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Business news highlights

State insurer to pay fallen banks’ depositors Sh250m

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Business Daily | by Constant Munda Depositors and creditors in collapsed Dubai Bank, Euro Bank and Kenya Finance Bank will start getting payments as the...

KEPSA launches the first private sector gender mainstreaming policy

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TheStandard | by Nancy Nzau The Kenya Private Sector Alliance has launched the first private sector gender mainstreaming policy. The policy, which was developed with support...
kq, kenya airways, national aviation management bill

Kenya Airways cuts loss to Sh15bn on higher revenue

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Business Daily | by Constant Munda Kenya Airways narrowed its net loss for the year ended December by 56.58 percent on higher revenue as travel...
kenya power, electricity bills, electricity costs, electricity supply

Talks open for another 15pc power bills cut

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Business Daily | by John Mutua and Lynet Igadwah Negotiations have begun around a deal to review power purchase agreements (PPAs) signed over the years...

Cash-strapped KWS lists new drone, car parking, bush parties fees in revenue race

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Business Daily | by Elizabeth Kivuva Kenya Wildlife Service (KWS) has introduced charges for activities like use of drones, shooting videos and lion tracking in...
safaricom plc

Safaricom’s voice share rises to 70pc

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Business Daily | by John Mutua Safaricom’s share of the voice market hit a four-year high of 70.4 percent in the three months ended December,...

Struggling Resolution Insurance suspends non-medical cover

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TheStandard | by Patrick Alushula Cash-strapped Resolution Insurance will not renew or underwrite non-medical covers for three months as shareholders dither on making a Sh2 billion capital...
nairobi securities exchange bourse

NSE posts 21 percent drop in net profit as costs rise

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Business Daily | by Brian Ngugi The Nairobi Securities Exchange (NSE) has posted a 21 percent drop to Sh132 million in net profit for the...