Maudhui House

The Banking sector will drive the Nairobi Securities Exchange market in terms of earnings and dividends over the next five years. Egyptian investment firm EFG Hermes Holding says banks will grow their loans by up to 19.2 percent in the next five years after the rate cap was removed in November. The banks will also ride on an 8.4 percent increase...

The founders of Safaricom were an ambitious bunch. From an initial investment of only USD 25 Million and with only 17,000 not-so-happy customers inherited from Telkom Kenya 19years ago, the company has morphed into the largest & most profitable business in Eastern Africa - controlling half of the capitalization of the NSE at a whooping Sh1.14 trillion in value for shareholders. The telco’s market value is...

Poverty in most developing nations has a female face. Kenya is no exception.  In a country where adding economic value involves muscle power, women – especially those living in lower-income settlements are bound to limited opportunities, under-representation in decision-making processes at all levels and are likely to earn less than their male counterparts at work. Related Story: A financial lift has...

For some time now there has been uncertainty on when Modern Coast Bus Services could resume operation after the suspension of its Road Service Licence following the fatal accident on 12th December that left seven people dead. Read also: Chicken tops jumia food orders And as is the case with many Kenyans during the holiday season, traveling becomes the norm. Stranded...

The past week has been awful for merchants in Kaloleni, Kilifi County. Ongoing road constructions on their usual route to Mombasa town, coupled with thorough NTSA inspections at almost every kilometer are forcing matatus ferrying residents to use a longer 70Km route marred by steep valleys and sharp rocks.  “It’s quite a hectic experience, I am tired,” said Elizabeth Mae, a resident of M’bungoni...

The threat of a global pandemic is rising again. The Democratic Republic of the Congo (DRC) is grappling with the world’s second-largest Ebola epidemic on record, with more than 3100 confirmed infections and about 2100 lives lost according to figures by the World Health Organization (WHO). Such infectious diseases are becoming more common and have been setting global health agencies on...