Lawrence Baraza
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Economy
CBK retains benchmark lending rate at 9.5%
The Central Bank of Kenya (CBK) has retained the benchmark lending rate at 9.5 percent following its Monetary Policy Committee…
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Corporate
Family Bank profit up to Ksh.1 billion in Q1
The Family Bank Group has recorded a Ksh.1.04 Profit Before Tax for the period ending 31 March 2023. The Bank’s…
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Economy
Low-carbon startups in Africa hit first close at Ksh.6.6 billion
Africa’s climate tech startups could see a significant increase in funding in the coming years as more funds target the…
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Corporate
Standard Chartered Bank Q1 net profit up 45.7% to Ksh.4 billion
Standard Chartered Bank Kenya saw its quarter one financial gain, when it posted a 45.7 percent increase in net profit…
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Corporate
Kenya becomes regional hub for BAT in East, Southern Africa markets
As part of the BAT Group’s business transformation agenda, BAT’s regional office in Kenya has expanded its market scope to…
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Corporate
Equity Group’s 2023 Q1 profit up 10% to Ksh.16.9 billion
Equity Group Holding posted a 10 percent jump in pre-tax profit to Ksh.16.9 billion on a rising loan book in…
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Corporate
Equity Group receives approval for insurance business in Kenya
Equity Group Holding said on Monday it had received regulatory approval to set up a general insurance business in Kenya,…
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Economy
Ruto’s Housing Fund headache and why it matters
Kenya’s urbanization rate stood at an average of 3.7% as of 2021, higher than the global average of 1.6%. Similarly,…
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Markets
Investors avoid duration risk in T-Bills as subscription rate hits 110% to Ksh.19 billion
Based on market analysis for the past week, Treasury Bills were oversubscribed, with the overall subscription rate at 110.7%, up…
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Economy
Key areas which IMF thinks Kenya has well prioritised for economic recovery
International Monetary Fund (IMF) Managing Director Kristalina Georgieva is in Kenya and met President William Ruto at State House in…
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