Old Mutual devices new restructuring plan to limit losses, resume payment of dividends to shareholders
Old Mutual Group Chief Executive Officer Arthur Oginga said the approval marks a key milestone in strengthening the company’s financial position and enhancing its ability to deliver long-term value to shareholders.
Kenya’s Purchasing Managers Index shows despite inflation spike in June, investors are confident about post-Middle East oil economic crisis outlook
Combined, these signals led the headline PMI to rise considerably from the month of May with the latest readings indicating that operating conditions stabilized in June, following contractions in each of the past three months.
Financing and fair market featured as key factors in Kenya’s agroecology at agri-food summit in Nairobi, agri-ecologists say
Representing a network of 68 organisations working with smallholder farmers, pastoralists and fisher-folk, Mbenya believes that transforming Kenya’s food systems will require governments, financiers, researchers and the private sector to rethink how agricultural investments are made.
‘Let us wail!’ Iranians flock to slain Ayatollah Ali Khamenei’s funeral after wartime death
Thousands of US and Israeli airstrikes hit a range of military targets, energy and civilian infrastructure during weeks of war that began with the killing of Khamenei on February 28. The attacks killed more than 3,000 people in Iran, according to state media.
Pushing boundaries: How Kisumu male nail artist overcame cultural and social hang-ups to maintain steady stream of female clients
Traditionally, beauty services such as nail care have largely been viewed as women’s work. Salons have long been spaces associated with female clients and female technicians.
Oil agency report clears fears of petroleum contamination of oil wells in Kenya’s South Lokichar Basin in the north
Energy and Petroleum Regulatory Authority (EPRA) has announced that laboratory analysis of soil and water samples from the South Lokichar Oil Basin shows no evidence of petroleum contamination following its latest environmental monitoring exercise. The findings were shared during a meeting between Governor Jeremiah Lomorukai and a delegation from EPRA...
How Kenyan prison is quipping inmates with quality seed production skills to meet nationwide demand
Officials said Nyandarua Prison is the first correctional facility in Kenya to undertake potato seed propagation on such a scale, with plans to produce diverse potato varieties, beginning with white potatoes.
Civil service deputy boss reveals treated water theft in Kenya is costing government billions of dollars, poses serious health risks
Speaking during a Non-Revenue Water Management Conference dinner in Naivasha on behalf of Chief of Staff and Head of the Public Service Felix Koskei, Gathecha said the losses were felt most by ordinary Kenyans.
Tourists arriving in Kenya aboard cruise ships grosses 4,890 in 10 months as first-ever vessel from Asia docks in Mombasa with 700 visitors
Kenya Ports Authority (KPA) Managing Director William Ruto described the maiden arrival of the cruise vessel from Asia as a testament of Kenya’s growing appeal as a global cruise tourism and rising confidence in the Port of Mombasa as a strategic gateway to East Africa.
