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Business news highlights

Team appointed to oversee leasing of 5 state-owned Sugar Mills

The Cabinet Secretary for Agriculture, Livestock, Fisheries and Co-operatives has appointed a team that will oversee the leasing out of 5 state-owned sugar mills...

Mobile phones pull 200,000 households out of poverty

The Standard | by Macharia Kamau Thanks to the mobile phone, thousands of people have gotten out extreme poverty in Kenya over the last decade. A new...

Tuskys closes three more branches on cash crunch

Business Daily | by Bonface Otieno Supermarket chain Tuskys has shut down three more branches, marking its latest retreat in the retail market on dwindling...

Jubilee Health Insurance posts Sh535m profit

Business Daily | by Patrick Alushula Jubilee Health Insurance has posted Sh534.58 million net profit in nine months to September, marking the first separate disclosure...

Sun, sand and social distancing as Coast beaches reopen

Nation | by Winnie Atieno The Covid-19 pandemic and the attendant rules to curb its spread have affected many economic sectors. One of the hardest...

Mombasa mega gas terminal to ease prices in upgrade

Business Daily | by John Mutua Supply of cooking gas is set to increase following the upgrade of an import handling and storage terminal in...

Covid-19 rules to change school life

Schools may reopen in January 2021 as envisaged by the government, but life in those institutions may never be the same again if the...

Safaricom the preferred brand by women clients

Business Daily | by Lynet Igadwah Safaricom has been ranked the most preferred brands by women in Kenya, topping M-Pesa and Equity Bank. Research firm...