Prime News Kenya

Current Business News in Kenya: Banking | Economics

Fuel prices rise in November review

The cost per litre of petrol and diesel have gone up by Sh2.38 and Sh3.11 due to higher crude costs last month, the Energy Regulatory Commission (ERC) has announced in its latest price review.

Telkom appoints Mugo Kibati as CEO

Telecommunications company Telkom Kenya has appointed Mugo Kibati as its new chief executive officer, taking over from Mr Aldo Mareuse who has led the company since mid-2016.

Equity Q3 results post Sh15.8bn profit

Equity Group's net profit has increased by eight per cent to Sh15.8 billion in the third quarter ending September 30, the bank has announced.

Telco going green, to cut on diesel use

Safaricom is in plans to completely phase out use of diesel generators to power its 4,945 sites across the country, a report from the company shows.