CfC Holdings' profit after tax for 12 months to December 2015 dropped 13.71 per cent to Sh4.91 billion from Sh5.69 billion the previous year.
The financial services firm's net earnings were hurt by non-interest income that contracted 9.16 per cent...
An association of vehicle importers wants a decision by Treasury Cabinet Secretary Henry Rotich, setting December 1 last year as the date when the Excise Duty Act 2015 became effective, quashed.
Through lawyer Gikandi Ngibuini, Car Importers Association of Kenya...
Kenya Airways (KQ) has sold off its prime landing slot at London’s Heathrow airport to Oman Air for an estimated Sh7.5 billion.
The decision to sell off the landing slot at one of the world's prime airports has attracted criticism,...
Mastitis in dairy cattle is the persistent inflammatory reaction of the udder tissue. It is a potentially fatal mammary gland infection.
It is caused by infectious bacteria which is the main cause or non?infectious agents like trauma to the udder.
The...
The third party cover is one of the most popular insurance covers for vehicles on Kenyan roads. Of course, this cover is very limited and does not protect the car owner from personal risks. It however takes care of...
Home Afrika has picked Egyptian company Wadi Degla to build and manage a Sh3 billion sports complex at its 775-acre Migaa gated golf community in Kiambu.
Home Afrika's managing director Dan Awendo says the Egyptian company’s local subsidiary, Wadi Degla...
Uchumi Supermarkets has announced a pre-tax loss of Sh1 billion in the half-year ended December, widening the negative earnings of Sh262.3 million reported a year earlier.
The company did not disclose its net loss position in its statement of accounts...
East African Community (EAC) leaders are considering banning the importation of used vehicles, clothes and shoes to promote motor vehicle assembly and the textile and leather industries in the region.
The ban is among the issues the 17th Ordinary EAC...
The Capital Markets Authority (CMA) has given Fusion Capital the green light to issue two Development Real Estate Investment Trusts (D-REIT), the first such securities to be launched in Kenya.
Fusion Capital plans to raise a maximum of Sh7.4 billion...
1. Be able to identify fruitful opportunities.
Carlos Slim Helu, Mexican business magnate and philanthropist, said, “When there is a crisis, that’s when some are interested in getting out, and that’s when we are interested in getting in.”
Learn to identify...
