BY BUSINESS DAILY
Britam’s chief executive officer Benson Wairegi earned Sh. 69.6 million in the year ended December, the insurance firm has disclosed in its latest annual report.
Mr Wairegi’s pay increased only marginally from Sh69.2 million the year before. Britam...
BY DAILY NATION
Young people will no longer be registered under the Credit Reference Bureau (CRB) for defaulting on loans, Youth Fund Chairman Ronnie Osumba has said.
Speaking during the Youth Economic Dialogues in Nairobi on Tuesday, Mr Osumba said his...
Many small and medium businesses have been going through a major financing struggle. This has been aggravated by the tightening of credit offering by a majority of Kenyan banks following the introduction of a law that capped interest rates...
Little-known Kenyan billionaire Humphrey Kariuki has entered into an agreement that will now see him construct a Sh. 40 billion gas power plant in Mozambique.
Kariuki has struck the deal through his Great Lakes Africa Energy (GLAE) firm, which is...
In 2014, businessman George Kariithi opened a Sh. 250 million supermarket outlet along Nairobi's Moi Avenue.
At the time, the businessman who is thought to be a billionaire, said in an interview that the outlet named “Karrymatt Downtown” in KTDA...
Cash-strapped retailer Nakumatt Holdings has put some of its goods on sale to clear stock as it plans its recovery strategy.
It is offering a 50 per cent discount on non-food items to raise cash to shore up operations in...
The 64th annual Fortune 500 list is out. With $12.8 trillion in revenue–2/3rds of U.S. GDP–and 28.2 million employees worldwide, these companies remain the most important engine of both the U.S. and the global economy.
Some takeaways, provided by Fortune...
For a long time, consumers have had to rely on the traditional television set when accessing information and entertainment. With the advent of technology, this reliance has shifted to Pay Tv, with premium pay television service providers setting base...
Once you make the decision to start making smart investments, the simplest way of thinking about it when trying to define your objective is asking yourself two simple questions.
First, what you are going to use this money for and...
Standard Chartered Bank is set to start issuing unsecured loans using a new method. The new method will see the bank track and analyse borrowers’ transactions dating back to 10 years, helping lock out those who do not meet...