Business

Subaru lovers to get new cars on credit in new deal with Autochek Africa

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

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

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

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

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

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

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…
Family Bank profit up 132% to Ksh.3.3 billion in 2021 full year results

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…
Horticulture value down Ksh.7 billion on declined volume export

Horticulture value down Ksh.7 billion on declined volume export

Horticulture profits fell by Ksh.7.1 billion in January this year, owing to a decrease in the volume of produce shipped…
KQ narrows profit loss to Ksh.15.8 billion in 2021 full year results

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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