Month: May 2022
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Corporate
Metro Trans inks a Ksh.398 million deal with National Bank for 80 new busses
Metro Trans East Africa in partnership with the National Bank of Kenya unveiled a new fleet of 25 buses that…
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Corporate
Co-Op Bank 2022 Q1 up 56% to Ksh.5.8 billion
Co-operative Bank of Kenya’s net profits grew to Ksh.5.8 billion for the first three months of 2022 ending March 31.…
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Corporate
Family Bank secures Ksh.1.95 billion for SMEs targeting education sector
Family Bank has secured a total of Ksh.1.98 billion, from BlueOrchard Finance Ltd (BlueOrchard) managed funds to extend to the…
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Corporate
EFG 2022 Q1 profit up 18% to Ksh.2.1 billion
An investment bank franchise in Frontier Emerging Markets (FEM), EFG Hermes Holding, has recorded an 18 percent net profit of…
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Corporate
Absa Bank Kenya 2022 Q1 profit up 22% profit to Ksh.3 billion
Absa Bank Kenya posted a 22 percent jump in its 2022 quarter one net profit to Ksh.3 billion from Ksh.2.4…
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Corporate
National Bank Q1 revenue grew by 72% to Ksh.395 million
National Bank of Kenya (NBK) has recorded a profit after tax of Ksh.395 million for the quarter ending March 31,…
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Economy
New Ksh.2 billion steel factory in Kisumu to employ 600 youth starting June
A new Ksh.2 billion steel factory in Kisumu is set to start manufacturing work this June and will employ more…
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News
Lobby groups warn of food crisis in coming days should govt fail to intervene
Kenya’s manufacturers have expressed their worry about the looming food crisis in the country amidst the ongoing war between Russia…
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Corporate
Safaricom appoints Karen Basiye Director of Sustainable Business, Social Impact
Safaricom has appointed Karen Basiye as the Director of Sustainable Business, Social Impact Impact and M-Pesa Foundation. In her new…
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News
Uganda, Kenya partner to boost intra Africa tourism
Uganda Tourism Board (UTB) is seeking to partner with Kenyan tour operators to boost intra-Africa tourism between the two East…
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