With 22 African billionaires this year, the number on the list has dropped by seven, compared to 29 the previous year. The list, which is available in the February issue of Forbes Africa, is dominated by Egyptians, who have...
Had Denis Rosana realised during his 13-year tenure as a driver that dairy farming is a money-spinning venture, he would have quit in his first year of employment.
Rosana's farming venture has done so well in the past five years...
The electricity generating agency has secured a Sh38 billion loan from Japan to fund a new power plant in Olkaria. Kenya Electricity Generating Company (KenGen) says the deal with the Japan International Cooperation Agency (JICA) will fund the construction...
Speaking for the first time about the events that preceded his unceremonious sacking, former Uchumi CEO Jonathan Ciano has said that he knew he would be fired soon after Uchumi's rights issue was completed in December 2014.
READ: Kipng'etich: Jonathan...
Kenya Airways shareholders are likely to be stuck with a negative net-worth position for the next four years even if the company’s profit position recovers under the restructuring, analysts at Genghis Capital say.
KQ ended up in negative equity position...
Wananchi Group, the owners of Zuku TV and Internet brand, has increased its monthly subscription charges for television and broadband by between two and 15 per cent.
The new rates, which become effective on February 15, will see subscribers of...
Former Uchumi CEO Jonathan Ciano was the major supplier of fresh produce to the retailer's outlets and always paid himself before other suppliers, the firm's new boss has revealed.
Detailing the massive fraud that he has so far unearthed from...
Studies show that all animals need mineral supplementation for sound reproductive health and general wellness. For a dairy animal, research has proven that dairy cattle require trace mineral supplementation daily.
Sound dairy trace mineral nutrition helps improve animal health and...
Bamburi Cement says it has earned Sh1 billion from supply of cement to the standard gauge railway (SGR) contractor, making it one of the biggest gainers from the ongoing construction of the Mombasa-Nairobi line.
The cement maker is among local...
Only two listed insurers are now yet to issue profit alerts after Liberty Holdings warned its profit would fall by at least 25 per cent at the weekend, making 2015 one of the worst years in the industry’s history.
Composite...
