HF Group (previously known as Housing Finance) has recorded a 74 per cent dip in profit for the half year ended June on the back of reduced interest income blamed on rate caps.
The lender’s net earnings in the period...
Kenyan travelers will now be able to book for the SGR trains starting from two weeks.
This is after Kenya Railways addressed hitches that had delayed the roll-out of the SGR online bookings.
The firm has also started incorporating details of...
The Co-operative Bank has posted a net profit of Sh. 6.6 billion in the first half of this year.
The profit came against the backdrop of a tight operating environment especially with the capping of interest rates, general economic slowdown in...
Wambui Muriithi is the Managing Partner at Leed Business Corporation Ltd, an investment and business advisory firm that connects investors, international private equity and venture capital firms to high-growth African businesses with proven concepts and global prospects.
Biggest money mistake:...
Pesa Link moved Sh. 8 billion in the five months to August 4 since it was launched.
The interbank money transfer platform was expected to rival telcos’ mobile money service currently dominated by Safaricom’s M-Pesa. KBA manages the switch and facilitates...
Veteran politician Kenneth Matiba has been awarded Sh. 504 million by a Nairobi court for his detention.
Although the 85-year-old former Kiharu MP will not regain his health, Justice Isaac Lenaola said, the award should act as a reminder of...
Troubles at Nakumatt appear to be mounting. This is after workers went to court to protest over unpaid salaries.
Nakumatt is also accused of not remitting pensions, pay as you earn (PAYE) deductions, loan repayments, sacco contributions, private insurance schemes...
MultiChoice has increased the number of channels available on its DStv family package to lure more customers following increased competition from Internet TV.
DStv will offer the Spanish league La Liga on its Family Bouquet beside BBCLifestyle, Food Network, Cbeebies, Trace...
Kenya's first high-speed expressway connecting Nairobi and Mombasa is set to start following the signing of a financing deal last week.
Expressways, a common infrastructural feature in developed countries, are designed for high speed traffic averaging speeds of about 120...
Businesses are incredibly difficult ventures to start. More than half of all businesses fail within five years of starting, according to statistics.
While this is far better than the traditional belief that half fail within a single year of starting, it...
Safaricom (NSE: SCOM) through its youth platform Safaricom Hook, in partnership with Coca-Cola Company's brand Sprite, yesterday toured University of...
