Sales costs of Uganda unit to slash Bamburi Cement profits

Nairobi, April 2 -- Listed cement maker Bamburi has cautioned investors that its profit for the year ended December last year will plunge by a quarter compared to the earnings booked in 2022, citing a... Read More

Sales costs of Uganda unit to slash Bamburi Cement profits

Nairobi, April 2 -- Kenya's cement maker Bamburi has cautioned investors that its profit for the year ended December last year will plunge by a quarter compared to the earnings booked in 2022, citing ... Read More

Local travel start-up Triply bags Sh65.8m funding from Y Combinator

Nairobi, April 2 -- Local travel tech start-up Triply.co has received a major boost after it bagged $500,000 (Sh65.8 million) in funding from start-up accelerator Y Combinator to power its next phase ... Read More

Cash outside banks drop fastest in five years

Nairobi, April 1 -- Cash circulating outside banks dipped at the fastest rate since Kenya's demonetisation phase five years ago in January this year after it fell by Sh13.3 billion to stand at Sh268.8... Read More

Coffee grower Eaagads issues profit warning

Nairobi, March 28 -- Listed coffee grower Eaagads has issued a profit warning for the financial year ending March 2024, citing a reduction in the volume of coffee offered to the market. In a public n... Read More

BasiGo gets Sh395m to scale up electric buses output

Nairobi, March 26 -- BasiGo has received $3 million (Sh394.5 million) in equity funding from CFAO Group, a mobility industry player wholly owned by Japan-based Toyota Tsusho Corporation, to ramp up th... Read More

Kenya's happiness ranking drops

Nairobi, March 26 -- Kenya's happiness levels have dropped for the first time in five years, an analysis based on a newly released survey shows. Scores in the happiness ranking are based on individua... Read More

Kenya's happiness ranking drops

Nairobi, March 26 -- Kenya's happiness levels have dropped for the first time in five years, an analysis based on a newly released survey shows. Scores in the happiness ranking are based on individua... Read More

Lawsuit that could unlock freedom for iPhone users

Nairobi, March 25 -- A lawsuit filed in the US against tech giant Apple could potentially unlock more use options for iPhone customers if the prayers sought by the petitioner are granted by the courts... Read More

KRA downplays data privacy concerns on eTims use

Nairobi, March 22 -- The Kenya Revenue Authority (KRA) has said taxpayers' data in its electronic tax invoice management system (eTims) is safe, downplaying concerns that some sensitive personal infor... Read More

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