KenGen appoints Rebecca Miano as Acting Chief Executive Officer
Investment
Kenya Electricity Generating Company (KenGen) has appointed Mrs Rebecca Miano as the Acting Managing Director & Chief Executive Officer following
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Month: August 2017
Diamond Trust Bank posts a 5.3pc y/y drop in EPS
Financial Results
Diamond Trust Bank (DTB) recorded 3.41 billion shillings’ after-tax profit in the six months to June 2017 compared to 3.62
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Bank agents in Kenya moved 104Mn Transactions worth 734.2Bn in 2016
Market News
Kenyan banks recorded 30.9 percent improvement in agency banking attributed to the growth of transactions relating to payment of retirement
By David Indeje
·Kenya’s Short-term Treasury Bills under-subscribed by 94.7pc
Stock Watch
Kenya’s short term treasury bills were under-subscribed at 94.7 percent on Thursday compared to last week’s oversubscription of 144.8 percent.
By David Indeje
·Plastic bag ban outweighs commercial interests – Court
Market News
The Kenyan High Court on Friday dismissed manufacturers’ lobby application to suspend ban on plastic bags set to take effect
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Over 1,500 teams to take part in Chapa Dimba na Safaricom
Lifestyle
The Football Kenya Federation (FKF) has today announced that 1,567 teams have confirmed participation for the inaugural national Chapa Dimba
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Uber Unveils a Multi Destination Feature on their App
Technology
Uber Kenya on Friday unveiled Multi Destinations, a new feature that makes it easy for riders to add multiple stops
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Performance of the Commodity Market in Kenya.
Commodity Watch
A 90-kilogram bag of Sorghum was being retailed at a market price of 6,300 shillings in Eldoret and 3,150 shillings
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M-Pesa Services Set to be Disrupted for Upgrade Purposes
Market News
All M-Pesa services are set to be unavailable for a period of four hours on Sunday, 27th August 2017 due
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Tourism stakeholders react to sector’s performance post elections
Tourism
With diminutive effect from the elections anxiety, Kenya’s tourism sector has withstood the pressures of uncertainties that resulted to some
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