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Japanese auto giant shakes Kenya's car spare parts market

Nairobi, March 29 -- Japanese trading firm Kaiho Industry Co. Ltd will on Wednesday next week launch Kenya's first second-hand motor vehicle spare parts auction in Nairobi, a move that is expected to ... Read More


DTB raises dividend as profit grows to Sh6.8bn

Nairobi, March 27 -- DTB Group raised its dividend payout to a record of Sh6 per share for the year ended December when its net profit grew 13.4 percent to Sh6.8 billion on higher interest and transac... Read More


Kenya Airways loss narrows to Sh22.6bn as revenues surge

Nairobi, March 26 -- Kenya Airways narrowed its net loss by 40.6 percent to Sh22.6 billion in the year ended December, helped by a surge in revenues. The company had made a net loss of Sh38.2 billion... Read More


Isuzu grows footprint with UD trucks dealership

Nairobi, March 6 -- Isuzu East Africa has won the rights to distribute UD trucks in the Kenyan market, taking over the franchise from CMC Motors Group, which exited the sale of motor vehicles to focus... Read More


Billionaire Kibunga Kimani takes 6.8pc stake in Centum

Nairobi, Feb. 6 -- Billionaire investor John Kibunga Kimani has bought an additional 10.8 million shares of Centum Investment Company Plc currently worth Sh90.7 million, raising his stake in the firm ... Read More


EABL cuts dividend as profit drops 22pc to Sh6.7 billion

Nairobi, Jan. 25 -- East African Breweries Plc (EABL) cut its interim dividend by 73.3 percent to Sh1 per share after posting lower earnings in the half year to December 2023. The company had paid an... Read More