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Pension funds poised for surge driven by accounting adjustments, bond valuation
Reading Time: 2 minutes Pension funds are poised to experience a surge in earnings for the financial year ending December 31, 2023, driven by […]
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NSE: Varied performance across sectors in Q4
Reading Time: < 1 minute The latest market report for Kenya reveals notable trends, with the country experiencing the highest month-on-month (MoM) increase at 10.45 […]
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Brookside lauded for bonus payouts to dairy farmers
Reading Time: < 1 minute Dairy farmers are applauding a local processor’s decision to introduce bonus payouts for delivered milk, citing it as a catalyst […]
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Carrefour’s Kenya franchisee to appeal Sh1.1b penalty
Reading Time: < 1 minute Carrefour’s franchisee in Kenya, the United Arab Emirates-based Majid al Futtaim has announced intention to appeal against the Sh1.1 billion […]
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Jumia blames deep-pocketed rivals for food business exit
Reading Time: 3 minutes E-commerce giant Jumia which announced the discontinuation of its food delivery business in all the seven African markets it operates […]
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Carrefour hit with Sh1.1b for abuse of buyer power
Reading Time: 2 minutes Competition Authority of Kenya (CAK) has imposed a penalty of Sh1.1 billion on Carrefour Kenya for abusing its buyer power […]
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State in mart with a 3-year bond, tap sale
Reading Time: 2 minutes The government has set the tone for domestic debt market for 2024, by announcing the issuance of a new three-year […]
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Doctors face new tax rates for locum pay
Reading Time: 2 minutes Kenyan doctors engaged in temporary assignments will undergo a shift in their taxation framework that could see their earnings take a […]