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Friday, August 17, 2018

How banks defy interest rate cap to rake in big profits

Equity Bank Group Chief Commercial Officer, Polycarp Igathe (left) makes remarks during the release of Equity Group Holdings Plc 2018 Half Year...

Government agencies to sign agreement KQ

L-R- Kenya Airways flight purser, Stella Keru, demonstrates the seat automation system of a Dreamliner, boeing 787 to U.S Under Secretary for...

Sugar prices shoot up by 50 per cent

Sugar on sale at a supermarket in Kisumu on August 15th 2018. Consumers have now reasons to worry as sugar shortage...

Revealed: Scandal of State vehicles sold at Sh32,000

Auditor General Edward Ouko. FILE PHOTO | NMG  The Ministry of Labour is on the...

Market projects that became costly monuments of shame

Kiratina market in Nakuru County. A rusty gate leads to a series of iron structures, struggling to remain upright. ...

Vivo slashes cost of Shell V-Power by Sh13

Motorists fuel at a Shell Petrol Station in Nairobi. FILE PHOTO | NMG  Vivo Energy...

Firms given ultimatum on standards upgrade

East African Community and Northern Corridor Development Cabinet Secretary Nominee Peter Munya during the vetting by the National Assembly Committee on...

Telkom Kenya triples Nairobi 4G sites to woo more clients

Telkom Kenya technicians working on the communication systems along Wabera Street in Nairobi on March 6, 2018. FILE PHOTO...

New data network roll-out soon

A woman surfs the web on her tablet. Facebook is looking to tap its more than five million users in Kenya. ...

Barclays Kenya sees costly splitting from UK parent

Barclays managing director Jeremy Awori. FILE PHOTO | NMG  Barclays Bank of Kenya #ticker:BBK ,...

Investors ask KTDA to stop ‘exploiting’ farmers – Mediamax Network Limited

Investors ask KTDA to stop ‘exploiting’ farmers. Photo/File Private investors have asked Kenya Tea Development Agency...

KCB edges out Equity as big 3 banks’ half-year profits rise

KCB group CEO and Managing Director Mr, Joshua Oigara (left) and KCB group chairman, Mr. Ngeny Biwott (right) KCB group half...

Jambojet adds flights to Kisumu

The budget carrier currently flies to Nairobi, Mombasa, Kisumu, Eldoret, Malindi and Ukunda. It also introduced its first regional...

Big three banks rake in Sh30b in half-year profits – Mediamax Network Limited

Zachary Ochuodho @zachuodho Kenya’s top three banks have cumulatively returned an after-tax profit of Sh30.2 billion for the half-year ending June 30. Releasing the...

Multi-billion shillings project to uplift Eldoret town

Uasin Gishu Governor Jackson Mandago leads the charge in transforming Eldoret Town. [PHOTO:PETER OCHIENG/STANDARD. Investors in the Sh207 billion special economic...

Liquid Telecom, French firm ink Kenya network deal

Liquid Telecom Kenya head of IoT stratefy Joel Muigai. PHOTO | DIANA NGILA | NMG  ...

Coffee farmers to reap big from global forum – Mediamax Network Limited

Local coffee farmers will be exposed to more lucrative opportunities as well as ink deals with leading global buyers expected to gather in...

Co-op Bank invests in govt mortgage plan

Tier one lender Co-operative Bank has approved a Sh200 million capital injection in the share capital in the government's mortgage company, Kenya Mortgage Refinance...