Revealed: A fifth of chief executives cut jobs Executives are also painting grim pictures for job seekers in the current second quarter of the year
Family Bank profit jumps 13pc on higher interest income Family Bank posted a net profit of Sh2.5 billion for 2023.
DTB raises dividend as profit grows to Sh6.8bn The new dividend, amounting to a total payout of Sh1.6 billion, will be distributed on June 28.
PREMIUM Kenya taps Israeli loan for upgrade of air defence Kenya is acquiring a high-tech missile defence system from Israel using a Sh1 billion loan from Tel Aviv.
PREMIUM Airtel gets Sh22bn IFC cash for Kenya, Rwanda, DRC units IFC has made Sh26.99 billion investment in Airtel Africa to fund its operations and refinance existing loans.
Omtatah challenges CA’s set mobile termination rates The regulator set the MTR to Sh0.41 per minute on November 17, 2023.
PREMIUM New Budget slashed by Sh267bn on revenue dip Parliamentary committee had earlier warned that revenue targets would be missed.
PREMIUM More than 130 parastatals to be scrapped Here's why Treasury says only 158 of the 288 parastatals that have undergone assessment to ascertain their viability will be retained.
PREMIUM Why Gathungu will conduct forensic audit on eCitizen Ms Gathungu has raised “very serious issues” on the management of e-Citizen, especially its controls.
Workers get between Sh487 and Sh2,000 salary increase The President recommended a six per cent increase in the country’s minimum pay.
PREMIUM 29 more betting firms enter Kenya despite tax measures Punitive taxation regime fails to dim the attractiveness of local punting market.
Thinning payslip, strife as workers mark Labour Day The government has been raiding formal workers' salaries to pay for its growing expenditure.
PREMIUM KDF spent Sh38m to clean cabro, windows at KICC Defence PS tasked to explain how cleaning windows alone costed Sh10 million.
