AG appoints Carol Musyoka to chair new board
Business Daily Attorney General Githu Muigai has appointed former banker Carol Musyoka to chair the board of directors of the newly formed Business Registration Service Board. The board is a [...]
Tullow takes Oil search to Elgeyo Marakwet County
Tullow Oil will drill the first exploration well in Kerio Valley, Elgeyo Marakwet County, during the first quarter of next year. The company had earlier indicated that it would drill [...]Kenya Receives Ksh 15 Billion Grant from Denmark
Denmark has given Kenya 15 billion grant to improve governance structures, health and environment. Environmental conservation and related investments for job creation will take the lion share of the funds at [...]Kenya Commercial Bank Analysis
Kenya Commercial Bank (KCB) Analysis Profile Kenya Commercial Bank Limited is a Kenya-based commercial bank. The principal activity of the Company is to offer corporate and retail banking services. The [...]TPS Serena EA Issues a profit Warning
NSE Listed hotelier TPS Eastern Africa has issued a profit warning for the Full year ending 31st December 2015. TPS Serena becomes the thirteenth listed firm to issue an alert compared to [...]Canada Gives Kenya Ksh 2 Billion to support SMEs
Kenya is set to receive about Ksh 2 billion from the Canadian government aimed at providing training for Small and Medium Enterprises (SMEs) in the country. The announcement was made during [...]High Court gives Discount Securities Investors 6 more months to file compensation claims
Investors at collapsed Discount Securities Ltd have six more months starting November 1 to file compensation claims after the High Court extended the statutory management period. The Capital Markets Authority, [...]Former CBK Governor loses Two Tatu city court cases in Mauritius
Former Central Bank Governor Nahashon Nyagah has lost two court cases in Mauritius, touching on his stake in the multi-billion Tatu City project. The rulings reveal a deep split F [...]Shareholders Of Kenyan Banks in Uganda enjoy the highest returns than EAC Peers
The Bank of Uganda released a financial stability report which indicated that Kenyan banks shareholders’ enjoyed the highest returns compared to their East African peers, aided by lower operating costs [...]KBC, Postbank, Sony Sugar post Ksh 7.6 Billion loss
The Kenya Broadcasting Corporation (KBC), Postbank and South Nyanza Sugar Company (Sony) reported a combined Sh7.6 billion loss in the year ending June, leading the list of government commercial entities [...]Kenya's Top 10 Real Estate Projects Of 2015
With demand for real estate in Nairobi sending property prices soaring on the back of rapid urbanisation, nearby counties are also seeing an uptick in activity as developers look to [...]Market Report 18/12/2015
Market Report 18/12/2015 The benchmark NSE-20 Share Index was down 15.27 points to close at 3,989.95 points. The All Share Index (NASI) was up 0.24 points to close at 145.55 [...]
