Standard Chartered loss provision triple, profits drop 31%
Net earnings shrunk 30.6 per cent to Sh4.3 billion from Sh6.2 billion
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.
Kenya Power surviving on bank overdrafts - CS Keter
The power utility is in talks with World Bank to restructure short term loans
Co-op Bank's Q3 profits dip 10% on high loan provision
Profit after tax dropped 10 per cent to Sh9.8 billion compared to Sh10.9 billion
Manufacturers launch standards to ease goods clearance at points of entry
A baseline survey conducted by Anti-Counterfeit Authority shows the government lost Sh102.9 billion in revenue to ...
Kenya Meat Commission clears debt months after transfer to Defence
At least Sh250 million owed to livestock farmers cleared with another Sh150 million in the pipeline
Kenya could fail to repay its debt by 2025 - report
Kenya's probability of defaulting has grown to 35 per cent.
Electricity charges up by almost Sh4 on weak shilling
This effectively pushes the average price per kilowatt to almost Sh20 from Sh16 last week.
MP Shah Hospital appoints Toseef Din as new CEO
Until her appointment, she was the hospital's COO
Corona cash crunch depresses Nairobi land prices
Upper Hill has the most expensive land with an acre in the suburb going for Sh512 million
Harpic and Sanergy to up sanitisation in Mukuru and Mathare
The social enterprise has developed a circular economy approach to delivering safe sanitation services.