Kenya Power audits forex exposure
Kenya Power is set to shake up its foreign exchange-backed transactions including purchase and loan agreements.
View ArticleSasini looks for new macadamia markets
Sasini is looking for new markets in Asia for macadamia nuts.
View ArticleFrench media giant submits offer to acquire Multichoice
Canal+ says it would help grow the South African pay-TV company worldwide.
View ArticleNCPB gets Sh190 million machines to fight aflatoxins menace
NCPB has received two plants worth Sh190 million to help clear aflatoxins from maize stocks at its depots.
View ArticleGeneral insurers’ 9- month net profits surge to Sh9.7bn
General insurers’ net profit for the first nine months of last year rose 57.6 percent to Sh9.73 billion.
View ArticleLeasing firm Vaell put under administration after default
Vehicle and Equipment Leasing Limited has been placed under administration.
View ArticleCo-op Bank raises daily ATM cash limit to Sh60,000
Co-operative Bank of Kenya has raised its daily ATM withdrawal limit by 50 percent to Sh60,000.
View ArticleIndustrial property developer gets Sh4.8bn IFC loan for expansion
IFC is set to lend $30 million (Sh4.8 billion) to Bora Africa.
View ArticleKenya buys 300 SGR wagons
This is the first time new wagons have been added since the launch of SGR in May 2017.
View ArticleWomen-led firm fights for NSE Sh800bn bond trades
Catherine Musakali is the founder and managing partner of the law firm that owns 500 ordinary shares of the African Bond Exchange Public Limited.
View ArticleState nets Sh26.8bn from housing levy amid legal row
Employers and employees paid out Sh26.8 billion under the mandatory housing development levy.
View ArticleRoads spending drops to record low in Ruto’s policy shift
Expenditure on road and energy projects hit the lowest levels in the first half of the current financial year.
View ArticleState to track and trace cooking gas cylinders
Energy and Interior ministries say the tracking system will target informal dealers whose gas refilling and safety of their cylinders have been questioned.
View ArticleNaivas siblings in fresh battle for father’s estate
The family of the late Peter Mukuha Kago has been rocked by fresh ownership wrangles.
View ArticleBank dollar rates ease as shilling stages rare rally
Commercial bank dollar rates eased notably in the past week.
View ArticlePower prices may come down, KenGen says citing filled-up dams
KenGen has reported a bigger generation of cheaper hydropower on filled-up dams, promising lower electricity bills.
View ArticleICEA Lion’s Fahari Reit delisting set for February 12
The last day of trading of the ILAM Fahari I-Reit will be Friday, February 9.
View ArticleIntern costs Nema Sh100m case in a tender dispute
Nema has been ordered to sign a fresh contract for the procurement of a Sh100 million environmental information management system.
View ArticleRuto’s housing scheme favours the rich - PBO
High-income earners will benefit more from the government’s affordable housing programme.
View ArticleBillionaire Kibunga Kimani takes 6.8pc stake in Centum
Billionaire John Kibunga Kimani has bought an additional 10.8 million shares of Centum.
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