Lawrence Baraza
-
Corporate
Family Bank Profit up 24.3% to Ksh.1.3 Billion in Q1 2024
Family Bank Group has posted a Ksh.1.3 billion Profit Before Tax for the period ended March 31, 2024, representing a…
Read More » -
Markets
KCB Bank Raises its Base Lending Rate to 15.6%
The Kenya Commercial Bank (KCB) has announced an upward revision of its base lending rate to 15.6% per annum. The…
Read More » -
East Africa
State Sends Warning to Corrupt Deals in Housing as Authority Celebrates 70 Years
The National Housing Corporation (NHC) rebranded into a new look on May 27, 2024, even as corruption stood out as…
Read More » -
Corporate
NBK Asset Base Up 4% as Profit Soars to Record Ksh.535 Million
The National Bank of Kenya (NBK) saw its asset base grow by 4% to Ksh.157 billion following the news of…
Read More » -
Economy
Ruto Signs Africa’s Largest $180MN Student Hostels Deal With U.S
Acorn Holdings Limited – Africa’s largest developer of Purpose-Built Students Accommodation (PBSA)- has today signed a USD 180 million (Ksh.23.6…
Read More » -
CEO DESK
From Media to Banking, Achievements of Dr. Kiboro as He Exits as Family Bank Chair
Dr. Wilfred Kiboro is stepping down as the chairman of Family Bank after having been appointed to the position in…
Read More » -
Corporate
Arch. Gitau Mungai Replaces Dr. Kiboro as Family Bank Chairman
Family Bank Board of Directors has appointed Architect Francis Gitau Mungai as the new Chairman of the Board of Directors.…
Read More » -
East Africa
Kenya Inks $3.6 Billion 6-Lane Expressway Deal with US
The Kenya National Highways Authority (KeNHA) has inked a $3.6 billion deal with Everstrong Capital LLC to construct an expressway…
Read More » -
Kenya
How Kenya Will Benefit as a non-NATO Ally
U.S. President Joe Biden is expected to designate Kenya as a key non-NATO ally, coming on top of the heel…
Read More » -
East Africa
Authority Mulls Removing 14-seater Matatus from Nairobi CBD
There are contemplations to remove the 14-seater matatus from Nairobi’s CBD in what is seen as a measure to reduce…
Read More »