Corporate
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COVID in China: Tesla suspends work in Shanghai over COVID-19 curbs
U.S. automaker Tesla has suspended production at its Shanghai factory for four days after the financial hub said on Sunday…
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I&M Bank net profit up 2.5% to Ksh.8.62 billion in 2021 full year earrings
I&M Holdings has recorded a 2.5 percent increase in net profit to Ksh.8.62 billion for the full year ended December…
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DTB resumes dividend payout after posting a Ksh.3.9 billion profit
Diamond Trust Bank posted a Ksh.3.9 billion profit for the full year ended December 31, 2021, compared to Ksh.3.2 billion…
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Family Bank profit up 132% to Ksh.3.3 billion in 2021 full year results
Family Bank Group’s pretax profit surged by 131.6 percent to Ksh.3.3 billion for the year ended December 31, 2021. The…
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KQ narrows profit loss to Ksh.15.8 billion in 2021 full year results
The national carrier, Kenya Airways has reported a net loss of Ksh.15.8 billion for the financial year ended December 2021.…
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Faulu Bank inks Ksh.112.9 million deal with USAID to finance 10k farmers
Faulu Bank has entered into a partnership with USAID-funded Feed the Future Kenya Crops and Dairy Market Systems Activity (KCDMS)…
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DPP shortlists candidates for advertised jobs; how to check
The Office of the Director of Public Prosecutions has announced the list of shortlisted candidates following applications of jobs advertised…
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Absa appoints Arrie Rautenbach its new CEO
Absa Group Limited (Absa) has appointed Arrie Rauntenbach as its first internally appointed Chief Executive Officer (CEO). The lender last…
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Inside Telkom, Airtel struggle to remain afloat against Safaricom’s continued dominance
Airtel Kenya and Telkom-Kenya, which recently attempted a merger to strengthen their financial position, are set to get further loans…
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Kenya okays Yellow Maize importation
Animal Feed processors have been okayed to import yellow maize with minimal Genetically Modified organisms ( GMO) content. The condition…
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