MARKETS
Money and markets section. This covers stock market, equities, bonds, banks and insurance as well as agribusiness.
Real estate firm to develop 1,200 residential houses at Tatu City
Tatu City has announced the addition of a new high-density residential development to its project. Construction by developer Lifestyle Properties is set to begin in November...
Panic as KRA recalls 124 personal cars over tax issues
The Kenya Revenue Authority (KRA) has recalled 124 high-end vehicles to facilitate a review of their tax status. The vehicles, comprising Sports Utility Vehicles and...
Pain for motorists as petrol price rise
Petrol and diesel prices have gone up by Sh3.54 and Sh4.14 respectively with the new prices set to remain in force from Sunday to...
Safaricom profit hits Ksh38 billion
Mobile services operator Safaricom posted a 19% increase in full-year profit that exceeded market expectations as new users helped drive income from all services...
Equity first quarter profit jumps to Ksh5.1 billion
Equity Bank Group has reported a 20 per cent jump in profits for the first quarter of the year, buoyed by an increase in interest income. Profit...
Major tax break for low income earners
Low income earners will be exempted from paying tax on bonuses, overtime and retirement benefits. President Uhuru Kenyatta's directive to National Treasury is part of...
How CBK snatched Ksh8 billion from Chase Bank directors
Chase Bank was reopened in record time after Ksh8 billion that had been allegedly lent out to directors irregularly was recovered in three weeks....
KCB property bus tour offers rich pickings for investors
KCB Bank Kenya will launch its annual property bus tour on Saturday, 30th April, 2016 in Nairobi as it sets focus on low cost...