PZ Cussons East Africa has under its umbrella some of Kenya's most well known personal and homecare brands - staples in many homes such...
The operations are a key part of the organization's diversification strategy - representing a shift away from reliance on revenue from generating and selling electricity to distributors such as Kenya Power and Lighting Company (KPLC).
NSE noted that the State could potentially raise Ksh150 billion by reducing its stake in Safaricom to 25 per cent from the current 35 per cent. In 2008, the government raised more than Ksh50 billion after selling a 25 per cent stake, or 10 billion shares, in Safaricom.
At the close of April, the Ministry of Health had spent Ksh1.3 billion even though the approved budget was Ksh976.8 million. In similar regard, a report by Auditor General Nancy Gathungu revealed how Ksh2.3 billion was lost in procuring Covid-19 medical supplies.
Investors will be required to put their money in high-impact enterprises creating jobs and raising Kenya's export earnings to be eligible. The plan is seen as a way of growing Foreign Direct Investment (FDI) inflows into the country.
Kenya UK diplomatic row: KQ has suspended flights to and from the UK effective 9th April until further notice, as the diplomatic tiff between...
This is an outstanding performance compared to the month of February when KRA collected Ksh127.7 billion, registering a performance rate of 105.1% to surpass its February revenue collection target. Despite the slow economic progression, KRA registered 11.2% revenue growth, collecting a surplus of Ksh6.6 billion in March 2021. This is the fourth month running that KRA posted an improved and above target performance since December 2020.
CBK stated that the resumption of charges would be subject to review in line with principles announced in December 2020 of customer centricity, transparency and disclosure, fairness and equity, choice and competition and affordability.
As revealed by Big Square CEO Lawrence Mudachi who is also the Chair of the Retail Traders Association, the effects of President Uhuru's address on Friday, March 26 immediately sent ripples through the sector.