Kenya plans to raise $1 billion (Sh100 billion) by listing its National Oil Corporation at home and on the London Stock Exchange by early 2019.
The country also intends to buy a share of two oil blocks held by Tullow...
Mumias Sugar Company's net loss has widened to Sh. 6.77 billion in the year ending June.
The loss increased by 42 per cent from the previous year. Mumias registered an after-tax loss of Sh. 6.77 billion in the period under review, compared...
Coffee farmers in Meru County can now heave a sigh of relief. This follows a plan that will see them get their coffee payments within 30 days of delivery through the Co-operative Bank.
This payment will which has been organized...
National Bank of Kenya's (NBK) net profit fell by 73.5 per cent in the nine months to September. This is after its interest income from loans fell by half.
It's net earnings dropped to Sh. 138 million from Sh. 521 million...
Since 1970 when it was founded to manufacture garments by Bhimji Depar Shah, Bidco has gone on to become the largest producer, marketer, and retailer of consumer goods in the region with over 40 different brands under its belt.
In...
Family Bank has posted a loss of Sh. 743 million compared to a net profit of Sh. 963 million during a similar period last year.
Net interest earnings went down by 46 per cent to Sh. 2.94 billion in 2017 in...
BY PHARES MUTEMBEI
Nicholas Kirimi used to be one of key photographers in Meru County during the former regime. But when a change of guard happened this year, the photography door closed. He had to find a new way to...
BY DR JOHN MUCHBI
A farmer needs to understand flock production capabilities, how to budget for feeds for layers up until the point of lay, when to expect the first eggs, factors that may influence onset of lay, when to...
Mortgage lender Housing Finance’s (HF) net profit fell 81 per cent in the nine months to September. This was a fall equivalent to Sh. 678 million.
Profit stood at Sh. 159 million, down from Sh. 837 million during a similar...
Investment firm Centum has announced a profit drop for its half year period.
Centum reported a Sh. 1.6 billion profit after tax, down from Sh. 2.1 billion during a similar period last year.
It attributed the drop in profits in the six...
