Stanbic full year profit falls by 19% to Ksh.5.2 billion

By Kepha Muiruri,

Stanbic Holdings Plc has announced an 18.7 per cent dip in profit after tax with earnings for the year ending in December 2020 falling to Ksh.5.2 bill...

Stanbic Bank Kenya , Stanbic Holdings PLC

Kenyans to receive COVID-19 vaccine free of charge during phase 1

By Dorcas Wangira,

The long-awaited arrival of Kenya's first consignment of the COVID-19 AstraZeneca vaccine has now set the wheel in motion for the planned rollout. ...

Stolen maize seeds worth Ksh.7M recovered at private warehouse in Narok: DCI

By Citizen Reporter,

Over 1,700 bales of stolen hybrid maize seeds from the Kenya Seed Company valued at over Ksh. 7million were recovered from a private warehouse in Naro...

Kenya Seed Company

WHO says 1.5 billion people suffer hearing loss globally

By VOA,

To mark World Hearing Day, the World Health Organization is calling for action to stem the epidemic of hearing loss which currently affects 1.5 billi...

hearing loss , hearing problems

Kenyan private sector firms cut employee salaries further

By Kepha Muiruri,

Kenyan private sector firms have continued to trim employee salaries further as the demand for goods and services staggers. Also Read: Pain for Ken...

paycut , salary , VAT

UNEP rolls out electric bikes project in Nairobi’s Karura forest

By Citizen Reporter,

49 motorcycles made little noise but raised much interest in Nairobi’s Karura Forest on Tuesday morning, as the UN Environment Programme (UNEP) laun...

electric bikes , UNEP

OPINION: Slum upgrading in Kenya – what are the conditions for success?

By Reuters,

By Jane Weru and William Cobbett Earlier this month, the Canadian High Commissioner hosted a roundtable to showcase the upgrading of Mukuru. The...

mukuru , slum upgrading

February inflation rises to 5.8 per cent as cost of living soars

By Kepha Muiruri,

The rate of inflation in February has risen further to 5.78 per cent from a lower 5.69 per cent in January. This to represent a steady rise in the ...

Inflation , KNBS

Gov’t tax relief cuts Kenya Power full year loss to Ksh.939M

By Kepha Muiruri,

Kenya Power full year loss contracted from an initial Ksh.2.98 billion to Ksh.939 million from tax credits earned from the relief on corporation tax p...

corporate tax , KENYA POWER

East African Portland Cement cuts loss to Ksh.1 billion

By Kepha Muiruri,

Manufacturer East African Portland Cement Company (EAPC) has cut its half year loss through December 31, 2020 to Ksh.1 billion from Ksh.1.6 billion la...

East African Portland Cement (EAPC)

KenGen half year profit down by 38 per cent to Ksh.5.1 billion

By Kepha Muiruri,

Electricity generating firm KenGen has reported a 37.8 per cent profit decline in six months of operations to December 31, 2020 with earnings falling ...

kengen

Kenya Power half-year profit sinks by 80% on bloated financing costs

By Kepha Muiruri,

Utility Company Kenya Power has seen its half year earnings across six months to December 31, 2020 slump by 80.1 per cent to Ksh.138 million from Ksh....

KENYA POWER

NSE automates bonds trading

By Kepha Muiruri,

The Nairobi Securities Exchange (NSE) has automated its bonds trading platform as it eyes efficiency in the trading of the fixed income instruments. ...

automation , bonds , Nairobi Securities Exchange (NSE)

Schneider Electric launches made-in-Kenya Prisma iPM switchboard

By Citizen Reporter,

Schneider Electric is supporting the national 'Buy Kenya, Build Kenya' initiative by announcing the launch of locally-manufactured Prisma iPM electric...

Schneider Electric

Prominent Ugandan news websites implicated in gov’t-aligned social media campaign

By Guest Writer,

By Tessa Knight and Alyssa Kann Seven Ugandan news websites were implicated in the January 8 Facebook takedown that involved government employees ...

bobi , Museveni , Uganda elections

5 Reasons why Bitcoin is better than Fiat Money

By Agencies,

Since the introduction of Bitcoin in 2009, the preferences of the investors and traders are slowly moving towards the cryptocurrency market. There are...

BAT profit rises by 41pc to Ksh.5.5B on lower costs, taxes

By Kepha Muiruri,

BAT Kenya has announced a 41 per cent growth in profit for the year ended December 31, 2020 to Ksh.5.5 billion from Ksh.3.9 billion in 2019. The hi...

BAT Kenya

When China and other huge nations dispatch digital currencies, will it commence worldwide chaos?

By Agencies,

Probably the most sweltering subject in cryptographic forms of money is the possibility of significant economies dispatching state-sponsored computeri...

New IMF, World Bank loans trim Kenya’s debt refinancing risks

By Kepha Muiruri,

Kenya’s change of tact to re-integrate cheap financing from the International Monetary Fund (IMF) and the World Bank has served to trim the country�...

2021 MTDS , debt refinancing , National Treasury

Bluebird Aviation projects recovery of airline industry with roll out of COVID-19 vaccine

By Benjamin Muriuki,

Regional airline, Bluebird Aviation has projected the aviation sector could start picking up towards the last half of the year 2021. BlueBird Aviat...

Bluebird Aviation , Captain Hussein Mohammed