KenGen’s net profit for the six months to December has grown 15 per cent on increased sales even as higher operating and financing costs weighed down its performance.
The NSE-listed electricity producer has reported that its after-tax earnings for the...
Kenya Commercial Bank (KCB) has launched plans to deepen its foray into Islamic finance as it eyes eight Sharia-compliant branches by year end.
The lender has opened a second branch in Wajir town through its Islamic finance arm, Sahl Banking,...
As a car owner, getting your brakes serviced is a part of ownership, but do you know if you are getting the best service? Let’s start with common reasons you may find yourself at a mechanic for brake service…
Brake...
If your cow is lactating, the ideal time for serving a cow is 60 to 90 days post calving. At this stage, the cow is at its peak of milk production. Maximising milk yield by meeting the cow’s nutrient...
Kenya Power announced a 16.4 per cent drop in net profit for the half year ended December, as increased expenditure offset additional income earned from connecting an additional 1.1 million customers in the period.
The utility’s net profit stood at...
Mortgage Financier Housing Finance Group announced Thursday its profit after tax rose 23 per cent to Sh1.2 billion for the year ended December 31, 2015 compared to Sh975 million during a similar period in 2014.
HF Group Managing Director Frank...
East African Portland Cement has issued a profit warning after it sank deeper into loss owing to higher financing costs and forex losses.
EAPCC reported a net loss of Sh531 million for the half year ended December compared to an...
Beijing has surpassed New York City to become the "billionaire capital of the world" with 100 resident billionaires to the US business and cultural capital's 95, a survey showed.
The number of Beijing billionaires rose by 32 from last year,...
Oil marketer KenolKobil has sold its subsidiaries in Tanzania and the Democratic Republic of Congo, marking an exit from the two countries.
Selling the subsidiaries now leaves Kenol with a presence in Kenya, Uganda, Zambia, Rwanda, Ethiopia, Burundi and Mozambique...
Barclays Bank of Kenya yesterday launched a mobile card payment solution in a move that will see the lender position itself to grow its revenue.
The Barclays Mobile Point of Sale (MPOS) launched is a platform that allows consumers to...
