Today: Mar 17, 2025
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Business Barometer

2 months ago

Italian wine’s event returns to Nairobi

The second edition of the Gambero Rosso Top Italian Wine Roadshow in Nairobi concluded on Thursday, January 30, at the Shamba Village in Loresho. Organized by International Wine Consultants, VinPodium, and local business partner, Victoria Mulu-Munywoki, Wine Consultant, Judge and…

Leicester sign van Nistelrooy as manager

Leicester City hired Ruud van Nistelrooy as their manager on Friday following his impressive spell as interim coach at former club Manchester United, which included two wins over his new team. The 48-year-old van Nistelrooy joined on a deal until…
4 months ago

Nairobi Expressway records Sh1.2bn loss

The Nairobi Expressway has posted a loss of Sh1.2 billion between July 2023 and June 30, 2024, despite an increase in traffic and higher toll fees. Latest data from the Treasury shows the expressway generated revenue valued at Sh4.6 billion…
4 months ago

Asset firm secures CMA License for REIT Management in Kenya

Future Construkt Investment Managers Ltd, subsidiary of a Mauritius-based asset management firm, Future Construkt Africa LLC, has been granted the Real Estate Investment Trust (REIT) Manager License by the Capital Markets Authority (CMA) of Kenya to mobilize institutional capital and…
4 months ago

CBK rolls out new notes

The Central Bank of Kenya has released newly designed currency notes, which include denominations of Sh50, Sh100, Sh200, Sh500, and Sh1,000, as part of an effort to update the country’s bank notes. In a statement issued on Wednesday, November 20,…
4 months ago

KCB Group reports a Sh48.5 billion net profit

KCB Group PLC has recorded Sh45.8 billion in profit after tax for the first nine months of the year on the back of sustained revenue growth. This was a 49 per cent growth from Sh30.7 billion posted a similar period…
4 months ago

KPC Kisumu depot to increase its volume space

Energy Cabinet Secretary (CS) Opiyo Wandayi has said preparations are underway to expand the Kisumu Kenya Pipeline Corporation (KPC) depot to handle higher volumes. This comes after the operationalisation of the Kisumu oil jetty which has increased the demand for…
4 months ago

Mwendwa ahead of FKF elections as 53 delegates back Petra

In a significant boost for Team Blue, the joint ticket of Doris Petra and Nick Mwendwa has gained momentum ahead of the much-anticipated Football Kenya Federation (FKF) elections, scheduled for December 7. During a retreat in Naivasha, 53 delegates pledged…
4 months ago
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