Tuskys closes CBD branch over rent arrears
Tusker Mattresses Limited (Tuskys) has closed one of its stores in the Nairobi CBD over rent arrears. Closure of the CBD branch named Tuskys Hakati follows...
Kenya Airways, staff row to be settled out of court
An employment dispute between aviation workers and Kenya Airways on reduction of staff, salary cuts and unpaid leave due to Covid-19 pandemic will be...
Norwegian fund backs out of KSh6 billion Laikipia solar project
Norfund, Norwegian State-owned investment company, together with its partner Scatec Solar have withdrawn from the Rumuruti Solar Park, which was to be built in...
Ray of hope for bars as drinking rules take shape
Bars have committed to cut sitting capacity by half under social distance rules and contact free-bill payment after President Uhuru Kenyatta directed the development...
Standard Group posts KSh 306 Million loss in H1 as ad revenues shrink
Standard Group has posted a loss of Ksh 306.1 million in the first half of the year compared to a profit of Ksh 19.3...
East African Cables reports KSh244 Million loss in H1 2020
East African Cables Group recorded a loss of Ksh 244.4 million for the six months ended June 30th.
Company Secretary Virginia Ndunge says the performance...
Lobby: Liquor sale ban to cost 57,000 jobs
The closure of bars and the ban on sale of alcohol in restaurants to contain the spread of Covid-19 will result in massive loss...
KCC Kitale plant gets Sh350m from State for upgrading
The government has given Sh350 million for modernising the New Kenya Creameries Cooperative (KCC) milk processing plant in Kitale.
Nixon Sigey, the New KCC Managing...
