Home Afrika posts Half-Year Net Loss of KSh 222.8 Million
Home Afrika, a real estate firm listed on the Growth and Enterprise Market(GEMS) segment of the Nairobi Securities Exchange(NSE), has recorded a net loss of KSh 222.8 Million in H1, [...]
Centum Investment Company to hold its 54th AGM this month
Centum Investment Company will hold its Annual General Meeting via electronic means on 24th September 2021. Shareholders will consider and approve a first and final dividend of KSh 0.327 per [...]NSE Weekly Turnover Declines to KSh 1.5 Billion as Banks dominate
Nairobi Securities Exchange(NSE) declined to KSh 1.5 Billion ob 78.7 Million shares against KSh 2.3 Billion on a volume of 71 Million shares posted the previous week. The Banking sector [...]Britam Half-Year Net Earning Rise to KSh 376.3 Million
Britam Holdings Plc recorded a net profit of KSh 376.3 Million at the close of the six months ended 30th June 2021 compared to a loss of KSh 1.6 Billion [...]CBK Accepts KSh 23, 871 Million at Weekly Auction
The Central Bank of Kenya(CBK) collected KSh 23,871.82 Million at the Weekly Treasury Bills Auction after receiving bids worth KSh 23,874.95 Million, a performance rate of 99.48%. The 91-day Treasury [...]Karanja Ndegwa Confirmed as Jambojet's CEO
Kenyan low-cost carrier, Jambojet has confirmed Karanja Ndegwa as its new Chief Executive Officer and Managing Director with effect from 2nd September 2021. He has been serving as the airline's [...]
Jonas Mushosho Appointed as Equity Group's Non-Executive Director
Jonas Mushosho has been appointed as Equity Group's new non-executive director following the retirement of Christopher Newson. Jonas currently serves as a Director at Brooks Oracle, a council member [...]Kenya's Forex Reserves Fall Below $9 Billion for the First Time in 8 Weeks
The amount of foreign exchange reserves held by the Central Bank of Kenya (CBK) dipped below $9 billion for the first time in 8 weeks. Kenya's forex reserves fell by [...]
Kenya Roads Board to Spend KSh55 Billion for Road Maintenance
The Kenya Roads Board (KRB) has announced plans to disburse KSh55 billion to four state agencies to maintain the country’s road network over the next ten months. The Kenya National [...]Kenya Launches Web Portal to Attract Investments in Special Economic Zones
The Ministry of Industrialization, Trade and Enterprise Development and the Special Economic Zones (SEZ) Authority recently launched a web portal where current and potential investors will access key information such [...]Kenya Pakistan Agree to Remove Non-Tariff Barriers
Kenya and Pakistan have agreed to remove non-tariff barriers, ending a long-standing tariff war that hurt trade between the two countries. The attestation fee has officially been removed, effective August [...]Kurwitu's Annual Loss Narrows to KSh 1.97 Million
Kurwitu Ventures on Wednesday reported a net loss of KSh1.97 million for the year that ended on 31st December 2020, an improvement from a net loss of KSh7.25 million reported [...]
