by Hope Media | Sep 2, 2021 | BUSINESS NEWS
The banking industry contributed 27 percent of all corporate taxes paid in Kenya in 2020 and 2019 even as the adverse impact of the COVID-19 pandemic caused a 12 percent overall decline in their total tax contribution in 2020 compared to 2019. A new report compiled...
by Melissa Oduor | Aug 26, 2021 | BUSINESS NEWS
Kenya Electricity Generating Company (KenGen) PLC has launched a youth empowerment program dubbed Y-Gen. The program seeks to promote career development of young employees as part of the Company’s diversity mainstreaming agenda. Launched under the slogan ‘The Future...
by Melissa Oduor | Aug 25, 2021 | BUSINESS NEWS
Kenya Electricity Generating Company PLC (KenGen) has received carbon credits from its Olkaria I, Units 4 and 5 Geothermal Power plant further solidifying the company’s lead in climate action in Africa. This brings the amount of carbon credits issued to KenGen to date...
by Melissa Oduor | Aug 11, 2021 | BUSINESS NEWS
CIC Insurance Group has posted a profit before tax of Ksh 337 Million for half year to 30th June 2021 compared to Loss before tax of Ksh 287Million for the same period last year. The strong performance was boosted by resilient growth in the topline and strong...
by Melissa Oduor | Aug 11, 2021 | BUSINESS NEWS
Eve Urban Air Mobility Solutions (“Eve”) has signed a Memorandum of Understanding (MoU) with Kenya Airways, through its fully owned subsidiary Fahari Aviation. In a statement, the two entities said the collaboration aims to develop operational models for the wide...
