BUSINESS NEWS

BUSINESS BUSINESS NEWS STARTUPS

32 Year Old Lady Moving And Shaking The Steel Manufacturing Industry In Kenya

She is an engineer by passion, not by training. Wangechi Kamau, CEO Classic Steel Engineering is not your typical company founder and owner… She is Layed back and at the…

BUSINESS NEWS

You can now redeem Bonga points to invest in the NSE

Giant telco, Safaricom, and the Nairobi Securities Exchange (NSE), the principal securities exchange in Kenya have announced a new partnership to enable Kenyans to invest in stocks using their accrued…

BUSINESS NEWS

Kenya Airways’ CEO Allan Kilavuka expected to turnaround the airline

The national carrier, Kenya Airways has confirmed Allan Kilavuka, as the new Chief Executive Officer effective April 1st. He has been the airline’s acting CEO since January when the former,…

BUSINESS NEWS

Kenya Power records a 92 percent profit drop after tax

Kenya Power has recorded a 91.98 percent decline in its net profit for the financial year ended, June 2019. The company’s profit after tax fell from Sh3.27B (2018) to Sh262M…

BANKING BUSINESS NEWS FINANCES AND INVESTMENT

On Banks’ Lending Capacity: They Don’t Need Your Money

We know banks to be reservoirs which hold money. In return, they earn by charging service fees. As such, you don’t have to scratch your head trying to find a…

Majid
BUSINESS NEWS

Majid Al Futtaim adds 6th store at Galleria Mall

French retailer Carrefour will open its sixth store at Galleria Shopping Mall in July taking up space previously occupied by struggling retailer Nakumatt. Carrefour, which entered the Kenyan market in…

Multichoice Africa
BUSINESS BUSINESS NEWS

MultiChoice Africa has made two high-profile executive appointments

MultiChoice Africa has announced two high-profile executive appointments with two East Africans taking up senior leadership positions within the business. These key appointments will further strengthen the businesses strategy to…

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