Markets
-
NBK records a Ksh150M net profit in its half year results
National Bank of Kenya (NBK) has recorded a Ksh150 million half year net profit for the year ending June 30,…
Read More » -
SWVL invests Ksh1.5 billion into Kenya’s transport system
Shuttle-hailing firm SWVL has announced plans to invest Ksh1.5 billion ($15 million) into Kenyan transport operations. The start-up will enable…
Read More » -
Barclays Bank half year profit up by 2% to Ksh3.9 billion
Barclays Bank of Kenya has reported a profit after tax of Sh3.9 billion for the period ended 30th June 2019,…
Read More » -
Kenya in rush to secure Ksh2.7 billion horticulture market in Australia as deadline looms
Kenya’s exporters of cut flowers to Australia have a reason to smile after receiving a nod to import Fumigation gas,…
Read More » -
KCB, NBK union enters final stage
Kenya Commercial Bank (KCB) will waive the option to have National Bank of Kenya (NBK) delisted from the Nairobi bourse…
Read More » -
Stanchart half-year net profit up 5.6% to Ksh.6.9 bn
Standard Chartered bank Kenya recorded a 5% growth in pre-tax profits to ksh6.9 billion, attributed to a 70% drop in…
Read More » -
KQ records Ksh.8.6 billion loss in 2019 half year results
By Victoria Amunga/…National carrier Kenya Airways (KQ) has posted a pretax loss of Ksh.8.56 billion in its 2019 half year…
Read More » -
Trade CS Munya on the spot over Ksh.10 bn edible oil
The controversial edible oil that was impounded by the government has not been released as earlier claimed by CS Trade…
Read More » -
Paxful to expand Bitcoin access in East Africa
Paxful has unveiled plans to expand its business in the Kenya and East Africa the company envisions its move to…
Read More » -
Ksh.81 billion lent by Safaricom in 6 months on Fuliza
Safaricom outlaid an estimated Ksh81 billion in digital loans on its M-Pesa’s overdraft facility Fuliza in the six months to…
Read More »