During the month of May 2016, Kenyan listed banks released their Q1’2016 results recording an average growth in core earnings per share of 12.8% compared to 5.0% in Q1’2015. In summary, the listed banks can be categorized into four...
National Bank is seeking a Sh. 3 billion loan from National Social Security Fund (NSSF) to shore up its capital base.
NBK announced yesterday that the loan will be taken in as Tier II capital and allow the bank to...
Muhammad Ali has died at the age of 74, a family spokesman has said.
The former world heavyweight boxing champion, one of the world's best-known sportsmen, died at a hospital in the US city of Phoenix, Arizona, after being admitted...
2008
In 2008, Safaricom announced a pre-tax profit of Sh19.9 billion for the financial year ending March 31, 2008. This was a 16 per cent growth on the Sh. 17.2 billion pre-tax profit it recorded in 2007. Profit after tax...
Tomato is one of the most important local vegetable crops in Kenya. It is ranked second to Brassicas (cabbage and kales) in production but first in value. In year 2013, the area under tomato was 23,000 ha and production...
The Nairobi Securities Exchange (NSE) shareholders yesterday approved an additional 126.5 million new shares in a move that will see the company's share capital increase to Sh. 1 billion. Previously, the NSE had a paid-up capital of Sh778 million.
The...
An investment analyst has claimed that it will be difficult for investors to make money from the Nairobi Securities Exchage this year. Mr. George Bodo, an investment analyst who is also an investment columnist for Kenya's Business Daily made...
Eventually, and for any of many reasons, you will probably need to sell your car fast. You might sacrifice some money in exchange for a fast sale, but such is the price of quick results. Whatever the circumstances, we...
Last year, Elizabeth Holmes topped the FORBES list of America’s Richest Self-Made Women with a net worth of $4.5 billion. Today, FORBES is lowering our estimate of her net worth to nothing. Theranos had no comment.
Our estimate of Holmes’ wealth...
It is grown as a hedge plant on live fences or interfaced within range lands to be browsed by ruminants. But many farmers don’t know that lantana camara is a poisonous weed that can kill both man and cattle.
Lantana...
