Month: November 2022
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Agriculture
Mumias investors holding Ksh.1.53 billion in outstanding shares as firm rolls back to shelves
Kenyan Supermarkets have begun restocking sugar from Mumias Sugar Company Limited following protracted court battles after it was put under…
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Corporate
Absa Bank Q3 profit up 30% to Ksh.10.7 billion
Absa Bank’s net profit surged to Ksh.10.7 billion in nine months to September 2022. This is a 30 percent growth…
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Agriculture
Family Bank feted bank of the year for SME lending in Agriculture
Family Bank has been recognised as Bank of the year for high-impact agricultural lending to Small, Medium Enterprises (SMEs) by…
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Agriculture
Blow to govt as High Court suspends importation of GMO maize
High Court in Nairobi has stopped the Kenyan government from importing duty free Genetically Modified Organisms (GMO) maize. This deals…
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Markets
Stocks to watch on NSE as firms move to fight climate change
Increasing focus on fight against climate change, gas emission has taken shape in Africa and is expected to boost stocks…
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Markets
Treasury Bills remain undersubscribed owing to tightened liquidity
The Treasury Bills (T-Bills) remained undersubscribed when the overall subscription rate declined to 113.4%, from the 170.8% recorded the previous…
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Corporate
DTB Q3 profit up 20% to Ksh.5.8 billion
Diamond Trust Bank’s (DTB) net profit surged by 20.8 percent to Ksh.5.8 billion in nine months to September 2022. The…
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Finance
How risk-based credit pricing model affects borrowers and banks
The excitement around financial inclusion in Kenya is not without merit owing to innovative aspects of Fintechs and banks. This…
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Finance
NCBA bank boasts as leader in digital loans currently at Ksh.521 billion
NCBA’s loan portfolio on its digital platform shoot to Ksh.521 billion in nine months to September 2022. This makes the…
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Corporate
NCBA Q3 profit up 97% to Ksh.12.8 billion
NCBA net profit in nine months to September surged by 97 percent to Ksh.12.8 billion from Ksh.6.5 billion profit posted…
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