Business
Rot at CA as Wangusi vows not to handover to the new boss
August 23, 2019
Rot at CA as Wangusi vows not to handover to the new boss
The outgoing Director General of Communication Authority of Kenya Francis Wangusi said he will not handover to his successor Mercy…
NSE 20-Share Index falls below 2,500 points as bear run deepens
August 23, 2019
NSE 20-Share Index falls below 2,500 points as bear run deepens
The Nairobi Securities Exchange (NSE) 20-Share Index slipped below 2,500 points Wednesday, deepening the bear run at the bourse as…
Co-op Bank posts a Ksh.7.5 bn profit in its half year results
August 23, 2019
Co-op Bank posts a Ksh.7.5 bn profit in its half year results
The Cooperative Group has announced a 5.6% jump in its half-year earnings to Ksh.7.5 billion. The marginal rise in net…
South Sudan MPs Pass $1.6 Billion Budget With Eye On New Roads
August 22, 2019
South Sudan MPs Pass $1.6 Billion Budget With Eye On New Roads
The South Sudan parliament on Wednesday approved a budget of $1.6 billion (1.4 billion euros), around half of which is…
CA Appoints Mercy Wanjau as Director General in an interim capacity
August 22, 2019
CA Appoints Mercy Wanjau as Director General in an interim capacity
Communications Authority of Kenya (CA) appointed Mercy Wanjau as its acting Director General to replace Francis Wangusi whose term has…
Sanlam Kenya Posts Sh639.7M profit in its 2019 half year results
August 22, 2019
Sanlam Kenya Posts Sh639.7M profit in its 2019 half year results
The Nairobi Securities Exchange (NSE) listed firm has returned a Sh639.7 million after-tax profit for the six-month period ending June…
What to note about tax evasion and its consequences in Kenya
August 22, 2019
What to note about tax evasion and its consequences in Kenya
In Kenya, Kenya Revenue Authority (KRA) is charged with the responsibility of collecting revenue on behalf of the Government of…
Roadblocks to be erected on major highways for census exercise.
August 22, 2019
Roadblocks to be erected on major highways for census exercise.
The government is mulling erecting roadblocks on major highways in the country to see the census exercise successful. The announcement…
“Revise Interest capping law” Parliament asked.
August 22, 2019
“Revise Interest capping law” Parliament asked.
Commercial Banks now say if parliament will not repeal the interest rate capping law, it should at least widen the…
Chinese firm to buy Kenya’s first Ksh.1.2 billion crude oil
August 22, 2019
Chinese firm to buy Kenya’s first Ksh.1.2 billion crude oil
Chinese firm ChemChina UK Limited has been selected as the buyer of Kenya’s first crude oil export. In an announcement,…