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News,Gossip,Sports and Entertainment from Nairobi. → Read More
The performance is one of the best in the industry where more players are posting lower profits. → Read More
CAK orders retailers, manufacturers, and suppliers to create a code of practice that will become law and enforceable by the regulator. → Read More
Lender had announced the bonus share plan to reward shareholders. → Read More
The retailer will regain operational freedom with the removal of restrictions imposed by the regulator. → Read More
The company did not give reasons for their departures. → Read More
The percentage of people owning a mobile phone in Kenya stands at 62 percent, indicating significant growth opportunity for mobile service providers. The statistic, which weeds out the impact of multiple SIM cards ownership in assessing mobile penetration, has been published by Airtel Africa, which operates in Kenya and other regional markets. Kenya’s unique mobile penetration is the highest in… → Read More
The company, which has long lamented intense competition from cheaper imports, did not say what made it throw in the towel. → Read More
News,Gossip,Sports and Entertainment from Nairobi. → Read More
BMW sales also suffered after the German car franchise was transferred from Simba Corporation to rival Inchcape Kenya. → Read More
News,Gossip,Sports and Entertainment from Nairobi. → Read More
NIC Group is yet to issue new shares to owners of CBA Group as part of their merger. → Read More
The loans will be priced at a range of between 11.5 percent and 11.9 percent. → Read More
Lender appoints consultancy firm PVR Rao to take over firm’s operations. → Read More
The firm attributes performance to cost incurred when buying out now insolvent ex-partner Deacons. → Read More
Safaricom has invested Sh407 million in its international mobile money transfer business. → Read More
Safaricom's price per MB fell 42 percent in the year ended March 2019. → Read More
Firm has committed to keep funding the regional units which have posted losses for years. → Read More
Vivo has formed a non-fuel joint venture with Kuku Foods East Africa Holdings. → Read More
TPS Eastern Africa has received waivers from financiers that had lent it Sh2.5 billion. → Read More