Corporate
-
Mumias investors holding Ksh.1.53 billion in outstanding shares as firm rolls back to shelves
Kenyan Supermarkets have begun restocking sugar from Mumias Sugar Company Limited following protracted court battles after it was put under…
Read More » -
Absa Bank Q3 profit up 30% to Ksh.10.7 billion
Absa Bank’s net profit surged to Ksh.10.7 billion in nine months to September 2022. This is a 30 percent growth…
Read More » -
Family Bank feted bank of the year for SME lending in Agriculture
Family Bank has been recognised as Bank of the year for high-impact agricultural lending to Small, Medium Enterprises (SMEs) by…
Read More » -
DTB Q3 profit up 20% to Ksh.5.8 billion
Diamond Trust Bank’s (DTB) net profit surged by 20.8 percent to Ksh.5.8 billion in nine months to September 2022. The…
Read More » -
NCBA Q3 profit up 97% to Ksh.12.8 billion
NCBA net profit in nine months to September surged by 97 percent to Ksh.12.8 billion from Ksh.6.5 billion profit posted…
Read More » -
Family Bank’s pre-tax profit up 33% to Ksh.3.5 billion in Q3
Family Bank Group has recorded a Ksh.3.5 billion Profit Before Tax for the first nine months of 2022 up from…
Read More » -
Benefits of CIS mechanism to a Kenyan borrower in credit market
The linkage between access to credit and economic development of a country has been made more proficient with the Credit…
Read More » -
Co-op Bank profit up 47% to Ksh.17.1 billion in Q3 results
The Co-operative Bank of Kenya profit surged by 47 percent to Ksh.17.1 billion from Ksh.11.6 billion posted same period last…
Read More » -
Govt stops Fly540 from selling passenger tickets
The Kenyan government has directed Fly540 to stop advertising its flight tickets across its platforms due to complaints raised by…
Read More » -
KCB board proposes Ksh.3.2 bn dividend after recording Ksh.30 bn net profit
The Kenya Commercial Bank (KCB) board has proposed a dividend of Ksh.3.2 billion after it reported a Ksh.30 billion net…
Read More »