• StanChart earnings up 17% to Sh8 billion

    Kenyan unit of Standard Chartered Bank net profit for 2018 grew by 17 per cent to KSh8.1 billion mainly driven by income from government securities which increased by 10% to KSh12.5 billion. Income from loans and advances slightly dropped by 3 percent to reach KSh13.1 billion. The bank’s income from interest charges...

  • Chinese group to build Sh200bn Athi River city city plans

    News Chinese group to build Sh200bn Athi River city city plans Friday, March 22, 2019 11:02 By BRIAN NGUGI Mr Bobby Kamani. FILE PHOTO | NMG  A Chinese real estate group has announced plans to build a mega city in Nairobi’s Athi River area at an estimated cost of Sh200 billion, deepening...

  • Chinese firm says Nairobi-Naivasha SGR 70% Complete

    The China Communication Construction Company says it has laid 86 kilometres out of the overall length of 120.49 km of the Nairobi-Naivasha Standard Gauge Railway, signifying a 70 per cent completion. Acting Managing Director of Kenya Railways (KR), Phillip Mainga says they expect to complete the project by May 31. “The challenge...

  • Makini takes over Kisumu’s Bhayani school

    News Makini takes over Kisumu’s Bhayani school Friday, March 22, 2019 10:01 By IVY NYAYIEKA Pupils from Makini Schools take part in a digitalised school elections at the school recently. FILE PHOTO | NMG  Makini School has taken over Bhayani Nursery and Primary School in Kisumu in an expansion drive that cements...

  • Barclays CEO orders freeze on new safe deposit boxes

    Companies Barclays CEO orders freeze on new safe deposit boxes Friday, March 22, 2019 9:44 By CHARLES MWANIKI Barclays Bank of Kenya (BBK) chief executive Jeremy Awori. FILE PHOTO | NMG  Barclays Bank Kenya #ticker:BBK has put a freeze on new safe deposit boxes services as investigations into Sh2 billion worth of...

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