by Hope Media | May 11, 2020 | BUSINESS NEWS, news
Carrefour has launched a month-long donation campaign in partnership with the Kenya Red-Cross to assist communities in need, with donations. The donation will consist of maize meal, rice, sugar, cooking oil and other food items, targeting...
by Melissa Oduor | May 7, 2020 | BUSINESS NEWS
Telkom has announced that it will power health tech company, Afya Rekod’s health management platform, that will facilitate COVID-19 monitoring and analysis. The Afya Rekod platform is a centralised, multilingual, intelligent health data platform, built with Artificial...
by Hope Media | May 6, 2020 | BUSINESS NEWS, news
Standard Chartered Bank has today announced the restructuring of its loan facilities worth over Ksh8 billion to support key sectors in the economy that have been affected by COVID 19. Some of the key sectors supported include Tourism & Hospitality,...
by Melissa Oduor | May 6, 2020 | BUSINESS NEWS
The proposed Crops (Tea Industry) Regulations 2020 that were recently unveiled by Agriculture Cabinet Secretary, Peter Munya, will strangle smallholder tea farmers if allowed to proceed as currently presented. According to Kenya Tea Development Agency (KTDA) lawyer,...
by Melissa Oduor | May 6, 2020 | BUSINESS NEWS
UAP Holdings Plc has recorded a loss before tax of KShs 3,229 million in 2019 compared to a loss before tax of KShs 480 million in the previous year. The decline was mainly driven by one-off fair value write-downs on the Group’s investment property portfolio due to...
