Faizal Ahmed

August 29, 2023 07:44 (EAT) • 2 years ago

Kenya Airways reports more than double half-year loss to Ksh.21.7B

The airline said the losses were exacerbated by the fluctuation of the Kenyan shilling against the dollar, costing it an estimated Ksh.15 billion in Forex losses.On the upside, the airline has reported an operating profit for the first time in six years.

August 15, 2023 07:22 (EAT) • 2 years ago

Gov't makes u-turn, reinstates fuel subsidy

The return of the subsidy was revealed in this month’s fuel price review by the Energy, Petroleum and Regulatory Authority (EPRA) which indicated a compensation component for the oil marketing companies.

August 02, 2023 11:51 (EAT) • 2 years ago

Eastleigh's Business Bay mall takes shape ahead of official opening

The Business Bay Square mall sits on 6.4 acres of land and has over 2000 retail outlets.

July 27, 2023 09:28 (EAT) • 2 years ago

Nairobi Expressway records over 60K users in one year, plans underway for CBD exit

The operator says they have so far registered over 120,000 Electronic toll users, with plans in place to construct an exit into the CBD.The road has however not been without its challenges, specifically the vandalism of critical infrastructure.

July 25, 2023 09:55 (EAT) • 2 years ago

Gov't to spend Ksh.25 billion on completion of Isiolo slaughterhouse

The government received Ksh.42 billion from the Afriexim Bank together with the African Finance Cooperation to fund the project.The government terms the facility as a game changer as it will export meat directly to international markets.

July 14, 2023 09:55 (EAT) • 2 years ago

KRA records Ksh.2.16 trillion in revenue collection marking 6.7% growth

According to a statement by KRA, the revenue performance was affected by the slowed domestic economic growth in 2022 which went down to 4.8 percent from 7.6 percent in 2021.

July 12, 2023 09:38 (EAT) • 2 years ago

30-member Saudi delegation in Kenya to explore investment opportunities

The projects will fall under the Energy, Agriculture, ICT, Telecommunications, Financial Services, Transport, Infrastructure, Tourism, Water, Blue Economy and Mining sectors.Some of the visiting companies included Saudi Exim Bank, Saudi Fund for Development, Tadawul, Red Sea Gateway Terminal, Seera...

July 11, 2023 09:59 (EAT) • 2 years ago

Insurance claims paid jump to Ksh.39.1 billion in Q1 - Report

IRA's January - March 2023 Claims Report indicates the industry paid about 2.4 million claims, a 14.2 % increase compared to the same period previous year that had 2.1 million claims.

July 04, 2023 08:53 (EAT) • 2 years ago

Kenyans to pay more for vehicles purchased locally

This is after the East African Community council of ministers approved an application by Kenya to raise duty on motor vehicles under the common external tariff.

June 30, 2023 06:53 (EAT) • 2 years ago

Petrol prices hit Ksh.195 as EPRA defies court order suspending Finance Act

The increase in fuel prices is expected to have a significant impact on the cost of living in the country with the rate of inflation expected to go up as a result of this.Critical sectors such as manufacturing , transport and distribution will be affected with the increase in fuel prices....

Faizal Ahmed

Kenya Airways reports more than double half-year loss to Ksh.21.7B

Gov't makes u-turn, reinstates fuel subsidy

Eastleigh's Business Bay mall takes shape ahead of official opening

Nairobi Expressway records over 60K users in one year, plans underway for CBD exit

Gov't to spend Ksh.25 billion on completion of Isiolo slaughterhouse

KRA records Ksh.2.16 trillion in revenue collection marking 6.7% growth

30-member Saudi delegation in Kenya to explore investment opportunities

Insurance claims paid jump to Ksh.39.1 billion in Q1 - Report

Kenyans to pay more for vehicles purchased locally

Petrol prices hit Ksh.195 as EPRA defies court order suspending Finance Act

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