Corporate
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Sanlam narrows profit loss by 13.4% to Ksh.542 million in 2021
Sanlam Kenya narrowed its profit loss by 13.4 percent to Ksh.542 million for the full year ended December 31, 2021.…
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EABL commissions Ksh.885 million micro-brewery in Nairobi’s Ruaraka
East African Breweries (EABL) has commissioned the construction of a Ksh.885 million microbrewery at Ruaraka, Nairobi which will serve as…
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Inside WPP Scangroup new boss Ithau’s plan to steer company to profitability
WPP-Scangroup has outlined three strategic priorities including technological backed creative outputs, enhanced sub-Saharan footprint and collaborations to steer the group…
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Safaricom Co-operative allocates Ksh.750 million for housing units construction in Ruaka
Safaricom Investment Co-operative is set to begin the construction of a Ksh 750 million real estate project in Ruaka, Kiambu…
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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…
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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…
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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…
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Metro Trans inks a Ksh.398 million deal with National Bank for 80 new busses
Metro Trans East Africa in partnership with the National Bank of Kenya unveiled a new fleet of 25 buses that…
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Co-Op Bank 2022 Q1 up 56% to Ksh.5.8 billion
Co-operative Bank of Kenya’s net profits grew to Ksh.5.8 billion for the first three months of 2022 ending March 31.…
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Family Bank secures Ksh.1.95 billion for SMEs targeting education sector
Family Bank has secured a total of Ksh.1.98 billion, from BlueOrchard Finance Ltd (BlueOrchard) managed funds to extend to the…
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