Year: 2021

2133 Articles
Lolani Kalu (left) in an advertisement for Abson Motors. The former NTV journalist's comeback has warmed Kenyans' hearts.
BUSINESSMEDIA

Lolani Kalu’s Hilarious Comeback Wins Kenyans’ Hearts [VIDEO]

Former NTV journalist Lolani Kalu hit the headlines in September last year after it emerged that his life had changed for the worse...

A sign at a KenGen geothermal power plant in Olkaria. The firm released its audited results for the 2020 financial year on January 28, 2021.
STOCKS

KenGen Profits Jump 133% Despite Covid-19 Impact

KenGen on Thursday, January 27 published its audited results for the financial year ended June 30, 2020. The power generation firm posted a...

Times Tower. The KRA headquarters in Nairobi
BUSINESS

KRA Wins Sh9.3bn Case Against Embu Wholesaler

The Kenya Revenue Authority (KRA) has won a Kshs 9.3 billion tax case against Paleah Stores Limited, a wholesale business based in Embu in a judgement delivered on Janaury 22, 2021 by the Tax Appeals Tribunal. The amount constitutes of Kshs 1.4...

Former Nairobi Deputy Governor Polycarp Igathe at a past event
CITY DIARY

Did Igathe Resign? Courts to Decide as Former DG Throws Spanner in the Works

Former Nairobi Deputy Governor Polycarp Igathe has caused more confusion at City Hall after he went to court to question whether his resignation...

Central Bank of Kenya (CBK)
ECONOMY

Banks Restructure Sh1.6trn Worth Of Loans in 10 Months

Banks in the country restructured total loans amounting to Ksh1.63 trillion or 54.2 percent of the total banking sector loan book of Ksh...

Civil servants and TSC loans
FEATURED ARTICLE

Mwananchi Credit Extends Repayment Period For Civil Servants Loans To 8 Years

Mwananchi Credit Limited has extended the repayment period for loans taken by civil servants and teachers to eight years to ease the financial...

BUSINESS

CBK Retains Base Lending Rate at 7%. Plans Further Economic Intervention Measures

The Monetary Policy Committee (MPC) on Wednesday retained the base lending rate at 7.00% for the seventh month on the bounce since April...

Stock prices displayed at the Nairobi Securities Exchange (NSE)
BUSINESSMARKETS

Equity Turnover at NSE Drops 27.5% as Investors Flee Pandemic

The Nairobi Securities Exchange(NSE) recorded a total equity turnover of KSh 27.51 Billion in Q4, 2020 compared to KSh 37.94 Billion in Q3,...

Aerial view of a section of Westlands, Nairobi
BUSINESS

Relief for Business Owners as Govt Extends Disclosure Deadline

The Business Registration Service (BRS) has extended the beneficial ownership information submission deadline for a period of six months with effect from 1st February,...

BUSINESS

Mastercard to Use Quantum-Resistant Technology to Protect Contactless Payments

Mastercard has announced that it is applying the latest quantum-resistant technologies to develop the next generation of contactless payments. The new Enhanced Contactless (Ecos) specifications are...