26 May 2022
- The NSE posted a marginal decline in daily equity turnover to KSh 567m from the previous day’s KSh 580m, a fall of 2.2%, while the number of shares traded
26 May 2022
- The FIFA World Cup™ Trophy arrived in Nairobi this morning to a magical welcome at the Jomo Kenyatta International Airport accompanied by FIFA officials and Juliano Belletti, the football legend appointed by FIFA for the tour. The plane carrying the…
26 May 2022
- The growth of digital literacy programmes should also go beyond formal education and into the job market to enable Kenyans become better digital consumers.
26 May 2022
- The just-concluded Africities Summit that was held in Kisumu a few days ago cost taxpayers Ksh 600 million, according to a report tabled before the National Assembly by the National Treasury.
26 May 2022
- With the rising cost of education in Kenya, you must put measures in place to educate your child properly. One of the measures you can take as a parent is saving for your child's education. Saving will help you pay school fees in time, avoid unnecessary…
26 May 2022
- According to the United Nations Food and Agriculture Organization, nearly half of Africa's 54 countries rely on Russia and Ukraine for wheat imports.
26 May 2022
- Embu, Kenya May 26-The Kenya Tea Development Agency (KTDA) is implementing a number of diversification activities with its farmers with a view to mitigating the revenue losses arising from climate change. The Agency’s General Manager for Sustainable…
26 May 2022
- We asked some of the top CMOs – all women from a cross-section of industries – for their sterling views. The corner office is not just the prized preserve of the CEO. A new band of C-suite executives has emerged in the last two years of the pandemic…
26 May 2022
- •Global fertiliser production depends heavily on natural gas and the EU receives 40% of its gas from Russia
• Africa generally features among the most severely hit regions and Yara has donated 18,000 tonnes of fertilisers to Ghana
26 May 2022
- Beijing, China May 26-Chinese e-commerce giant Alibaba said Thursday its profit fell 59 percent in the last fiscal year, joining a number of tech firms to report lacklustre results following strict Covid-19 restrictions and a sector crackdown. The…
26 May 2022
- NAIROBI, Kenya May 26-Members of the Public Relations Society of Kenya (PRSK) have elected new officials for the position of President, Treasurer and Assistant Secretary in their recently concluded Annual General Meeting. The newly-elected team will be…
26 May 2022
- Established in 2015 by business partners Adetayo Bamiduro and Chinedu Azodoh, Metro Africa Xpress (MAX) has been positioning itself as a key player in Africa's mobility industry.
26 May 2022
- EFG Hermes Holding, a universal bank in Egypt and the leading investment bank franchise in Frontier Emerging Markets (FEM), announced today an outstanding set of results to kick off the year, with revenues for the first quarter of 2022 leaping 55% Y-o-Y…
26 May 2022
- NAIROBI, Kenya May 26-FedEx Express has announced plans to introduce the first regularly scheduled service flight to Kenya in a bid to enhance its services to and from Africa. The weekly scheduled flight travels will start from Memphis (United States)…
26 May 2022
- The new allocations breach the legal budget limit by Sh204 billion. The government spent Sh260 million for former President Mwai Kibaki's burial.
26 May 2022
- NAIROBI, Kenya May 26 –President Uhuru Kenyatta on Thursday said the Government has over the last 10 years significantly improved the welfare of senior citizens in the country. “It is often stated that one of the best measures of how progressive a…
26 May 2022
- Parliament has shot down a plan to raise taxes on basic commodities, banks registered increased profits over the first quarter, and the government plans to increase fuel and fertiliser subsidies. This as a new report shows 60% of Kenyan SMEs were denied…
26 May 2022
- Nakuru, Kenya May 26-Kenyans are inching closer to getting lower power bills as an Independent Power Producer (IPP) is set to commence generating geothermal power from steam wells drilled in Nakuru. Sosian Menengai Geothermal Power which starts…
26 May 2022
- NAIROBI, Kenya May 26-Family Bank has secured a total of Sh1.95 billion from BlueOrchard Finance Ltd managed funds to extend to the Small and Medium-Sized Enterprises (SMEs) and to support the education sector. The funding will be used for onward…
26 May 2022
- The Co-operative Bank of Kenya has posted a 65.7 per cent rise in profits through the first three months of 2022 to Ksh.5.8 billion from Ksh.3.5 billion.
