Lawrence Baraza
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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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Economy
Ruto Vows to Close All Loss-Making Parastatals
The time is up for loss-making parastatals and those that make profits must stop wasteful expenditure, including financing largesse in…
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Corporate
KPC Feted for 4th Year in a Row at DIAR Awards
Kenya Pipeline Company (KPC) has been feted as the best state corporation on Diversity, Inlcusion & Sustainability for the fourth…
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Corporate
ATIDI Backs $7.7 million Hydro Project in Burundi
The pan-African trade insurance agency, The African Trade Investment and Development Insurance (ATIDI), has supported Songa Energy’s USD 7.7 million…
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Corporate
BasiGo Secures Ksh.390 Million for Electric Buses Production in Kenya, Rwanda
BasiGo has secured $3 million (Ksh390 million) worth of equity funding for electric busses production in Kenya and Rwanda. The…
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