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Carbacid half-year profit rises to Ksh.210 million
By Kepha Muiruri,
2120, February 24, 2021 (EAT)
Industrial gas manufacturer Carbacid Investment Plc has announced an 18 per cent half-year profit growth to Ksh.210.4 million from Ksh.178.7 million l...
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Schneider Electric launches made-in-Kenya Prisma iPM switchboard
By Citizen Reporter,
1429, February 24, 2021 (EAT)
Schneider Electric is supporting the national 'Buy Kenya, Build Kenya' initiative by announcing the launch of locally-manufactured Prisma iPM electric...
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748 Air Services acquires additional aircraft
By Benjamin Muriuki,
1543, February 19, 2021 (EAT)
Aviation company 748 Air Services has announced acquisition of another Dash 8-Q400 aircraft increasing their total fleet of aircraft to 14 of differen...
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KQ to resume flights to Rome in June
By Kepha Muiruri,
1321, February 12, 2021 (EAT)
National carrier Kenya Airways (KQ) has announced the return of flights to Italy’s Capital Rome following a near one year hiatus triggered by the CO...
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Equity BCDC unveils new identity in DRC
By Citizen Reporter,
1206, February 12, 2021 (EAT)
Equity Banque Commercial du Congo (Equity BCDC) has launched its new identity following the successful merger of Equity Bank Congo (EBC) and Banque Co...
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Is online trading a safe way to invest in markets?
By Citizen Reporter,
1556, February 11, 2021 (EAT)
COVID-19 has definitely disrupted several economies resulting in catastrophic losses but if one were to look at the financial markets' conditions, it ...
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KEBS approves new system for testing lactose in milk
By Citizen Reporter,
1130, February 11, 2021 (EAT)
The Kenya Bureau of Standards (KEBS) has approved new analytical test methods for measuring levels of lactose in milk and milk products being sold in ...
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Absa Bank Kenya pledges more support for SMEs
By Citizen Reporter,
826, February 11, 2021 (EAT)
Absa Bank Kenya Plc. on Wednesday celebrated its one-year anniversary in the market with a commitment to significantly invest towards transforming cus...
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Kenyan women dominate top manufacturing jobs
By VOA,
1107, February 10, 2021 (EAT)
A survey shows that Kenyan women are dominating top mechanized jobs, although men still own most businesses and have better paying jobs. Easter Koj...
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CA, telcos set up interactive portal for safer internet for children
By Citizen Reporter,
1548, February 9, 2021 (EAT)
The Communications Authority of Kenya (CA) has launched an interactive portal aimed at creating a safer internet for children. The project is in pa...
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KQ unveils cargo flights on repurposed Dreamliner craft
By Kepha Muiruri,
1520, February 8, 2021 (EAT)
National carrier Kenya Airways (KQ) is expected to operate its first fully fledged cargo flight to London on the repurposed Boeing-787 Dreamliner craf...
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Kenya Airways implementing voluntary staff exit to cut costs
By Dennis Otieno,
1137, February 6, 2021 (EAT)
National carrier Kenya Airways has reduced its staff numbers by 220 from the start of the year in a voluntary early retirement exercise undertaken to ...
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Carbacid’s planned takeover of BOC hit by delays
By Kepha Muiruri,
1444, February 5, 2021 (EAT)
The takeover of BOC Kenya by Carbacid Investments has run into new headwinds with BOC yet to serve its shareholders with the takeover offer documents....
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Kenya Airways seeking exclusive cargo deal with gov’t
By Faizal Ahmed,
1306, February 5, 2021 (EAT)
Kenya Airways is in talks with the government to become the country’s principal cargo carrier to fill the hole left by reduced passenger numbers. ...
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Equity Afia opens two new medical centres in Matuu, Kisii
By Citizen Reporter,
1220, February 2, 2021 (EAT)
At least 1.3 million Kenyans in Machakos and Kisii counties will now have access to quality and affordable healthcare services from the newly opened E...
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CBK warns of a tougher and riskier economic outlook
By Kepha Muiruri,
1825, January 28, 2021 (EAT)
The Central Bank of Kenya (CBK) has warned of a much tougher and riskier economic forecast for the 2021 as the Kenyan economy wades uncertain waters. ...
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Kenya’s economy slumped into recession after 18 years in September
By Kepha Muiruri,
827, January 28, 2021 (EAT)
The Kenyan economy sunk to its first recession after exactly 18 years in September 2020 with gross domestic product (GDP) falling by 1.1 per cent in t...
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CBK interventions lift digital banking
By Kepha Muiruri,
1726, January 26, 2021 (EAT)
Interventions by the Central Bank of Kenya (CBK) to support cashless transactions under the cloud of the COVID-19 pandemic have served to lift digital...
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From 64 branches to just 5: Retailer Tuskys nears its last breath
By Kepha Muiruri,
1835, January 25, 2021 (EAT)
Troubled retailer Tuskys is nearing its last breath with its branch count having fallen to just five from a high of 64 in a little over 12 months. ...
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CBK to leave the benchmark rate unchanged at 7 per cent
By Kepha Muiruri,
1821, January 25, 2021 (EAT)
The Central Bank of Kenya (CBK) is expected to largely retain the benchmark lending rate at seven per cent for most of 2021. The reserve bank whose...
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