Centum investment has recorded a drop in its full-year net profits to Sh2.7 billion from Sh8.2 billion in 2017 mainly due to lower property valuation gains and tough business environment in 2017. The Company’s full-year pre-tax profit dropped 64...
Kenya Airways has announced that it paid its former chief executive officer, Mbuvi Ngunze, a total of Sh. 104.8 million when he left the airline last year.
Mr Ngunze earned a total of Sh. 89.9 million in the nine months...
Former radio queen Angela Angwenyi has been caught up in the NYS cash theft scandal yet again.
According to a report appearing in the Business Daily, Ms. Angwenyi's bank account is among the over 115 bank accounts that have been...
Frozen bank accounts in NYS scandal: As investigations into the mega theft of some Sh. 9 billion NYS cash gains steam, more than 115 bank accounts have been frozen.
The frozen bank accounts in NYS scandal, which are in 14...
Kenyan youth, women, disabled persons and small enterprises are set to start getting government loans at 6 per cent interest under the Biashara Kenya Fund.
The cheap loans follow a decision by the government to consolidate existing youth and women...
BY THE STANDARD
A close relative of President Uhuru Kenyatta was among suppliers who were paid millions of shillings by National Youth Service (NYS).
Paul Gathecha Muhoho company, Petrokenya Oil Company Limited, made Sh. 68 million this year for supplying diesel...
If you are a customer with the Kenya Commercial Bank, you may find yourself wondering where you can locate a branch in Nairobi to carry out your banking needs. In this feature, we bring you a full list of...
BY BUSINESS DAILY
Peter Munga is set to sell 348.5 million shares of financial services firm Britam worth Sh. 4.8 billion to Zurich-based insurance giant Swiss Re, completing his disposal of the 452.5 million shares he acquired from former owner Dawood...
Lipa na M-PESA is a service that allows you to pay for goods and services easily through your phone.
Lipa na M-Pesa charges: Buying goods
To Lipa Na M-PESA, go to the M-PESA Menu, select Lipa Na M-PESA and select Buy...
The Mumias stock has dropped to its all time low of 70 cents. This means that the stock has given the Mumias Sugar a market valuation of just Sh. 1 billion.
The troubled company was a week ago beset by...
