Month: August 2022

130 Articles
A gate pictured at the Kakuzi farm
BUSINESS

Kakuzi Half-year Profits Soar 60% To Ksh495 Million

Listed agribusiness firm Kakuzi PLC has posted 60 per cent increase in pretax profit in its half-year results to Ksh494.7 million. The profits...

SportPesa CEO Ronald Karauri at a past event. He is the newly-elected MP for Kasarani Constituency. [Photo/ NW]
FEATURED STORY

SportPesa Licensed to Operate by the BCLB

"We are in receipt of our licence BCLB no. 0000448 valid up to June 30th, 2023," SportPesa noted in new communication seen by...

SportPesa CEO Ronald Karauri was this week declared MP-elect for Narobi's Kasarani constituency. He ran for the seat as an independent candidate after failing to clinch the Jubilee Party ticket. [Photo/ Radio Africa]
FEATURED STORY

Karauri Addresses Alleged Kenyatta Family SportPesa Grab

Itumbi had claimed that the company's operational license had been awarded to a member of the Kenyatta family in what he described as...

NMG attributed the decline in profitability to factors including a 'drastic' rise in the global prices of newsprint paper. [Photo/ Nairobi News]
BUSINESSMARKETS

NMG Half-Year Profit Slides to Ksh247 Million

NMG attributed the decline in profitability to factors including a 'drastic' rise in the global prices of newsprint paper, disclosing that the costs...

SBL Si Plus
FEATURED STORY

Businessman Slashes Fertiliser Prices To Ksh254 To Celebrate Peaceful Elections

At last, the election season, which saw Kenyans struggle to open shops, do business and maintain incomes, is now firmly behind us and...

TransCentury
BUSINESS

TransCentury Subsidiary To Build Ksh30B Housing Units In DRC

AEA Ltd (AEA), a subsidiary of TransCentury PLC, has signed a memorandum of understanding (MOU) with Symbion Architect to construct housing units for...

Joanne Mwangi-Yelbert
FEATURED STORY

Joanne Mwangi-Yelbert Appointed New KTB Chairperson

President Uhuru Kenyatta appointed Ms Joanne Mwangi-Yelbert as Chairperson of the Kenya Tourism Board (KTB)for a three-year term via gazette notice dated July...

WorldRemit in Kenya
FEATURED STORY

Kenyan Families To Pay 1.75 Times Of Their Household Monthly Income On School Supplies – Survey

Global payments company WorldRemit announced the results of its 2022 Cost of School study observing how the changing economic environment has affected the...

Newly-elected Nairobi Governor Johnson Sakaja (R) with NMS Director-General Lt. Mohammed Badi at a past event. [Photo/ Twitter]
BUSINESSECONOMY

End of the NMS Era as Sakaja Takes Over City Hall

The four core functions of the county which the NMS took over are health services, transport services, physical planning and development and public...

China National Building Material Group Co., Ltd. (CNBM) ranked 196th on the 022 Fortune Global 500 list.
FEATURED STORY

CNBM Ranked 196th on Fortune Global 500 List 2022

While pursuing high-quality development, CNBM will stick to its core concept of “making use of resources to serve the construction” practice its corporate...