Eveready East Africa cut its net losses by 56 per cent in the year ended September 2015 but remained far from making a profit for shareholders.
The firm’s Sh77.7 million loss in the period, down from Sh177.5 million the year...
Mid-tier lender Family Bank will have to scout for a new boss after its current Chief Executive Officer Peter Munyiri announced that he will relinquish his position in June.
Munyiri, who joined the bank in 2011 following the resignation of...
Retail chain Uchumi Supermarkets has changed tack on its ongoing sale of assets, preferring to only dispose part of the land on which the flagship Ngong Road branch is built and part-lease the Lang’ata Hyper store.
Uchumi attributed the changes...
Radiators play a very vital role in the running of the car and maintaining the engine. A radiator has fins where water passes through a thin layer lined up vertically. The water is cooled through a fan before it...
The Kenya Film Classification Board (KFCB) has defied the ICT Cabinet Secretary on the regulation of US video streaming service Netflix, saying that it streams immoral content.
The board states that Netflix must conform to local regulations, since there is...
A lobby group wants the top management of Kenya Airways disbanded within seven days, citing lack of confidence in its ability to oversee the troubled carrier’s recovery from a massive financial loss.
The Kenya Airline Pilots Association (KALPA), in a...
When Monica Cherotich, a Nairobi-based medical practitioner, heard about low-cost housing units coming up in Mtwapa on radio one morning, she immediately contacted the agent.
“I could not believe that with Sh2.5 million, I could own a one-bedroom apartment,” she...
Kenya Airways’ board has appointed Dick Murianki as the acting group finance director in a move largely seen as part of the turnaround strategy the national carrier is undertaking to recover from dwindling fortunes.
Mr Murianki is a long serving...
Crown Paints is set to open a Sh400 million factory in Kisumu. This is expected to help the firm cut costs as it seeks to cash in on the growing real estate market in the Western region.
The paint maker...
Majority of people assume that to start a rewarding agribusiness venture, you need a big seed capital. Let’s say Sh10,000, Sh20,000 or maybe Sh5,000. But one farmer in Nyeri is proving that even with seed capital as small as...
