Kenya Electricity Generating Company (KenGen) has posted a net profit of Sh. 9.1 billion from Sh. 6.74 billion recorded a year earlier..
This represented a 34.31 per cent growth in profitability. However, Kengen declined to pay shareholders dividend, citing cash flow...
KCB through its foundation has launched a plan that will see it set up container-based beauty salons.
The modified shipping container will be retrofitted to host a beauty salon and will act as an incubation hub for students who have...
Woolworths has closed its Thika Road Mall (TRM) store in Nairobi. The retailer has blamed low sales for the closure.
Woolworths attributed the depressed volumes to the fact that the shopping complex did not serve its target market, as well...
This report was first published in the Daily Nation
The resignation of Commissioner Roselyn Akombe from has exposed a heavily divided electoral commission led by a chairman who does not seem to be fully in charge.
Dr Akombe fled to New...
The National Hospital Insurance Fund (NHIF) has added 204 public, private and faith-based hospitals and dispensaries to its list of accredited facilities, offering Kenyans more places to access healthcare.
The move comes amidst a prolonged nationwide nurses’ strike that has...
Police officers have now expanded their raids into residences of controversial billionaire Jimmy Wanjigi. By 1pm on Tuesday, the police were holding raids at his offices located at Kwacha House and his Caramel restaurant which is located at ABC...
Billionaire businessman Peter Munga has settled an outstanding loan with Jamii Bora.
The payment has averted the auctioning of his Sh. 400 million property.
Apparently, the outstanding debt stood at Sh. 25 million which he had guaranteed a friend.
Galaxy Auctioneers last...
A 90 kilogram bag of maize will sell at Sh. 3,200. This is according to the Ministry of Agriculture.
Agriculture cabinet secretary Willy Bett announced the price, which is six per cent more than last year’s when the National Cereals...
Billionaire industrialist Chris Kirubi has added a new super expensive toy to his collection of cars.
Mr. Kirubi is the new owner of a customized Bentley Bentayga W12 Signature.
The sports utility vehicle is worth $368,299 which is equivalent to Sh....
Billionaire businessman Peter Munga’s Sh. 400 million estate has been put for auction over an unpaid debt.
Galaxy Auctioneers, in a notice published in the local dailies, invited those interested in buying Mr Munga’s five units of four-bedroom maisonettes in...
