Equity Net Profit: Equity Bank has reported a net profit of Sh. 15.8 billion in the third quarter ended September 30, 2018. This was an 8 per cent increase from the Sh. 14.6 billion posted in a similar period...
Ena Sacco Matatu: A matatu has dazzled Kenyans by sporting an executive interior.
The matatu is owned by Ena Sacco and is plying the Nairobi- Mombasa route.
Reports indicate that it is charging Sh. 5,000 for a one way ride.
The matatu...
BY BUSINESS DAILY: Number plates in Kenya: The Kenya Revenue Authority (KRA) has allowed imported vehicles to exit the Port of Mombasa without number plates following a supply hitch at Kamiti Maximum Security Prison.
The taxman said it allowed imported...
State companies on sale: The government is planning to sell 26 companies to fund the current budget. Already, the Privatisation Commission has approved sale of 26 state-owned corporations to raise funds to support the budget.
Currently, there are 262 state corporations...
Sylvia Mulinge's Job: Leading telecommunications firm has appointed Sylvia Mulinge to the newly created position of Chief Customer Officer (CCO).
This appointment was made as Safaricom chief executive officer Bob Collymore made key changes to the Safaricom top executive team.
In...
Leading telecommunications firm, Safaricom, has announced a Sh. 31.5 billion net profit in the six month period ended September 30.
This record profit net represented a 20.2 per cent increase compared to the Sh. 26.2 billion net profit that Safaricom...
BY DAILY NATION: Nairobi County is set to install more modern CCTV cameras and streetlights in the Central Business District (CBD) to enhance security, and convert Moi Avenue into a one way street.
This is in addition to the county...
Cost of power tokens: Cost of power for domestic and Small Commercial Consumer has been reduced by Sh. 2 and Sh. 5 Kilowatts per hour respectively.
Energy Regulatory Commission Director General Pavel Oimeke on Wednesday said the charge for domestic...
BRT in Nairobi: Kenya's capital city, Nairobi, has received a Sh. 5 billion grant from the European Union for the construction of a Bus Rapid Transit (BRT) system.
This amount was a major boost to the Sh. 9.6 billion that...
KRA TAXES: The Kenya Revenue Authority is set to take its tax netting game a notch higher. This follows new revelations that the tax man is set to start monitoring and tracking Kenyans to their lands and homes online.
According...
