Sameer narrows loss 68pc after closure of tyre unit
Sameer Africa narrowed its net loss 68 per cent to Sh58.5 million in the half year ended June, benefiting from the closure of its...
Farmers oppose Sony Sugar leasing over Sh560 million arrears
Farmers at the cash-strapped Sony Sugar Company have piled pressure on the government to pay their dues before considering leasing the mill to a...
Transport ministry to upgrade 408km of road in city slums (Nairobi)
Over 400 kilometres of roads will be upgraded in Nairobi’s informal settlements, the Ministry of Transport has said.
Transport Cabinet Secretary James Macharia has said...
Kenya sees bright cruise tourism prospects post-Covid
Kenya is looking beyond the challenges posed by Covid-19 as it seeks to position the country as a top cruise tourism destination globally.
The Kenya...
Family Bank posts 24pc earnings rise on interest income
Family Bank reported a 75.2 per cent net profit growth in the half year ended June on the back of higher interest income.
The lender’s...
Power projects face delays as virus bites state agencies, contractors
Kenya could delay completing major electricity projects as contractors experience difficulties in accessing critical materials as well as mobilising teams owing to the impact...
Tender for Sh25bn Soin-Koru multipurpose dam re-advertised
The government has re-advertised the tender for the construction of Sh25 billion Soin-Koru multipurpose dam after bidders failed to meet minimum standards.
Through the National...
KEPSA to blacklist firms in Covid-19 cash theft
The Kenya Private Sector Alliance (KEPSA), a powerful lobby group representing the interests of over 400 business associations and corporates, is pushing for the...
