Flame Tree Group has recorded a 17 per cent increase in full year net profit to Sh179 million boosted by growth in products sales.
Earnings per share increased by 15.8 per cent to Sh. 1.10 from Sh. 0.95 the previous...
1. Aliko Dangote (Nigeria), $16.7bn
Dangote owns 90% of publicly traded Dangote Cement through a holding company – a percentage that exceeds the 80% ownership ceiling set by the Nigerian Stock Exchange. Dangote's spokesperson told Forbes that the company has...
1). Be cautious. Approach the car dealership like you approach a very appealing new date. You know how careful, even hesitant you can be when you see a fascinating stranger? That attitude works really well when it comes to...
Chase Bank depositors can now breathe easy as the bank is set to resume normal operations today. This follows a three week agonizing period during which Chase Bank has been closed and under receivership.
The bank will reopen doors in...
Local entrepreneurs will now get a chance to get funding for their business ideas. This after the Kenya Commercial Bank (KCB) and Nation Media Group's NTV partnered to launched a local version of the popular Shark Tank funding program...
Investment bank Dyer & Blair has launched a securities trading app which will enable investors to trade from their smart phones.
This follows the development of an android app dubbed 'Edge'. “You can monitor your stock watch list, execute trades...
Kenya Airways (KQ) pilots have threatened to down their tools within 48 hours if chief executive Mbuvi Ngunze is not sacked or does not resign.
Through their union, the Kenya Airline Pilots Association (Kalpa), the pilots claim that the leadership...
Former First Lady Lucy Kibaki is dead. A statement by President Uhuru Kenyatta stated that Mrs Kibaki died on Tuesday morning while being treated at Bupa Cromwell Hospital in London.
Mrs. Lucy Kibaki had been transferred to the hospital after...
“I started my business as a hobby at 21 and I’ve been running it for three years now,” says Vanessa Mukami, 25.
The first born in a family of two girls did not initially intend to go into business. At...
BY KANANU IMATHIU
Even with the rising middle class and increasing disposable incomes, eighty-three percent of vehicles bought in Kenya in the last two years were used vehicles, according to a survey recently conducted by PwC titled Kenya Motor Vehicle...
