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Latest business news in Kenya Latest business news in Kenya
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Martin K.N Siele is the Content Lead at Business Today. He is also a Quartz contributor and a 2021 Baraza Media Lab-Fringe Graph Data Storytelling Fellow. Passionate about digital media, sports and entertainment, Siele also founded Loud.co.ke

1207 Articles
Standard Group's Mombasa Road Headquarters. The firm took a hit in 2020 as firms cut advertising budgets during the pandemic.
BUSINESSMEDIA

Standard Group Posts Ksh434 Million Loss as Advertisers Flee

The media firm posted a whooping Ksh434 million pre-tax loss, down from Ksh684 million in 2019 - representing a 36 per cent decline....

2 Mins read
kemsa
ECONOMY

Uhuru Overhauls KEMSA Board as US Govt Piles Pressure

“We have had an issue with KEMSA, the institution responsible for the distribution, and as you know very well, concerns in particular about...

2 Mins read
Nairobi Securities Exchange (NSE) trading floor as seen on April 25, 2019. Optiven becomes the 23rd firm to join the NSE's Ibuka Accelerator Program. [Photo: DIANA NGILA | NAIROBI]
BUSINESS

Real Estate Firm Optiven Joins NSE’s Ibuka Programme

Eventually, such a company could qualify to list on the bourse, although it is still free to drop out before doing so. NSE...

2 Mins read
Britam Tower in Upperhill, Nairobi. The regional insurer took a hit from losses in its investment portfolio for the 2020 full year.
BUSINESSMARKETS

Britam Posts Record Ksh9.1 Billion Loss

“The Holding Company is committed to support the fund to fulfill its obligations as they fall due, through management oversight of the fund’s...

1 Mins read
Nation Media Group (NMG) Headquarters in Nairobi. Since hitting highs of Ksh307.27 in 2013, NMG's stock price at the Nairobi Securities Exchange (NSE) has been on a steep decline and is currently trending at around Ksh16.
MARKETSMEDIA

NMG Net Profit Tumbles 95% to Ksh48M from Ksh856M – Here’s Why

Eyebrows were raised in February when NMG announced plans to buy back 10% of its shares in a share buy-back programme, one of...

1 Mins read
Over the past week, more than 300,000 people have tested positive each day for Covid-19 in India, leading several countries to restrict entry for travelers from the country.
FEATURED ARTICLE

Kenya Suspends Flights From India for 14 Days

There have been 14 million recoveries, and over 20q,000 deaths. The surge has left India's health system stretched even as the PM Narendra...

1 Mins read
Kenfield Griffith & Teddy Ogallo. Ajua Founder and CEO, Kenfield Griffith says, “The acquisition of WayaWaya is an important milestone for us, as we make a significant leap in ensuring the customer experience journey for businesses across the continent is seamless. "
BUSINESSTECHNOLOGY

Ajua Acquires Banking AI Firm WayaWaya

The acquisition of WayaWaya comes just one month after Ajua announced its partnership with Nigeria’s MTN for MTN EnGauge, an agile application that...

3 Mins read
Tabitha Karanja (left) and her husband Joseph Karanja launching the Vienna Ice Strong Lager brand on April 27, 2021. Formulation of the product was informed by market research by Keroche which revealed dominance of imports in the strong beer segment.
BUSINESS

Kenya’s Strongest Beer: Keroche’s 10% Alcohol Lager to Compete With Faxe, Atlas

Keroche CEO Tabitha Karanja alluded to the dominance of imports in the strong beer segment, voicing confidence that Kenyans would support and enjoy...

1 Mins read
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