Sigona Golf Club in Limuru, Kiambu County, will tomorrow Saturday, April 1st, play host to Diamond Trust Bank’s (DTB) ‘Bank with us’ golf tournament. The weekend’s competition has attracted over 240 players from across the…
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Kenya Airways Boosts Cargo Capacity by Increasing Freighter Frequencies in Response to Market Demand
by Femme Staffby Femme StaffNational carrier Kenya Airways (KQ), has announced an increase in its cargo capacity by doubling its freight frequencies to seven destinations within Africa. KQ Cargo will now deploy its B737-300F freighter two times weekly to…
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Oxfam Novib partners with Goodwell investments in a EUR 20 million fund to support East African SMEs
by Femme Staffby Femme StaffOxfam Novib and Goodwell Investments are proud to announce a new EUR 20 million fund. The fund, dubbed Pepea, is supporting early-stage growth companies in East Africa by addressing the ‘missing middle’, investing in businesses that are…
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Castrol And Rubis Energy Kenya Partner To Launch Castrol Oil Lubricants In Kenya
by Femme Staffby Femme StaffCastrol and RUBiS Energy Kenya have partnered to launch Castrol oil lubricants products in Kenya. Castrol oils are readily available at the over 260 RUBiS Energy Kenya stations countrywide. Castrol has a wide range of…
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LG Electronics Urges Kenyans to Adopt Climate-Friendly Air-Condition and Home Appliances Solution
by Femme Staffby Femme StaffLG Electronics has reiterated its commitment to launching innovative air conditioning and refrigeration products that enhance the energy efficiency, reduce carbon footprint, and improve overall performance for customers. Speaking at the ongoing 2nd International Air…
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KQ registers improved revenue and forecasts sustainable recovery in 2024
by Femme Staffby Femme StaffKenya’sNational carrier, Kenya Airways PLC (KQ), has released its Full Year financial results for the year ending December 31st 2022 at a virtual investor briefing. The Group’s revenue stood at KES 117 billion, a 66%…
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Kenya Re records 15% growth in profit after tax to KES3.62 billion for full-year 2022 and increases dividend by 100% to KES 560 million
by Femme Staffby Femme StaffThe Kenya Reinsurance Corporation (Kenya Re) has today reported a profit after Tax of KES3.62B for the year ended 31 December 2022, representing a 15% growth compared to 2021 full year results of KES3.16B. The…
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Carrefour, owned and operated by Majid Al Futtaim in Kenya, has launched a self-checkout service in its Nairobi Westgate Mall store. The first-of-its-kind service in Kenya allows customers to shop and complete purchases without the…
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The Government of Tanzania intends to develop a Marine Spatial Plan to guide all economic activities within the Indian Ocean in order to reap greater benefits from a more sustainable blue economy. The Marine Spatial…
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Tatu City Completes Ksh 1Bn Final Phase Of Kijani Ridge’s Power, Water And Roads InfrastructureÂ
by Femme Staffby Femme StaffTatu City has announced the completion of the KES1billion final phase of infrastructure development for Kijani Ridge, with underground power, 24/7 water, and tarmacked roads now available throughout the entire premier residential project. 6km of…