa Airways to resume operations in September
South African Airways (SAA) will take to the skies starting this September after more than one year of closure due…
CMA directs Nairobi Coffee Exchange to admit 5 Coffee brokers
August 26, 2021
CMA directs Nairobi Coffee Exchange to admit 5 Coffee brokers
Capital Markets Authority (CMA) has directed Nairobi Coffee Exchange to admit five coffee brokers following their licensing to the trading…
Absa Bank reports 846% net profit jump to Ksh.5.6 billion
August 26, 2021
Absa Bank reports 846% net profit jump to Ksh.5.6 billion
Absa Bank Kenya Plc has reported 846 percent growth in its profit after tax to Ksh.5.6 billion for the year…
CMA admits Acorn to Sandbox
August 26, 2021
CMA admits Acorn to Sandbox
The Capital Markets Authority (CMA) has admitted acorn investment management limited to the regulatory sandbox for one year. CMA chief…
Banks hold talks with CBK to resume mobile cash transfer charges
August 26, 2021
Banks hold talks with CBK to resume mobile cash transfer charges
Kenyans could soon go back to paying charges for cash transfers from bank accounts to their mobile money wallets. Banks…
KCB completes a Ksh.4.6 billion purchase of Rwandan BPR bank
August 26, 2021
KCB completes a Ksh.4.6 billion purchase of Rwandan BPR bank
KCB Group PLC has completed the acquisition of Banque Populaire du Rwanda Plc (BPR) from Atlas Mara Mauritius Limited and…
Aydin and the 15 billion loan call
August 25, 2021
Aydin and the 15 billion loan call
Equity Bank has denied any links with deported Deputy President William Ruto’s associate Harun Aydin. The Bank’s Managing Director Gerald…
KEBS partners with nonprofit org. To drive digital inclusion for PWDs
August 25, 2021
KEBS partners with nonprofit org. To drive digital inclusion for PWDs
inABLE a nonprofit organization that empowers the blind and visually impaired with computer assistive technology, has partnered with the Kenya Bureau…