Lawrence Baraza
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East Africa
Uganda Doing Better Than Kenya Despite Low Fuel Cost; This is how
Life in Uganda has become even more affordable, but you wouldn’t notice until one visits President Museveni-led country. In February…
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Markets
Shilling Gain Helps Ease Kenya’s Inflation to 2-year Low
Kenya’s inflation eased to a two-year low according to the latest data by the Kenya National Bureau of Statistics (KNBS).…
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Corporate
How Major Banks in Kenya Performed in 2023 Full-Year Results
Last week, I&M Group, DTB Group, Equity Group, and NCBA Group reported their FY 2023 results, closing the FY 2023…
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Economy
Shelter Afrique Dev. Bank Presents Papers to Kenya For Affordable Housing Push
Shelter Afrique Development Bank (ShafDB) has presented its credential papers to Kenya to help with President William RFuto’s Affordable Housing…
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T-Bonds
CBK Seeks Ksh.40 Billion in Domestic Market for Budgetary Support
The Central Bank of Kenya (CBK) has put on auction a Ksh.40 billion bond in the domestic market. It is…
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Corporate
National Treasury Receives Ksh.5 Billion from Kenya Pipeline in Dividends
The Kenya Pipeline Company (KPC) has declared an interim dividend payment of Ksh. 5 billion to the National Treasury for…
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Corporate
Equity Group Sees its Net Profit Down 5% to Ksh.43.7 Billion
Equity Group Holdings (EGH) experienced a decline in after-tax profit to Ksh.43.7 billion. This represents a 5% drop, making it…
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Corporate
NCBA After Tax profit up 56% to Ksh.21.5 billion
NCBA Group has posted an after-tax profit of Ksh.21.5 billion in its Full Year 2023 results, representing a 56% uptick…
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Corporate
Family Bank After Tax Profit up 13% to Ksh.2.5 Billion
Family Bank Group has posted a record Ksh.2.5 billion After Tax profit for the full year ended December 31, 2023.…
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Economy
State Corporations to Wire 80% in Profits to Treasury
All commercial State corporations will henceforth, start remitting 80% of their profits after tax to the National Treasury. This is…
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