Business
CS Keter says KPLC profit warning is in the interest of shareholders
September 25, 2019
CS Keter says KPLC profit warning is in the interest of shareholders
There is no cause for alarm over the recent profit warning issued by Kenya Power and Lighting Company for the…
Mumias Managers and Directors ordered to submit statement of the company’s affairs
September 25, 2019
Mumias Managers and Directors ordered to submit statement of the company’s affairs
The Management and Directors of Mumias Sugar Company have been instructed to submit a statement of the company’s affairs within…
MPs vow to reject bill seeking to charge Kenyans for social media groups
September 25, 2019
MPs vow to reject bill seeking to charge Kenyans for social media groups
Members of Parliament said they will throw out a bill seeking to charge Kenyans for creating social media groups.The National…
CMA goes hard on entities seeking to raise capital from the public
September 25, 2019
CMA goes hard on entities seeking to raise capital from the public
The Capital Markets Authority (CMA) has issued tough rules on entities seeking to raise funds from members of the public…
Mumias Sugar placed under receivership by KCB Group over debt
September 25, 2019
Mumias Sugar placed under receivership by KCB Group over debt
KCB Group has placed the Mumias Sugar Company under receivership following the execution of a lenders agreement deed dating back…
CBK says it will not extend 30th September deadline for withdrawal of old KSh.1000 notes
September 24, 2019
CBK says it will not extend 30th September deadline for withdrawal of old KSh.1000 notes
You have until 5 pm on Monday to hand in any old 1000 shilling notes in your possession or else…
Boris Johnson’s suspension of parliament was illegal; The UK Supreme Court
September 24, 2019
Boris Johnson’s suspension of parliament was illegal; The UK Supreme Court
Boris Johnson’s suspension of parliament was illegal and had “no justification” the UK Supreme Court has ruled, in a dramatic…
Boeing to pay 737 MAX crash victims’ families Ksh14.4 M each
September 24, 2019
Boeing to pay 737 MAX crash victims’ families Ksh14.4 M each
Reuters…Boeing will pay the families of 346 people killed in two fatal 737 MAX crashes $144,500 each from a $50…
CBK retains base lending rate at 9% for the 16th straight month
September 24, 2019
CBK retains base lending rate at 9% for the 16th straight month
The Central Bank of Kenya (CBK) has retained the base lending rate at nine percent for the 16th consecutive month…
Oil rallies on Mideast tensions, stocks weighed by trade remarks
September 23, 2019
Oil rallies on Mideast tensions, stocks weighed by trade remarks
Oil prices rallied Monday after Iran warned the presence of us forces in the gulf was causing instability in the…