Mr James Ndegwa, the Capital Markets Authority (CMA) board chairman. PHOTO | SALATON NJAU | NMG The tenure of billionaire businessman James Ndegwa at the Capital Markets Authority (CMA) has come to an end, bringing to a close his six-year term that was marked with conflict of interest accusations. Mr Ndegwa, who was first appointed […]
Additional Neutral Alcohol Market Checkup report is the new measurable information source added by A2Z Market Checkup. “Additional Neutral Alcohol Market is developing at a High CAGR during the conjecture time frame 2021-2027. The expanding revenue of the people in this industry is that the significant explanation behind the extension of this market”. Additional Neutral […]
Entrance to Muias Sugar Company. FILE PHOTO | NMG Mumias Sugar Company has resumed ethanol production after a factory shutdown for nearly two months following a shortage of molasses. The miller has been relying on ethanol, which is now the main revenue stream, after milling of sugar stalled over two years ago as farmers stopped […]
Closed Tuskys Wareng branch. FILE PHOTO | NMG We have been exposed to many different types of risks in Kenya on both a personal and business level. But, how do we explain the universe of risk types and risk factors in an organised way? In early 2020, many large hotels either faced imminent closure or […]
The Central Bank of Kenya has paid Sh5 billion to the government as dividend, coming at a time when various state agencies are struggling to keep afloat. This is up from Sh4 billion moved to the Consolidated Fund in 2019, even as CBK reports a 16.6 per cent drop on deposits from government institutions in […]
Times tower building in Nairobi which hosts Kenya Revenue Offices (KRA). President Uhuru Kenyatta’s grand dream of boosting the manufacturing sector to create millions of jobs for unemployed youth seems to be in shambles. And now his administration wants out of the plan to support local manufacturing firms with a mixture of tax incentives, low […]
PROFITABLE: East Africa Breweries is among the bluechip companies listed at the Nairobi Securities Exchange.Photo/File Kenya Breweries and East Africa Maltings want to generate electricity to backup supply by Kenya Power, joining manufacturers seeking independent energy sources. in a notice, the two subsidiaries of East Africa Breweries Limited said they intend to set up renewable […]
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’ […]
Investment brokers at the NSE. FILE PHOTO | NMG De-equitisation is the latest buzzword in financial markets. Its origin comes as a result of the global substantial fall off in the number of listed companies on exchanges and fewer entities going public. The bigger markets such as London (shrinkage of 707 companies over the past […]
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’ […]
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