Nairobi, May 8 -- Diamond Trust Bank (DTB) will pick a CEO for its Kenyan operation for the first time in a new management structure that will leave the group managing director Nasim Devji in charge o... Read More
Nairobi, May 1 -- Marketing and communications firm WPP Scangroup is planning to sell its business in South Africa and wind up several dormant units, coming months after it sold its operations in Nige... Read More
Nairobi, May 1 -- Car & General (C&G) made a net loss of Sh273.6 million in the 15 months ended December 2023, reversing a net income of Sh679.4 million in the 12 months to September 2022. The latest... Read More
Nairobi, April 30 -- TotalEnergies Marketing Kenya has raised its dividend payout by 46.5 percent to Sh1.92 per share totalling Sh336.1 million on increased profit for the financial year ended Decembe... Read More
Nairobi, April 29 -- Directors of troubled Savannah Cement illegally sold the company's apartment in Nairobi for an unspecified amount soon after the firm fell into administration, increasing the expo... Read More
Nairobi, April 29 -- Foreign-owned retail chain Carrefour Kenya posted a 4.3 percent decline in sales to 1.05 billion United Arab Emirates dirham (AED) equivalent to Sh38.5 billion in the financial ye... Read More
Nairobi, April 26 -- SBM Bank Kenya is fighting off a Sh737 million tax penalty from the Kenya Revenue Authority (KRA), which relates to an agency contract the taxman had with the lender when it was t... Read More
Nairobi, April 26 -- High-income Kenyans plan to spend the bulk of bonus earnings on buying property or reinvesting in their businesses, underlining the propensity of the rich to save rather than spla... Read More
Nairobi, April 26 -- Bamburi Cement experienced 111 power outages last year, prompting the cement maker to convene a meeting with Kenya Power over the costly inconveniences mainly linked to load shedd... Read More
Nairobi, April 26 -- The Kenya Revenue Authority (KRA) has netted Sh20.8 billion from the ongoing tax amnesty programme that ends in June. The taxman said in a statement the amount has come on the ba... Read More