KenolKobil exits Congo, Tanzania with sale of units Oil marketer KenolKobil has sold its subsidiaries in Tanzania and the Democratic Republic of Congo, marking an exit from the two countries. The company said in a statement Wednesday it has disposed of all its interests in Kobil…

KenolKobil eyes higher revenue with Sh1.5bn Nairobi office block KenolKobil is set to build a Sh1.5 billion office block in Nairobi’s central business district to serve as its new headquarters besides generating rental income. The 22-storey building will be located on a one-acre parcel of land…

KRA eyes taxpayers’ bank accounts The Kenya Revenue Authority is set to link its automated taxpayers’ database to bank accounts of ordinary citizens in a move expected to smoke out thousands of tax evaders. The Sh765 million database known as Data Warehouse and Business Intelligence offers a single view…

Closing Bell: Eaagads Limited Top gainer as Liberty Kenya Holdings Declines Eaagads Limited (EGAD) was the top gainer at the NSE. It gained 9.09% to close the day at KES 36.00 which was a KES 3.00 gain in share price. Liberty Kenya Holdings (CFCI) was the top loser with a…