26 May 2022
- IFC, the lending arm of the World Bank, has partnered with Partners For Growth(PFG), a US-based fund manager, to provide capital to fintechs, software firms
26 May 2022
- The National treasury revealed that taxpayers spent 260 million shillings to fund the state funeral of the former president of Kenya Emilio Mwai Kibaki. According to the national government’s supplementary estimates, II for the 2021/23 financial year…
26 May 2022
- NAIROBI Kenya May 26- Kenya has become the first country in Africa to develop a digital accessibility standard for persons with disabilities. This is after the Kenya Bureau of Standards(KEBS) announced a partnership with inABLE to develop a Kenyan…
26 May 2022
- Co-operative Bank of Kenya recorded a 65.7% increase in net profit to KSh 5.8 billion at the close of Q1 2022. This is compared to KSh 3.5 billion over a
26 May 2022
- SMEs have long been recognized as one of the cornerstones of a country’s development. SMEs account for about 90 percent of businesses and more than 50 percent of employment worldwide. Access to finance is a key constraint to SME growth, it is the second…
26 May 2022
- National Bank of Kenya (NBK) has recorded a profit after tax of Ksh395 million for the quarter ending March 31, 2022. This was an increase of 72 percent compared to Ksh229 million that the bank posted during a similar period last year. The growth was…
26 May 2022
- Beijing, China May 26-China’s premier has sounded an unusually stark warning about the world’s second-largest economy, saying it must return to normal as the country’s zero-Covid strategy bites into growth. China is the last major economy welded to a…
26 May 2022
- NAIROBI, Kenya May 26-Kenya’s demand for electricity has hit a new peak demand of 2,051 megawatts(MW) up from 2,036MW recorded in November 2021, pointing to accelerated growth and recovery in demand which slowed down in the wake of the Covid-19 pandemic…
26 May 2022
- Elon Musk will drop one of the riskier components behind his $44 billion bid for Twitter, a move you can read as a smart one given the single direction markets have moved over the past few weeks: down, down, down. Musk has scrapped a plan to take out a…
26 May 2022
- KCB Group PLC’s profit after tax surged 54.6 percent to Ksh9.9 billion in the three months ending March 2022. This rise from Ksh6.4 billion a similar period last year was boosted by growth in total income and reduction in loan loss provision. Revenues…
26 May 2022
- The GTC office tower is now the second tallest building in the country, only behind the 200-metre Britam Tower and is equipped with 11 high-speed lifts.
26 May 2022
- Kenya appears to be further than ever from reducing cigarette sales and smoking. Its decision not to have any smoking reduction plan or policy since 2015, is proving to be good news for the smoking industry. For, without it, the government’s cocktail of…
26 May 2022
- The national demand for electricity has hit a new peak demand of 2,051MW up from 2,036MW recorded in November 2021, pointing to accelerated growth and recovery in demand which slowed down in the wake of the COVID-19 pandemic. The new peak demand was…
26 May 2022
- Geothermal Development Company has said it will add 49 megawatts of geothermal power to the national grid from Menengai Crater after an 11-year wait.
26 May 2022
- Eveready East Africa Plc cut its net losses to KSh 8.4 million in the first six months ended 31st March 2022 compared to a net loss of KSh 25.9 million in H1
26 May 2022
- New skyscrapers are gradually eclipsing the old landmark buildings that had been the hallmark of Nakuru's history from the 60s to the 80s.
26 May 2022
- Lawyer Omwanza Ombati says in a petition filed before the High Court that the rules published in the Kenya Gazette unjustifiably limit freedom of expression.
26 May 2022
- NAIROBI, Kenya, May 26 – Co-op Bank Group has reported a Profit after Tax of Sh 5.8 Billion compared to Sh3.5 Billion reported in 2021, delivering a competitive Return on Equity of 23.8 per cent to its shareholders. The results were boosted by the Co-…
26 May 2022
- Financial technology firm which operates in Kenya, Bankingly, has raised $11 million in equity financing as it seeks to expand in Kenya and regional countries.
