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...
Industrial and Commercial Development Corporation (ICDC) has announced that it will finance home buyers by up to 80 per cent.
The state corporation will offer financing to buyers looking to take up its Mombasa-based real estate development project , The...
My name is Phil Duke, an entrepreneur and mentor. I have mentored, to one extent or another, numerous professionals from earnest young go-getters looking to conquer the world to worried and displaced middle-aged workers looking for safe harbor. Mentoring isn’t...
East African Breweries Limited (EABL) has announced a 27.7 per cent drop in net profit for the half year ended December.
The beer maker’s net profit from continuing business for six months through December 31 grew by a marginal 1.84 per...
The number of electricity consumers who are using prepaid meters has hit over 2.3 million.
This is according to Kenya Power data which shows that by the end of June 2016, prepaid customers stood at nearly half of all its...
There is probably no larger inconvenience that getting your decoder disconnected just when you're watching something interesting. At times, get connected again can be a hustle, especially if you are trying to get access after the requisite office period.
However,...
