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Kenyan executives drop the colonial suits for hip look
Summon the top male executives in Kenya today for an impromptu meeting and you will come up with one quick conclusion — the corporate look that colonialists impressed upon our grandfathers has undergone a dramatic shift. — Read More
Tycoon Isaac Wanjohi faces bankruptcy in Sh117m fight with Acorn
Real estate juggernaut Acorn Properties has filed a notice with the High Court, intending to initiate bankruptcy proceedings against former Kenya Airports Authority Board member Isaac Wanjohi, his wife Isabella Nyaguthi and their Gumba Investments.?— Read More
KCB skips dividend payout for the first time in 21 years
KCB Group shareholders will not receive dividends for the first time in 21 years due to an 8.3 percent decrease in net profit to Sh37.46 billion in 2023, down from Sh40.83 billion in 2022. The board opted to retain capital, especially for KCB Bank Kenya. — Read More
Treasury spends Sh560bn on debt service in two months
The government spent more than half a trillion shillings to service debts in the first two months of this year, even as it remains with a larger burden of repaying more than Sh700 billion in the four months to June. — Read More
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Co-op Bank maintains Sh8.8bn dividend as profit rises 5pc
Co-operative Bank Group Managing Director Gideon Muriuki says performance has led to a sustained increase in shareholder value as reflected in the competitive return on equity of 21 percent. — Read More
KRA in tough race to collect Sh1.1 trillion in four months
The taxman has the?daunting task of raising an average of Sh280 billion monthly over the next four months to meet its Sh2.5 trillion target for the current financial year ending in June. — Read More
Kenya Airways resumes Nairobi-Eldoret flights
KQ will on Monday re-introduce passenger flights on the Nairobi-Eldoret route after a 10-year break, fueling competition on the route that is also served by carriers such as Skyward Express. — Read More
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