Kenya’s largest telecommunications company by market share, Safaricom, has reported a 14.7 percent increase in profits for the year ended March 2019 to Sh63.4 billion. According...
In an unexpected turn of events, Equity Group’s proposal to implement a Sh8.4 billion Employee Share Ownership Plan (ESOP) was ignored at the bank’s AGM on...
Even as higher costs offset a jump in revenue for Kenya Airways, the carrier still announced a Sh7.55 billion net loss for the year ended December...
Tropical Cyclone Kenneth swirled powerfully into northern Mozambique on Thursday. This is barely a month after Cyclone Idai ravaged the country, leaving death and devastation in...
Local low-cost carrier Silverstone Air is launching a new Eldoret route flying twice daily from May 31, 2019. New route In an interview with The Standard,...
The state-owned National Bank of Kenya shares rose by 25 percent after news for an offer of a buyout by KCB Group broke on Thursday afternoon....
The Consumers Federation of Kenya (COFEK) on Wednesday filed a case with the labour court challenging the implementation of the 1.5 per cent housing levy by...
Tea estate workers numbering more than 40,000 have been forced to take their leave due to declining production in factories brought on by drought in the...
Workers in the formal sector will start contributing the mandatory 1.5 per cent of their gross salaries towards the affordable housing scheme. The Kenya Revenue Authority...
An analysis of the latest data from the Communications Authority of Kenya shows that the number of Bharti Airtel subscribers has grown by nearly 70 percent...