Business

Serena Hotels narrows loss on forex gains

Serena Hotels narrows loss on forex gains

TPS Eastern Africa Plc, which trades as the Serena Hotels has narrowed its half year loss to record Ksh.557.3 million…
Deadly explosions at Kabul airport, U.S. casualties, Pentagon confirms

Deadly explosions at Kabul airport, U.S. casualties, Pentagon confirms

There were at least two explosions near Kabul’s airport amid a huge evacuation effort from Afghanistan, the Pentagon said on…
KenGen launches Y-Gen platform for youth mainstreaming

KenGen launches Y-Gen platform for youth mainstreaming

Kenya Electricity Generating Company (KenGen) PLC has launched a youth empowerment program dubbed Y-Gen, that seeks to promote career development…
Kenyan government allays fear of maize shortage

Kenyan government allays fear of maize shortage

The Ministry of Agriculture says the country has a good food balance sheet with stable prices to ensure food and…
KQ plunges into further loss to record Ksh.11.5 billion in first half of 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

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

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

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

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

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…
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