The following analysis by George Bodo was first published in the Business Daily
The stock market hasn’t been impressive in the first half of 2015. The NSE 20 Share Index lost 4 per cent while the All-Share Index returned just...
A motorist spending Sh2,000 for fuel and using Safaricom’s mobile money wallet Lipa Na M-Pesa will now pay Sh10 more compared to a person paying using cash or plastic cards. This follows a decision by some fuel station dealers...
The following report was first published in the Business Daily.
An Equity Bank Uganda executive has allegedly swindled the lender of $2.8 million (Sh282 million), adding the Kenyan firm to the growing list of companies that have been hit by...
Greece missed a crucial debt payment to the International Monetary Fund, the fund said early Wednesday, deepening a crisis that has haunted world leaders and financial markets over the past week. The development came as Greece’s European creditors each...
More often than not employees have the perception or attitude that they are irreplaceable within the organization. If you look closely, most of them are easily replaceable. However, there are a few whose skills and work output are irreplaceable....
Greece, the weak link in the eurozone, is inching closer to defaulting on its debt. The country has been in a long standoff with its European creditors on the terms of a multibillion-dollar bailout. If the country goes bankrupt...
Olympia Capital has announced plans to close two of its loss-making subsidiaries, indicating yet another financial blow to shareholders of the NSE-listed firm. The company is shutting down Dunlop Industries, a Nairobi-based manufacturer of vinyl floor tiles, and Cape...
The following analysis by Tony Watimu, an economist, was first published inside the Business Daily.
Years ago when I worked for Kenya Airways (KQ) as an intern, I was under the stewardship of a jovial man who was just a...
CFC Stanbic Bank has been ranked as the best bank likely to deliver the best return over the long-term, 3 to 5 years, and which has the best franchise value. This is according to a market report prepared by...
Mauritius is not in a hurry to sell a 23 per cent stake in British-American Investments Company Kenya ( Britam), which it seized from a disgraced tycoon, because its share price is too low, the government’s receiver said last...
