Former CEO of LOT Polish Airlines Sebastian Mikosz appointed Group MD CEO of Kenya Airways
Kenya Airways has announced the appointment of Sebastian Mikosz as group managing director and CEO with effect from June 1, 2017. He takes over from Mbuvi Ngunze who resigned in November 2016 after [...]
Kenyan private sector stabilises during April Markit Economics
Following a deterioration in March, conditions in the Kenyan private sector broadly stabilised in April. A renewed increase in business activity, albeit marginal, and a sharp rise in new orders [...]2017 African Banker Awards Nominees; Kenya, SA, Morocco Nigeria Dominate
The African Banker Magazine has revealed the nominees for the ten categories in the 2017 African Banker Awards. The awards recognise top-ranking individuals and institutions setting new benchmarks for performance and pushing the boundaries [...]Tuskys Readies To Open Its Largest Store in Nairobi CBD This Month
160,000 customers will come to Tuskys everyday and shop something Dan Githua On Tuesday May 2nd 2017, Tuskys supermarkets shoppers were taken aback. They had just learnt that the iconic Tuskys [...]Nation Media Group Shares Rally To a Six Month High
Shares of Nation Media Group (NSE; NMG) on Wednesday's trading closed at a six month high of Sh 102, up 3.55% from the previous day's closing price of Sh 98.5. [...]Kenya Govt Secures Sh 155 Billion Funding for SGR Phase Two
The Kenyan Government has secured Sh 155 Billion Funding from the Exim Bank of China for the construction of Phase Two of the 490Km Standard Gauge Railway (SGR). The project [...]VIDEO; From a Pharmacist to a Banker, The Story of Jeremy Awori
Barclays Bank Kenya Chief Executive Officer Jeremy Awori has for the first time shared the details of his personal life during the #BBKMindspeak Forum held on Saturday April 29th by Aly [...]12 Lenders Interested in Acquiring Equity Stake in Chase Bank CBK
The Central Bank of Kenya (CBK) has announced that a total of 12 banks have expressed interest in acquiring an equity stake in Chase Bank Kenya after it asked investors [...]IBM East Africa GM Nick Nesbit Appointed Chairman of Kenya Private Sector Alliance
The Kenya Private Sector Alliance (KEPSA) has appointed Mr. Nicholas Nesbitt as the new KEPSA Chair. Mr. Nesbitt, who is also the General Manager IBM East Africa, takes over from [...]Tuskys Shuts Down Famous Nairobi Beba Beba Branch after Owner Sells Property
Tuskys Supermarkets, one of Kenya's largest and most successful retail chains has shut down one of its busiest branches in Nairobi, commonly Known as Tuskys Beba Beba. Tuskys said it [...]Express Kenya Profit Warning, losses widen to Ksh 96.9Million in 2016
Express Kenya released its full year financial results for the period ending 31 December 2016 together with a Profit Warning Announcement. A glance at their financials clearly indicates the logistics [...]Home Afrika Cuts Losses by 56% On Reduced Expenses
Nairobi Securities Exchange listed Real Estate company, Home Afrika Ltd (HAFR) has cut its full year 2016 losses by 56 percent to Sh 168.5 Million compared to a loss of Sh 390 [...]
