Business
Oil Prices Hike After Iran’s President Raisi Dies in Helicopter Crash
May 20, 2024
Oil Prices Hike After Iran’s President Raisi Dies in Helicopter Crash
Prices of crude oil began the week with a gain following the news that a helicopter with Iran’s president on…
KCB, Proparco Sign $95 Million Deal for Climate Investments in Kenya
May 17, 2024
KCB, Proparco Sign $95 Million Deal for Climate Investments in Kenya
KCB Bank Kenya has secured a $95 million loan from Proparco for climate investment projects in Kenya. Proparco is a…
CIC Pretax Proft Up 209% to Ksh.2.5 Billion
May 14, 2024
CIC Pretax Proft Up 209% to Ksh.2.5 Billion
CIC Insurance Group Plc has reported a Profit Before Tax of Kssh.2.5 billion for the year ended December 2023 from…
Old Mutual in Nyeri to Help Flood Victims
May 13, 2024
Old Mutual in Nyeri to Help Flood Victims
Old Mutual Group and its subsidiary, Faulu Microfinance Bank are in Nyeri to help more than 500 families that have…
Umba Microfinance Bank to Offer Car Finance in Deal with Peach Cars at 70%
May 9, 2024
Umba Microfinance Bank to Offer Car Finance in Deal with Peach Cars at 70%
Peach Cars has joined forces with Umba Microfinance Bank to introduce a groundbreaking 24-hour car financing option for customers. Peach…
KTDA Inks Deal with Co-Op Bank, Eco.Business for Environment Governance Initiatives
May 9, 2024
KTDA Inks Deal with Co-Op Bank, Eco.Business for Environment Governance Initiatives
Directors affiliated with KTDA-run factories are set to benefit from capacity building and training on Environmental Social and Governance initiatives…
SBM Bank Appoints Bhartesh Shah its New CEO
May 9, 2024
SBM Bank Appoints Bhartesh Shah its New CEO
SBM Bank (Kenya) Limited Board has appointed Bhartesh Shah its new Chief Executive Officer (CEO), effective May 9, 2024. Shah…
Shilling Regains Strength Against Dollar to 131 Units
May 9, 2024
Shilling Regains Strength Against Dollar to 131 Units
The Kenyan shilling has shown signs of resilience and strength against the US Dollar, marking a fluctuating yet notable trend…
Flood Victims to Benefit from Safaricom’s Ksh.30 Million Kitty
May 9, 2024
Flood Victims to Benefit from Safaricom’s Ksh.30 Million Kitty
Safaricom announced Thursday it will support Kenyans affected by the flood through M-PESA Foundation. The Ksh.30 million will be used…
Safaricom Earnings Cross $1 Billion Mark, Retains Dividend at Ksh.1.2
May 9, 2024
Safaricom Earnings Cross $1 Billion Mark, Retains Dividend at Ksh.1.2
In the dynamic landscape of African business, a select few companies have managed to surpass the $1 billion mark in…