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Monthly Archives: March 2021

NMS to Demolish Machakos Country Bus Station for Multi-Storey Parking Lot

Located close to the Central Business District (CBD), the terminus is currently a hub for upcountry-bound matatus among other vehicles. It has, however, also earned a negative reputation for its chaos, cases of crime and poor maintenance.

Sanlam Slips Into The Red With Ksh78M After-Tax Loss

With increased claims and lower investment returns, Sanlam closed the year on a Ksh78 million after-tax loss representing a drop from the prior-year after-tax profit of Ksh114 million. The situation was primarily attributed to the Covid-19 pandemic and its effects on local and international economies.

Sidian Bank Records Tiny But Crucial Profit In a Tight Year

Financial Results: Sidian Bank, the mid-tier bank focusing on SMEs, has recorded a profit before tax of Ksh72 million for the year ended 31st...

d.light Slashes Prices of Solar Home Systems

Easter Deals: Solar company d.light Kenya has announced price reductions for its products to cushion clients from adverse economic challenges brought by the Covid-19...

How To Trade Forex For Beginners?

Forex For Beginners: Want to know how to trade forex? This forex guide offers basic aspects to better understand what the largest financial market...

Lorna Irungu’s Family Sets Up Foundation to Honor Her Legacy

The family urged Kenyans to adhere to Covid-19 control measures such as hand-washing, mask-wearing and social distancing, highlighting the fact that Lorna was a proponent of the precautionary measures at home and elsewhere.

3 Reasons Why It’s Cheaper To Buy Land And Build

Build or Buy? Many people dream about owning homes. Some think about owning homes, but they all grapple with whether to buy land and...

Kisumu Passenger Train Set for Maiden Trip as Residents Await Benefits

Kenya Railways Corporation (KRC) expects residents of Western Kenya to enjoy rides between Kisumu and Nakuru where they will be able to join the Standard Gauge Railway (SGR) to Nairobi and Mombasa. The line, more than 100 years old, has remained neglected since 2008 when Rift Valley Railways was named the concessionaire.

Nation Media Group Fires Staff in Uganda Over Digital Shift, Covid-19

The company operates leading media brands in the country - including NTV Uganda, The East African and the Daily Monitor. A letter from Managing Director Tony Glencross stated that cost-saving interventions by NMGU had not been enough to sustain the business while protecting jobs.

Safaricom Set to Launch 5G Network

According to Safaricom, it will be the first operator in East Africa to launch 5G services and will be showcasing the capabilities of the network with the aid of Huawei and Nokia’s technologies.