The Standard newspaper was established in 1902 and has grown to become one of the largest and the oldest newspaper in Africa. The journey has been successful due to Standard Group’s constant response to reader needs which has been achieved through continuous innovation in the media industry while maintaining boldness in its reporting. This trend […]
Standard Group Chairman Robin Sewell. [David Gichuru/Standard] Standard Group PLC is banking on technology and strategic partnerships to create alternative revenue streams to steer the firm through the economic uncertainty arising from the Covid-19 pandemic. During the company’s 102nd Annual General Meeting held yesterday, Standard Group top leadership said the coronavirus pandemic had made it […]
The top gainer of the day on Monday at the Nairobi Securities Exchange (NSE) was Standard Group with 9.79 percent at the price of 24.10 shillings per share. Kenya Re-Insurance was the second top gainer of the day with 9.00 percent at the price of 2.18 shillings per share followed by Uchumi Supermarket with 5.71 […]
Safaricom CEO Peter Ndegwa during an interview at Standard Group headquarters in Nairobi on June 12, 2020. Business News Mr. Ndegwa said he would like to work with banks and like-minded institutions to speed up recovery of the businesses The new Safaricom Chief Executive Officer Peter Ndegwa has a plan to support small businesses bounce […]
Business Giant telco targets Ethiopia’s 100 million population which is currently only served by the State-owned Ethio Telecom. Safaricom has bid for one of the two telecommunications licences up for grabs in neighbouring Ethiopia. Ethiopia’s Communication Authority late last month invited international firms to bid for the two licences. Safaricom, which has had its sights […]
Fireworks lit up Nairobi skies Friday night as Nation Media Group (NMG) kick-started its 60th anniversary celebrations on April 26, 2019 at Nation Centre. PHOTO | SILA KIPLAGAT Safaricom has partnered with media houses in Kenya in a new innovation that will see newspapers made available to all smartphone customers in the country at KES […]
Eveready chairperson Lucy Waithaka with Group MD Jackson Mutua during the unveiling of the company’s strategic plan for 2014-17 in Nairobi on September 29, 2014. Eveready East Africa has issued a profit warning, indicating that it will be falling deeper into losses. A statement published in a local daily says earnings for the year ended […]
President Uhuru Kenyatta address from State House, Nairobi. [Standard] In an admission of the tough times ahead, President Uhuru Kenyatta proposed to cut by a half the 16 per cent VAT imposed on petroleum products, then announced a raft of austerity measures expected to save the government Sh52.6 billion this financial year. Addressing an expectant […]
A successful economy needs a financial system that moves funds from savers to borrowers. This means that those who save and lend, and those who borrow must have confidence in the financial system. ALSO READ: Rotich: Man on the spot An efficient financial system ensures that the shillings you save are used by those with […]
Ecobank Group Chairman Emmanuel Ikazoboh (sixth left) and Group Chief Executive Officer Ade Ayeyemi (fifth left) with other directors during the bank’s 30th Annual General meeting in Lomé, Togo. Three mid-tier banks have posted mixed results in their half-year earnings released yesterday. Ecobank’s half-year profits have jumped eightfold on increased foreign exchange trading and better […]
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