Tuskys, Suppliers, Inject Sh1.2bn to restock as business threatens to fall
Tusker Mattresses Limited said it will restock its outlets to the tune of Sh1.2 billion, a move it says will revive its business.
Tanzania is ahead of schedule
Since 2015, the Tanzanian Fifth Phase Government, under reform-minded President Dr. John Pombe Magufuli, has set an ambitious industrialization agenda in pursuit...
Samburu gets Sh36m milk processing plant
Dairy farmers in Samburu are beaming with hope after a new milk processing plant was launched in the county,
Here Is What Fund Managers Look For When Considering Where To...
Governance, good regulation, and availability of market data and prices help African fund managers decide on investing in other African markets, according...
Counties in Kenya to remain deprived of funds as Senate adjourns
County governments will wait longer to receive their share of the Sh316.5 billion after senators voted to adjourn debate on the approval...
Kenya Power gets external debt relief in cost cutting effort
Electricity distributor Kenya Power has received a debt relief from 14 foreign-based lenders as it races to cut costs and protect itself from...
Kenya expanding aviation, shipping and railway capacity
Kenya plans to modernise it´s aviation facilities to improve passenger-handling capacity to nine million, Transport and Infrastructure Cabinet Secretary James Macharia has...
Telkom Kenya secures new investor following Government deal cancellation
Telkom Kenya has secured a strategic investor shortly after the Cabinet invalidated a deal forged the previous year between the telecommunications company...
CBK aims to raise KSh 55 billion via October T-bonds
The Central Bank of Kenya (CBK) has initiated the reopening of two-year and five-year treasury bonds in early October with the goal...
Centum plans sale of real estate subsidiary
Centum Investment Company Plc plans to sell part or all of its shareholding in its property development subsidiary Centum Real Estate Limited...