MPs push for set up of petroleum fund as prices skyrocket
Business Daily | by Edwin Mutai
Parliament wants the National Treasury to urgently put into operation the Petroleum Consolidated Fund to help stabilise pump prices.
The...
Serena Hotels posts its biggest loss ever after tough year
Kenyan Wall Street | by Miriam Wangui
TPS Eastern Africa, the company that owns and operates Serena Hotels, has reported a net loss of KSh1.2...
Banks bounce back from Covid-19 blues to report jump in profits
The Standard | by Fredrick Obura
Banks are slowly getting on track after a tough year in 2020 due to the adverse effects of the...
Equity Group’s Q1 net profit rises by 63pc to Sh8.6 billion
Kenyan Wall Street | by Miriam Wangui
Equity Group, East Africa’s largest lender by customer numbers, has reported a KSh8.6 billion net profit at the...
A third of lenders flagged for flouting banking rules
Business Daily | by Constant Munda
A third of Kenyan banks breached banking laws and rules last year, the regulator said Wednesday, exposing them to...
Kenya bars more Emirates flights in spat with Dubai
Business Daily | by Edwin Mutai
Kenya and Dubai-based Emirates airline are caught in a row over a push for additional flights into Nairobi, heightening...
Safaricom led consortium to start Ethiopia operations in 2022
Kenyan Wall Street | by Business Reporter
A license to operate telecommunication services in Ethiopia was on Saturday awarded to Kenya’s telco giant Safaricom in a consortium...
Payment mode row delays Sh1.7bn for Lamu fishermen displaced by port
Business Daily | by Gerald Andae
The Sh1.7 billion compensation to the fishermen affected by construction of the Lamu port has been delayed after they...
