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Kenya’s Islamic bonds plan gets a shot in the arm
The market for Islamic bonds or Sukuk last week received a major boost when Treasury CS Henry Rotich indicated…
Kenyan government halts hiring to trim wage bill
The treasury has put breaks on employment of public servants with approval of recommendations by Salaries and…
Botswana-retailer seal first deals for Kenyan operations
Botswana retailer, Choppies supermarket has secured its first deals with unspecified high-end malls in Nairobi and…
EIB signs Sh10.45b support for East African entrepreneurs
The European Investment Bank has signed two new credit lines for East-Africa for a total of EUR 95 million (Kshs…
Stanlib’s Fahari I-REIT approves Sh0.50 dividend
STANLIB Fahari I-REIT last week approved a final dividend of 50 cents per unit after an impressive performance that…
Oman Air launches direct flights on Nairobi – Muscat route
Oman Air, the national carrier of the sultanate of Oman Wednesday has announced the launch of its new four times…
Online retailer turns to local brands for revenue growth
Online shopping mall Kilimall projects to grow its business threefold over the next two years, riding on the rising…
Total Kenya profits before tax soars to Sh3.9b
Total Kenya has announced a profit before tax of Kes3.94 billion for the year ended December 31, 2016. The growth…
Telkom Kenya upgrades Naivasha network to 3G
Telkom Kenya has upgraded its Mobile Network in Naivasha to 3G.
This is part of Telkom Kenya’s long term and…
Britam Holdings swings to full-year profit, recommends 581.5m dividend…
Diversified financial services group, Britam Holdings Monday posted a profit before tax Sh 4.2 billion for the full…