Business
Affordable housing construction in Kisumu faces setback
August 3, 2021
Affordable housing construction in Kisumu faces setback
The construction of affordable houses at Makasembo and Anderson estates in Kisumu have been pushed to September this year due…
Kakamega County pioneers first home-based early learning
August 3, 2021
Kakamega County pioneers first home-based early learning
Kakamega County has launched an Inclusive Homebased Early Learning Programme with the view of increasing access to quality Equitable Early…
World’s biggest companies’ total revenue fell 4.8% to Ksh.3.4 quadrillion in 2021
August 3, 2021
World’s biggest companies’ total revenue fell 4.8% to Ksh.3.4 quadrillion in 2021
The Global 500 shrank a little over the past year after reaching a record high of $33.3 trillion (Ksh.3.6 quadrillion)…
Mumias Sugar Company Receiver Manager restarts leasing process
August 2, 2021
Mumias Sugar Company Receiver Manager restarts leasing process
Mumias Sugar Company receiver manager Ponangipalli Venkata Rao has restarted the leasing process of the sugar miller. He was given…
CBK Governor Njoroge challenges banks to embrace Paris Climate Agreement
August 2, 2021
CBK Governor Njoroge challenges banks to embrace Paris Climate Agreement
The Central Bank of Kenya (CBK) Governor Dr. Patrick Njoroge is calling on the urgency of the banks to meet…
Safaricom increases skiza revenue share by 33%
August 2, 2021
Safaricom increases skiza revenue share by 33%
Safaricom has announced an increase in Skiza revenue share for artists and content creators by 33 percent. More than 20,000…
CMA to sue WPP Scangroup
August 2, 2021
CMA to sue WPP Scangroup
Capital Markets Authority (CMA) is taking legal action against WPP Scangroup over unapproved further extension in the delay of publication…
Central Governors ease trade tariffs to accelerate economic growth
August 2, 2021
Central Governors ease trade tariffs to accelerate economic growth
Governors from the central Kenya Region Economic Bloc have agreed to eliminate trade tariffs for a range of products. The…
Safaricom approves dividend of Ksh.0.92 per share
August 2, 2021
Safaricom approves dividend of Ksh.0.92 per share
Safaricom shareholders approved the final dividend of Ksh.0.92 per share with the dividend payout amounting to Ksh.36.8 billion. The dividend…
July saw T-Bills oversubscribed with 106.6% subscription rate
August 2, 2021
July saw T-Bills oversubscribed with 106.6% subscription rate
During the month of July, T-bill auctions remained oversubscribed, with the overall subscription rate coming in at 106.6 percent, down…