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Shareholders: Safaricom pays Sh301b dividends, employs 1m

By | 1 month ago

Safaricom shareholders have pocketed Sh301 billion since the firm went public in 2008 on the back of  the firm’s record of paying progressive d...

How banks plan to evaluate borrowers post rate cap era

By | 1 month ago

Kenya Bankers Association (KBA) has unveiled how it intends to roll out a risk-based credit pricing mechanism for borrowers if loan capping law is rev...

Oil consortium seeks to raise Sh310b from Nairobi bourse

By | 1 month ago

Kenya is edging closer to a final investment decision (FID) of Turkana oil amidst indications firms involved in the project plan to raise $3 billion (...

Maize farming. Photo/Courtesy
State will not import maize this year, says CS Wamalwa

By | 1 month ago

The government will not import maize despite the current gap in the national food reserves and high prices of flour, Devolution Cabinet secretary...

Banks exploit policy gap to inflate short-term loan rates

By | 1 month ago

Peter Okong’o Higher rates of default by borrowers are pushing up the cost of short-term debts that include credit cards and mobile loans. A top tie...

‘Black Tax’: Never be too kind, save and invest

By | 1 month ago

Waithaka Gatumia There is an expectation that if you are African and have a job, you will take care of the wider community needs. This is the so-calle...

The high cost of building materials slowing cheap housing project

By | 1 month ago

Harrison Kivisu Players in the building industry have sounded the alarm over the cost of manufacturing building materials in the country as a key obst...

Treasury: KCB Group sure of sealing NBK acquisition deal

By | 1 month ago

Zachary Ochuodho KCB Group is confident of sealing its takeover offer of National Bank of Kenya (NBK) by the end of August even as MPs asked National ...

Kenya sells its first barrels of oil to UK-based Chinese firm

By | 1 month ago

Noel Wandera ChemChina UK Ltd has been selected as the buyer of Kenya’s first crude oil export. A joint statement from the Kenyan government and Tul...

Housing: Will Property developer Home Afrika rise from ground zero?

By | 1 month ago

Property developer Home Afrika has ventured into selling of smart plots to help them raise enough funds to accelerate completion of its projects. This...

Why regulator cut pump prices for petrol, diesel in latest review

By | 1 month ago

Motorists got a reprieve after Energy and Petroleum Regulatory Authority (EPRA) reduced the maximum pump prices for petrol and diesel. The change in p...

Telkom
EACC calls for suspension of Telkom merger

By | 1 month ago

The Ethics and Anti Corruption Commission (EACC) could stop the proposed merger of Telkom Kenya and Airtel Network Kenya after it revealed it has open...

Maize farming. Photo/Courtesy
How Kenya, the EAC giant, is fed by smaller Uganda

By | 1 month ago

The Kenya-Uganda cross border trade has for decades grabbed headlines for all the wrong reaseons, largely illicit trade. In the process these headline...

Last week, KRA told a Senate committee that the suspended 27 betting firms in Kenya owe the State at least Ksh61 billion in withholding tax. [PHOTO | FILE]
Why if you bet with Ksh1K, and the odds are 1.2, you won’t win Ksh1, 200 but Ksh960

By | 1 month ago

Last week, KRA told a Senate Committee that the suspended 27 betting firms in Kenya owe the State at least Ksh61 billion in withholding tax....

Superfoam triumphs at inaugural e-commerce sites awards

By | 2 months ago

The Kenya ecommerce awards feted local companies with exemplary performing ecommerce websites at the inaugural ecommerce awards 2019. The pomp-filled ...

In a statement dated August 7, 2019, the East African Portland Cement company said they are suffering an average of Ksh8 million in losses daily. [PHOTO | COURTESY]
E.A Portland Cement withdraws circular announcing retrenchment of all its employees

By | 2 months ago

East African Portland Cement says it has “withdrawn” its earlier communication, which revealed its plan of sacking all its 800 employees due to to...

In a statement dated August 7, 2019, the East African Portland Cement company said they are suffering an average of Ksh8 million in losses daily. [PHOTO | COURTESY]
All East African Portland Cement employees rendered jobless beginning September 2019

By | 2 months ago

All East African Portland Cement employees rendered jobless beginning September 2019...

This is how you check if you are listed on CRB

By | 2 months ago

“What if I am listed on CRB? How many people are recorded as debt defaulters yet they don’t know?” ...

Government suspends order compelling use of SGR for cargo from Mombasa

By | 2 months ago

The government has beaten a hasty retreat and suspended a controversial order on transportation of cargo from Mombasa to Nairobi by use of the Standar...

How butterflies changed lives of Malindi farmers

By | 2 months ago

Communities living around Arabuko-Sokoke Forest, have been trained to rear butterflies for export, under a scheme to prevent deforestation....

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