Business

Kenyan Currency Value Bleeds on Against Peers as MSCI Denies Local Companies Entry

Kenyan Currency Value Bleeds on Against Peers as MSCI Denies Local Companies Entry

The Kenyan Shilling (Ksh) is experiencing significant fluctuations in its exchange rate against other East African Community (EAC) currencies. As…
James Finlay’s Tea Estate Changes Hands in New Acquisition

James Finlay’s Tea Estate Changes Hands in New Acquisition

James Finlay, a prominent Kenyan tea grower, manufacturer, and supplier, has completed the sale of its tea estates in Kericho,…
Raila Files Investigation Request into Petroleum Importation

Raila Files Investigation Request into Petroleum Importation

Zimio chief Raila Oginga, through his lawyer Paul Mwangi, has submitted a formal letter requesting an investigation into the G-to-G…
Edible Oil Scandal: Senior Officials From KNTC Apprehended by DCI

Edible Oil Scandal: Senior Officials From KNTC Apprehended by DCI

Senior managers from the Kenya National Trading Corporation (KNTC) were apprehended on Tuesday and brought to the Directorate of Criminal…
Court Deals Ruto Blow on Housing Levy in Case Against Finance Act, 2023

Court Deals Ruto Blow on Housing Levy in Case Against Finance Act, 2023

On Tuesday, November 28, 2023 – a panel of three judges declared certain parts of the Finance Act, 2023 including…
Crystobol App Strikes Gold in the Best Credit Score Monitoring App Category

Crystobol App Strikes Gold in the Best Credit Score Monitoring App Category

Metropol Credit Reference Bureau’s (CRB) mobile app, Crystobol, won the Gold award for Best Credit Score Monitoring App at the…
NBK Net Profit Down to Ksh.2.9 Billion in Q3

NBK Net Profit Down to Ksh.2.9 Billion in Q3

The National Bank of Kenya (NBK) has reported a loss after tax of Ksh.2.97 billion for the period ending 30…
Stanchart Net Profit Up 12% to Ksh.9.7 Billion in Q3

Stanchart Net Profit Up 12% to Ksh.9.7 Billion in Q3

Standard Chartered Bank reported a 12% increase in profit after tax for the nine-month period ending in September. The bank’s…
NCBA Group After Tax Profit Up 14.4% to Ksh.14.6 billion

NCBA Group After Tax Profit Up 14.4% to Ksh.14.6 billion

NCBA Group PLC experienced a 14.4% increase in Profit After Tax, reaching Ksh.14.6 billion, highlighting its strategic initiatives and commitment…
MPs Okay KEMSA Ksh.2 Billion for Medical Supplies

MPs Okay KEMSA Ksh.2 Billion for Medical Supplies

The National Assembly has granted approval for a Ksh.2 billion allocation to the Kenya Medical Supplies Authority (KEMSA) as part…
Back to top button