Bamburi Cement Plc Half-Year Net Earnings rise 7.6% to KSh 776 Million
Bamburi Cement Plc posted a net profit of KSh 776 Million for the first six months ending 30th June 2021, compared to KSh 721 Million over the same period in [...]
Flame Tree Group Half-Year Net Profit rises 21% to KSh 66.9 Million
Flame Tree Group Holdings, a listed manufacturer and distributor of plastic tanks, cosmetics, snacks, spices and playground equipment, saw its net earnings for the first six months of this year [...]Special Economic Zones Authority launches Web Portal
The Special Economic Zones(SEZ) Authority has unveiled a web portal to boost communication, transparency, and services to current and potential investors within the zones. With support from the International Finance [...]KEBS Bans Substandard Maize Meal, Fortified Flour Brands
Kenya Bureau of Standards(KEBS) has listed 12 maize meals and 15 composite flour brands that should not be sold to the public for failing to meet the required standards. The [...]EABL to Hold Virtual AGM Next Month
East African Breweries Limited (EABL) plans to hold its Annual General Meeting (AGM) on Tuesday 14th September through electronic means. The company has announced that it intends to change its [...]
BAT Kenya Eyes New Export Markets
British American Tobacco (BAT) Kenya is eying new export markets, seeking to compensate for a dip in Kenyan sales. The firm targets South Sudan, Madagascar, and Djibouti with cut rag [...]
Kenya Consumer Protection Advisory Committee Gets New Members
The Cabinet Secretary for Industrialization, Trade and Enterprise Development Betty Maina recently appointed new members to the Consumer Protection Advisory Committee. The committee was created under the Consumer Protection Act, [...]Mumias Sugar Receiver Manager Calls for Fresh Leasing Bids
Mumias Sugar Company receiver-manager, Ponangipalli Venkata Rao, has re-advertised a lease deal for the KSh15 billion assets of the debt-ridden sugar firm. Parties interested in placing their bids have until [...]Kenya's Economic Activity Eases in July
Kenya's economic activity continued to ease in July as businesses relaxed their expansions in output, new orders, and employment during the month. Stanbic Bank Kenya's Purchasing Managers Index (PMI) fell [...]Unga Group to Partner with Dutch Animal Feeds Company
Unga Group, a leading animal feeds manufacturer in East Africa, plans to enter into joint venture agreements with the Dutch-based Nutreco, one of the world's biggest animal nutrition and aquafeed [...]Sameer Africa Reports KSh154 Million Half-Year Profit
Sameer Africa's half-year net profit for the period that ended on 30th June jumped to KSh154 million from a net loss of KSh59 million in the same period in 2020. [...]EABL's Pretax Profit Jumps by 2% to KSh10.9 Billion
East African Breweries Limited (EABL) reported slow profit growth in the year that ended on 30th June 2021, due to the negative impact of inflation, foreign exchange fluctuations, and tax [...]
