Business
NBK Net Profit Down to Ksh.2.9 Billion in Q3
November 24, 2023
NBK Net Profit Down to Ksh.2.9 Billion in Q3
The National Bank of Kenya (NBK) has reported a loss after tax of Ksh.2.97 billion for the period ending 30…
Stanchart Net Profit Up 12% to Ksh.9.7 Billion in Q3
November 22, 2023
Stanchart Net Profit Up 12% to Ksh.9.7 Billion in Q3
Standard Chartered Bank reported a 12% increase in profit after tax for the nine-month period ending in September. The bank’s…
NCBA Group After Tax Profit Up 14.4% to Ksh.14.6 billion
November 22, 2023
NCBA Group After Tax Profit Up 14.4% to Ksh.14.6 billion
NCBA Group PLC experienced a 14.4% increase in Profit After Tax, reaching Ksh.14.6 billion, highlighting its strategic initiatives and commitment…
MPs Okay KEMSA Ksh.2 Billion for Medical Supplies
November 22, 2023
MPs Okay KEMSA Ksh.2 Billion for Medical Supplies
The National Assembly has granted approval for a Ksh.2 billion allocation to the Kenya Medical Supplies Authority (KEMSA) as part…
Kakuzi Tops Nominee in Kenya Avocado Industry Excellence Awards 2023
November 22, 2023
Kakuzi Tops Nominee in Kenya Avocado Industry Excellence Awards 2023
Kenyan agricultural firm Kakuzi Plc has been named a top nominee for the Kenya Avocado Industry Excellence Awards 2023. The…
First Future Holdings Joins CMA Sandbox with USSD Trading Platform
November 22, 2023
First Future Holdings Joins CMA Sandbox with USSD Trading Platform
The Capital Markets Authority (CMA) has incorporated First Future Holdings Limited (FFHL) into its Regulatory Sandbox initiative to promote Fintech.…
AfDB approves $10 Million investment in Kenya’s Dhamana Guarantee
November 22, 2023
AfDB approves $10 Million investment in Kenya’s Dhamana Guarantee
The African Development Bank Group (AfDB) has approved a $10 million equity investment in Dhamana Guarantee Company Limited to provide…
Over 300 Jobs Up for Grab at NSSF Across Kenya
November 21, 2023
Over 300 Jobs Up for Grab at NSSF Across Kenya
The National Social Security Fund (NSSF) has posted 336 job vacancies, seeking competent candidates to fill them. NHIF seeks competent…
World Bank to Loan Kenya $12 Billion in Next Three Years
November 21, 2023
World Bank to Loan Kenya $12 Billion in Next Three Years
The World Bank has pledged to finance Kenya’s goal of becoming an upper-middle-income country by 2030, with up to $12…
CBK Offers Ksh.25 Billion Tap Sale with Unique Bidding Process
November 21, 2023
CBK Offers Ksh.25 Billion Tap Sale with Unique Bidding Process
The Central Bank of Kenya (CBK) has announced a Tap Sale of the Ksh.25 billion Treasury Bond that was initially…