Nairobi, Dec. 1 -- East African Portland Cement Company (EAPCC) has defaulted on taxes and salaries amounting to Sh3.6 billion, underlining the financial woes of the State-owned firm. The amounts wer... Read More
Nairobi, Nov. 30 -- Centum Investment Company narrowed its net loss by two-thirds to Sh426.4 million in the half year ended September, helped by a recovery in its real estate business. The company ma... Read More
Nairobi, Nov. 28 -- Sameer Africa has launched construction of a new Sh260 million industrial warehouse within its Nairobi complex as part of its expansion in the real estate business, which is its mo... Read More
Nairobi, Nov. 28 -- Crown Paints and WPP Scangroup are the latest listed companies to issue profit warnings to their investors, bringing to nine the listed firms that are anticipating lower earnings t... Read More
Nairobi, Nov. 16 -- South Africa's telecoms operator Vodacom Group says it is not yet ready to sell part of its stake in mobile money platform M-Pesa, as rivals make moves to monetise their financial ... Read More
Nairobi, Nov. 14 -- Advisory firm Andersen Kenya has signed a memorandum of understanding with Istanbul-based trade organisation DeiK to make it easy for investors from Turkey to find deals in Kenya. ... Read More
Nairobi, Nov. 13 -- Wrong answers from artificial intelligence (AI) products have become a nightmare for learning institutions, where users rely heavily on ChatGPT and Google Bard, among other tools, ... Read More
Nairobi, Nov. 9 -- Google is reimagining its user experience with the launch of a generative AI-powered search engine in the sub-Saharan African region on an experimental basis. The new AI search fea... Read More
Nairobi, Nov. 8 -- Kenya is importing new machines to scan travellers at its airports as it moves to ease the pain caused by the taxman while ransacking bags in a bid to net more taxes. This was reve... Read More
Nairobi, Nov. 7 -- Pharmaceutical and biotechnology company AstraZeneca has donated a prostate cancer biopsy machine to the Kenyatta National Hospital as part of a larger initiative with seven centres... Read More