I&M Holdings has posted a 15.8 per cent growth in net profits from the first quarter of 2016.
I&M's net profit increased by Sh. 300 million from Sh. 1.8 billion recorded in 2015 to Sh. 2.1 billion.
I&M's regional subsidiaries all...
In September 2013, the Capital Markets Authority (CMA) took action against rogue stockbrokers at the Nairobi Securities Exchange (NSE) who had fraudulently created and traded government securities worth up to Sh. 105 million.
Brian Muchiri, an Associate Director and Head...
All vehicles are equipped with an exhaust system, which is responsible for transporting burned engine exhaust gases from a vehicle's engine exhaust port and directing them out of the vehicle's tail pipe. Exhaust systems come in both single and...
Popular business journalist and TV presenter at Royal Media's Citizen Television, TerryAnne Chebet has launched a new line of organic body and hair oils products.
Ms. Chebet launched the beauty products dubbed Keyara Organics on Friday through her Keyara Brand...
Troubled retailer Uchumi Supermarkets has hired an operations consultant days after its Chief Operations Officer (COO) was poached back by Naivas Supermarket.
Mr. Peter Kamau was hired to assist in the retailer’s “overall stabilization and growth strategy.” He holds over...
Volatile stock markets, cratering oil prices and a stronger dollar led to a dynamic reshuffling of wealth around the globe and a drop in ten-figure fortunes for the first time since 2009. Currently, there are 1,810 billionaires in the...
Mumias Sugar is set to lease out its water bottling plant in a bid aimed at recovering from its current lose-making position.
The move comes four years after Mumias established the plant at a cost of Sh. 200 million.
Mumias Sugar...
The StarTimes Swahili channel is set to launch a new series dubbed TALAKA as demand for East African content increases. The new series will debut on StarTimes tomorrow at 7.30 pm.
StarTimes subscribers will be able to catch the intriguing...
The first phase of the Standard Gauge Railway (SGR) line from Mombasa to Nairobi is almost complete, with the second multi-billion phase covering Naivasha, Kisumu and Malaba set to kick off late next year.
However, serious queries are being raised...
Transaction Cancelled! This is one of the messages bank customers have been getting when trying to withdrawal money in denominations of Sh. 500, Sh. 100 or Sh. 200.
While some banks have been courteous to explain to their customers why...
