National Bank of Kenya (NBK) has sunk further in the woods. This is after the troubled bank returned a net loss of Sh. 278.5 million in the first quarter of 2018. This was slide away from the Sh. 59.4...
When it comes to the Toyota Sedan class, the likes of Toyota Allion vs Toyota Premio are primarily referred. Since their arrival in 2001, both Toyota Allion and Premio have been in the news. Both the vehicles are extremely...
China's rise to global economic superpower: The International Monetary Fund (IMF), the most prestigious international financial institution in the world, has rated China’s ranking to number one economic superpower in the world — surpassing those of the United States...
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...