Insurance firms get more time to adopt new accounting regulations
The insurance industry has been granted more time to implement new regulations meant to improve financial reporting.
By Rawlings Otini 4 years ago
Insurance firms get more time to adopt new accounting regulations
Former Steers operator now placed under receivership
The move comes after South African franchise owner, Famous Brands, took direct control of over seven outlets in Nairobi
By Rawlings Otini 4 years ago
Former Steers operator now placed under receivership
NSE suspends trading as coronavirus fears wipe out Sh240 billion
Banks were the most sold stocks as foreign investors scrambled for the exit.
By Rawlings Otini 4 years ago
NSE suspends trading as coronavirus fears wipe out Sh240 billion
Unga Group issues profit warning
Unga Group expects its earnings to fall by more than 25 per cent on the tight competition.
By Rawlings Otini 4 years ago
Unga Group issues profit warning
Companies cut spending on ads
A survey by Ipsos shows the spending on advertising dropped from Sh8.8 billion in December to Sh7.1 billion in January.
By Rawlings Otini 4 years ago
Companies cut spending on ads
Kenya’s data storage boom entices global tech giants
It is also being driven by clamours by government officials to have local data hosted domestically
By Rawlings Otini 4 years ago
Kenya’s data storage boom entices global tech giants
Kenyan loans uncertainty as Libor is dropped
The rate will be discontinued next year following an interest rate rigging scandal where banks manipulated lending rates.
By Rawlings Otini 4 years ago
Kenyan loans uncertainty as Libor is dropped
Stop the blame game and rescue debt-burdened countries, international lenders told
Economists want international lenders to help heavily indebted economies like Kenya to deal with their debt problems instead of trading accusations
By Rawlings Otini 4 years ago
Stop the blame game and rescue debt-burdened countries, international lenders told
Bond market sends Kenya slump signs
After the repeal of the interest rate cap, banks are now finding it attractive to lend to the private sector.
By Rawlings Otini 4 years ago
Bond market sends Kenya slump signs
Stock outs hit traders as coronavirus scare hurt China imports
They fear that by March or before that time, they will have run out of stock and their businesses will suffer.
By Rawlings Otini 4 years ago
Stock outs hit traders as coronavirus scare hurt China imports
Kenya mulls suspending China flights
Aviation industry regulator confirms talks are ongoing with relevant authorities, which could see total ban as Coronavirus fears spread
By Rawlings Otini 4 years ago
Kenya mulls suspending China flights
KDF to lose drone licensing powers in new proposals
The application for operating licences stood at 1,000 by end of last year
By Rawlings Otini 4 years ago
KDF to lose drone licensing powers in new proposals
Local steel plants eye higher sales as demand shoots up
Kenya spends about Sh60 billion per annum on the importation of steel from China among other countries.
By Rawlings Otini 4 years ago
Local steel plants eye higher sales as demand shoots up
Tech firms churn out most dollar billionaires
The sector’s billionaire wealth increased last year by 3.4 per cent to Sh130 trillion at a time when numbers worldwide dropped.
By Rawlings Otini 4 years ago
Tech firms churn out most dollar billionaires
State to release cash for elderly
Welfare programme includes 530,000 people over 70 years, orphans and people living with disability.
By Rawlings Otini 4 years ago
State to release cash for elderly
Banks eye mobile lenders' pie
Firms eager to grow their loan books, which had contracted for the last two years, are likely to dispense more loans.
By Rawlings Otini 4 years ago
Banks eye mobile lenders' pie
Businesses bear brunt of liquidity crunch
Fewer orders, late payments, and defaults are the key issues small businesses in Nairobi are grappling amid a biting liquidity crunch.
By Rawlings Otini 4 years ago
Businesses bear brunt of liquidity crunch
Kenya ranked top in emergency care
The six criteria for the ranking are prevent, detect, respond, health system robustness, norms and risks.
By Rawlings Otini 4 years ago
Kenya ranked top in emergency care
Kenya gears up for electric vehicles
There will also be a number of exhibitions showcasing the latest in electric vehicle technology.
By Rawlings Otini 4 years ago
Kenya gears up for electric vehicles
Mega projects pull global equipment firms to Nairobi
Opportunities offered by State’s colossal spending has major brands of construction machinery setting up shop in the capital
By Rawlings Otini 4 years ago
Mega projects pull global equipment firms to Nairobi
Truckers blame fall in new registrations on the SGR
Demand for trucking services and lorries has dropped after the Government issued orders that port cargo be transported on the new rail line
By Rawlings Otini 4 years ago
Truckers blame fall in new registrations on the SGR
Betting firms’ shutdown may cut M-Pesa revenues
Two of the biggest gambling companies have exited the country.
By Rawlings Otini 4 years ago
Betting firms’ shutdown may cut M-Pesa revenues
Milk processors book more revenue as consumption rises by 11 per cent
Kenya’s formal milk consumption rose by 11 per cent in the first quarter of 2019, in a sustained year-to-year boom, funneling huge revenues
By Rawlings Otini 4 years ago
Milk processors book more revenue as consumption rises by 11 per cent
Use less of voice calls to reduce costs, firms told
Local businesses have been advised to take advantage of the rising dominance of text messaging over voice calls to cut staff costs.
By Rawlings Otini 4 years ago
Use less of voice calls to reduce costs, firms told
Financial crimes: New unit to recover and manage ill-gotten wealth
New unit to recover and manage ill-gotten wealth
By Rawlings Otini 4 years ago
Financial crimes: New unit to recover and manage ill-gotten wealth
Tea producers mull key changes to stem falling prices and demand
Financial Standard
By Graham Kajilwa
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Ruto caught in a Catch-22 over IMF and restless Gen Z demands
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KRA's data clean-up drive now sparks privacy concerns
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By Tasmima Ibrahim Abdi
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