A Kenyan entrepreneur has won a multi billion tender to construct a gas plant in Mozambique.
Humphrey Kariuki, who owns UK-based firm GL Africa Energy won the Sh. 37.5 billion tender. He will build and operate the 250-megawatt gas-powered plant in...
As a young entrepreneur who says her mission is to help others reach their potential, Caroline Ghosn understands the link between happiness and doing work that is of value.
Ghosn is the founder and CEO of Levo, an online hub...
Kenya Airways has recorded increased passenger numbers.
The national carrier recorded a marginal increase in passenger numbers in the last quarter of 2016. The numbers rose in the wake of sweeping changes effected by the airline's new management team late last...
Airtel Kenya has a new chief executive officer. This is after Bharti Airtel, the parent company that owns Airtel appoint its Bangladesh manager to head its Kenyan branch following the exit of CEO Adil El Youssefi.
Airtel veteran Prasanta Das Sarma, formerly...
Eveready East Africa has announced that it posted a net loss of Sh. 206.5 million for the full year ended September 2016.
This was an increase of 2.5 per cent. In the same vein, its revenues halved to Sh553.3 million.
In the...
Manufacturers of dairy and chicken feeds have increased the prices of their products. This follows an unprecedented rise in the prices of dry maize.
On average, livestock feeds have gone up by between Sh50 and Sh70 per 50kg bag depending...
Banks that gave Mombasa tycoon loans amounting to over Sh. 8 billion are set to start auctioning his 6,700 acres in a bid to recover their money.
KCB Group, NIC Bank and Bank of Africa (BOA) are among the lenders...
Uchumi Supermarkets yesterday crashed to Sh. 2.80 per share after announcing a full year net loss for the 2016 financial year.
By end of trading yesterday, Uchumi was selling at ana average price of Sh. 2.85. This was a fall...
Uchumi Supermarkets has announced a net loss of Sh. 2.8 billion for the 2016 year.
This was a 17 per cent improvement from the Sh. 3.4 billion the retailer announced in the 2015 financial year.
Net sales declined to Sh6.4 billion...
The Central Bank of Kenya (CBK) has retained its base lending rate at 10 per cent.
According to the Monetary Policy Committee (MPC), there was no need to increase the Central Bank Rate (CBR) since inflation will stay within the preferred...
SportPesa has launched a major multi-sport sponsorship investment, spanning Boxing, Motorsports and Rugby, reaffirming its long-term commitment to the growth,...
