Wednesday, February 5, 2025

NEWS

Coffee at Nairobi auction sells at highest price this year

NEWS Bizna Reporter -
Coffee prices at the Nairobi auction have this week hit their highest this year. This follows a rebound that saw the prices rise by...

Tuskys shuts down Sheikh Karume branch

NEWS Bizna Reporter -
Tuskys Supermarkets has shut down one of its busiest branches in Nairobi. Yesterday, customers were taken aback to find doors to Tuskys Sheikh Karume...

Sh. 11.4 billion bad loans squeeze Barclays Bank’s profits

NEWS Bizna Reporter -
A surge in bad loans to Sh. 11.4 billion has seen profits realized by Barclays Bank of Kenya fall by 12 per cent to...

BAT’s full year profit falls by 15pc as sin tax bites

NEWS Bizna Reporter -
British American Tobacco's net profits for the full year ended December 2016 has dipped by 15 per cent. The firm's profits stood at Sh. 4.2...

Portland Cement posts Sh. 248 million loss in 6 months

NEWS Bizna Reporter -
Troubled cement manufacturer Portland Cement ha reported a six-month loss of Sh. 248 million. In 2015, the company had posted a net loss of Sh528 million. Revenue...
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