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Ronald Owili

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Property in coast now rival Nairobi as prices soar on demand

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Increased demand for residential properties in Kenya’s coast has seen prices soar by more than 400pc with the market now rivaling properties in Nairobi...

KDC, AFC in Ksh 600M deal to support 21 ASAL counties

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The Kenya Development Corporation (KDC) has released Ksh 600 million to support livestock farmers and small enterprises in the agriculture sector in arid and...

CA moots Ksh 89B plan to construct data centre and ICT...

Communication Authority of Kenya has embarked on a four-year strategic plan that would realize construction of a data centre and ICT entrepreneurship hub at...

President Ruto to preside over KDF recruits pass out parade

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President William Ruto will later on Wednesday preside over Recruits Pass Out Parade at the Defence Forces Recruits Training School (DFRTS) in Uasin Gishu...

CIC Group shakes off insurance services losses to post Ksh 1.4B...

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CIC Insurance Group profit after tax has risen by 818pc, from Ksh 157 million to Ksh 1.4 billion at the close of last year. CIC...

CA confirms damage of two undersea cables effecting internet traffic

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Internet users in Kenya should expect slow connectivity to persist after two submarine cables suffered damages affecting internet traffic flow into the country. Communications Authority...

Equity Group net profit grows to Ksh 16B

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Equity Group has reported a 16pc growth in profit after tax to Ksh 16 billion from Ksh 12.8 billion for the first three months...

Kenya targeting China to double FDIs to $1.6B

Kenya targets to double the value of foreign direct investments to $1.6 billion this year by pitching to over 600 Chinese businesses at the...

Safaricom Group total revenue up 12.4pc to Ksh 349.4B

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Safaricom Group full year total revenue has grown by 12.4pc to stand at Ksh 349.4 billion compared to Ksh 310.9 billion the firm reported...

DRC to access $200M from IMF to strengthen reserves

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The Democratic Republic of Congo will access more than $200 million from the International Monetary Fund to build its international reserves from July this...

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