Sameer Africa’s Profit Climbs to KSh43 Million after KSh1.1 Billion Loss in 2019
[ad_1] Sameer Africa, one of the largest tyre manufacturers in East Africa, reported a KSh43 million net profit at the end of December 2020…
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Oil Prices Gain, as Fed Jerome Powell Points to Economic Growth
[ad_1] Oil prices edged higher on Monday as investors watched out for the short-term demand outlook amid the rising cases of COVID-19 in so…
Steel billionaire in Sh5bn offer for Mumias revival
[ad_1] Companies Steel billionaire in Sh5bn offer for Mumias revival Monday May 24 2021 Narendra Raval, chairman, Devki Group of Companies …
NSE Weekly Turnover declines 35.3% to KSh 2.06 billion
[ad_1] The Nairobi Securities Exchange(NSE) Weekly turnover fell by 35.26% to KSh 2.06 Billion. This is compared to KSh 3.18 Billion transa…
Uhuru in-law, step-mother renew properties fight
[ad_1] Economy Uhuru in-law, step-mother renew properties fight Monday May 24 2021 Margaret Gecaga.
Kenya’s Forex Reserves Climb to Highest Level Since February
[ad_1] Kenya’s foreign exchange reserves rose to the highest level in nearly two months, supported by increased foreign currency inflows, a…
BAT Kenya shareholders to approve KSh 4.5 Billion payout
[ad_1] British American Tobacco(BAT) Kenya Plc shareholders are expected to approve a final dividend of KSh 41.50 per ordinary share, or a …
Airline launches cheaper flights on Nairobi, Kisumu route
[ad_1] The airline will fly about 80 passengers per trip in its Dash8-Q400 aircraft. [Courtesy] A local airline will offer cheap transport …
Kenya eyes Beijing to resolve Sh20bn dam row
[ad_1] Economy Kenya eyes Beijing to resolve Sh20bn dam row Monday May 24 2021 Water and Irrigation Principal Secretary Joseph Irungu.
Family Bank to disburse KSh 500 Million to agri-businesses
[ad_1] Family Bank has committed to disburse KSh 500 Million to agri-businesses in the next one year.
Maersk set to deploy more ships to Lamu
[ad_1] The first cargo ship Alianco offloads containers at the Lamu Port after President Uhuru Kenyatta launched the port last week.
Vodacom gets M-Pesa platform buyout offers
[ad_1] Companies Vodacom gets M-Pesa platform buyout offers Monday May 24 2021 By VICTOR JUMAMore by this Author Summary South Africa’s tel…
Angaza Awards Top Finalists; Elizabeth Wasunna Ochwa
[ad_1] Elizabeth Wasuna serves as the Director of Business Banking at Absa Bank Kenya Plc. She joined Absa in 2018 and was tasked with deve…
New law gives State powers to censor media
[ad_1] According to Facebook’s transparency report, the State requested for details of accounts belonging to 26 users operating in the coun…
Kenya Power drops workers layoff plan amid strike threat
[ad_1] Companies Kenya Power drops workers layoff plan amid strike threat Monday May 24 2021 Kenya Power Managing Director Bernard Ngugi.
Total Signs $15 Billion East Africa Crude Oil Project with Uganda & Tanzania
[ad_1] Total has signed a $15 billion East Africa Crude Oil Project (EACOP) with Uganda and Tanzania, fifteen years after the former discov…
Only unsold stock qualifies for VAT refunds, says court
[ad_1] KRA Commissioner General James Mburu listens to Director of Public Prosecutions Noordin Haji at the Prosecution Training Institute g…
Twitter Picks Ghana as HQ for Africa Operations
[ad_1] Social Media giant, Twitter, yesterday announced that it is establishing its presence in Africa by opening its first office in the c…
Global Markets Major Highlights – Kenyan Wallstreet
[ad_1] Across the Global Markets, US stocks closed lower on Monday with the Dow Jones falling 0.16% at the close of trading while the Nasda…
IMF projects stronger global economic recovery in 2021
[ad_1] The International Monetary Fund(IMF), in its latest global outlook, expects the world economy to grow at 6% in 2021 and 4% in 2022. …
The 12 rules on car lights you should always follow
[ad_1] Car Light Rules: There are certain car light rules that every driver should know and follow. Especially, in this day and age when ev…
Three Longtime NSE Board Members to Retire in June
[ad_1] The Nairobi Securities Exchange (NSE) has announced that Bob Karina, Samuel Kimani, and Hosea Kimutai are set to retire from the com…
The qualities to look out for when buying a dairy cow
[ad_1] The qualities of a good dairy cow: Which is the best dairy cow? This is a question often asked by dairy producers who are searching …
Bitzlato Drops Escrow Fees For African Users
[ad_1] As peer-to-peer exchanges get popular in Africa, Bitzlato (or BZ), the new peer-to-peer exchange in Africa, has dropped all escrow f…
Web Design in Kenya: A Guide for Clients in 2021
[ad_1] In this guide, I walk you through the steps to getting started with web design in Kenya. This will help you create a website that wi…
How unmarked roads and streets create city chaos
[ad_1] For Kidali Were, an ambulance driver, navigating through Nairobi’s often gridlocked roads is a nightmare. [ad_2] Source link
Finance Bill 2021 hints at increasing the VAT rate
[ad_1] The Finance Bill 2021 has proposed to remove the requirement for the Cabinet Secretary, National Treasury and Planning to table any …
Is Nairobi’s Kilimani area the den of murders, drugs, money laundering?
[ad_1] Following the murder of Somali-American businessman Bashir Mohammed, revelations say that he was abducted around Kilimani area and t…
Co-operative Bank defies virus to post Sh3.46b profit
[ad_1] Coop Bank’s CEO Gideon Muriuki. The Co-operative Bank of Kenya (Coop Bank) has posted a reduced profit of Sh3.46 billion in the firs…
Unga Group Plc week’s worst performer at NSE
[ad_1] Unga Group Plc was the top price loser when trading at the Nairobi Securities Exchange(NSE) ended on Friday last week.