An increased purchasing of treasury bills and government bonds has seen Barclays Bank's profit grow by Sh. 100 million. The bank has posted a 7.5 per cent net profit growth in the first three months of the year.
The bank...
Uganda has invited bids from private investors to develop and operate a new 95km highway between Kampala and Jinja in the country’s east to ease congestion on the ageing existing road.
The estimated Sh. 100 billion ($1 billion) Uganda expressway...
Eveready East Africa is back in the loss-making territory. The battery distributor has anniunced that iy expects to report a loss in the full year that will end in September.
This has come at a time when Evereday is coping...
Kenya Oil Fields: BY THE STANDARD: Straight from a long mid-morning function, President Mwai Kibaki, all excited, confirmed news that had been sweeping across newsrooms as mere speculation.
At the tail end of a rather colourless state function, Kenya’s third...
The following piece on corruption in Kenya has been making rounds on social media. While the author is unknown, we have republished it here and would like to hear your say..
"There was a railway line running into Nzoia Sugar...
BY BUSINESS DAILY
The impending early oil export plan is not a cash-making venture but aims to test out supply logistics and determine the commodity’s price-point in the global market, the government has said.
Petroleum Principal Secretary Andrew Kamau Wednesday said...
BY BUSINESS DAILY
In 2009, Kenya’s airline industry was going through turbulent skies which resulted in mass job losses.
Constantine Mwanga, who had worked as a commercial manager at Aero Kenya Limited before the firm went under, found himself without a...
The Standard Chartered bank popularly known as StanChart has become the first major bank in Kenya to report a profit dip in the first quarter of this financial year.
This is after KCB, Equity Bank, and Co-op Bank all recorded...
Fresh photos have emerged showing how billionaire industrialist Chris Kirubi is fairing in his battle against cancer.
The photos were taken when Former Prime Minister Raila Odinga paid a visit to Mr. Kirubi.
For some time now, Chris Kirubi has been...
A 30-year-old Kenyan from Uasin Gishu County has hit the headlines after making a solar powered car.
This achievement has spoken to the untapped potential for technological advancement among the youth.
“I admired owning a car and since I did not...
