Investors eye gold mining business (Western Kenya)
Multi-national companies are showing interest in gold mining business in Kenya after the government agreed to the setting up of a processing plant in...
600 firms fire staff over Covid-19 challenges
More than 600 companies have shed jobs since the onset of the Covid-19 crisis in March, a staggering number that employers say could be...
Sending that letter may soon cost you 30pc more
The cost of sending letters locally and across East Africa will rise 30 percent under Postal Corporation of Kenya (PCK) proposed new rates as...
City residents to benefit from 10 park and ride railway stations
Commuter railway transport in Nairobi will receive a huge boost with 10 new stations which will soon be made fully operational.
The stations are meant...
Kilifi firm exports Covid-19 kits
A pharmaceutical firm in Kilifi County will go down in history as one of the first in Kenya and the region to manufacture and...
Nation Media Group plunges into KSh375.2 million net loss in H1 2020
A drastic drop in advertising and circulation volumes pushed down giant Nation Media Group(NMG)into a loss territory of KSh 375.2 Million in Net earnings at...
Bank deposits rise as firms hoard cash amid pandemic
The banking sector’s deposits rose at the fastest annual pace on record as companies hoarded cash to guard against slumping sales from the coronavirus...
Foreign investor holdings fall at NSE on selling spree
The volume of shares held by foreign investors at the Nairobi Securities Exchange (NSE) has dropped in the past one year following sustained selling...
