NBK Q3 profit up 142pc to Ksh 1.2B

PHOTO | Courtesy The National Bank of Kenya (NBK) profit after tax has grown by 142pc to stand at Ksh 1.2 billion in the third quarter of the year to September. The lender attributes the profit increase to prudent cost management, enhanced operational efficiency, and strategic revenue stream diversification. “We are proud of the upward…

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Ruto cancels Adani’s infrastructure deals after bribery allegations

President William Ruto. [Elvis Ogina, Standard] President William Ruto has cancelled the controversial Adani Group’s deal to take over Kenya’s energy and aviation sectors, directing the Ministries of Transport and Energy to seek alternative partners. Ruto made the announcement during his State of the Nation Address on Thursday, November 21, citing credible evidence from relevant…

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Pourquoi j’évite de parier sur les championnats africains de football sur 1win

Quand j’ai commencé à parier sur le football sur 1win, j’étais curieux de découvrir les différents championnats à travers le monde. Très vite, je me suis intéressé aux championnats africains, attiré par le dynamisme et la passion qui entourent le football sur ce continent. Cependant, après plusieurs paris, j’ai réalisé que ces compétitions présentaient des…

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William Ruto Salute the Order and Cancel All Deals Between Adani Group, JKIA and KETRACO

Adani Group's contracts with the Kenyan government have been canceled following the order of President William Ruto Ruto, in his address to the nation before the two houses of parliament on Thursday, appreciated the concerns raised about the Indian company, citing further advice from investigators. Adani's partnership with KETRACO and the Kenya Airports Authority (KAA)…

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EXPLAINED: Why long-awaited 96th Mashemeji Derby between AFC Leopards and Gor Mahia has been postponed

The clash between AFC Leopards and Gor Mahia was scheduled to take place this Sunday at the Nyayo National Stadium, but it has now been postponed. Kenya’s most iconic football clash, the Mashemeji Derby, pitting traditional rivals AFC Leopards and Gor Mahia, has been postponed indefinitely. ‘ Originally scheduled for Sunday, November 24, 2024, at…

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Ruto halts Adani’s infrastructure deals after bribery allegations

President William Ruto. [Elvis Ogina, Standard] President William Ruto has cancelled the controversial Adani Group’s deal to take over Kenya’s energy and aviation sectors, directing the Ministries of Transport and Energy to seek alternative partners. Ruto made the announcement during his State of the Nation Address on Thursday, November 21, citing credible evidence from relevant…

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BREAKING: Ruto Cancels Kenya’s Proposed Deals with Adani Group

President William Ruto has ordered the cancellation of the procurement process to expand the Jomo Kenyatta International Airport(JKIAt, which involved a proposal from India’s Adani Group. Ruto also stated that he had directed the cancellation of the controversial KETRACO deal with Adani Energies Solutions signed by the energy ministry to construct power transmission lines. Speaking…

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