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This section offers a critical and insightful take on various issues in the news – economy, business, markets and politics.

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Eveready
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Sh303.5M Loss Pushes Eveready Deeper into the Red

Listed battery company Eveready has announced a 160% increase in losses to Ksh303.5 million for the 12 months ended December 2019 up from...

Jumia Kenya CEO Sam Chappatte during a past event. www.businesstoday.co.ke
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Jumia To Use Customers’ Data To Monetise its Platform

Being the biggest e-commerce platform in Africa, Jumia has over 3 million customers who regularly visit the site to shop. With this amount...

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Kenya Airways Suspends Flights to China

National carrier Kenya Airways has suspended flights to China, hours after the World Health Organisation (WHO) declared Corona Virus a global health emergency...

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EABL Half-Year Profit Jumps 9% to Sh7.2 Billion

East African Breweries Limited (EABL) has posted a profit of Ksh7.2 billion for the half-year ended December 31, 2019, representing a 9% increase...

(L-R) Tusker Lager Brand ambassadors Melanie Ogutu,Margaret Nzilani and Ester Charity pose for a photo at a past event at K1. www.businesstoday.co.ke
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Tusker, Naiboi to Direct All Traffic to Westlands This Weekend

Kenya Breweries Limited will be directing all traffic to K1 Club House in Westlands on 1st February 2020 for the first edition of...

Sagheer Mufti has been hired by DTB to tighten up corporate governance. He is a former Citi Bank's Global Head of Anti Money Laundering Operations. www.businesstoday.co.ke
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Diamond Trust Bank Adds Anti-Money Laundering Expert To Its Board

Tier 1 Lender Diamond Trust Bank Kenya Limited has enlisted the services of an anti-money laundering and banking operations expert as a non-executive...

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UNESCO, StarTimes Sign Partnership on Education

The United Nations Educational, Scientific and Cultural Organization Multisectoral Regional Office (UNESCO) and Africa’s leading digital TV operator StarTimes, have signed a Memorandum...

Vehicle insurance fraudsters are costing the sector billions. Insurers are now turning to technology to help tame the vice. www.businesstoday.co.ke
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Virtual Motor Insurance Certificates Replace Physical Certificates

Virtual motor insurance certificates are now in the market following a roll-out process that commenced in October 2019 with motorcycle certificates. The virtual...

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