24 August 2022
- KCB Group has posted a 27.5 per cent rise in half-year profit to Ksh.19.5 billion at the end of June compared to Ksh.15.3 billion previously.
24 August 2022
- Safaricom has appointed AT&T director of IoT technologies Cynthia Karuri-Kropac as the new Chief Enterprise Business Officer effective September 1.
24 August 2022
- This unassuming entrepreneur from Benin has created an alternative to chemical fertilizers that most farmers use in Africa. He is the CEO of AGRECO Sarl and at 22, is looking to expand his company creating impact across West Africa. THE RISE IN FOOD…
24 August 2022
- KCB Group PLC has reported net earnings of Ksh19.6 billion for the six months ending June 30, 2022, a 28.4 percent rise from a similar period in 2021. The growth from Ksh15.3 billion was driven by improvement in both the funded and non-funded income…
24 August 2022
- NAIROBI, Kenya August 24 — KCB Group has posted a Sh19.6billion half-year profit, marking a 28.4 per cent growth from Sh15.3billion posted in the same period last year driven by improvement in non-funded and funded income. Additionally, the…
24 August 2022
- The expansion of the Eastern Bypass into a dual carriageway is 86 percent complete, with the Chinese contractor expected to finish the job in January 2023.
24 August 2022
- Three hundred DStv fans of HBO’s popular Game of Thrones series were treated to a private invite-only screening of the premier episode of the House of Dragons sequel at Westgate Cinemas in Nairobi on the night of Monday 22, 2022 following the global…
24 August 2022
- He has served as a Judge of the Court of Appeal of Kenya, the East African Court of Justice (Appellate Division) and the High Court of Kenya.
24 August 2022
- "OFGEN Limited, the target undertaking, is a company incorporated in Kenya. OFGEN is a solar energy company which provides services such as development, design, procurement, construction, operation, and maintenance of photovoltaic systems for…
24 August 2022
- Exchange Rate Performance USD|KES: KES weakened 0.07 percent to close at 119.80 (-5.89 percent year-to-date). GBP|KES: KES strengthened 0.17 percent to close at 141.21 (+7.13 percent year-to-date). EUR|KES: KES strengthened 0.49 percent to close at…
24 August 2022
- NAIROBI, Kenya August 24 — National Bank of Kenya (NBK) has reported a Sh729million net profit in the first half of 2022 up from Sh765million posted over a similar period in 2021. Whereas the Bank reported remarkable growth in total operating income…
24 August 2022
- KCB Group PLC reported net earnings of KShs.19.6 billion for the six months ending June 30, 2022, a 28.4% rise from last year. The growth from KShs.15.3 billion was driven by improvement in both the funded and non-funded income streams. Additionally…
24 August 2022
- NAIROBI, Kenya August 24 — Digital SME marketplace Solv Kenya has signed a pact with Standard Chartered bank to enable MSMEs to access supply chain financing at an affordable rate. The partnership which will last for three months will allow buyers…
24 August 2022
- Customers purchasing DStv installations for their commercial establishments have been urged to always strive for quality of both product and installation services. Using an accredited installer makes a major difference between enjoying picture…
24 August 2022
- Lucky you if you were born already knowing what the meaning of your life is. For the rest of us, the search can be difficult and frustrating. But at least we know that it must begin from somewhere. Purpose! Life can be seen as a nautilus that adds…
24 August 2022
- NAIROBI, Kenya August 24 – German manufacturer Stihl has injected Sh500milion into its new Nairobi hub in a bid to support small-scale farmers acquire farming equipment in Kenya and East Africa at large. The manufacturer of various agro equipment and…
24 August 2022
- We give things names to assign meaning to them and to identify them. We name people, places, and things, and there are all sorts of conventions and traditions associated with giving names. There are a lot of things out there with strange names that…
24 August 2022
- Beijing, China August 24 — The China-Africa Business Council (CABC) released a new report about China’s investments in African countries on Tuesday and said the two sides have made great strides in all-around, multi-level and wide-ranging cooperation…
24 August 2022
- South Africa’s headline consumer inflation jumped to 7.8% year on year in July from 7.4% in June, data from Statistics South Africa shows.
24 August 2022
- Alphabet Inc launched Google Wallet in South Africa on Tuesday, as the tech giant tries to gain a foothold in the country's rapidly growing digital payments space.
24 August 2022
- Another crypto lender is fending off forced liquidations, and more firms laid off hundreds of workers this week—marking the latest casualties of a bear market that continues to leave a path of destruction in the digital currency sector. Fears of…
24 August 2022
- National carrier Kenya Airways (KQ) has trimmed its half year loss to June by 14 per cent to Ksh.9.9 billion from Ksh.11.5 billion at the same time last year.
24 August 2022
- The Nigerian government spends an average of $43.8 million daily on petrol subsidies despite expending 118% of its revenue on debt servicing.
24 August 2022
- China, Africa’s largest bilateral lender has unveiled a minor debt relief package for 17 African countries, writing off 23 interest-free loans that came due
24 August 2022
- Colombo, Sri Lanka August 24 — Sri Lanka tightened import restrictions Wednesday with a ban on more than 300 additional items, as an economic crisis that has created months of shortages and toppled a president refuses to abate. President Ranil…
24 August 2022
- Unless you run broke, it’s very easy to look down on a broke person and question their decisions. From the outside looking in, the solution could be as simple as ‘why doesn’t he/she cut back on some spending?’
24 August 2022
- The World Bank has granted $300 million to Mozambique in a deal that marks the resumption of its support to the country, six years after it suspended aid
24 August 2022
- NAIROBI, Kenya August 24 — The Competition Authority of Kenya(CAK) has approved the acquisition of a 35 per cent stake in solar firm OFGEN Limited by CFAO Kenya enhancing investments in renewable energy in the country. The transaction will also…
24 August 2022
- The Kenya Tea Development Agency (KTDA), earlier this week imported fertilizer worth 9 billion shillings for distribution to over 650,000 smallholder tea farmers across the country. The first consignment of the two 1.8 million metric tons of…
24 August 2022
- Equity Bank Group CEO James Mwangi said the loan growth was targeted to support clients to recover and rebuild after the Covid-19 business disruptions.
24 August 2022
- On August 19, 2022, the Kenyan High Court ruled that some of the interest and penalties imposed by the Higher Education Loans Board (HELB) are a direct contravention of the Constitution of Kenya.
24 August 2022
- 4 months to go until New Year's! You probably kicked off the year with a do’s and don’ts list to better your life but sometimes things don’t always go as planned. Whether things are going better or worse than expected, it's important to know if you'…
24 August 2022
- According to a 2020 survey by Viffa Consult, most Kenyans engage in a side hustle to help cater to their ever-increasing expenses. You're on the right track if you're planning to invest in a side hustle because a thriving side business can help…
24 August 2022
- Risks are everywhere. You can never really be certain about the outcomes of any action you take to better yourself financially. It is the degree of the blowback that varies. Some risks have the potential to expose you to financial ruin. Some you can…