Finance
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AAR net profit down 55 % as total income grows 14%
Medical underwriter, AAR Insurance has posted a 58.1 percent dip in its pre-tax profit for the year ended December 2020.…
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Nairobi business ventures to acquiring stakes, assets in local firms
The listed trading firm, Nairobi Business Ventures has announced that it is in the process of acquiring shareholding and assets…
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Family Bank records a 1.3% growth in pre-tax profit to Ksh.1.44 billion
Family Bank posted a 1.3 percent growth in its profit before tax for the full year ended December 2020 to…
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Equity Bank reports 11% drop in net profit to Ksh.20.1 billion.
Equity Bank reported an 11 percent drop in net profit for the year 2020 to Ksh.20.1 billion. The profit dip…
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Sanlam slumps into Ksh.78 million after-tax loss
Sanlam Kenya closed the year 2020 on a Ksh.78 million after-tax loss, due to increased claims and lower investment returns,…
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Gladys Wanga says there is need to protect consumers
The National Assembly Committee on Finance and National Planning is republishing the bill to amend the Central Bank of Kenya…
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Civil society organization blame tax evasion for rising debt levels
It is now emerging that companies are the highest sources of illicit financial flows in the country. According to the…
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Elon Musk okays purchase of Tesla using Bitcoin
The Tesla founder and Chief Executive Officer Elon Musk has said Tesla cars can now be bought using Bitcoin. Musk…
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T-Bills bounce back to oversubscription on improved liquidity
T-bills recorded an oversubscription last week, with the overall subscription rate coming in at 115.0 percent, an increase from the…
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Faulu eyeing the rich agricultural and commercial potential in Limuru
Faulu Microfinance Bank has opened a new branch in Limuru town Kiambu County in a bid to eye the rich…
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