Former Workers Want Ruto To Kick Out Sarrai Group From Mumias
Former workers of debt-ridden Mumias Sugar Company have now taken their quest to revive the miller to State House.
Business
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Kisumu County Sues Father John Pesa
The County Government of Kisumu has sued Holy Ghost Coptic Church of Kenya Founder Father John Juma Pesa and his Church for holding 23 ment…
Harlequins morale boosted by Minet Kenya
Quins’ head coach Murunga is targeting three wins from their final four matches to qualify for the Kenya Cup playoffs come the end of the s…
Minet Kenya partners with Kenya Harlequins
Kenya’s leading insurance firm Minet Kenya ltd has announced that they will sponsor rugby champs Kenya Harlequins.
Centum PLC terminates plan to sell the Sidian Bank
Centum Investment Company has cancelled its intentions to sell its majority ownership in Sidian Bank to Nigeria’s Access Bank PLC due to a …
Centum is seeking shareholder approval for a share repurchase
Centum, an investment company, will seek shareholder approval to buy back 10% of its listed shares at an extraordinary general meeting on F…
Big Boost for Vipingo Development Ltd Investors
A Real estate development situated within the popular and rapidly expanding prime neighbourhood of Vipingo. “A key factor that you can leve…
Elon Musk’s Starlink to disrupt Safaricom and Zuku operations
Business magnate Elon Musk’s Starlink wireless internet services is set to launch in Kenya as the company continues its monthly expansion a…
Embattled EPRA to regulate sale of TVs, computers
The Energy and Petroleum Regulatory Authority (EPRA) is planning to regulate the sale of televisions, computer monitors, locally assembled …
CMA waiver in favour of Centum share buyback plan
Centum Plc, a listed investment business, will seek a waiver of a share buyback regulation that limits the amount of shares it may acquire …
Centum Real Estate’s Growth Portfolio
Centum RE has generated KES 4.5Bn in cash return potential on completed projects and those under development. According to these statistics…
KenGen to Acquire more Electric Vehicles
Power producer Kenya Electricity Generation Company (KenGen) plans to acquire more electric vehicles (EVs) as the firm seeks to transition …
Media Statement by acting KenGen MD Abraham Serem
KenGen appointed Abraham Serem as its Acting Managing Director and Chief Executive Officer (CEO), replacing Rebecca Miano. Miano took up th…
Minet Kenya and why Kenyans need regular Health Checks
The life expectancy in Kenya in 2019 was 69.0 for females and 64.7 for males. This has been an increment from the year 2016 when the life e…
KenGen Embarks on rehabilitating Geothermal Plants
KenGen is embarking on the rehabilitation of several of its geothermal power plants in a process that is expected to increase the electrici…
Big Win for AON Minet Kenya
According to the Instructors Service Commission, the prayers of 12 teachers seeking to block the signing of a medical insurance contract ha…
Ruto Meets US Carrier Delta Air over Sale of Kenya Airways
The government has stepped up its efforts to sell its stake in Kenya Airways to a strategic investor. This follows a meeting between Presid…
Teachers urged to join Minet Kenya’s CDM Scheme
Teachers’ Medical Scheme service provider Minet Kenya has urged teachers who are struggling with Chronic Diseases to reach out to them and …
Centum to settle USD-denominated debt and mitigate forex risk exposure
Investment firm Centum plans to pay its dollar-denominated loans in the near term to avoid rising finance costs on hard currency debt amid …
Safaricom Drops Paybill Charges
Over 40 million Safaricom subscribers will from January 1, 2023, pay less for M-Pesa transactions.
KCB to Pay Former Employees Ksh 115 Million over Alleged Mistreatment
The High Court has ordered KCB Group to pay 28 former employees more than Sh115 million in a precedent-setting decision on unfair labour pr…
Minet Kenya and how its securing Agriculture
Agriculture dominates the Kenyan economy, accounting for 40% of the overall workforce (70% of the rural workforce) and about 25% of the ann…
Minet partners with Safaricom to allow clients to pay with Bonga points
Minet Kenya clients can now pay for their home, motor, and travel insurance using your Bonga points. Minet Kenya is a leading provider of i…
Troubled Fahari Fund to end year without holding AGM
Property fund ILAM Fahari I-Reit will end the year without holding an annual general meeting due to continued delays in approval of its pro…
Centum Investment to buy back shares
Centum Investment Company Plc’s board has approved a plan to buy back up to 10 per cent of the firm’s issued and paid-up share capital in a…
Capital FM to Fire Employees
Capital FM is set to fire a number of employees under what has been termed as restructuring. This comes after the employees refused to acce…
Equity accuses NCBA of forgeries as fight over Nairobi property heats up
NCBA Bank of Kenya and Equity Bank are embroiled in a heated court fight over the legitimate ownership of a building in Nairobi which they …
Centum Posts Ksh244 million Profit
Centum Investment Company has grown its profit for the half year ended September 30 almost 20 times to Sh244 million from Sh12million repor…
Centum cuts its investment in the Lamu Coal
Centum Investments Company Ltd has written off its Ksh2 billion ($16.39 million) investment in the controversial Lamu coal-fired power plan…
Uhuru regime benefitted wealthy Kenyans the most
A report released by the World Bank has revealed that economic policies pursued by former president Uhuru Kenyatta favored Kenyan billionai…