Lawrence Baraza
-
Markets
Kenya’s market could lose confidence in forex effectiveness as shilling nears 117 mark
The Kenyan Shilling has continued to weaken against US Dollar, with manufacturers raising concerns over the high cost of obtaining…
Read More » -
Economy
Supreme Court grants taxpayers leave to appeal withholding taxes on card fees
The Supreme Court of Kenya delivered a ruling on 19 May 2022 in Motion No. 15 of 2021 Barclays Bank…
Read More » -
Corporate
Outgoing KCB boss Oigara leaves bank’s 2022 Q1 profit at Ksh.9.9 billion, a 53% gain
KCB Group’s net earnings grew by 53 percent to Ksh.9.9 billion in the first quarter ended March 31, 2022. This…
Read More » -
Corporate
Net interest income pushes Family Bank’s 2022 Q1 profit up 43.7% to Ksh.1 billion
Family Bank’s pretax profit surged by 43.7 percent in the first quarter of 2022 to Ksh.1.05 billion from Ksh.728.8 million…
Read More » -
NEWS
Safaricom to launch virtual Visa card for all-round global transaction
Safaricom is set to launch a virtual Visa card that will enable customers to make all-around payments for goods and…
Read More » -
Corporate
Elon Musk sued for tanking Twitter’s stock
A number of Twitter shareholders are worried about the tanking of the Twitter stock following a controversial Ksh.5 trillion buyout…
Read More » -
Corporate
National Bank Q1 revenue grew by 72% to Ksh.395 million
National Bank of Kenya (NBK) has recorded a profit after tax of Ksh.395 million for the quarter ending March 31,…
Read More » -
Economy
New Ksh.2 billion steel factory in Kisumu to employ 600 youth starting June
A new Ksh.2 billion steel factory in Kisumu is set to start manufacturing work this June and will employ more…
Read More » -
Corporate
I&M bank Q 1 profit up 44.4% to Ksh.2.6 billion
I&M bank posted a 44.4 percent jump in its 2022 quarter one net profit of Ksh.2.6 billion from Ksh.1.8 billion.…
Read More » -
Sport
Todd Boehly buys Chelsea FC from Abramovich at Ksh.364.6 billion
The UK government has approved the sale of Premier League football club Chelsea to a consortium led by Los Angeles…
Read More »