Equity, NCBA banks tipped to increase shareholder pay outs

By Kepha Muiruri,

Equity and NCBA banks are tipped to be the only listed banks to increase their pay out to shareholders as banks commence issuing their full year earni...

Equity Group , Nairobi Securities Exchange (NSE) , NCBA

BWIRE: Radio is still king

By Victor Bwire,

By Victor Bwire Radio is now ninety-three years old in Kenya and with nearly 200 radio stations, it’s one of media medium with the widest reach i...

Mercedes F1 team signal future intent with Ineos deal

By Reuters,

Formula One champions Mercedes sent a statement of intent about their future on Monday with the announcement of a five-year principal sponsorship deal...

INEOS , Jim Ratcliffe , Mercedes

Barclays officially re-brands to Absa

By Kepha Muiruri,

Barclays Bank Kenya has completed its transition into Absa Bank Kenya PLC following its capture of requisite regulatory approval from the pair of the ...

Absa Bank Kenya PLC , Jeremy Awori

China’s coronavirus deaths surpass SARS as millions stagger back to work

By Reuters,

China raised the death toll from the coronavirus epidemic to 811 on Sunday, passing the number killed globally by the SARS epidemic in 2002/2003, as m...

china , coronavirus

Kenya’s Ariel Foods ventures in Nigeria

By Citizen Reporter,

Kenyan firms are increasingly venturing beyond the country’s borders in search for new markets and growth opportunities. Buoyed by successes back...

Ariel Foods , Nigeria

Bank of America projects Kenya’s potential Eurobond to outperform peers

By Kepha Muiruri,

Kenya is more receptive of investments to its external debt market issues placing the country at the peak of regional Eurobond issuers, a new report s...

Bank of America , Eurobonds , National Treasury

BWIRE: Insincere leaders require a hostile media

By Victor Bwire,

By Victor Bwire It’s time the media decided; in spite of the freedom of expression provided for all Kenyans, those who thrive on giving alternati...

Chinese officials temporarily ban trade of wild animals over coronavirus

By VOA,

Chinese officials have temporarily banned the trade of wild animals, following an outbreak of coronavirus in the central city of Wuhan. Officials n...

coronavirus

President Kenyatta opens Ksh.5.8B cement factory in Salgaa, to create 1000 jobs

By PSCU,

President Uhuru Kenyatta on Tuesday presided over the opening of a Ksh.5.8 billion cement factory in Salgaa, Nakuru County that is set to change the e...

salgaa , Simba Cement

Coronavirus death toll rises to 106 as first Beijing patient dies

By CNN,

The new strain of coronavirus spreading across China claimed its first victim in Beijing, officials said on Tuesday, as the death toll climbed to 106....

coronavirus

Tullow planned exit complicates Kenya’s petrodollars quest

By Kepha Muiruri,

Tullow’s planned exit from its equity stake in Project Oil Kenya has opened up fresh questions into the country’s future oil exploits. This is ...

Ministry of Petroleum , Tullow Oil

Factbox – Nike’s Vaporfly shoes and tumbling records

By Matthews Mutai,

World Athletics is set to announce the findings of a review of technology in road and track shoes by the end of January, and it is expected to change ...

Brigid Kosgei , Eliud Kipchoge , Joshua Cheptegei , Nike , Nike AlphaFly , Sifan Hassan , Vaporfly

Kenyans earning more than twice their output – World Bank report

By Kepha Muiruri,

Labour costs in Kenya are more than twice the Gross Domestic Product (GDP), thereby limiting the country’s competitiveness on the global trade stage...

global value chains (GVCs) , Kenyan economy , World Bank Kemya

Banks share prices set for correction

By Kepha Muiruri,

Listed commercial banks share prices are set to re-adjust downwards in the near term as the market absorbs shocks emanating from observed investor ove...

banks , Nairobi Securities Exchange (NSE)

Nigerian lender to take over Transnational Bank after CBK approval

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has okayed the 100 percent acquisition of the Transnational bank by Nigeria’s top lender Access bank. The reserve...

Access Bank , Central Bank of Kenya (CBK) , Transnational Bank

Bank stocks set to drive NSE Bull Run

By Kepha Muiruri,

The large capped banking sector stocks are set to drive the recovery in stock valuations at the Nairobi Securities Exchange (NSE) with analysts holdin...

Kenyan banks , Nairobi Securities Exchange (NSE) , NASI

OPINION: From gold to ashes; the tragic tale of Nakumatt Limited

By Joseph Bonyo,

As a student at Maseno University, a trip to Kisumu town was never complete without a detour at Nakumatt Mega. Arriving back at the institution with ...

nakumatt , Nakumatt closure

Kendi Ntwiga – Nderitu appointed as Microsoft Country Manager for Kenya

By Citizen Reporter,

Microsoft has appointed Kendi Ntwiga – Nderitu as the Country Manager for its operations in Kenya. A statement from Microsoft described her as a ...

Kendi Ntwiga , microsoft

2019 review: Interest caps fall at second attempt

By Kepha Muiruri,

In a seemingly last ditch attempt to salvage the economy off interest cap hurdles, the National Treasury through the then Cabinet Secretary Henry Roti...

CBK , interest rate caps , National Treasury