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Cars bearing outdated South Sudanese registration plates on Kenyan roads will be impounded by the National Transport and Safety Authority (NTSA).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...
Paul Muhami is a finance management, entrepreneurship and investment advisor. He is also the managing director of Nairobi Success Academy, a personal development and investment consultancy firm.
Building wealth: Learning to pay myself first was my catalyst to meaningful wealth creation....
Raila Odinga's National Resistance Movement has told its supporters to start boycotting products from Bidco Brookside and Safaricom.
NRM says the boycott is an act of economic sabotage against corporates they claim are affiliated to the Jubilee administration.
On the eve...
BY THE STANDARD
Plans to electrify the Mombasa-Nairobi Standard Gauge Railway (SGR) in four years’ time could cost the taxpayer an additional Sh. 65 billion. The Ministry of Transport had initially put the cost of upgrading the 609km of railway...
