Standard Chartered Bank branch on Kenyatta Avenue, Nairobi. StanChart has halved dividend to Sh7.50. PHOTO | SALATON NJAU | NATION MEDIA GROUP Standard Chartered Bank (StanChart) Kenya has joined the list of firms cutting their dividend payout after it reduced its previous offer by 50 per cent, citing the need to maintain a strong capital […]
• This follows the unveiling of a digital portal that allows customers to use their airtime to purchase and access newspapers on the go. • The initiative is part of Safaricom’s goal of enabling more businesses harness the power of the internet to meet the needs of their customers. Safaricom has partnered with Radio Africa […]
From subsidised maize to falling fuel prices and now the Covid-19-driven tax reliefs, businesses stand accused of failing to pass tax reliefs to consumers. PHOTO | FILE From subsidised maize to falling fuel prices and now the Covid-19-driven tax reliefs, businesses stand accused of failing to pass down the benefits to consumers, only counting the […]
Kenya Power managing director Bernard Ngugi. He currently sits on the firm’s board. PHOTO | FILE | NATION MEDIA GROUP Five non-executive directors of Kenya Power, representing half of the board, on Monday resigned without the electricity distributor announcing their replacement. The Nairobi Securities Exchange-listed firm said Adil Khawaja, Kairo Thuo, Wilson Kimutai Mugung’ei, Brenda […]
Berth number 21 within the port of Mombasa April 29, 2020. Mr Gikonyo’s day job involved valuations and document processing for goods imported through the port. PHOTO | FILE | NATION MEDIA GROUP Importers usually hire clearing and forwarding firms to pay and obtain document clearance from the KRA. In netting Mr Gikonyo, Ethics and […]
An M-Pesa shop. Airtel has lost 3.74 million customers on its mobile money service or 91.9 per cent of the telco’s cash transfer subscribers in the year to March, cementing M-Pesa’s market share grip. PHOTO | FILE | NATION MEDIA GROUP Airtel has lost 3.74 million customers on its mobile money service or 91.9 per […]
Safaricom headquarters on Nairobi’s Waiyaki Way. PHOTO | FILE | NATION MEDIA GROUP Safaricom has appointed its head of investor relations, Ilanna Darcy, as its new Chief Finance Officer (CFO) in an interim capacity effective July 1, 2020. Ilanna replaces Sateesh Kamath, who was promoted to the Vodafone Business CFO. The CFO position at Safaricom […]
Kenya Airways Chief Executive Allan Kilavuka. PHOTO | FILE | NATION MEDIA GROUP Nationalisation of Kenya Airways (KQ) won’t fix the financial turbulence at the airline, the management has said. The airline’s chief executive, Allan Kilavuka, told the Nation the move won’t return the national carrier to its past glory. “KQ is important, and yes, […]
Kenya Airline Pilots Association (Kalpa) wants ongoing staff layoffs, which include sacking of pilots by Kenya Airways (KQ) stopped, terming the exercise illegal. PHOTO | FILE | NATION MEDIA GROUP Kenya Airline Pilots Association (Kalpa) wants ongoing staff layoffs, which include sacking of pilots by Kenya Airways (KQ) stopped, terming the exercise illegal. The carrier […]
Nation Media Group chairman Wilfred Kiboro during the online AGM at Nation Centre on June 26, 2020. PHOTO | SILA KIPLAGAT | NATION MEDIA GROUP Group chairman Wilfred Kiboro said the business disruption brought by the pandemic had provided the company with important lessons. The group has already started an in-house content service platform with […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.