Pathologists Lancet Kenya has rebranded as Cerba Lancet Kenya. This change reflects the company’s commitment to improving patient care. CEO Mwende Musunga emphasized the company’s enduring dedication to excellence. “This is a culmination of efforts on brand transformation that we began in 2023 with a key focus on evolving from a diagnostic provider to being deeply integrated into our communities,” Musunga said. “We believe that with a new look, we shall be able to reinvigorate our efforts in providing enhanced diagnostic capabilities and advancing healthcare technologies to improve patient outcomes.” Welcome to the new era of healthcare excellence!! #ANewChapter pic.twitter.com/3JWp6SH8Nn…
Author: Muindi
Absa Bank Kenya has announced a 14.8% increase in its total dividend payout to shareholders for the year ending December 31, 2023. The dividend translates to a total payout of Sh8.4 billion, reflecting the bank’s improved net profit. As a result, shareholders will receive a higher dividend per share of Sh1.55, up from Sh1.35 per share in the previous year. The bank attributed the dividend increase to its solid profit growth, reaching Sh16.4 billion in 2023. Chairman Charles Muchene emphasized the importance of sharing the bank’s success with shareholders. “Based on improved profitability, the Board has proposed a final dividend of Sh1.35 per share, bringing the total dividend in 2023…
The Champions League semi-final draw occurred on Friday, immediately following the quarter-final draw. Here’s a breakdown of the matchups, with the winners progressing to the next round: Semi-Finals Winner of Arsenal vs. Bayern Munich vs. Real Madrid vs. Manchester City Quarter-Finals (played April 9th, 10th, 16th, and 17th): Arsenal vs. Bayern Munich Real Madrid vs. Manchester City Atletico Madrid vs. Borussia Dortmund PSG vs. Barcelona Semi-Finals (played April 30th, May 1st, 7th, and 8th): The outcome of the quarter-finals will determine the specific matchups for the semi-finals. FA Cup Quarter Finals Live on Showmax Premier League (Free) Showmax Premier League…
Carbacid Investments plc, a holding company focused on carbon dioxide production through its subsidiary Carbacid (CO2) Limited, announced a 17.9% increase in net profit to Sh485.16 million for the six months ended January 2024. This growth is attributed to a 26.3% rise in sales to Sh1.08 billion, driven by expansion into new regional markets for liquid carbon dioxide in East and Southern Africa. However, the Nairobi Securities Exchange-listed firm said operating profit and expenses increased by nearly a third despite rising input costs, higher input costs, and debt servicing. “Operating cost increased by 27 per cent driven by increased costs of various inputs such as fuel, electricity and spare parts.…
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has announced significant price reductions for fuel products in their March 2024 review. EPRA said that during the period March 15 to April 14, 2024, the maximum allowed petroleum pump price for Super, Petrol, and Kerosene decreased by Ksh 7.21 per litre, Ksh 5.09 per litre, and Ksh 4.49 per litre, respectively. With the price reduction, super petrol will retail at Ksh 199.15 per litre, diesel at Ksh 190.38 per litre, and kerosene at Ksh 188.74 per litre. These prices are the national average and may vary depending on your location. Prices typically…
The ridesharing app Bolt is now available in Kinshasa, DRC, offering residents a convenient and affordable transportation option. The company is excited to revolutionise Kinshasa’s transportation landscape by offering enhanced mobility solutions that benefit drivers and customers. Laurent Koerge, Head of Expansion at Bolt, emphasised the company’s commitment to providing drivers with higher earnings per ride and ensuring competitive pricing to stimulate demand. Koerge highlighted Bolt’s steadfast dedication to prioritising driver satisfaction, believing that contented drivers translate into satisfied customers. “As Bolt sets its wheels in motion in Kinshasa, it looks forward to revolutionising the transportation landscape in the DRC,…

