NCBA: Kenyattas Get Ksh835M Dividend as Profits Hit Ksh13B
The increased payout follows the bank's growth in profit after tax, from Ksh10.22 billion in 2021 to Ksh13.78 billion in 2022 - representing a 34.77% increase.Â
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KBC to be split in May
NAIROBI (Business Daily) - The Attorney General’s office has registered the Kenya Broadcasting Corporation (KBC) subsidiary, Signet, paving the way for the mid-May split...
Manchester legends unveil EPL trophy to Kenyan fans
NAIROBI - Manchester United legends Andrew Cole and Quinton Fortune yesterday unveiled the Barclays English Premier League trophy, one of the most celebrated symbols...
Unilever Global CEO places strong bet on Kenya’s economic prospects
NAIROBI - Unilever has reassured that it will not relocate its manufacturing plant from Kenya despite the rising cost of doing businesses in the...
Sky News admits e-mail hacking
London - UK news channel Sky News said Thursday it had authorized its journalists to hack illegally into the e-mail of individual members of...
Joyce Banda rises to Malawi’s president, preaches unity and forgiveness
LILONGWE - Malawi's Vice President Joyce Banda, a women rights advocate, rose to the country's presidency on April 7 after she was sworn in...
Cab operator engages high gear
Titus Mumo started with one car and now runs a fleet of 25 in under two yearsWhen Titus Mumo started his taxi business in...
Agony in northern Uganda as mysterious diseases kills 100 people
Nancy Lamwaka is a beautiful 12-year-old girl in Lapur village in the northern Ugandan district of Pader. The district which was...
Business Daily writers scoop top two slots in Citibank journalism awards
NAIROBI - Two writers from the Business Daily took the first two positions in this year's Citi Journalistic Excellence Awards announced last evening. ...
Business Daily writers scoop top two slots in Citibank journalism awards
NAIROBI - Two writers from the Business Daily took the first two positions in theis years Citi Journalistic Excellence Awards announced last evening. ...
As revenues fall, Yahoo fires 20,000 employees
Yahoo yesterday announced to lay off 2,000 employees, or about 14 percent of the company's workforce. "Today's actions are...
KenGen signs 280 megawatt geothermal power contract with Chinese company
NAIROBI (Xinhua) – Kenya Energy Generating Company (KenGen) has signed the final major contract for the development of 280 megawatts of geothermal power in...
Jamii Bora to build major low-housing estate
NAIROBI - Jamii Bora Makao has launched a major residential housing project that is expected to boost the supply of affordable houses around Nairobi...
Airtel charms mobile callers as it enters Rwanda
KIGALI (Xinhua) - With the entry into Rwanda's market four days ago, Airtel, the fifth telecom company in the world, has sparked enthusiasm of...
Kenya to import millions of digital broadcasting set top boxes
NAIROBI (XINHUA)- Kenya is set to import millions of digital video broadcasting (DVB) gadgets as the country seeks to comply with its 2012 deadline...
Central Bank keeps signal rate at 18%
Below is the full press released by Cebtral Bank of Kenya on the current economic environment and interest rate.PRESS RELEASE ...
Scores trapped in mud slide that killed four people in Mathare slums
Four people have reportedly died and scored feared trapped in mud after a collapsed rock landed on about 10 houses in Mathare slums, Nairobi,...