Business
Acorn student accommodation profit up to Ksh.1.16 billion in first year of operation
April 1, 2022
Acorn student accommodation profit up to Ksh.1.16 billion in first year of operation
Acorn Investment Management Ltd (AIML), the entity behind Qwetu and Qejani Student Residences, has posted a Ksh.1.16 billion net profit…
ICEA’s I-Reit profit down 16.2% to Ksh.123.9 million in 2021 full year results
April 1, 2022
ICEA’s I-Reit profit down 16.2% to Ksh.123.9 million in 2021 full year results
ILAM Fahari I-REIT’s net profit slumped by 16.2 percent to Ksh.123.9 million for the year ended December 31, 2021, compared…
CBK bags over Ksh.7.1 billion at treasury bill weekly auction
April 1, 2022
CBK bags over Ksh.7.1 billion at treasury bill weekly auction
The Central Bank of Kenya (CBK) received Ksh.7.124 billion at the Weekly Treasury Bills Auction from the Ksh.24 billion on…
Subaru lovers to get new cars on credit in new deal with Autochek Africa
March 31, 2022
Subaru lovers to get new cars on credit in new deal with Autochek Africa
Subaru Kenya and Autochek Africa have signed a deal that will see customers buy new and second-hand cars through loan…
Bitcoin price up 24.9% to Ksh.5.4 million, highest in 2022
March 31, 2022
Bitcoin price up 24.9% to Ksh.5.4 million, highest in 2022
Bitcoin has risen to Ksh.5,428,966.00, reaching its highest level since December last year compared to when it last slumped to…
KCB Group’s newly acquired BPR Bank changes name to BPR Bank Rwanda
March 31, 2022
KCB Group’s newly acquired BPR Bank changes name to BPR Bank Rwanda
KCB Group PLC has finished a merger process for its KCB Bank Rwanda and Banque Populaire du Rwanda (BPR) after…
Kenya’s Twiga Food, Opibus named among 100 most influential companies globally
March 30, 2022
Kenya’s Twiga Food, Opibus named among 100 most influential companies globally
Twiga Foods has been named one of the 100 Most Influential Companies globally by Time Magazine. Twiga Foods made it…
COVID in China: Tesla suspends work in Shanghai over COVID-19 curbs
March 30, 2022
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…
I&M Bank net profit up 2.5% to Ksh.8.62 billion in 2021 full year earrings
March 30, 2022
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…
DTB resumes dividend payout after posting a Ksh.3.9 billion profit
March 30, 2022
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…