Corporate
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KQ plunges into further loss to record Ksh.11.5 billion in first half of 2021
National carrier Kenya Airways (KQ) losses dropped from Ksh.14. 4 billion to Ksh.11.5 billion in the first half of 2021.…
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CMA directs Nairobi Coffee Exchange to admit 5 Coffee brokers
Capital Markets Authority (CMA) has directed Nairobi Coffee Exchange to admit five coffee brokers following their licensing to the trading…
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Absa Bank reports 846% net profit jump to Ksh.5.6 billion
Absa Bank Kenya Plc has reported 846 percent growth in its profit after tax to Ksh.5.6 billion for the year…
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KCB completes a Ksh.4.6 billion purchase of Rwandan BPR bank
KCB Group PLC has completed the acquisition of Banque Populaire du Rwanda Plc (BPR) from Atlas Mara Mauritius Limited and…
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KenGen surpass crucial 450 metres of geothermal drilling
Kenya Electricity Generating Company PLC (KenGen) has surpassed a crucial stage in the ongoing Ksh.678 million geothermal drilling contract in…
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Isuzu East Africa sells Ksh.189 million worth of pick-ups to firm
Isuzu East Africa sold its 43 pick-ups work Sh189 million to Avenue Car Hire Limited. The sale signals surging demand…
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Court slaps man with 2yrs jail term over smartphone theft
A man has been sentenced to two years in prison for stealing an Infinix smartphone valued at Ksh.23000. Koire Abdallah…
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KCB’s HY profit doubles to Ksh.15.3 billion
KCB Group has posted a strong performance in the first half of the year, to record double net profit of…
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Sanlam HY loss almost triples to record Ksh.292 million
The underwriter Sanlam Kenya, has recorded a huge loss for the period ended June to record Ksh.291.9 million from a…
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Co-op bank HY profit up 2.8% on rebounding operating income
The Co-operative Bank has registered a marginal 2.8 percent growth in earnings in six months to June this year, to…
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