WPP Scangroup’s founder and long-serving chief executive, Bharat Thakrar, has resigned from his position as company's chief executive officer. Mr Bharat Thakrar and his Chief Finance Officer Satyabrata Das were last month suspended by the...

Absa Bank Kenya PLC posted a normalised profit after tax for the period ended December 2020 of Kes 6.5 billion a 23% decline compared to the period in 2019. The group attributed the decline to...

Shares in Asia-Pacific were largely lower on Wednesday as concerns over the prevailing pandemic. The Hang Seng index in Hong Kong was one of the biggest losers among the region’s major markets, closing 2.03% lower at...

Oil prices steadied on Wednesday, after the previous day’s slump. However, the recovery was hindered by fears of a slow recovery in demand due to the new wave of COVID-19, which has resulted in lockdowns...

The Central Bank of Kenya (CBK) on Tuesday announced the extension of the loan repayment measures put in place for bank customers whose loans were performing before 2nd March 2020, which had lapsed earlier in...