Wednesday, September 26, 2018
Central Bank of Kenya

Why Kenyan Banks are less profitable

Despite top-tier banks reporting impressive results at the first quarter, the sector saw a decrease in return on assets from 2.67 percent to 2.62 percent. Profit in the quarter ended December 2017 decreased from Sh21.86...
Unga Group

American firm gets ten more days to sell offer to Unga shareholders

The twists and turns in the sale of Unga Group took on a new angle after closing date was extended by 10 days over failure to reach some shareholders. Seabord has managed to convince the...
Centum Investments

Focus shifts to value of Centum assets as firm books 67 percent profit drop

Whether the sale of GenAfrica by Investment firm Centum would have saved the company from the 67 percent drop in profit will be left to be seen over the next couple of months. Centum owns...
Trade Fair

Kenya hopes trade fair will ease EAC trade war

Kenya is planning a soft power approach to cull the trade war with Dar es Salam after the series of strong-arm tactics. The Export Promotion Council CEO Peter K.Biwott, says  Kenya’s participation in the annual Dare...