Business
Angola pays Ksh.3.4 bn to become ATI’s 21st Member State
May 30, 2023
Angola pays Ksh.3.4 bn to become ATI’s 21st Member State
The Republic of Angola has become the 21st African Member State and the 1st Lusophone Member State of pan-African insurer,…
CBK retains benchmark lending rate at 9.5%
May 30, 2023
CBK retains benchmark lending rate at 9.5%
The Central Bank of Kenya (CBK) has retained the benchmark lending rate at 9.5 percent following its Monetary Policy Committee…
Family Bank profit up to Ksh.1 billion in Q1
May 30, 2023
Family Bank profit up to Ksh.1 billion in Q1
The Family Bank Group has recorded a Ksh.1.04 Profit Before Tax for the period ending 31 March 2023. The Bank’s…
Zoho opens first office in Nairobi, announces strategic partnership
May 29, 2023
Zoho opens first office in Nairobi, announces strategic partnership
Zoho Corporation, a leading global technology company, marked a significant milestone with the official opening of its new office in…
Low-carbon startups in Africa hit first close at Ksh.6.6 billion
May 29, 2023
Low-carbon startups in Africa hit first close at Ksh.6.6 billion
Africa’s climate tech startups could see a significant increase in funding in the coming years as more funds target the…
Standard Chartered Bank Q1 net profit up 45.7% to Ksh.4 billion
May 17, 2023
Standard Chartered Bank Q1 net profit up 45.7% to Ksh.4 billion
Standard Chartered Bank Kenya saw its quarter one financial gain, when it posted a 45.7 percent increase in net profit…
Kenya becomes regional hub for BAT in East, Southern Africa markets
May 16, 2023
Kenya becomes regional hub for BAT in East, Southern Africa markets
As part of the BAT Group’s business transformation agenda, BAT’s regional office in Kenya has expanded its market scope to…
Ghana seeks $4 billion from three lenders to shore up ailing economy
May 16, 2023
Ghana seeks $4 billion from three lenders to shore up ailing economy
Ghana is seeking credit facilities from three multilateral lenders – International Monetary Fund (IMF), World Bank and the African Development…
Equity Group’s 2023 Q1 profit up 10% to Ksh.16.9 billion
May 16, 2023
Equity Group’s 2023 Q1 profit up 10% to Ksh.16.9 billion
Equity Group Holding posted a 10 percent jump in pre-tax profit to Ksh.16.9 billion on a rising loan book in…
Equity Group receives approval for insurance business in Kenya
May 16, 2023
Equity Group receives approval for insurance business in Kenya
Equity Group Holding said on Monday it had received regulatory approval to set up a general insurance business in Kenya,…