Kenya Power is officially broke. This is what an audit of the Kenya Power financials by the Auditor General, Nancy Gathungu has revealed. Ms. Gathungu's report, which covered the period up to June 2021, show that Kenya Power's current...
NSE Day Trading: The Nairobi Securities Exchange has received regulatory approval to initiate day trading in Kenya. Following the approval, the NSE will kick off day trading on November 22, 2021.
"With day trading, a trader will be purchasing and...
Kenya has a gambling problem. This is what the results of betting transactions via M-Pesa have revealed. According to the half year financial results that were released by Safaricom on Wednesday, Kenyans spent Sh. 83.2 billion to place bets...
Safaricom 2021 Half Year Results: Telecommunications firm Safaricom has posted a next profit of Sh. 37.1 billion in the first six months of its current financial year. The profit was a 12 per cent growth from the Sh. 33.1...
Service officers from the National Youth Service have started collecting Kenya Power meter and connection details across the country. This follows a partnership between Kenya Power and the NYS. In July 2021, the Employment and Labour Relations Court gave...
Former Kenya Power boss James Gichuru and former cabinet minister Chris Okemo will face 14 years in jail for theft and money laundering in New Jersey. This is after the Director of Public Prosecutions (DPP) was given the green...
Over the past few years, the world has been swept by a wave of digital transformation. Today, almost all aspects of human interaction has gone digital. This includes the economy. One of the most impacted sectors of the economy...
Equity Q3 Net Profit: Equity Bank Group has posted a net profit of Sh. 26.3 billion in the nine month period of its current financial year. During the period under review, total operating income expanded by 25.6 per cent...
KRA Tax Cheats: The Kenya Revenue Authority has trained its eyes on Kenyans showing off their wealth on social media. According to the KRA Commissioner General James Githii Mburu, the taxman will be seeking to tell if people who...
Equity Bank Subsidiary: Equity Bank Group is ready to acquire a local lender. This has been revealed by the bank's chief executive officer Dr. James Mwangi. According to Dr. Mwangi, Equity has trained its eyes on the local bank...
