Revealed: A fifth of chief executives cut jobs Executives are also painting grim pictures for job seekers in the current second quarter of the year
Family Bank profit jumps 13pc on higher interest income Family Bank posted a net profit of Sh2.5 billion for 2023.
DTB raises dividend as profit grows to Sh6.8bn The new dividend, amounting to a total payout of Sh1.6 billion, will be distributed on June 28.
Crisis as counties’ pension dues hit Sh90bn Sunset years for those leaving public service bleak as amount of money yet to be remitted grows daily.
Stanbic bags lucrative Devki banking business Devki Group has been with KCB Kenya over the last 40 years.
Banks raise bad loans cover by Sh46bn as defaults soar Commercial banks take initiatives to address the rising rate of defaults.
State to audit Tullow’s Kenya oil project cash use British firm’s Kenya budget for this year is the same as that spent in 2023.
PREMIUM Epra finds 35pc of gas plants failed to meet standards The energy regulator did not indicate the sanctions, if any, that were taken against the gas plants.
PREMIUM How Kenya Airways passengers lost Sh4.3 billion on ticket expiry breach Kenya Airways customers lost Sh4.26 billion last year on failing to use their tickets within the allowed window.
PREMIUM Concern as 41pc of tea at Mombasa unsold Over 41 percent of Kenya’s tea taken to Mombasa sale in March went unsold.
Miraa export boycott call flops as prices dip 85pc per kilogramme A seven-day miraa export boycott called by farmers last week flopped Wednesday.
Firms urged to embrace innovation to boost efficiency Innovative technologies cited as the catalyst for increased productivity.
Tea growers call for collaborations to empower communities Key stakeholders urged to support large-scale tea-growing firms in empowering communities.