Corporate
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Equity Group Pretax Profit up Ksh.51 billion in 9 Months
Equity Group Holdings on Tuesday reported pretax profit of Ksh.51.0 billion ($397 million) for the first nine months of 2024. The…
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The Role of SACCOs as International Remittance Providers in Kenya
SACCOs have the potential to boost financial inclusion and stimulate economic growth in Kenya through international remittances, particularly in underserved…
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Peter Ndegwa’s 2024 Pay Down 19.4% to Ksh.252.3 Million
Peter Ndegwa, CEO of Safaricom Plc, East Africa’s telecom giant, received Ksh.252.3 million ($1.95 million) in total compensation for the…
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Family Bank Appoints Lazarus Muema as New Board Chairman
Family Bank has announced the appointment of Mr. Lazarus Muema as the new Chairman of its Board of Directors, following…
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Kenya Pipeline Upgrades Western Kenya Pipeline Boosting Flowrate to 515M3 Hourly
Kenya Pipeline Company (KPC) has successfully completed the second phase of its Line IV upgrade on the Nairobi-Eldoret pipeline, enhancing…
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Female Bosses Nowhere as African Start-ups with $100M+ Funding Still Dominated by Male
Since 2019, 27 start-ups in Africa have secured over $100 million in equity, debt, or grant funding. Leading the pack…
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Adani Green Profit Jumps 38% Amid Growing Clean Energy Demand
Adani Green Energy Ltd. reported a 38% increase in second-quarter profit, following rising power sales and an installation expansion. Profit…
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Bolt Defends Pricing Formula in Kenya Amid Uproar Over Commission, Taxes
Ride-hailing company Bolt has defended its pricing model in Kenya following recent protests by drivers demanding a fair share of…
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ATIDI Elects New Board Leadership as Prof. Kelly Mua Kingsly Takes Over as Chair
The African Trade & Investment Development Insurance (ATIDI), commonly referred to as the African Trade Insurance Agency, has announced the…
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Kenya Airways Now Seeks Partial Control of JKIA Amidst Adani-Takeover Discussions
Kenya Airways wants to gain some control of the capital’s biggest airport even as authorities discuss concessions with private players…
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