Tag: loss
Britam sinks to Sh2.3 billion pre-tax loss
Britam Holdings has reported a Ksh2.29 billion loss for the financial period ended December 31, 2018 compared to the Ksh865.8 million profit it raked...
Mumias Sugar sinks further into negative territory after posting Sh15b loss
Mumias Sugar Company has plunged further into negative territory after posting a Ksh 15.1 billion loss in the year ending June 2018, which is...
Kenya Airways records Sh6.1bn 9-month loss
The National carrier says it suffered from long electioneering period in 2017 that saw domestic travel numbers drop by 20%
Standard dons a brave face as it sinks deeper in the red
The Group mainly attributes this to a 17% drop in print advertising revenue occasioned by business uncertainty during the electioneering period
Family Bank records Sh 748 million loss
However, the lender says it registered a steady growth in both customer deposits and income from increased lending in the three months of Q3
For mining firm, all that glitters is not gold
Kilimapesa Goldplat Ltd, which mines gold in Transmara, has announced a net loss of Sh153. 571 million in the last financial year
Billionaires firm sinks deeper in the red
Infrastructure company blames Sh1 billion loss on constrained access to credit lines, which slowed project acquisition
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HEALTH
Whipped and Stripped! A Survivor’s Tale of Harrowing Brutality in a Mental Hospital
The lack of a long-term vision and inadequate resourcing of mental hospital infrastructures continues to take a toll on Kenya’s mentally ill patients.
BUSINESS
Dubai Agency Picks Top Influencer Marketers to Lead Kenyan Operation
This strategic move is in line with indaHash vision to cement its presence in Africa, following its impactful footprint in South Africa since 2017 and successful collaborations with clients like the South African Tourism Board.
SPORT
SportPesa to reward Customers in Cash-Filled Festive Promotion
Running from December 4th to 25th, the SportPesa campaign promises daily excitement with six lucky winners expected to walk away with Ksh5,000 daily.
PERSON OF INTEREST
Captain William Ruto: President’s Namesake With a Decorated Career
Captain William Kipkemboi Ruto is officially known by the name William Ruto, which also happens to be President William Samoei Ruto’s official name.
SMART MONEY
Amazing Origin of ‘Pesa’ and How Shilling Overtook Foreign Currencies
With the establishment of individual Central Banks for the three East African countries, Kenya began printing and minting its own shilling currency notes under the mandate given to the Central Bank of Kenya in 19676.