Business

Govt allocates Ksh.55 billion for national roads maintenance

Govt allocates Ksh.55 billion for national roads maintenance

The Kenyan government has set aside Ksh.55 billion for maintenance and rehabilitation of the national road network for the fiscal…
BAT crowned this year’s overall winner of annual energy management awards

BAT crowned this year’s overall winner of annual energy management awards

British American Tobacco Kenya (BAT-Kenya) has been crowned this year’s overall winner of the annual energy management awards by the…
Oil prices mixed after hurricane Ida hits U.S. Gulf rigs, refineries

Oil prices mixed after hurricane Ida hits U.S. Gulf rigs, refineries

Oil prices have pared early gains, falling back from more than three-week highs reached earlier in the session, as a…
NCBA Group posts 77% profit growth, announces Ksh.0.75 dividend per share

NCBA Group posts 77% profit growth, announces Ksh.0.75 dividend per share

NCBA Group has posted a 77 percent increase in net earnings for the year ended June 30. The group made…
Kenya Shilling depreciates against US Dollar to close at Ksh.109.8

Kenya Shilling depreciates against US Dollar to close at Ksh.109.8

The Kenyan shilling depreciated by 0.2 percent against the US dollar to close the week at Ksh.109.8, from Ksh.109.5 recorded…
Arsonists torch a Ksh.9 million worth of sugarcane plantation in Transmara

Arsonists torch a Ksh.9 million worth of sugarcane plantation in Transmara

A 15-acre sugar-cane plantation worth Sh9 million was razed to the ground by unknown arsonists in Mapashe village in Transmara…
UK retains travel ban on Kenya amid tourism season

UK retains travel ban on Kenya amid tourism season

The United Kingdom updated its travel ban list on Thursday and maintained Kenya on ‘Red list’ at a time when…
Bamburi Cement pretax profit up 416.4% to Ksh.1.1 billion

Bamburi Cement pretax profit up 416.4% to Ksh.1.1 billion

Bamburi Cement Plc has posted a record Ksh.1.1 billion pretax profit for the year ended June 30, 2021, a 416.4…
NSE records 30 percent net profit loss to Ksh.77.4 million

NSE records 30 percent net profit loss to Ksh.77.4 million

The Nairobi Security Exchange (NSE) has reported Ksh.77.4 million after tax profit for the period ended June 30, a 30…
Liberty Insurance half year profit drops 30.9% to post Ksh.265 million

Liberty Insurance half year profit drops 30.9% to post Ksh.265 million

Liberty Kenya Holdings PLC has recorded a drop in its half year earning by 30.9 percent to record Ksh.265 million.…
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