Author: Muindi

KenGen, Kenya’s biggest electricity producer, reported a 9 per cent increase in profit before tax of 7.5 billion shillings for the half-year period ended December 31, 2021, from 6.9 billion shillings which were recorded during a similar period in 2020. Net revenue increased just 1.3 per cent to stand at 5.1 billion shillings from 5 billion shillings the previous half of 2020. Total revenue increased 14 per cent from 21.8 billion shillings to 24.8 billion shillings. “Income tax expense increased by 32 per cent to Sh2.34 billion from Sh1.82 billion in December 2020, reflecting the impact of corporate tax reversal…

Kenya Ports Authority (KPA) was crowned the 2021-2022 Kenya Basketball Federation (KBF) women’s Premier League champions. KPA dethroned Equity Hawks with a 70-64 in Game Four played on Sunday at Makande Gymnasium, in Mombasa to win 3-1 in the best-of-five series finals. https://twitter.com/Lynmatheka/status/1497955542354042893?s=20&t=vLlGXM10Gzq0vknqq4g_2Q “Big congratulations to the players. This is a wonderful performance mixed up with youth and experience and I am glad to be the coach of these talented and hardworking ladies.” “To lose only one match in the playoffs is an indication that this team is very strong and ready to conquer Africa. Everything we set out to…

The 53rd edition of Kenya Open Golf has received another boost from Coca-Cola with a Kshs.4 million as the championship’s official hydration partner through its premium water brand Keringet. The 53rd edition of the tournament will see over 150 golfers from various countries across the world including 16 Kenyan golfers compete for the top prize of Kshs. 224.7 million.  “It is a privilege and honour to be a part of a prestigious event on the national calendar that has a rich history that marks the start of the European Golf Tournament. As you all know Coca-Cola is a brand that…

Pay-TV service provider, Multichoice denies allegations that it is trying to demolish its proposed Kenya Offices along Oloitoktok Road, Kileleshwa contrary to the law. The proposed MultiChoice Kenya offices of which Cementers Limited was the contractor, is being demolished pursuant to Enforcement Notices issued by the County Government of Nairobi Multichoice said. The building which sits on L.R 3734/421, the company said, was condemned by the county and is supposed to be demolished due to safety concerns. “As a law-abiding citizen, MultiChoice Kenya is complying with the said Notice in cooperation with and assistance of the relevant authorities. The exercise…

The second leg of the inaugural Safaricom Golf Tour is set to tee off at the Limuru Sports Club Saturday. The first leg of the tour was held at Nanyuki Sports Club in Laikipia County two weeks ago where over 50 junior golfers took part in the tournament. Cyprian Bundi emerged top in the first leg after returning 39 Stableford points while Marion Githinji took the ladies’ top prize after posting 33 to win by one point from Dr Susan Ngure. “During our first leg in Nanyuki, we had over 100 junior and amateur golfers take to the course and…

The Football International Federation Association (FIFA) has suspended Kenya from any football participation, citing interference from a third party within its structures. “Without prejudice to any investigations by national authorities or other judicial bodies, the FIFA Council also decided to suspend the Football Kenya Federation and the Zimbabwe Football Association with immediate effect due to undue interference by a third party,” FIFA president Gianni Infantino said. “They know what needs to be done for them to be re-admitted or for the suspensions to be lifted.” In November 2021, the Ministry of Sports through Cabinet Secretary Amina Mohamed dissolved the FKF …