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Ms Lucy Karuga used to face pressure from her milk suppliers who always demanded to be paid immediately → Read More
Company realised Sh624 million net earnings in the period to June 30. → Read More
Cement maker's half-year net earnings up 87 per cent. → Read More
Power division pulls down group output. → Read More
Cable maker suffered Sh70.9 million loss in the period to June 2015. → Read More
Company suffered Sh1.6 billion loss in a similar period last year. → Read More
Customers with over Sh100,000 in lender to wait for a year before accessing the funds. → Read More
The minimum investment is locked at Sh1 million per investor. → Read More
Mounting bad loans are expected to hit Standard Chartered Bank’s fortunes on the stock market. → Read More
Lender has failed to pay its debtors and flouted regulatory rules → Read More
Exports, on the other hand, have grown from Sh2.1 billion in 2010 to Sh3.5 billion in 2013. → Read More
Profit after tax stood at Sh3.9 billion in the first six months of 2015. → Read More
Kenya projects that foreign direct investment will surge to over Sh200 billion this year riding on renewed investor interest and confidence in the country’s business climate. Speaking at the Kenya-Japan investment forum in Nairobi on Wednesday, Kenya Investment Authority (KIA) managing director Moses Ikiara said the improving business environment coupled with planned, high profile investment… → Read More
Deal expected to boost trade between the two countries → Read More
Central Bank of Kenya put the bank under receivership after it fell behind its debt obligations. → Read More
Institution unable to maintain cash ratios are required by law. → Read More
Diamond Trust Bank has recorded a 10.7 per cent growth in profit after tax in the first half of 2015, buoyed by earnings from interest on loans. → Read More
Mr Jimnah Mbaru takes over as the company’s chief executive following the exit of Mr Paul Orem. → Read More
The Nairobi Securities Exchange is targeting a growing middle class in Kenya with a new investment vehicle. → Read More
The shilling weakened in the early trading hours Thursday to trader at 101.40/101.50 a day after the Central Bank left its policy rate at 11.50 per cent, beating market expectations. → Read More