The Standard Group has posted a net loss of Ksh. 61.2 million in he first half of 2021 compared to a net loss of Ksh. 306 million posted during a similar period last year. The company also recorded Ksh. 1.6 billion in revenue at the end of June this year. This is a 14% improvement […]
Standard Group CEO Orlando Lyomu speaks during the 2021 e-Commerce awards at Mövenpick Hotel, Nairobi. [Samson Wire, Standard] Supplying perishables and speedy deliveries are low-hanging fruit that e-Commerce businesses can tap into to grow and compete with global giants. And while Kenya’s online business space has been lauded as vibrant and fast-growing, the country still […]
While the entry of mobile phones came as a convenience to communication, the addition of the FM radio to the device would become the death of the physical radio as we know it. Somehow, decades later, while the number of mobile phones in the country has increased exponentially, the radio as a source of entertainment […]
Oxford University Press East Africa (OUPEA) has launched a new edition, the tenth of its Oxford Advanced Learners Dictionary (OALD). At the same time, the publisher has unveiled the fourth edition of Kamusi Sanifu Ya Kiswahili. Speaking at the launch held at a Nairobi hotel, Group Regional Director John Mwazemba said the two products have […]
•All the 12 suspects were convicted of criminal mischief or misdemeanor, computer access to information intended to commit a crime, change of computer information or network, unauthorized computer access and stealing. •They were also directed to collectively reimburse Equity Rwanda a sum total of 56,525,439 Rwandan Francs (equivalent to Sh6 million) for expenses related to […]
Images of the eight suspects who have been jailed for eight years in Rwanda for cybercrime related offences. PIC: COURTESY Eight Kenyans who were among twelve people arrested in Rwanda for attempting to hack into Equity Bank, Rwanda clients’ accounts have been jailed. The eight, according to the Rwanda Investigative Bureau (RIB) were found guilty […]
•All the 12 suspects were convicted of criminal mischief or misdemeanor, computer access to information intended to commit a crime, change of computer information or network, unauthorized computer access and stealing. •They were also directed to collectively reimburse Equity Rwanda a sum total of 56,525,439 Rwandan Francs (equivalent to Sh6 million) for expenses related to […]
Images of the eight suspects who have been jailed for eight years in Rwanda for cybercrime related offences. PIC: COURTESY Eight Kenyans who were among twelve people arrested in Rwanda for attempting to hack into Equity Bank, Rwanda clients’ accounts have been jailed. The eight, according to the Rwanda Investigative Bureau (RIB) were found guilty […]
(From left) PWC auditor Brian Ngunjiri, SG Secretary Millicent Ng’etich, Group CEO Orlando Lyomu, Vice-Chair Dr. Julius Kipngetich, and CFO Joseph Kiruri during virtual AGM at the Standard Group offices in Nairobi on June 22, 2021. [Denish Ochieng, Standard] The Standard Group Plc’s medium-term strategy dubbed Project Eagle has started bearing fruit, with the company’s […]
It was a terrible last week for chief executive officers of listed companies some having to pose before cameras to reveal losses in billions of shillings offering a glimpse into the gravity of Covid-19 on corporate Kenya. As companies rushed to beat the April 30 reporting deadline, it emerged that corporate Kenya has booked losses […]
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