The Kenya Pipeline Company (KPC) has recorded a Sh10 billion profit before tax for the financial year ending June 30, 2024, marking a 32 percent increase from Sh7.6 billion in …
Business
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BusinessNews
Bomet County and Tenwek Hospital Sign MOU to Boost Healthcare Services
by Editorby EditorIn a significant step toward enhancing healthcare delivery, Bomet County’s Longisa County Referral Hospital has signed a Memorandum of Understanding (MOU) with AGC Tenwek Hospital, a leading faith-based institution celebrated …
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KCB Group has posted a remarkable 66.1 percent increase in its full-year profit for 2024, reaching KSh60 billion compared to KSh36.1 billion a year earlier. This impressive growth, driven by …
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BusinessEventsNewsPolitics
Kenya’s 2025/2026 Budget, Major Cuts and Strategic Allocations
by Editorby EditorKenya’s 2025/2026 fiscal year budget has sparked debate following significant funding reallocations across various sectors. The Liaison Committee’s recommendations, tabled in Parliament, outline increased spending in some areas while slashing …
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A new survey has revealed that only 5 percent of Kenyans never experience financial stress, highlighting the widespread economic pressures affecting households. The Tala 2025 MoneyMarch report found that while …
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Kenya Electricity Generating Company (KenGen) has disbursed KSh 3 billion in dividends to the National Treasury for the financial year ending June 30, 2024. This follows a strong financial performance …
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BusinessNews
Tatu City’s Logistics Park Launch Signals Surge in Foreign Investment
by Editorby EditorKenya’s commitment to creating a conducive business environment continues to draw major investors, leading to increased economic opportunities and job creation, according to Kenya Investments Authority (KenInvest) CEO John Mwendwa. …
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BusinessNews
KPA Delivers Record Sh10.6 Billion Dividend Amidst Strong Financial Performance
by Editorby EditorThe Kenya Ports Authority (KPA) has posted a remarkable financial performance for the 2023/2024 Financial Year, culminating in a record dividend payout of Sh10.6 billion to the National Treasury. This …