Photo collage of Spice FM Presenter Jimmy Gathu Spice FM radio presenter, Jimmy Gathu, has regretted losing a Ksh30 million deal which he attributed to a change in policies effected by the government. Speaking during an interview with Standard Digital , the veteran TV actor noted that he lost the deal years after retrenchment from […]
Civil Aviation Authority and South African officials at the launch of Airlink Airlines PHOTO BY EMMANUEL KAVUMA What you need to know: Footprint. The influence of South African businesses in Uganda can be felt anywhere, not just in a shopping mall. From banking to retail trade, telecommunications and aviation, South African businesses have had mixed […]
Union Standard Group International Limited (USG UK), the FCA-regulated business of the embattled forex broker USGFX, has reported its financial results for the fiscal year ending March 31, 2021. Despite its regulatory woes in Australia and elsewhere, USGFX disclosed solid financial metrics for its UK operations. Over the previous fiscal year, the broker saw its […]
A section of Citizen TV anchors Royal Media Services (RMS) has resumed payment of full salaries to all its staff and correspondents. In a memo signed by the Group Managing Director, Wachira Waruru, the board approved the resumption of full salaries, nearly two years after the company implemented pay cuts following the effects of the […]
The AICPA Auditing Standards Board (ASB) is proposing a new Statement on Auditing Standards (SAS) intended to improve the quality of group audits. The proposed SAS , titled Special Considerations — Audits of Group Financial Statements (Including the Work of Component Auditors and Audits of Referred-to Auditors) , seeks to strengthen the auditor’s approach to […]
Securing financing for oil projects might prove to be relatively hard because a number of financiers have been cutting back on funding fossil energy production due to climate concerns. Photo | File The extraction of oil has come at a tough time. The world is making a radical shift from fossil fuel as an energy […]
Intensive treatment for patients with Crohn’s disease showed no safety differences compared to the current standard of care, according to a trial published in the journal Gastroenterology . The findings offer some additional flexibility for treating patients with Crohn’s disease, according to Stephen Hanauer, MD , the Clifford Joseph Barborka Professor of Medicine in the […]
Autoinjector with 40mg Amgevita by Amgen (Adalimumab). Credit: Raimond Spekking / CC BY-SA 4.0 (via Wikimedia Commons) Intensive treatment for patients with Crohn’s disease showed no safety differences compared to the current standard of care, according to a trial published in the journal Gastroenterology . The findings offer some additional flexibility for treating patients with […]
KEY POINTS Equity Group was the second top mover with 997,600 shares and a market capitalization of 198.12 billion shillings while Kenya Electricity Generating Company moved 898,200 shares, a market capitalization of 26.25 billion shillings. Top Movers Safaricom PLC was the only brand at the Nairobi Securities Exchange (NSE) on Friday that ended the week […]
KEY POINTS The top loser of the day was Sameer Africa shed off 6.51 percent at the price of 2.44 shillings per share followed by TPS Eastern Africa (Serena) with a loss of 6.15 percent at the price of 12.20 shillings per share. Top Gainers The top gainer of the day at the Nairobi Securities […]
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