Author: David Indeje

Unga Group Plc, a Kenya-based holding company involved with the manufacture and marketing of a broad range of human nutrition, animal nutrition, on Friday said its profit declined 88% to Ksh 66.2 million from Ksh.544.8 million for the year ending June 30, 2020. The firm attributed the decline to a fall in consumer demand, raw materials supply disruptions, a weakening Kenya Shilling as well as reduced travel and hotel business. According to the financial results, its revenues increased by 2% from KSh 17.9 Billion to KSh 18.3 Billion. Cash generated from operations declined from KSh 1.4 Billion to KSh 868.9…

NCBA Group Plc managing director, John Gachora on Friday assured their customers that they will have offer an efficient customer service once they complete its core banking system upgrade. He was responding to complaints from customers as a result of the upgrade.  “I never thought I would say this, but Technology is a bitch! It has dictated our customer service this week. But, the people you have believed in are there and NCBA Bank Kenya will deliver once this technology problem is resolved. Wish I did not have to say that,” he responded to Ms. Wayua Muli, Editor, Saturday Nation.…

The Kenya High Court Thursday temporarily halted the implementation of Chief Justice David Maraga’s advisory to President Uhuru Kenyatta on the dissolution of Parliament. Justice Weldon Korir issued the orders following a petition filed by Leina Konchella and Abdul Munasar who wanted the High Court to stay the advisory, saying it is subject to judicial review as an administrative act. “In the circumstances of this case, I, therefore, find the petitioners’ notice of motion dated September 23 merited. I allow it in terms of prayer so that a conservatory order issued for the preservation of the status quo of the…

Employment and Labour Court Thursday blocked the planned layoffs at Tuskys Supermarket following a petition by the Kenya Union of Commercial, Food and Allied Workers (KUCFAW). Kucfaw had moved to court seeking to bar the cash strapped retailer from declaring over 400 employees redundant in a case filed at the court under a certificate of urgency. In response, Justice Stephen Radido ordered that “Pending the hearing of the motion, interpartes and or further directions, an order, do hereby issue restraining the respondent from further declaring any redundancies unlawfully and/or unprocedurally.” The worker’s union said the redundancies go against the Collective…

Kenya says it will be allocating  Ksh 400 million shillings annually towards rhino conservation.  This is aimed at achieving an average growth rate of 5 percent. Cabinet Secretary for Tourism and Wildlife, Najib Balala, said the funds will support the recruitment of rangers and the acquisition of surveillance technology to enhance the protection of the endangered species. “Kenya is committed to reducing the mortality of rhinos and sustain gains that have been achieved to secure its future. We plan to mobilize 400 million shillings annually to recruit additional rangers to patrol rhino habitats and procure surveillance technology required to stamp…

Safaricom’s PostPay plan with no expiry offers customers bundled voice, data, and SMS with no-expiry available on a 30-day basis with any unused resources rolling over to the next month. Customers join the plan dialing *544# and select option 4 to Join PostPay or by using the MySafaricom app to do so. The revamped plans from the expired platinum plans are offered at five price points ranging from a Ksh 1,000 plan with 5GB data, 400 minutes, and unlimited SMS, to a Ksh 10,000 plan that offers unlimited data, voice, and SMS. The postpay tariff once it gets depleted, users…