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KenGen doubles dividend payout after 35pc profit rise to Sh7bn
Electricity generating company KenGen has doubled its dividend to Sh0.65 per share after recording a significant increase in net profit for the year ending June 2024.
The company made a profit after tax of Sh6.79 billion for the period,…
UK data centre investment stalled by lack of electricity supply
Investment in data centers in the UK is being hampered by delays in securing electricity supplies, according to David Sleeth, chief executive of Segro, one of the country's largest commercial property developers.
Speaking to Radio…
Israeli co Armis Security raises $200m at $4.3b valuation
Israeli cybersecurity company ARMIS SECURITY Today it announced the completion of a $200 million Series D funding round, bringing its valuation to $4.3 billion. This is $900 million higher than the previous funding round…
Venice’s €5 daytripper tax misses the boat: What do locals think the overtourism solution actually…
For four months earlier this year, the Italian city of Venice piloted a system of charging extra fees for day trippers. Visitors who were not staying at an overnight accommodation had to pay 5 euros ($5.40) on certain days considered the…
Solar boom sees 355 firms get Epra licences
About 355 solar contractors, manufacturers and importers received production permits from the Energy and Petroleum Regulatory Authority (Epra) in the year to June 2024, indicating increased demand for solar services.
As electricity…
Jeremy Hunt criticises OBR for timing of review release on budget day
Former Chancellor Jeremy Hunt has criticized the Office for Budget Responsibility (OBR) for allegedly compromising its political impartiality, as it prepares to release a review that could criticize the Conservative government on…
Erykah Badu celebrated as fashion icon at CFDA Awards after years of pushing boundaries
Breadcrumb linksPMNBMN BusinessArticle writer:Associated PressBeatrice DupuyPosted on October 28, 2024 • 3 minute read You can save this article by registering for free here. Or log in if you have an account.Article contentNEW YORK (AP)…
Treasury short of NIS 30b as budget deadline nears
After two and a half months, and assuming no further delays, the 2025 state budget will be submitted to the government for approval this Thursday. Although there is little time left, the package of measures presented by…
An ultra-rare 1975 dime stashed away for decades just surfaced—and sold for a whopping $500,000
that Extremely rare dime The whereabouts of which have remained a mystery since the late 1970s, and were sold for just over $500,000.
The coin, struck by the U.S. Mint in San Francisco in 1975, depicts President Franklin Roosevelt and is…
State scales down police presence as KPSEA starts
More than 1.3 million Grade 6 learners began the Kenya Primary School Education Assessment (KPSEA) on Monday morning. Unlike during other national exams, the government has reduced police presence in classrooms.
Education Cabinet…
