Printing of Kenya's New Currency To Cost Ksh15 billion
Printing of the new generation currency will cost Ksh15 billion,the Central Bank of Kenya has said. De La Rue, after year-long long protracted legal battle to retain printing tender, will [...]
KCB PAT For Q3 Increases By 19.6% To Ksh18B
KCB Group Plc profit after tax for the first nine months of 2018 surged to Ksh18 billion, representing 19.6 per cent growth driven by improved cost management and increased gains [...]Toyota Dealers to Make Direct Orders of Vehicles from the Factory
Dealers of Toyota vehicles in Africa can now order vehicles directly from the Toyota Motor Corporation factory without necessarily going through sales and marketing agents of the Japanese automaker. This [...]HassConsult's SH10 Billion First Phase Of Enaki Project To Kick Of In 2019
HassConsult Real Estate is set to undertake the first phase of its Ksh10 billion ENAKI project in the second quarter of 2019. The project will sit on a 22-acre piece [...]IMF's Lagarde Asks Central Banks To Consider Cryptocurrency
International Monetary Fund’s Christine Lagarde has implored central banks to consider issuing digital currencies. The use of cryptocurrency will offer immediate, safe, cheap, and potentially semi-anonymous transactions, she said at [...]Farmer’s Choice To Increase Prices Of Smokies By Ksh10
Lovers of Farmer’s Choice meat products should brace for sticker shock at various outlets as the firm’s management moves to increase prices from 25 November. Food outlets and other vendors [...]Burundi Rejects JamboJet As It Lacks Business Class
Burundi government has rejected JamboJet’s proposal to offer flights between the two countries, as their planes are small and do not have business class sections. The Kenya Airways’ subsidiary was [...]Equity's Congo Records Fastest Growth Among Its Subsidiaries
Equity’s subsidiary in Democratic Republic of Congo posted the fastest growth by registering 194 per cent Profit After Tax, propping its bottom-line and underlying the potential of subsidiaries to its [...]CS Rotich Receives EU's Ksh520 Billion to Fund Big 4 Agenda Despite IMF's Reservations
The deal, which was signed between the Treasury Cabinet Secretary Henry Rotich and European Union’s ambassador to Kenya Stefano Dejak, was made despite the International Monetary Fund reservations against the [...]Kenya Floats 20-year Bond Worth Ksh50 billion
The Kenyan government will float a 20-year old armotised infrastructure bond valued at Ksh50 billion. The proceeds will partially be used for funding of projects in roads, water and energy [...]Two Kenyan Startups Graduate From Google Entrepreneurship Program
Two Kenyan startups are among 11 companies that took part and graduated in the second edition of Google’s Launchpad Accelerator Africa program which is targeted at boosting entrepreneurship in the [...]KQ Set For Daily Flights To Somalia
Kenya Airways will commence daily flights to Mogadishu as it seeks to increase its presence in Africa as from 15th November 2018. The move has been necessitated by growing travel [...]
