Kenya's Economy grew by 5.6% in 2015
Kenya's Gross Domestic Product (GDP) grew by 5.6 per cent in 2015 compared to 5.3 per cent growth in 2014, Kenya National Bureau of Statistics has said. This expansion was driven [...]
Kenya's April Inflation drops to a 34 Month Low
Kenya's April inflation has dropped to a 34 Month low of 5.27% down from 6.45% recorded a month earlier representing the lowest point since June 2013 when it touched 4.91%. This is the fifth month in a [...]ARM Cement FY15 Loss and the Deleveraging Exercise
ARM Cement, formerly Athi River Mining Ltd., is a Kenya-based cement manufacturer company. It also manufactures sodium silicate, lime, industrial minerals, formulated fertilizers and special building products in east and [...]Express Kenya; The losses continue…
Express Kenya is a listed company on the Nairobi Securities Exchange under the Commercial and Services sector. It engages in a diverse range of services, in clearing and forwarding, customs [...]Kenya Airways pilots call off strike saying some demands met
Reuters Kenya Airways pilots called off a strike on Thursday after the carrier met some of their demands, the Kenya Airline Pilots Association (KALPA) said, adding they would fully resume [...]Gov't releases another Ksh 1Billion to bailout Mumias, Share Price analysis More..
Mumias Sugar has received Sh1.1 billion from Government through the National Treasury as part of the bailout deal for the troubled sugar miller. This takes the total funds pumped into Mumias [...]Banking sector pushes all indices to the red zone, Speculative counters on the Green
Market Report Wednesday 27 April 2016 All NSE Kenya Market Indicators were on the red with volumes traded declining by 29.62% with huge drop witnessed in the banking sector and telecommunication. Market turnover also [...]CBK Orders Special External Audit on Insider Lending By Banks
The Central Bank of Kenya has ordered external auditors of all commercial banks and mortgage finance companies to conduct a special audit on insider lending and the report to be [...]Flame Tree Group FY15 Profits Surge
Brief Flame Tree Group announced its results for their Full Year ending 31st December earlier today (27th April) and we have to say they posted strong results amidst a tough [...]Family Bank appoints David Thuku as new MD
Kenya's Family Bank has appointed its Director of Retail Banking Mr David Thuku as the new Managing Director following approval from the Central Bank of Kenya. Mr Thuku will take [...]Bloomberg to Miss Ivory Burning event
Media entrepreneur who is also a former New York City Mayor Mr Michael Bloomberg has confirmed that he will not be in attendance for the upcoming summit on illegal trade of [...]Four Kenyans among Forbes 30 Most Promising Young African Entrepreneurs of 2016
Four Kenyans have been named in Forbes' latest list of the 30 most promising young african entrepreneurs of 2016. The report which has been carried out since 2011, looks at accomplished young African [...]
