Clik here to view.
Total Motorshow eyes crowd record
NAIROBI, Kenya, Aug 24 – The Total Motorshow is anticipating doubling the number of visitors in this year’s edition set to be held from September 11 to 13. The show which is the biggest motor expo in...
View ArticleClik here to view.
TPS Serena to get Sh2.1bn loan for capital expenditure
Investments in other Serena properties in Kenya will continue to be implemented on an ongoing basis/FILENAIROBI, Kenya Aug 25 – TPS Serena is set to receive a Sh2.1 billion ($20 million) loan facility...
View ArticleClik here to view.
Tracks for SGR to start being laid this year
The Manager for External Relations and Cooperation, the SGR project Julius Li says the plans are on course since clearing of the earth is almost halfway completed/FILENAIROBI, Kenya, Aug 25 – The China...
View ArticleClik here to view.
Kipngetich leaves Equity to head struggling Uchumi
Kipngetich has been the Chief Operating Officer at Equity Bank since 2012 and previously headed the Kenya Wildlife Services for eight years/FILENAIROBI, Kenya Aug 26 – Uchumi Supermarkets has appointed...
View ArticleClik here to view.
Kenyans facing grim retirement – study
NAIROBI, Kenya, Aug 26 – Only five percent of Kenyans are expected to be financially independent in retirement and even fewer will live comfortably, a new survey by Alexander Forbes has shown. The...
View ArticleClik here to view.
Express Kenya, Home Afrika make H1 losses in 2015
The management attributes the loss to the economic downturn that has negatively affected the transport sector/FILENAIROBI, Kenya, Aug 27 – Logistics firm Express Kenya is anticipating to make a loss in...
View ArticleClik here to view.
Britam posts 77pc drop in 2015 H1 net profit to Sh624mn
The firm says the performance of the market negatively impacted on the fair value of financial assets/fileNAIROBI, Kenya, Aug 28 – British American Investments (Britam) has posted a 77 percent decline...
View ArticleClik here to view.
Standard Group issues profit warning for 2015 FY
NAIROBI, Kenya, Aug 28 – The Standard Group has issued a profit warning for full year ending December 2015. “The Board of Directors anticipate that the financial results for the year ending 31 December...
View ArticleClik here to view.
Expert predicts tough times for listed companies
Speaking to Capital FM Business, Kangogo says the US Federal Reserve has plans on increasing the interest rates in September triggering a capital flight from emerging markets back to the...
View ArticleClik here to view.
Standard Group posts 90pc H1 profit drop to Sh21mn
The management has faulted the digital migration for the decline/FILENAIROBI, Kenya, Aug 31 – The Standard Group has posted a 90 percent drop in its 2015 half year pre-tax profit to Sh21 million down...
View ArticleClik here to view.
KATO to create 4 county tour operator hubs
Speaking during the Kenya Tourism Federation (KTF) single tourist visa awareness programme in Kisumu, KATO Chief Executive Fred Kaigua says that the hubs will be in Kisumu, Nakuru, Nanyuki and...
View ArticleClik here to view.
UAP counts losses as Uchumi issues profit warning for 2015
NAIROBI, Kenya, Sep 1 – UAP Holdings has posted a Sh449 million net loss in its 2015 half year results compared to Sh53.8 million net profit recorded over the same period in 2014. The loss was mainly...
View ArticleClik here to view.
Capital FM website ranks top in Twitter mentions
Combining both radio and website, Capital FM Kenya has been named among the top 10 most visible brands on Twitter. NAIROBI, Kenya, Sep 1 – The Capital FM website has been ranked the best digital...
View ArticleClik here to view.
Home Afrika fires Nganga amidst losses
Prior to joining Home Afrika, Njoroge worked in Uganda for the Housing Finance Bank as the general manager strategy and investor services/FILENAIROBI, Kenya, Sep 2 – Listed real estate firm Home Afrika...
View ArticleClik here to view.
Jamii Bora Bank kicks off Sh400mn office construction
Speaking at the ground-breaking ceremony, CEO Sam Kimani said the bank will spend an estimated Sh250 million to erect the building and about Sh150 million on finishings. Photo/ COURTESY NAIROBI, Kenya,...
View ArticleClik here to view.
Counterfeit Authority urged to step up fight against fakes
General Motors Chief Executive Rita Kavashe says 50 percent of all imported spare parts in the country are counterfeited putting motorists at risk/FILENAIROBI, Kenya, Sep 3 – Motor companies are urging...
View ArticleClik here to view.
Kenya Airways, KTB in pact to market the country
On his part KQ chief executive Mbuvi Ngunze says partnering with KTB enables the airline leverage on KTB’s global marketing platform to increase the number of tourists flying the airline to and from...
View ArticleClik here to view.
Getting candid with Myspace Properties CEO Mwenda Thuranira
Mwenda Thuranira, CEO, Myspace Properties NAIROBI, Kenya Sep 4 – Meet the 38-year-old Mombasa-based Real Estate master Mwenda Thuranira, the CEO and Founder of Myspace Properties. Myspace Properties...
View ArticleClik here to view.
Kenya partners with US travel agents to spur visits
Together with the ASTA, Kenya is undertaking a series of meetings with the travel agents in the US who are selling tours to Kenya/FILENAIROBI, Kenya, Sep 4 – Kenya has partnered with the American...
View ArticleClik here to view.
Chase Bank, ATI in pact to support SMEs
Iman Hussein Chase Bank Kenya General Manager of SME & Islamic Banking looks on as ATI’s Head Underwriter Responsible for Kenya Reene Kariuki/COURTESYNAIROBI, Kenya, Sep 7 – Chase Bank Kenya has...
View Article