Friday , 28 April 2017

Category: Energy

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Kenyan diaspora sent USD161m in 2016

Kenyan diaspora sent USD161m in 2016

Latest data by WorldRemit released this week has shown that the Kenyan diaspora is the biggest sender of digital remittances to mobile accounts. Transfers to mobile money accounts ...

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EIB signs Sh10.45b support for East African entrepreneurs

EIB signs Sh10.45b support for East African entrepreneurs

The European Investment Bank has signed two new credit lines for East-Africa for a total of EUR 95 million (Kshs 10.45 billion) to be made available through Equity Bank and HFC Li ...

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Stanlib’s Fahari I-REIT approves Sh0.50 dividend

Stanlib’s Fahari I-REIT approves Sh0.50 dividend

STANLIB Fahari I-REIT last week approved a final dividend of 50 cents per unit after an impressive performance that saw the trustee record a net profit of Sh106 million for the pe ...

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Oman Air launches direct flights on Nairobi – Muscat route

Oman Air launches direct flights on Nairobi – Muscat route

  Oman Air, the national carrier of the sultanate of Oman Wednesday has announced the launch of its new four times weekly flight from Muscat to Nairobi, in an ambitious move set t ...

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Total Kenya profits before tax soars to Sh3.9b

Total Kenya profits before tax soars to Sh3.9b

Total Kenya has announced a profit before tax of Kes3.94 billion for the year ended December 31, 2016. The growth represent an increase of 50.3 percent. The rise attribute revenue ...

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Telkom Kenya upgrades Naivasha network to 3G

Telkom Kenya upgrades Naivasha network to 3G

Telkom Kenya has upgraded its Mobile Network in Naivasha to 3G. This is part of Telkom Kenya’s long term and wider network modernisation and expansion project across the country t ...

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Britam Holdings swings to full-year profit, recommends 581.5m dividend payout

Britam Holdings swings to full-year profit, recommends 581.5m dividend payout

Diversified financial services group, Britam Holdings Monday posted a profit before tax Sh 4.2 billion for the full year 2016 compared to a loss before tax of Sh 1.2 billion it re ...

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Islamic lender woo Women Owned Businesses in new plan

Islamic lender woo Women Owned Businesses in new plan

GAB has a women specific program called ‘Annisaa’ which is embedded in three pillars – Empower, Educate and Protect that which matters to women most. Annisaa offers unique and inn ...

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NIC Bank supports 50 needy but bright students

NIC Bank supports 50 needy but bright students

NIC Bank has partnered with several charitable organisations over the years to support under privileged children gain quality education. This is in line with the Bank’s citizenshi ...

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Lagos: Nigeria lauds Dangote Cement on integration policy

Lagos: Nigeria lauds Dangote Cement on integration policy

Nigerian Government Monday said that the state has attained self-sufficiency in the production of cement and is now an exporter of the commodity, lauding Dangote Cement for its le ...

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