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Business
Crown Paints banking on growth of the construction sector to boost its earnings
By Irene AtienoIn Summary:The listed company eyes growth in the construction sector to boost its earnings.
The construction sector was one of the hardest hit last year realizing only 7 to 8 percent growth
Product innovation will…
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Low cost airline Jambojet to launch inaugural flight to Wajir County
By KJ OdongoIn Summary:
Jambojet will commemorate four years of operation on April 1 2018, is targeting the growing domestic travel market comprising of traders, investors, government workers and employees of local and international…
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Travel and Hospitality Trends to Dominate 2018
By CW Correspondent
The year 2017 was termed as, “the year travel found its larger purpose in the world”. Though the year was marred by extreme economic and security uncertainties and instabilities across the board, from political…
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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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