On March 28, 2018, a Boeing 787-9 Dreamliner from the Paris Charles de Gaulle Airport touched down at Nairobi’s Jomo Kenyatta International Airport (JKIA). It was Air France’s first passenger flight to Nairobi after an 18-year hiatus. The symbolism of the maiden flight for the French, who have been shopping for better deals outside Francophone […]
Isuzu East Africa chief executive Rita Kavashe. FILE PHOTO | NMG The board of the British American Tobacco (BAT) has appointed Isuzu East Africa chief executive Rita Kavashe as the new chairperson to replace George Maina who has served as director and chairperson of the company for nine years. In a public notice Tuesday, the […]
Loaders place finished cement onto the track at the Athi River Bamburi Cement yest. 24 June 09. Jack Owuor Bamburi Cement Plc almost doubled its net profit for the half year ended June 30 despite tough operating environment in the second quarter. According to financial results for the period under review, the listed cement maker’s […]
The High Court in Nairobi has thrown out a Sh600 million claim filed by a contractor against Bamburi Cement ( above ) in a row over material used in putting up a building. At the heart of the case was a six-storied apartment named Show Case Flats Serviced Apartments, situated along Kirichwa Road in Nairobi […]
Isuzu East Africa Managing Director and CEO Rita Kavashe PHOTO | LINKEDIN Isuzu East Africa Managing Director Rita Kavashe has been named as the British American Tobacco (BAT) Kenya new board chairperson. Ms Kavashe who has been serving as BAT’s non-executive director replaces George Maina who retired from the board on Monday. Rita Kavashe holds […]
Rita Kavashe, BAT chair. Isuzu East Africa Managing Director Rita Kavashe has been installed as the British American Tobacco (BAT) Kenya new board chairperson. Outgoing chair, George Maina, retired recently. “George has contributed immensely to the growth of BAT Kenya he has led the company through a period of major transformation, including overseeing the Company’s […]
Joshua Oigara is not a new name in the republic of Kenya. He is the current Managing Director (MD) and Group Chief Executive Officer (CEO) of Kenya Commercial Bank of Kenya (KCB). Since 2012, Oigara has mainly been instrumental in the growth and development of the banking sector. As a young leader, he also continues […]
Bamburi Cement’s profit after tax grew to Sh721 million for the first six months of this year, helped by a Sh508 million tax credit. The cement maker reported Sh393 million net profit in the same period last year. The credit arose from the adjustment of deferred tax liability in line with the new corporate tax […]
Bamburi cement has posted a Ksh.83 per cent profit growth to Ksh.721 million through the first half of 2020. The near double earnings acceleration is highly attributable to costs containment efforts and gains marked in the period. The firm cut its financing costs by 24 per cent to Ksh.133 million as it diversified its funds […]
Bamburi Cement’s profit after tax grew to Sh721 million for the first six months of this year, helped by a Sh508 million tax credit. The cement maker reported Sh393 million net profit in the same period last year. The credit arose from the adjustment of deferred tax liability in line with the new corporate tax […]
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