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...
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...
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....
Laikipia has become the fourth County to earn credit ratings as the devolved units continue to gear up for independent borrowing. On Tuesday, the C...
In a dramatic change of position, DP William Ruto launched a scathing attack at the government’s heavy borrowing saying it continues to cripple the ...
President Uhuru Kenyatta has congratulated Mr Makhtar Diop on his appointment as the new CEO of the International Finance Corporation (IFC), a member ...
Kenya is expected to complete the connection of its national grid with Ethiopia’s by June this year. Speaking during a tour to inspect various de...
Three months after the Trump administration rejected her, former Nigerian finance minister Ngozi Okonjo-Iweala received unanimous backing on Monday to...
Kenyan authorities and the visiting team from the International Monetary Fund (IMF) have reached a staff-level agreement on the disbursement of a Ksh....
A plane carrying Zimbabwe’s first coronavirus vaccines, 200,000 doses donated by China, arrived in the capital Harare on Monday. A further 600,00...
Equity Banque Commercial du Congo (Equity BCDC) has launched its new identity following the successful merger of Equity Bank Congo (EBC) and Banque Co...
The Communications Authority of Kenya (CA) has awarded contracts to five companies to roll out telecommunications cellular mobile network infrastructu...
The details of the additional cash injection into the national carrier-KQ- are contained in the supplementary budget tabled in the national assembly a...
Should the Building Bridges Initiative-sponsored constitutional amendments take effect then the Kenyan government will have to effect structural chang...
Electricity generating company KenGen has announced a Ksh.18.4 billion profit for the year ending in June 2020 having more than doubled earnings fron ...
Lender Housing Finance has received Ksh.1 billion in new funding from on of its major shareholders in Britam Holdings. The tier II capital injectio...
For every 100 shillings in tax collected, the government is channelling 30 shillings towards interest repayments on debt as Kenya’s debt pressure ti...
A cash-strapped National Treasury is now facing its highest domestic debt servicing costs in the 2020/21 financial year. The exchequer is expected ...
High turnover but low profit margin yielding firms are expected to see the bitter end of the minimum tax effected at the start of the year. This is...
Vocal Chinese business magnate and billionaire Jack Ma has reportedly not made any public appearance in slightly over two months, and queries are now ...