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...
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...
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.
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Andrew Kairu appointed...
Telkom Kenya to sack 500 staff in another painful retrenchment exercise
Telkom Kenya has today issued the requisite thirty-day notice to relevant authorities and company stakeholders, of an intended workforce-restructuring exercise. In the statutory notice to the Ministry of Labour, Telkom Kenya has indicated that...
