This article by Jaindi Kisero first appeared in the Business Daily
We are truly in the middle of a debt trap. In an interview with Reuters this week, Treasury secretary Henry Rotich disclosed that Kenya has no choice than to...
Co-operative Bank of Kenya has posted a Sh. 9.54 billion net profit in nine months.
During this period, the bank's total non-interest income however increased 3.4 per cent to close the period at Sh. 10.14 billion.
This was mostly driven by fees on...
Uchumi Supermarket ha hired former Nakumatt Supermarket's chief marketing officer Andrew Dixona its new chief operating officer (COO).
“The board (of Uchumi) has approved the appointment of Mr Dixon as the chief operating officer of the company,” Julius Kipngetich, Uchumi’s chief executive,...
KCB has posted a a 5.03 per cent profit growth in third quarter net profit to Sh. 15.1 billion.
The bank defied a 3.6 per cent total interest income drop to Sh. 46.8 billion to post positive profit growth.
“As the business environment...
Cars bearing outdated South Sudanese registration plates on Kenyan roads will be impounded by the National Transport and Safety Authority (NTSA).
This follows changes in numbering system by South Sudan. The country has nullified number plates series starting with CE, EE,...
Kenyan billionaire Chris Kirubi has flown to the US for specialised treatment after receiving medication in a top local hospital for about two weeks.
Centum chief executive James Mworia confirmed the sickness in an internal memo sent to staff late last...
Cement maker East African Portland Cement has recorded Sh. 1.4 billion loss for year ended June 30.
The company which recorded a net profit of Sh. 4.1 billion in 2016 blames low sales and excess supply on the loss.
The company also...
A powerful former minister and head of public service has been linked to offshore transactions based on documents of Bermuda-based law firm Appleby.
Apparently, Ms. Kosgei used a secret Mauritian-registered firm to buy a $1 million (Sh. 103.66 million) apartment in Central...
The second SGR passenger train has started running. The new service that commenced on Wednesday, Nov 1, will be an express train set to depart the Nairobi and Mombasa Termini at 3:30 pm.
The existing morning train has now been...
BY CAROLINE WAMBUI
Kagumo Hort-Farm is a three-and-half-acre venture fenced with Tithonia diversifolia (Mexican sunflower).
Owner Muriithi Musa, dressed in a blue overall, a matching hat and a black pair of gumboots, is busy feeding chickens when we arrive.
“Currently I have...
