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Kenya Power Profits

Its a light dim on Kenya Power monopoly

Kenya Power net earnings for 2018 fall 63.7 percent to 1.9 billion. Revenue grew 3.8 percent to Sh95.5 billion but was weighed down with power purchase cost which shot up 4.5 percent to Sh84.1...
Mozambique supports Kenya UN security Council Bid

Kenya’s bid for UN Security Council seat takes shape

Mozambique will support Kenya’s bid for a seat at the world top security organ, the UN security council after joint talks were held on Wednesday. Foreign Affairs and International Trade, Cabinet Secretary Monica Juma, said it...
Safricom Takes MPESA Global

The big league, Safaricom encounters rivals in global payment stage

Safaricom deal to take M-Pesa abroad and muscle global players may have attracted competition at home as international brands also eye the local market. Early in the month, the biggest telco in Kenya unveiled a...
CMA and NSE

The CMA penalized individuals and firms Sh113.4 million last year but Sh49 million was...

East African Cables limited owned by TransCentury was fined by the CMA for operating with a negative working capital and put on a monthly microscope to remedy their position. Cytonn Investments was fingered for conducting...

Good profits will not necessarily inspire a buy on stocks

Banking counters are about to release their results led by Equity Bank which posted an 8 percent rise in net profits to September from Sh14.6 billion last year to sh15.8 billion. Read also: Andrew Kairu appointed...

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