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Business
The Kenya Business Guide Launches Sector Brief on Agriculture
The Agriculture sector holds the key to Kenya’s economic transformation despite poor performance in recent years. The sector directly influences the livelihoods of the majority of Kenyans. To accelerate wealth creation and economic…
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“Cytonn Investments Posts Kshs 537.0 Mn In Q3 2017, A 421.4% Growth Driven By Revenue Growth Of…
In summary:Revenues grew by 127% to Kshs 2 billion for the 9 months’ period ending 30th September 2017, from Kshs 886 million for the period ending September 2016.
Strong growth in the balance sheet was driven by a 45.0% growth in the…
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Majid Al Futtaim To Open Fourth Carrefour Hypermarket In Kenya At The Junction
With the collapse of Nakumatt, its all systems go for leading shopping mall, communities, retail and leisure pioneer Majid A Futtaim who will be taking advantage of the vacuum to set up Carrefour’s fourth branch in Kenya as Joan Wambui…
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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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