NSE's market cap sinks Sh90 billion in H1 2019
The plummeting of share prices has seen almost 20 counters trade below Sh5 shillings.
VICTOR AMADALA
Business WriterBIO: Victor Amadala is an award winning journalist business with more than 500 published business and human interest feature stories. He is currently a Business Writer for the Star Newspaper, third biggest paper in Kenya www.star.co.ke , handling governance, economics, market place, money matters, building and construction, agribusiness among other topics. He has previously contributed for many established print media in Kenya and abroad including the Business Daily, Standard Newspaper, Daily Nation, KBC, VG Norway, CFO South Africa, Ebano TV in Spain among others In 2014, he scooped the prestigious African Fact Checking Journalism Award in sponsored by the AFP Foundation https://africacheck.org/how-to-fact-check/the-african-fact-checking-awards/ A Thomson Reuters New Age Media fellow, Victor is extremely passionate about developmental journalism with a view of transforming social economic fabric in the continent and across borders. He holds a diploma in journalism from the Kenya Institute of Mass Communication.
Sanlam bounces back to profitability in H1 2019
Sanlam Kenya chief executive officer Patrick Tumbo said efforts to re-orient the growth strategy were pay off.
Delay costs pile on Kenya’s $5 billion Turkana oil project
A sharing formula of 70: 25: 5 ratio for national government, county and community was struck.
Family Bank net profit grows three-fold to Sh364 million
The loan book on the other hand grew by Sh 2.9 billion to hit Sh46.7 billion
Kenya spent Sh33.7 billion to repay debts in July – Treasury
The country is currently in the spotlight for its high debt appetite
Cash payment still 'King' despite digital money growth- survey
Almost 90 per cent of dependents got their money in cash, 33 per cent via mobile money.
Central Bank issues an alert on illegal forex traders
The banking regulator said those platforms are downloadable on Google Play and Apple App Store
New financial reporting template for hospitals unveiled
PSASB said the template which targets three hundred levels four and 11 levels five hospitals will improve transparency.
CMA approves Kenya’s first Green Bond for construction of hostels
The Issuer will raise the funds from only targeted sophisticated investors
I'll not hand over to new CA boss, vows Wangusi
Wangusi said he only came to know of the new CEO after she was unveiled on Thursday.