Cytonn lines up first publicly funded debt issue

By Kepha Muiruri,

Investor manager Cytonn has sought approval from the Capital Markets Authority (CMA) to register its first Development Real Estate Investment Trust (D...

CMA , Cytonn Investments , nse , REIT

Faulu Microfinance to open eight new branches

By Kepha Muiruri,

Faulu Microfinance is set to open eight new branches around the country at an estimated cost of Ksh.113 million. Additionally the tier-one ranked m...

Faulu Microfinance Bank Limited

Kenya Power announces expected drop in profits

By Kepha Muiruri,

Kenya Power has announced an expected drop in its net earnings for the financial year ended June 30, 2019. In a public notice issued on Thursday, K...

Find out which type of real estate investor you are

By Citizen,

By Gitonga Muriithi Real estate is one of the best ways to generate solid cash flow when done correctly. To benefit from the lucrative industry ...

Centum Real Estate

Heroin worth over Ksh.1B discovered in British towels, bathrobes

By Wangui Ngechu,

Detectives have seized almost 1.3 tons of heroin with an estimated street value of Ksh.1.48 billion from a container ship in in the U.K. According ...

HEROIN

SWILA: Why the 2019/20 portends tougher times for KPL

By Isaac Swila,

Isaac Swila After a two-months break, action has resumed in the Kenyan Premier League for the 2019/20 season with a bang. Gor Mahia has seemingl...

GOR MAHIA , governemnt , Kenyan Premier League , Sponsorship , Supersports , Swila

Kenya Airways board lukewarm on nationalisation

By Kepha Muiruri,

The Board of Kenya Airways (KQ) has emerged half-hearted in its receipt of the government’s decision to nationalise the carrier. KQ which saw its...

Kenya Airways , Michael Joseph

Betting firms comply with 20 percent withholding tax

By Kepha Muiruri,

Betting firms that survived the Interior Ministry’s purge on tax non-compliance have moved to fast-track adherence to with-holding tax rules in the ...

betting in Kenya , Fred Matiang'i , KRA , Ministry of Interior

Samsung’s new Note takes on Huawei in selfie beauty pageant

By Reuters,

Samsung unveiled a new version of the Galaxy Note smartphone on Wednesday with fast 5G network connection and improved camera features, hoping the pre...

Huawei , Samsung Galaxy Note 10

EABL profit up 58 percent on new drinks sales

By Kepha Muiruri,

The East African Breweries Limited (EABL) has announced a 58 percent rise in net profit for the year ended June 30, 2018 to Ksh.11.5 billion. The s...

eabl , innovation , KBL , sin tax

Man who lost family in Ethiopia crash wants Boeing punished or ‘more people will die’

By Ian Omondi,

Paul Njoroge, the man who lost his family when a Boeing 737 Max airplane crashed in Ethiopia, now wants the company probed and action taken, warning t...

737 MAX , boeing , congress , Paul Njoroge

Facebook to be fined Ksh.500B over Cambridge Analytica scandal 

By CNN,

The Federal Trade Commission has reportedly approved an approximately $5 billion settlement with Facebook, suggesting a lengthy investigation into the...

Cambridge Analytica , facebook , Federal Trade Commission , George W Bush , Mark Zuckerberg

Daimler, the maker of Mercedes cars, warns its profits will slump this year

By CNN,

The owner of Mercedes-Benz has warned of a major slump in profits this year after recalls, legal issues and weak demand for new cars contributed to a ...

Daimler , Mercedes Benz

Delta, the only major US airline without a 737 Max, had a very good quarter

By CNN,

US airlines had a rocky quarter, but Delta was the notable exception. The airline told investors Tuesday that results were better than it expected. ...

Boeing 737 MAX , Delta Airlines

From dip to record profits: Bob Collymore’s Safaricom legacy by numbers

By Kepha Muiruri,

Bob Collymore did not have the best of starts when he took over as Safaricom Chief Executive Officer and many wondered whether Michael Joseph's exit w...

Acute Myeloid Leukemia , Bob Collymore , Safaricom

China’s factory activity shrinks as U.S. tariffs, slowdown hit orders

By Reuters,

China’s factory activity shrank more than expected in June, an official manufacturing survey showed, highlighting the need for more economic stimulu...

china , G20 summit , President Donald Trump , President Xi Jinping , U.S. tariffs

U.S. federal court delays adoption of healthcare rule on abortion

By Reuters,

The U.S. Department of Health and Human Services (HHS) and its opponents in a California lawsuit agreed on Friday to delay implementing a rule that wo...

abortion , Planned Parenthood , President Donald Trump

UN: Freedom of expression under threat from surveillance industry

By VOA,

A UN investigator says the rise of the private surveillance industry and the targeting of individuals by digital surveillance technology is underminin...

freedom of expression , U.N. Human Rights Council

Sponsored: Infrastructure projects: Being on the lookout for cost overruns

By Sponsored,

“48 percent of projects were over budget and 87 percent of projects have a time overrun.” – Deloitte East Africa [1] It’s all fine and dand...

centum

Mutua calls for economic forum to discuss Kenya’s financial future

By Dennis Musau,

Machakos Governor Dr. Alfred Mutua is calling for the formation of a national forum to discuss the country's economic future. Speaking on Sunday, ...

Machakos Governor Dr. Alfred Mutua . , National Economic Forum