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...
Former Kiambu Governor Ferdinand Waititu has lost Sh 52 million deposit after failing to complete the acquisition of a city property he had set to acquire at Sh. 520 million.
The deposit Waititu has lost is the 10 per cent...
Stop whining and work hard. This was the message that Safaricom had for Airtel in early November. Safaricom said this while defending itself from Airtel's claim that it is a dominant player in the telecommunications market.
During a session with...
Technology company Telkom is set to add 2,000 sites on its network. This follows a partnership deal that was signed by Telkom, networks and telecommunications company Ericsson, and systems integrator NEC XON. The deal saw the three firms sign...
Lizzie Wanyoike Wealth: Lizzie Wanyoike, Founder of Nairobi Institute of Business Studies (NIBS), had been a tutor and principal at a city college from the early 1970s. In 1972 the government recruited her as a secondary school teacher and...
Centum Investments is planning to buy three local companies in a Sh. 5 billion investment drive. The NSE-listed firm says that it is already in advanced talks to acquire the three companies. In addition to the three companies, Centum...
Ndovu Maize Flour is among fourteen maize flour brands that have been flagged by the Kenya Bureau of Standards. The other brands include prestige sifted maize, Sima tamu, Range corn, Top white, Diamond sifted maize, Bel's organic, Winnies ugali...
Kenya Power Full Year Profit: Kenya Power has posted a net profit of Sh. 1.5 billion for the full year ended June 30, 2021. The profit was a huge recovery from the Sh. 939 million loss the power provider...
