Kenya Planters Co-operative Union assets put up for sale amid struggle with debt receivership
Assets of the Kenya Planters Co-operative Union (KPCU) are now on sale after years of the co-operatives' receivership. This follows the co-opratives' poor performance as well as mounting debt that [...]
Future of ARM employees, creditors minority shareholders uncertain after court stops sale of assets
In the past 12 months, several NSE listed companies have reported a decline in earnings. As a result, businesses have engaged in massive lay off exercises to remain profitable. EABL, [...]
You can now book an appointment to submit your ePassport application
The Immigration Department issued a notice informing citizens that they can now schedule an appointment for their ePassport applications. Passport applicants will be able to book an appointment through the [...]Lessons from the JSE: AltX, an alternative exchange for medium-sized companies
AltX is an alternative segment at the Johannesburg Stock Exchange for small and medium-sized businesses to catalyze their growth. This public exchange gives companies an option to list on the [...]IMF names new Kenyan Resident Representative
Tobias Rasmussen has been named as the new IMF Kenya Resident Representative to replace Jan Mikkelsen who is about to complete his tenure set to end on September 13. Rasmussen [...]
Standard Chartered Kenya half-year net profits up 5% to KSh4.7 billion
Standard Chartered recorded a net profit growth of 5% to KSh4.7 billion compared to KSh4.5 billion in the previous half-year. The bank's operating income dropped by 1 per cent to [...]KenGen launches its community involvement program
KenGen has launched a program to provide communities with a greater voice in the priorities and decisions of the company. The strategy will promote sustainable operations by adopting practices that [...]Airtel Kenya unveils new numbers
Airtel customers will be the first to enjoy a new set of SIM lines with the prefixes 0100, 0101 and 0102. The Government, through the Communication Authority of Kenya (CAK), [...]Kenya Power's search for CEO begins
Following the arraignment in court of the former Kenya Power CEO Ken Tarus over economic crimes and abuse of office, which resulted in contract termination, Kenya Power has launched its [...]A slowdown in international markets drags Kenya’s equities market
The global economy is on a decline. The expected global economic growth rate in 2019 has been revised down to 2.8 per cent from 3.2 per cent. The dip is [...]Online Shopping: Pros and Cons
Online shopping is slowly but surely proving to be the one trend that almost everyone is adjusting to, whether for large scale or small scale purchases. It seems quite an [...]TALA secures KSh11 billion funding to facilitate lending
Tala on Wednesday secured USD110 million in series D funding in a bid to accelerate financial inclusion around the region. Tala General Manager (East Africa) Ivan Mbowa said the new [...]
