Business
DP Ruto in dilemma over impending Mau eviction exercise
August 31, 2019
DP Ruto in dilemma over impending Mau eviction exercise
The impending second phase exercise by the government on Mau eviction seems to have put Deputy President William Ruto in…
Contraband goods worth Ksh1.5 bn market value destroyed by KRA
August 31, 2019
Contraband goods worth Ksh1.5 bn market value destroyed by KRA
The Kenya Revenue Authority (KRA) on Friday destroyed illicit excisable products with a market value of over Sh1.5 billion, in…
Kenya’s loans up by 36% as debt to China hits Ksh650 bn
August 31, 2019
Kenya’s loans up by 36% as debt to China hits Ksh650 bn
Kenya’s stock of expensive loans rose to 36 percent of the total debt, even as cheap loans from multilateral institutions…
Safaricom’s market valuation exceeded 50 PC of Ksh2.2 trillion stock market.
August 31, 2019
Safaricom’s market valuation exceeded 50 PC of Ksh2.2 trillion stock market.
Kenya’s telco giant Safaricom has been noted to dominate all listed companies at Nairobi Securities Exchange (NSE) with a new…
NBK records a Ksh150M net profit in its half year results
August 30, 2019
NBK records a Ksh150M net profit in its half year results
National Bank of Kenya (NBK) has recorded a Ksh150 million half year net profit for the year ending June 30,…
SWVL invests Ksh1.5 billion into Kenya’s transport system
August 30, 2019
SWVL invests Ksh1.5 billion into Kenya’s transport system
Shuttle-hailing firm SWVL has announced plans to invest Ksh1.5 billion ($15 million) into Kenyan transport operations. The start-up will enable…
Businessman Francis Mburu sues government, demands Ksh36 bn Ruaraka land compensation
August 29, 2019
Businessman Francis Mburu sues government, demands Ksh36 bn Ruaraka land compensation
Nairobi businessman Francis Mburu has filed a fresh suit demanding Ksh.36 billion for Ruaraka land compensation claiming that the state…
Barclays Bank half year profit up by 2% to Ksh3.9 billion
August 29, 2019
Barclays Bank half year profit up by 2% to Ksh3.9 billion
Barclays Bank of Kenya has reported a profit after tax of Sh3.9 billion for the period ended 30th June 2019,…
Governors to shutdown Counties over luck of funds
August 29, 2019
Governors to shutdown Counties over luck of funds
Chairman of Council of Governors and Kakamega County Governor Wycliffe Oparanya has announced that all Counties in the country will…
Kenya in rush to secure Ksh2.7 billion horticulture market in Australia as deadline looms
August 29, 2019
Kenya in rush to secure Ksh2.7 billion horticulture market in Australia as deadline looms
Kenya’s exporters of cut flowers to Australia have a reason to smile after receiving a nod to import Fumigation gas,…