Wednesday, November 13, 2019

Kenya Airways reports a 7.5 billion net loss

Kenya Airways has reported a net loss of 7.5 billion in profits as the company announced its 2018 financial year performance.

Safaricom customers can now reverse call cost to receivers

Communication giants Safaricom has introduced a reverse call where callers will be able to transfer the cost to the receiver by adding...

Kenya Power relocates its Eldoret and Ukunda offices

Kenya Power has relocated its commercial offices in Eldoret and Ukunda as revealed by the company itself. The company which...

Isuzu East Africa launch BRT buses(photos)

Isuzu East Africa has launched the long awaited high capacity buses that will be plying the Nairobi Roads.

EABL threatens to raise its prices if Treasury increase tax

East African Breweries Limited has threatened to increase prices of its products if the Treasury threatens to increase cooperate tax. Speaking...

Mr Ngigi resigns as Longhorn Publishers MD

Longhorn Publishers have appointed Mr. Maxwell Wahome as the Acting Group Managing Director effective immediately.

Safaricom roll out an overdraft facility

Telcom giants Safaricom have introduced an overdraft facility days after they reported a half year profit before tax of Ksh 31.5 billion.

Spectre International set for auctioning to repay debt

Spectre International a company associated with opposition leader Raila Odinga is set to be auctioned to recover a huge debt.

Safaricom announce a 14.7% increase in net profit

Kenyan telecom giants Safaricom has announced a 14.7% increase in net profits and 7% top-line growth during their 2019 full year results.

James Mburu takes over from John Njiraini as KRA commissioner

Treasury Cabinet Secretary (CS) Henry Rotich has announced the appointment of James Githii Mburu as the new Kenya Revenue Authority (KRA) commissioner.