Business
Explained: How Finance Bill, 2024 Will Hurt Kenyan Manufacturers
May 29, 2024
Explained: How Finance Bill, 2024 Will Hurt Kenyan Manufacturers
The Kenya Association of Manufacturers (KAM) presented its feedback on the Finance Bill, 2024 to the National Assembly Committee on…
Family Bank Profit up 24.3% to Ksh.1.3 Billion in Q1 2024
May 28, 2024
Family Bank Profit up 24.3% to Ksh.1.3 Billion in Q1 2024
Family Bank Group has posted a Ksh.1.3 billion Profit Before Tax for the period ended March 31, 2024, representing a…
NBK Asset Base Up 4% as Profit Soars to Record Ksh.535 Million
May 27, 2024
NBK Asset Base Up 4% as Profit Soars to Record Ksh.535 Million
The National Bank of Kenya (NBK) saw its asset base grow by 4% to Ksh.157 billion following the news of…
Ruto Signs Africa’s Largest $180MN Student Hostels Deal With U.S
May 24, 2024
Ruto Signs Africa’s Largest $180MN Student Hostels Deal With U.S
Acorn Holdings Limited – Africa’s largest developer of Purpose-Built Students Accommodation (PBSA)- has today signed a USD 180 million (Ksh.23.6…
United Bank of Africa Allocates Ksh.37.5 Billion to Boost Kenyan SMEs
May 24, 2024
United Bank of Africa Allocates Ksh.37.5 Billion to Boost Kenyan SMEs
United Bank of Africa (UBA) has committed Ksh.37.5 billion ($285 million) to its Kenyan subsidiary, UBA Bank Kenya, to support…
From Media to Banking, Achievements of Dr. Kiboro as He Exits as Family Bank Chair
May 24, 2024
From Media to Banking, Achievements of Dr. Kiboro as He Exits as Family Bank Chair
Dr. Wilfred Kiboro is stepping down as the chairman of Family Bank after having been appointed to the position in…
Arch. Gitau Mungai Replaces Dr. Kiboro as Family Bank Chairman
May 24, 2024
Arch. Gitau Mungai Replaces Dr. Kiboro as Family Bank Chairman
Family Bank Board of Directors has appointed Architect Francis Gitau Mungai as the new Chairman of the Board of Directors.…
How Kenya Will Benefit as a non-NATO Ally
May 23, 2024
How Kenya Will Benefit as a non-NATO Ally
U.S. President Joe Biden is expected to designate Kenya as a key non-NATO ally, coming on top of the heel…
Authority Mulls Removing 14-seater Matatus from Nairobi CBD
May 23, 2024
Authority Mulls Removing 14-seater Matatus from Nairobi CBD
There are contemplations to remove the 14-seater matatus from Nairobi’s CBD in what is seen as a measure to reduce…
Oil Prices Fall for Fourth Day as US Rate Hike Prospects Emerge
May 23, 2024
Oil Prices Fall for Fourth Day as US Rate Hike Prospects Emerge
The U.S. crude oil benchmark, West Texas Intermediate (WTI) has fallen well below the $80 mark it surpassed at the…