Junk assets: The State firms that are more debt than alive

Junk assets: The State firms that are more debt than alive

After helping Kenya Airways secure close to Sh80 billion in loans, the government received only Sh1 million in director fees from the cash-strapped airline in the last financial year. But this lopsided relationship is not only with the national carrier, whose financial woes were aggravated by the Covid-19 pandemic. In the 2019-20 financial year, taxpayers’ […]

Kenya: KBL Launches Sh330mn Fund to Help Bars and Eateries Bounce Back From Covid-19 Impact

Kenya: KBL Launches Sh330mn Fund to Help Bars and Eateries Bounce Back From Covid-19 Impact

Nairobi — The Kenya Breweries Limited (KBL), has announced the local launch of a global programme by Diageo, aimed at supporting the revival of bars and eateries across the country, recover from the impact occasioned by Covid-19 pandemic. Through KBL’s flagship brand, Tusker, the company will provide Kshs 330 million worth of targeted support to […]

KBL Launches Sh330mn Fund to Help Bars and Eateries Bounce Back from COVID-19 Impact

NAIROBI, Kenya, Dec 18 – The Kenya Breweries Limited (KBL), has announced the local launch of a global programme by Diageo, aimed at supporting the revival of bars and eateries across the country, recover from the impact occasioned by Covid-19 pandemic. Through KBL’s flagship brand, Tusker, the company will provide Kshs 330 million worth of […]

The skills you need to secure that dream job in UK

The skills you need to secure that dream job in UK

The new UK’s points-based post-Brexit immigration policy has lowered minimum skillset for immigrant job seekers to A-level or equivalent from degree-level under the 27-member European Union bloc. PHOTO | SHUTTERSTOCK Skilled Kenyans with experience working for British multinationals or firms with links in the UK may find it easier getting work permits in Britain under […]

Ory Okolloh Resigns As Non-Executive Director At Stanbic Bank

Ory Okolloh Resigns As Non-Executive Director At Stanbic Bank

Ms. Ory A. Okolloh has resigned as an Independent Non-Executive Director from the board of Stanbic Holdings with her resignation taking effect last Wednesday. She will remain as chair of the Stanbic Kenya Foundation board. The foundation has a mandate of catalyzing inclusive Social Economic growth and promoting Environmental/Climate awareness as avenues to create sustainable […]

Junk assets: The State firms that are more debt than alive

Junk assets: The State firms that are more debt than alive

After helping Kenya Airways secure close to Sh80 billion in loans, the government received only Sh1 million in director fees from the cash-strapped airline in the last financial year. But this lopsided relationship is not only with the national carrier, whose financial woes were aggravated by the Covid-19 pandemic. In the 2019-20 financial year, taxpayers’ […]