Corporate
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Why Kenya’s Ernest & Young Won’t Receive World Bank Funded Projects
The Kenyan branch of the global consulting and professional services firm, Ernest & Young, has been barred from participating in…
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KPC Foundation Enhances Healthcare Access for Nkuene Ward Residents With Ksh.6.5 Million Facility
Residents of Nkuene Ward in Meru County now have a reason to smile as they have gained easier access to…
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IFC’s Fintech Fund to Work with Metropol for Africa’s Creative Economy
The International Finance Corporation (IFC) is spearheading the development of a high-tech/fintech fund dedicated to nurturing the African creative economy.…
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Report Reveals What CEOs Plan to Do Should Finance Bill 2024 Become Law
As the Finance Bill 2024 entered the final stage of public participation Monday, the Central Bank of Kenya (CBK) published…
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Brussels Airlines Returns to Kenya After 9-Year Hiatus
Brussels Airlines, Belgium’s flag carrier and the largest airline of Belgium has resumed flights into Nairobi, Kenya after a nine-year…
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Absa Pledges 10% in Lending in Green Projects for Africa’s Climate Transition
Absa Bank has committed to expanding its lending to green projects and dedicating a minimum of 10 percent of its…
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Kenya Re Dividends Up 50% on Strong Financial Performance
The board of Kenya Reinsurance Corporation (Kenya Re) has reported a 50% increase in dividend per share to Ksh.0.3 in…
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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…
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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…
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United Bank of Africa Allocates Ksh.37.5 Billion to Boost Kenyan SMEs
United Bank of Africa (UBA) has committed Ksh.37.5 billion ($285 million) to its Kenyan subsidiary, UBA Bank Kenya, to support…
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