CBK to unveil new loan pricing instrument The Central Bank of Kenya will unveil a pricing mechanism that allows borrowers to compare different bank loan costs on standardised parameters, rather than on interest rates alone. The Annual Percentage Rate (APR) pricing model will further allow consumers…

Growing sales push KenGen’s net profit to Sh5.7 bn KenGen’s net profit for the six months to December has grown 15 per cent on increased sales even as higher operating and financing costs weighed down its performance. This performance would have been more impressive were it…

Mumias Sugar closed for maintenance work Mumias Sugar Company has temporarily suspended operations for urgent maintenance work.Outgoing managing director Coutts Otolo Thursday said the month-long break will enable them fix equipment which had contributed to the company’s poor performance due to inconsistency in maintenance…[…] PwC  roots for SMEs role…