East African Breweries Limited (EABL) Records 21% Decline in Net Profit, Reduces Dividend Payout
East African Breweries Limited (EABL) faced a 21.0% decrease in its net profit for the full year ending on June...
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Kenya’s Changing Demographics Pose Challenges for the Retirement Industry
The recently released Kenya Demographic Health Survey (KDHS) 2022, conducted by the Kenya National Bureau of Statistics (KNBS) and Ministry...
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Nairobi Women’s Hospital Founder to Acquire Majority Shareholding after Approval from Competition Authority
The Competition Authority of Kenya (CAK) has approved the shareholding changes at the Nairobi Women's Hospital (NWH), a process initiated...
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Kenya and Uganda Seek Financiers for Stalled Naivasha-Kampala Standard Gauge Railway Project
The Kenyan and Ugandan governments are actively seeking financiers for the Naivasha-Kisumu-Malaba-Kampala Standard Gauge Railway (SGR) project, which has faced...
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Court of Appeal Lifts Suspension on Finance Act 2023 After Successful Application by Government Officials
The Court of Appeal has granted an application by Cabinet Secretary (CS) National Treasury and Planning Njuguna Ndungu and Attorney...
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Government will have a Tough Time Achieving its Projected Excise Duty Target
The main sources of revenue to the government are Income Tax, Value Added Tax (VAT), and Excise duty, which account...
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FarmWorks Secures USD 4.1M in Pre-Series A Funding for Agricultural Technology Advancement
Kenyan agricultural technology startup, FarmWorks, has successfully raised USD 4.1 million in pre-Series A funding, showcasing the growing interest and...
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Salary Shock as New NSSF Deductions Affect Hundreds of Thousands of Government Workers in Kenya
Many public servants, including teachers under the Teachers Service Commission (TSC) payroll, experienced a salary shock on Wednesday as new...
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The Retail Industry in Kenya has shifted towards Convenience Stores and Mixed-Use Concepts from the Traditional Shopping Malls
Over the past decade, Kenya's retail real estate industry has undergone significant changes, influenced by various factors such as technological...
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Savannah Cement Creditors asked by the Appointed Administrator to File their Claims
Creditors are now afforded the opportunity to lodge claims against Savannah Cement, which is presently under administration due to unpaid...
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