KenGen Board recommends dividend payout of Ksh 1.65B

The Board of the Kenya Electricity Generating Company PLC (KenGen) has recommended dividend payout of Ksh 1.65 billion for its shareholders for the year ended June 30th, 2019. While releasing the company’s audited results for...

Railway revival to boost counties economy says Kimemia

Nyandarua Governor Francis Kimemia has applauded the commencement of the long awaited rehabilitation of the 78 kilometers railway line connecting Gilgil–Nyahururu town noting it was a major boost to the economy of the region. According...
Nairobi Securities Exchange (NSE)

New CMA rules to ease entry on securities exchange

The Capital Markets Authority plans to publish the new Public Offers Listing and Disclosures Regulations in June in a bid to unlock additional entries on the Nairobi Securities Exchange.  CMA says the team made up...
realme

realme smartphone brand launches in Kenya

realme, a smartphone brand Thursday announced its official entry into the Kenyan market as part of the brand’s global growth and expansion strategy.  The company, whose operations in both high-end and mid-range smartphones begun mid-2018 recognizes Kenya’s...
Nairobi Securities Exchange (NSE)

CMA blames COVID-19 for reduced performance on NSE

The Kenyan capital markets recorded depressed activities in the second quarter of this year on the impact of COVID-19. Latest data from the Capital Markets Authority indicates that all the four markets recorded reduced...
Milk prices

State to block importation of cheap milk to cushion farmers 

The government is revising laws to block importation of cheap milk to cushion Kenyan producers. Principal Secretary for Trade and Industrialization Amb. Johnson Weru has said the move, that will see the revocation of Kenya...
price super petrol increases with ksh 5.77

Marketers risk jail time for hoarding petroleum products

Energy Petroleum Regulatory Authority- EPRA has warned oil marketers against creating artificial fuel shortage by holding back stocks in anticipation of a rise in maximum pump prices in Sunday's review. In a statement, the regulatory...

Kirinyaga governor calls for guaranteed coffee prices for farmers

Kirinyaga County Governor Anne Waiguru has called for guaranteed coffee prices for coffee farmers. The governor who was addressing a meeting between Agriculture Cabinet Secretary Peter Munya and representatives of all the 15 Coffee Cooperative...
KTDA to pay small holder tea farmers 649 million

KTDA gives farmers Kshs 649M in dividends from non-tea profits

The Kenya Tea Development Agency has released Kshs 649 million as dividends from profits made by its subsidiaries to be distributed to smallholder farmers affiliated to its managed factories for the financial year ending...

Local industries upscaling production of personal protective equipment

The government has committed to support local producers of personal protective equipment to ensure they reach all parts of the country in the wake of the Coronavirus outbreak. Speaking during a tour of various industries...
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