Family Bank net profit surged by 33 percent to Ksh.1.6 billion in six months to June this year. This was supported by improved income on the back of greater lending in the period. Its total income in the six months jumped by 13.5 percent to Ksh.5.9 billion
The Nairobi Securities Exchange (NSE) expects its first main-market segment listing in more than three years to happen before the end of December and boost activity on the bourse. “We have one application right now that’s being processed,” Chief Executive Officer Geoffrey Odundo said in an
The Supreme Court of Kenya has set nine key issued that will guide its ruling in the presidential election petition that was filed by nine Kenyans including Azimio La Umoja One Kenya coalition leader Raila Odinga. and his deputy Martha Karua. The issues are Whether What relieves
The Supreme Court has consolidated the seven of the nine petitions which were challenging the results of the presidential election results. They were consolidated during the Pre-Trial conference on Tuesday, with Chief Justice Martha Koome saying the issues raised in the seven petitions are parallel to
National carrier Kenya Airways (KQ) has its half year loss to June by 14 percent to Ksh.9.9 billion from Ksh.11.5 billion at the same time last year. The loss reduction is attributable a recovery in revenue over the six months with turnover up by 76 per
Toyota Kenya has acquired a 35 per cent stake in solar installation company Ofgen to deepen the automaker's interest in the growing clean energy market. The acquisition was approved by the Competition Authority of Kenya (CAK) on August 23 The deal will help the auto firm, now
Dr. Yousef Elhemmali has joined OLA Energy Kenya Limited as the General Manager effective 1st August 2022. In addition to his role as General Manager, Dr. Yousef is also the East Regional Business Officer overseeing the operations of the OLA Energy affiliates of Eritrea, Ethiopia,
Equity Group has posted a 35.4 per cent rise in net profit to Ksh.23.7 billion from Ksh.17.5 billion at the same stage last year. The rise in earnings over the six months to June is largely attributable to higher income in the period supported by renewed
OPPO has launched OPPO A77 smartphone in its vibrant Kenyan market. The affordable OPPO smartphone marks generational leaps in a multitude of areas for the A-series, each of which enhances the everyday user experience. It has an advanced charging technology. 33W SUPERVOOC charges your phone in
The Higher Education Loans Board (HELB) loan interest rated have been ruled unconstitutional by the high court, pitting the lender against university students who rely on institution to fund their education. According to the High Court, the lender contravened Article 43 (1) (e) and (f) and
