Kenya’s largest bank by assets, KCB, has recorded a profit dip in the first quarter of 2017.
The bank posted a net profit of Sh. 4.54 billion in the three months to March 2017 compared to Sh. 4.63 billion in...
The demand for prefabricated items for houses and road construction, like blocks and culverts, has increased tremendously with the growth of Kisumu’s real estate sector. This increase has been the gas fueling Ms Christine Jackino's firm, Building Construction Concepts...
Household goods, crops and livestock will now be used as security against bank loans.
This is after President Uhuru Kenyatta signed into law a bill allowing the use of these commodities as security against loans.
The new law is aimed at...
MONA OMBOGO / STANDARD
At 30-years, Kyalo Munyao, is a relatively young entrepreneur. However, his journey in entrepreneurship has seen him experience the highs and worst of lows you can ever go through in business.
After graduating from the university, Kyalo...
The PrideInn Group of hotels is facing closure. This is after a Mombasa hotelier asked the High Court to wind up the PrideInn Group of Hotels over a Sh. 87 million debt which is linked to a lease row.
Salim Sultan...
Safaricom chief executive officer Bob Collymore's term at the helm of Safaricom has been extended by two more years.
His contract was due to expire in August after it was renewed for two years in May 2015.
"He has successfully navigated...
The Kenya Revenue Authority (KRA) has raised the amount of fine individual Kenyans who don't file their taxes will be fined.
KRA has raised the amount to Sh. 20,000 from Sh. 10,000 fine that was imposed last year.
“We are reminding...
Geoffrey Odundo is the chief executive officer at the Nairobi Securities Exchange (NSE). He has been the CEO at the NSE since 2015.
Greatest financial milestone: My greatest milestone has been making a conscious decision to invest in East African...
When looking to venture into pig farming, the beginning point is to have good gilts (female pigs yet to give birth) and nice boars (male pigs). So what do you look for when selecting this stock?
A good gilt
Good gilt...
Nakumatt Supermarkets has announced that it will shut down more branches beginning this month.
the branches will be closed in both Kenya and Uganda. The first to be axed will be Nakumatt Haile Selassie Avenue branch in Nairobi,.
This branch located...
