Nairobi, Feb. 15 -- Bamburi Cement will save about Sh400 million annually from its power costs on completion of its two solar plants in Nairobi and Mombasa. The cement maker, is setting up a 14.5 meg... Read More
Nairobi, Feb. 15 -- BAT Kenya has reported a 19.2 percent drop in net profit growth to Sh5.57 billion in the year ended December 2023 blamed on reduced sales as increased taxes pushed consumers to ill... Read More
Nairobi, Feb. 14 -- The Agriculture and Livestock Ministry has opened up 21,000 acres of idle land belonging to the National Youth Service (NYS) and Tana and Athi Rivers Development Authority (Tarda) ... Read More
Nairobi, Feb. 14 -- Airtel Africa plans to build a data centre in Nairobi, in what will become its second such facility on the continent after Nigeria as it moves to diversify its revenue streams. Th... Read More
Nairobi, Feb. 13 -- Hire purchase lender Synergy Industrial Credit wants to acquire part of its own shares valued Sh400 million, becoming one of the few non-listed firms to go this route. The firm, w... Read More
Nairobi, Feb. 12 -- Loan defaults rose by Sh133.6 billion in the financial year ended December 2023, overtaking levels recorded during the Covid-19 pandemic era and sinking the banking sector into a r... Read More
Nairobi, Feb. 12 -- The government plans to roll out a number of incentives targeting Kenyans in the diaspora in a bid to increase remittances to at least Sh1 trillion a year and boost the country's f... Read More
Nairobi, Feb. 8 -- Owners of temporary structures on road reserves in Kenyan cities will be required to pay a minimum fee of Sh3,000 daily under proposed regulations that will also allow the governmen... Read More
Nairobi, Feb. 8 -- Deputy President Rigathi Gachagua and the 22 Cabinet Secretaries (CSs) hired 250 personal staff in the financial year ended June 2023, adding to the many jobs that have been dished ... Read More
Nairobi, Feb. 8 -- Squatters unwilling to buy part of the 909 acres of East Africa Portland Cement Company (EAPCC) land they occupy face eviction in two weeks as the firm eyes Sh5 billion from the dis... Read More