In the first half of 2024, nine largest banks in Kenya that are listed on the Nairobi Securities Exchange collectively reported a net profit Sh. 120.3 billion. How did this performance come about? Let us take a look at...
The Jomo Kenyatta International Airport is set to be handed over to Indian firm Adani Airport Holdings that is owned by the larger Adani Group in November 2024.
This has been revealed by an insider report by a local media...
A nationwide power outage was reported on Friday across many parts of the country.
The power outage occurred close to 10pm and was acknowledged by Kenya Power a few minutes after 10pm.
According to the power utility firm, only parts of...
The Standard Media Group has announced a half year loss increase to Sh. 111.6 million. The loss came as the troubled media house's revenues dipped by 16.8 per cent to Sh. 1.05 billion from the previous half's Sh. 1.3...
A feasibility study report on the Jomo Kenyatta International Airport (JKIA) had recommended for competitive investment partnership bidding.
The feasibility report was undertaken by the Spanish consultancy firm ALG in February 2024. The report noted that Kenya would have the...
When it comes to the drink of choice for film stars, it is Don Julio 1942 that takes the crown. Celebrated in exclusive cocktail bars, restaurants and nightclubs, the iconic tequila is the choice of connoisseurs around the globe.
Launched...
Bamburi shares hit a high of Sh. 70 per share a day after Kenya's Savannah Clinker Limited offered to acquire the entire Bamburi Cement company for Sh. 25.41 billion.
At the end of trading on Thursday August 29, 2024, the...
Passengers flying into and out of Kenya via the Jomo Kenyatta International Airport should expect to cough up more for air tickets once Indian firm Adani Airport Holdings takes over operations at the airport.
According to part of the takeover...
Kenya Airways has announced that it is not interested in investment partnerships with airlines from the Middle East. This comes as the national carrier goes out in search of a strategic investment partner.
By ruling out investment partnerships from the...
Canada has ended a temporary public policy that allowed visitors to apply for work permits from within its borders. The end of the temporary effectively bans people with visitor visas from applying for work permits from within Canada.
The policy...
