Search
Kenyan Business News
Dream on United fans, Glazers don't have to sell
Manchester United fans hoping another group can buy the Premier League champions from the Glazers can stop dreaming, said analysts and bankers.
Categories: Kenyan Business News
Online schools search site now launched
An online directory for search of information on education has been launched in the country.
Categories: Kenyan Business News
Nakumatt acquires Woolmatt Supermarkets
Nakumatt Holdings has acquired Woolmatt Supermarkets in Nairobi.
Categories: Kenyan Business News
Co-op Bank pegs growth on expansion
The Co-operative Bank of Kenya is betting on its expansion locally and regionally to lift its performance further this financial year.
Categories: Kenyan Business News
Kenya's Co-op Bank doubles its 2009 dividend
Kenya's Co-operative Bank posted a rise in pretax profit for 2009 and doubled its dividend per share to Sh0.2, the bank said on Thursday.
Categories: Kenyan Business News
National Bank profit up 20 p.c.
National Bank of Kenya has beaten the bad debts burden to return a 20 per cent 2009 full year pre-tax profit as it cleans its balance sheet ahead of privatisation.
Categories: Kenyan Business News
National Bank of Kenya's 2009 pretax climbs
National Bank of Kenya said on Thursday its pretax profit in 2009 rose to Sh2.16 billion and that it would issue bonus shares rather than resuming dividend payments.
Categories: Kenyan Business News
Sh3bn steel mill rolls off
The commissioning of the Sh3.1 billion Maisha Mabati Mills by Devki Group is the second last step towards its becoming a one-stop-shop for constructors.
Categories: Kenyan Business News
Sasini eyes Sh579m in profit
Agricultural firm Sasini on Wednesday said it hopes to boost its pre tax profit from Sh108 million to Sh579 million by 2012 following the initiation of diversification and value addition projects.
Categories: Kenyan Business News
PTA Bank gets Sh3.8bn funding
PTA Bank has received a loan facility of $50 million (Sh3.8 billion) from a consortium of international financiers for on-lending to small and medium sized corporate clients.
Categories: Kenyan Business News
Kenyan tea prices slide as higher output seen
The average price of Kenya's Broken Pekoe Ones fell to $3.75 per kg this week from $3.94 at the previous auction, brokers said on Wednesday.
Categories: Kenyan Business News
Internet set for radical change
The board of the international body that assigns internet addresses will this Friday vote on key strategic policies that will drive the future of internet.
Categories: Kenyan Business News
Fuel shortage looms as stocks held over inspection fee
Oil marketers were on Tuesday desperately groping for reprieve as Kenya Revenue Authority officials moved in to collect inspection fees before releasing fuel.
Categories: Kenyan Business News
NTV now on DStv Mobile
NTV viewers can now sample their favourite programmes on the move, after the station was linked to the DStv Mobile bouquet.
Categories: Kenyan Business News
Kenyan shilling trapped in narrow range versus dollar
The Kenyan shilling traded in a tight band against the dollar on Tuesday as inflows were slow and traders said the currency was likely to remain trapped for a few more days.
Categories: Kenyan Business News
Sony to launch 3D TVs in June, rivals Samsung
Sony Corp will launch 3D televisions in June, entering an increasingly crowded market that is betting the revolutionary TV will become the next hot product in the electronics industry.
Categories: Kenyan Business News
Toyota finds no flaw with safety electronics
Toyota Motor Corp said it had found no flaw with its throttle controls as it seeks to dismiss an external study critical of its electronic safety systems.
Categories: Kenyan Business News