Market News | Tools & Hardware Kenya 2022

Market News

  • Qatar, Kenya Discuss Bilateral Relations

    Posted on :Friday , 18th February 2022

    Undersecretary of the Ministry of Commerce and Industry H E Sultan bin Rashid Al Chapter met with Deputy Minister of Trade and Industrialization of the Republic of Kenya H E Lawrence Karanja during the latter’s current visit to Qatar.


    During the meeting, the officials touched on the bilateral relations between the 2 countries in the commercial, industrial a. . .

  • Kenya & Barbados Sign Bilateral Trade Agreements

    Posted on :Friday , 22nd October 2021

    Kenya and Barbados have signed 3 key bilateral agreements for cooperation in aviation, environmental conservation, trade and investment.


    President Uhuru Kenyatta and Prime Minister Mia Amor Mottley witnessed the signing of an air services agreement, a MoU on the development of the national botanical garden of Barbados, and another one on the establishment of a Joint Committee. . .

  • PCK Signs A Deal With Swift Lab- A Kenyan Drone Firm

    Posted on :Friday , 22nd October 2021

    Under the 3-year agreement, Swift Lab Limited, a Kenyan cargo drone company will manufacture and operate drones that can travel up to 70km and carry a payload of up to 4kg.


    “We want to invest in the production of drones, it is not only our obligation as government to invest in Kenyan technology, but we are also keen on clawing back our market position as th. . .

  • Britam Half-Year Net Earnings Rise to KSh 376.3 Million

    Posted on :Wednesday , 29th September 2021

    Britam Holdings Plc recorded a net profit of KSh 376.3 Million at the close of the 6 months ended on 30th June 2021 compared to a loss of KSh 1.6 Billion in the 1st half of last year.


    The Group also posted a pre-tax profit of KSh 647 Million at the end of 30th June 2021 compared to a pre-tax loss of KSh 2.3 Billion in H1, 2020.


    The Group's investment income. . .

  • NCBA's Half Year Profit Climbs 77% to KSh4.7 Billion

    Posted on :Wednesday , 29th September 2021

    NCBA has reported a 77 per cent increase in its half year net profit to KSh4.7 billion compared to KSh2.6 billion posted in the same period in 2020, due to increased lending activity.


    The bank's total interest income, which is the primary source of revenue, climbed by 9 per cent to KSh22.5 billion at the end of the half-year period from KSh20.7 billion in the same period last. . .


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