Kenya's August Inflation Rises to 6.57%
Kenya’s August inflation rose to 6.57% compared to the 6.55% Inflation rate in July. A Kenya National Bureau of Statistics (KNBS) report attributes this rise to the increased cost of [...]
NCBA's Half Year Profit Climbs 77% to KSh4.7 Billion
NCBA has reported a 77% increase in its half-year net profit to KSh4.7 billion compared to KSh2.6 billion posted in the same period in 2020, due to increased lending activity. [...]
NBV Reports KSh32 Million Full-Year Profit
Nairobi Business Ventures (NBV) full-year net profit for the period that ended on 31st March 2021 rose to KSh32.9 million from a net loss of KSh39.4 million last year. The [...]Earnings from Sisal Exports Hit KSh2.45 Billion in H1 2021
Kenya's earnings from sisal export hit KSh2.45 billion in H1 2021, a 10.96% increase from last year's KSh2.2 billion (H1 2020). The rise was occasioned by rebounding prices in key [...]Crown Paints' Half-Year Revenue Climbs 25% as Sales Increase
Crown paints has reported an improvement in the sale of its products in the first half of this year. The company's six months revenue rose by 25% to KSh4.9 billion [...]Standard Group's Half-Year Loss Narrows to KSh61.2 Million
Standard Group has posted a net loss of KSh61.2 million in the first half of 2021 compared to a net loss of KSh306 million in the same period in 2020. [...]Homeboyz Entertainment's Six-Months Profit Jumps to KSh2.3 Million
Homeboyz Entertainment has reported improved performance in its second release of financial statements since listing on the Nairobi Securities Exchange (NSE) in December 2020. The company's half-year net profit for [...]Telkom Kenya Plans on another Undersea Cable
Telkom Kenya has announced plans to invest in another submarine fibre optic cable system that seeks to connect Kenya with Asia and Europe. The cable has key landing points in [...]Tea Auction Prices Finally Cross the 2-Dollar Mark
The weekly Mombasa Tea Auction held on 23rd and 24th August 2021 had 8.4 million kilograms of tea offered for sale. The amount on offer decreased from 8.9 million kilograms for the [...]Liberty Kenya posts a decline in Half-Year Net Earnings to KSh 265.1 Million
Liberty Kenya Holdings Plc posted a decline in net earnings for the first six months of 2021 to KSh 265.1 Million in H1, 2021 from KSh 383.8 Million in H1, [...]
HF Group Net Losses in H1, 2021 Increases to KSh 355.6 Million
HF Group has recorded a net loss of KSh 346.1 Million over the first six months of this year compared to KSh 295.5 Million in H1, 2020, an increase of [...]BOC Gases Kenya Limited Net Earnings Up 165.8% to KSh 38.3 Million in H1, 2021
BOC Gases Kenya Limited more than doubled its Half-Year earnings to KSh 38.8 Million at the end of the first six months of this year, compared to a net profit [...]
