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Business
Kenya Airways lists additional shares at the Exchange
In Summary:KLM as result of its in-kind contribution will have a shareholding of 7.8% and the balance, of 5.2%, between other shareholders and a new employee share ownership Plan (ESOP)
Government increased its shareholding to 48.9%…
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Kenya Railways Announces New Schedule For Madaraka Express Passenger Service
By Moses Cheruiyot
In Summary:The Inter County service from Nairobi to Mombasa via Athi River, Emali, Kibwezi, Mtito Andei, Voi, Miasenyi, Mariakani will be departing Nairobi at 0800hrs every morning and is expected to arrive in Mombasa…
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Kenya Tourism Board unveils reward program for local marathon champions
In summary:The initiative will see KTB award each marathon champion a fully-paid vacation to top tourist destinations in Kenya.
The programme is in recognition of the important role Kenyan athletes play in selling Kenya abroad.…
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KCB & Botswana insurance holdings ranked most attractive financial institutions in Sub Saharan…
By CW Correspondent
In summary:Following a decline in commodity prices and slowing demand from China, the region fell behind the world economy in output, growing at 1.4% in 2016, slower than the aggregate global growth of 3.2%.
The…
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Insurers optimistic of increased penetration by 2020
The Kenyan insurance sector is increasingly leveraging on mobile technology leading to an increase of financial inclusion from 26 per cent in 2006 to 75 per cent currently. Ranked fourth in Africa, the Kenyan insurance sector is scaling the…
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Mobile phone manufacturer Oppo launches the F5 full screen with borderless display
By CW Correspondent
In summary:Priced at 31,990 Ksh, the OPPO F5 is now on sale (from November 28th) and will be available both online and offline.
The OPPO F5, the successor to the F3, features advanced specifications compared to…
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Bakex Millers targets larger market share as it unveils new wheat mill plant
By KJ Odongo
In Summary:The fully automated mill has been developed and supplied by Buhler - one of the leading companies worldwide that manufactures milling machinery
The firm started its operations in 1983 by installing its first…
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Pension Schemes increase equity exposure to ride on post-election wave
By Francis ZyderIn summary:The stock market has maintained an upward trend with performance of the NSE All Share Index at 21.7% despite the electioneering period
Fixed income assets accounted for 70.8 per cent of the average pension…
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Family Bank Records Solid Growth Despite Loss In Q3’2017
By Catherine Muema
In summary:Bank recorded a sh 748 million loss for the first nine months of 2017
Bank’s liquidity ratio increased by 8.9 per cent compared to a similar period last year to stand 33.2 per cent in the year in review.…
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Caterpillar Targets Smaller Operators With Launch Of New Cat(R) 426f2 Backhoe Loader
The rise and rise of smaller operators in the construction industry cannot be wished away. Caterpillar that has a long history in Africa, with the first dealerships on the continent starting in the mid-twenties of the 20th century is…
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