Risky lenders to pay higher premiums to protect depositors cash
Risky banks are set to be hit by higher insurance payments as the Depositors insurer changes its premiums model.
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Author: Newsroom
Safaricom profits grow 14 per cent to Sh55billion as Bob returns
[caption id="attachment_1404" align="aligncenter" width="800"] Safaricom CEO Bob Collymore addresses investors via video link. Says he will fly back to Nairobi as soon as doctors allow him[/caption]
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Safaricom shares toy with Sh30 as results announcement looms
With a day to go Safaricom results have moved the share price between Sh28.25 and Sh29.00.
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Kenya leads East Africa peers in access to electricity
Electricity access rate in Kenya is the highest in East Africa according to the latest report from the World Bank tracking global achievements in sustainable energy for all.
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Telkom Kenya sells 723 towers to an American firm, American Tower Corporation (ATC).
Integrated telecommunications service provider, Telkom Kenya (TKL) and global tower company, American Tower Corporation (ATC) today announced that they have reached a definitive agreement for ATC to acquire up to 723 towers from TKL in Kenya.
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Choppies lines up new stores for the region
Botswana retailer Choppies plans to launch two new stores in Kenya investing Sh243 million in capital expenses.
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UK helps close in on British tax havens
Hiding money in offshore countries is about to get harder after British territories were called upon to reveal individuals behind shell companies in the next two years.
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Seven feared dead as Kenyan soldliers on patrol attacked at Dhobley
Kenyas war against terror in Somalia continues to attract casualties at home and abroad.
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Business loans shrink by 8 percent, government borrowing up by 32 percent
The government continued hogging credit from financial institutions even as loans to the private sector shrunk at the beginning of the year.
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Tax Stamp printers in town selling new tech to battle tax evasion
Firms selling tax stamps secured inks to will be eying business when the Tax stamp forum a global event organized by Kenya Revenue Authority (KRA) and Reconnaissance opens tomorrow.
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