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...
Animal feed serves up one of the biggest headaches for farmers. Actually, feeds account for more than 60 per cent of total production costs. But one farmer has gotten his way around this. James Nyamai, an engineer, has mastered...
Kenya’s used car dealers have sounded the alarm over the growing importation into the local market of Uganda-registered vehicles whose quality is not known and for which no taxes have been paid.
Many Kenyans are reportedly now involved in a...
Prospective buyers wishing to own their dream homes are increasingly being locked out by overpriced mortgages demanded by banks. Commercial banks are being seen as not keen to bring down interest rates in line with the aspirations of the...
Nairobi county Governor Evans Kidero has cancelled all designated taxi ranks in the city centre in a fresh bid to decongest the city.
City Hall argues that the taxis have been causing congestion by occupying most of the parking spaces in the...
