Base Titanium’s sales plunge 72 percent Reduced sales signal lower royalties and tax revenue for the government from the operation this year.
PRIME Kenyattas, Equity CEO top in Sh63bn bank dividends The Kenyattas, who hold a 13.2 percent stake in NCBA Group will pocket a record Sh1.03 billion.
Vivo cuts power use by 156MW on solar plant Vivo Energy Kenya cut its reliance on Kenya Power by 156 megawatts (MW) last year.
Scangroup to sell South Africa unit, posts Sh130m profit WPP Scangroup is planning to sell its business in South Africa and wind up several dormant units.
Car & General posts Sh273 million loss on forex, storage costs Car & General (C&G) made a net loss of Sh273.6 million in the 15 months ended December 2023.
Twiga Foods taps Jumia Kenya CEO to replace Peter Njonjo Twiga Foods has appointed Charles Ballard as new chief executive.
TotalEnergies dividend up as profit hits Sh4.6 billion TotalEnergies Marketing Kenya has raised its dividend payout by 46.5 percent to Sh1.92 per share.
NSSF ordered to pay tech firm Sh103m for contract breach The Court of Appeal has ordered the NSSF to pay a tech firm Sh103.4 million for breach of contract.
Vivo sales fall by Sh36bn on weak shilling Vivo Energy's revenues in the Kenyan market dipped by Sh36.49 billion in the year ended December 2023.
PRIME EAPI majority owner in fresh full buyout bid COPIL has made a fresh takeover offer to minority shareholders of EAPI.
US fund loses four-year tax battle from Java House sale KRA has slapped private equity fund, Emerging Capital Partners Kenya (ECP Kenya) with a Sh773.8 million tax claim.
Savannah Cement property sale probed Directors of troubled Savannah Cement illegally sold the company’s apartment in Nairobi.
Carrefour sales drop to Sh38bn on weak shilling Carrefour Kenya posted a 4.3 percent decline in sales to 1.05 billion United Arab Emirates dirham (AED).
Cigarette companies lobby to stop higher taxes on tobacco BAT Kenya wants the State to spare the new non-combusted cigarettes from higher ‘sin tax’.
Etihad Airways revives Abu Dhabi-Nairobi flights after three-year break Etihad Airways will on May 1 re-introduce passenger flights on the Abu Dhabi-Nairobi route.
Kenya Airways protests arrest of two employees in uncleared cargo row KQ has protested the arrest and detention of two of its staff by the Military Intelligence Unit in the Democratic Republic of Congo (DRC)
Kenya Power to move lines over Lake Nakuru flooding Kenya Power will relocate a section of its high-voltage transmission lines affected by the rising levels of Lake Nakuru.
Telkom, Jamii, Zuku beat Safaricom on fixed internet speeds Telkom, Jamii Telecommunications Limited (JTL)-owned Faiba and Wananchi Group-owned Zuku networks recorded the best download and upload speeds.
GenAfrica money market fund doubles assets to Sh921 million GenAfrica Asset Managers money market fund has reached Sh921 million in assets under management.
Absa Life Assurance profit up 84pc to Sh667 million Absa Life Assurance Kenya has posted an 84.4 percent rise in net profit to Sh667.2 million.
Five firms fail to block release of Sh145m goods from Mombasa port An assortment of goods valued at Sh145 million will be cleared from the Mombasa port.
Glovo dominates food and grocery delivery platforms Glovo is the most preferred digital platform for the delivery of food and groceries in Kenya.
KCB to auction 100 Greatwall apartments Some 100 homeowners at Greatwall Gardens in Athi River risk losing their units.