Month: May 2022
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Politics
Guinea opens judicial probe into ex-president Conde
Guinea has opened a judicial probe into former president Alpha Conde for murder and other crimes. Guinea said on May…
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Corporate
Equity Bank Q1 net profit up 36% to Ksh.11.8 billion
Equity Bank’s net profit surged by 36 percent to Ksh.11.8 billion in the first quarter of 2022 from Ksh.8.7 billion…
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Markets
M-Pesa revenue hits record Ksh.100 billion mark 15 years on
Safaricom’s mobile money wallet, M-Pesa hit a Ksh.100 billion mark in revenue, to stand out as the telco’s top revenue…
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Politics
President Kenyatta meets DP Ruto at State House for a Cabinet meeting after 15 months
President Uhuru Kenyatta and his deputy William Ruto met on Thursday at State House Nairobi during a Cabinet meeting. “His…
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Corporate
CCI Global to employ 4,000 Kenyans with new office at Tatu City
CCI Global, the largest international contact centre operator in Africa, will open a state-of-the-art office at Tatu City. The gesture…
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Commodities
Uganda rules out fuel subsidy as pump price jumps 19%
Uganda won’t introduce fuel subsidies, said interim director at Finance Ministry Moses Kaggwa, even after pump prices spiked following supply…
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Corporate
Serena Hotels narrows profit loss to Ksh.632 million from Ksh.1.2 billion
Serena Hotels profits plunged 47.6 percent drop to Ksh.632 million for the full year results ended December 31, 2021, from…
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Corporate
Sanlam postpones release of 2021 financial results
Sanlam Kenya has postponed the release of its 2021 full year results ended April 30, contrary to the Capital Markets…
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Corporate
Safaricom to roll out commercial operation in Ethiopia with 300 local employees
Safaricom is set to launch commercial operations in Ethiopia this year as part of the company’s regional expansion efforts to…
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News
Safaricom profit down 1.7% to Ksh.67.49 billion
Safaricom’s net profit plunged 1.7 percent to Ksh.67.49 billion in full-year results ended March 31, 2022, from Ksh.68.67 billion in…
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